Studio City Real Estate Home Search

Looking To Buy Or Sell Studio City Real Estate

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+Todd Riley

Studio City Home Values - What's My Studio City Home Worth

Thirty-one Studio City Single Family Homes For Sale closed escrow from July 1 to July 30th of 2014. The average sales price was $1,631,581. Average sales price per square foot was $566. The highest price sale, (the Joseph Barbera Estate), sold for $4,950,000 & boasted 6 bedrooms, 8.5baths and 6,899 square feet. The lowest priced home had 2 bedrooms, 1 bath and 917 square feet and sold for $720,000

Nineteen Studio City Condos/Townhomes closed escrow in the same time frame. The average sales price was $515,829. Average sales price per square foot was $374. The highest sales price was $865,000 for a 3 bedroom 2.5 bath, 1,605 square foot condo. The lowest price sale was a condo with 1 bedroom, 1 bath, 750 square feet.

For more information on Studio City Home Values visit our website.

If You Are Thinking About Buying Or Selling Real Estate In Sherman Oaks Get the FACTS HERE

Prices Up/Inventory Down

California’s median home price marked a full year of annual price gains, propelled by strong sales of higher-priced homes in February, while a lack of inventory constrained total home sales for the month, C.A.R. reported. 

"Brace yourself real estate prices are going back up! House prices, after falling for more than five years, are rising again. All the major sales-price indexes show that there have been modest national increases in recent months, even after adjusting for seasonal patterns. "
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Reverse Mortgage

Thinking about taking a reverse mortgage out on your home? Make sure you understand the ins and outs before you sign on the dotted line. Reverse mortgages can be very complicated and their are lots of bad people out there waiting to take advantage of you. The Consumer Financial Protection Bureau has put together a report that is a must read if you think a reverse mortgage is the answer to your problems. To read the report CLICK HERE

Top 10 Mistakes Home Sellers Make