• calendar_month October 14, 2022
• folder Absorption Rate

Studio City, CA, The amazing city just over the hill from the rich and the famous has no shortage of glitz and glam its self! If you know Studio City you already know what I am referring to with some of the best private and charter schools, dinning, trendy bouquets and some of the best modern and modern farm house properties!!! 

Today Studio City, CA has 61 active homes on market with a median list price of $2,650,000 bringing it's price per SQFT median to $910. In the month of September 31 homes were sold at a median sold price of $2,050,000 after an average of only 17 days on Market! 

This means the area has an absorption rate of 50% and safe to say an active healthy market! So if you're a seller in Studio City chances are you are going to be able to get a great value for your home and given the demand for inventory don't have to worry about it sitting on the market for too long! If you are like me and love a modern/modern farm house Studio City is a great pocket to look in and you'll know you made a great investment!!