Coldwell Banker: Studio City Market Update
Listings in Studio City 91604 remain low and in our office we have 50 active listings. Only 11 of them over 90 days and the figures show those that are priced competitively sell. In November we took 6 price reductions and have sold 4 of those listings.
Our closed sales are down slightly from 2013 and our average sales price is up over 15%. The tranasactions in general are taking longer and are often more difficult to close. We average around 12-15 opens per Sunday and continue to be the top listing office in Studio City.
By: Steve Katz
