While home sales in the Studio City market have been above average, in this week's report they dropped 9.8% to 55 homes sold over the last 30 days. On the other hand, the close-by Northridge neighborhood registered 75 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price in Studio City rose to $1,089,250 while months of inventory spiked to four.
Want to get a head start on other buyers? Check out these new listings in Studio City: