Studio City Real Estate Market Continues Downward Trend in Home Sales

The Studio City market is experiencing a determined pullback as sales slumped again this week by 12.5% to 42 homes sold over the last 30 days. Prices are falling in Studio City, and this period the median price of all sales fell from $1,060,500 to $987,500. Despite the falling sales numbers, there are only three months of inventory remaining, indicating that Studio City is a still seller's market.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Studio City:

$360K   $375K   $389K  

Get started right now by checking out Studio City homes for sale or reviewing Studio City real estate trends.

Demographic facts about Studio City:

  • The current population is 32,020.
  • The safety rating in this area is 51. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 33 minutes.

Data reported through 1/11/2017

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