Studio City Condos Real Estate Update and Sales in 2012
As of today, February 16th, 2012, I wanted to give you an update of real estate activity in the city of Studio City for condos.
- 28 Studio City condos are currently for sale at an average price of $440,207
- 27 condos are in escrow with an accepted offer
- 10 condos have sold so far this year at an average price of $379,690 at $282.52 per square foot. Condos owners are receiving an offer in 103 days on the market.
Studio City Condo Real Estate Sales Report for 2011:
- 115 Condos sold for an average of $411,596
- Average price per square foot was $282.43
- Condos sold for 96% of the listed price and received an offer within 91 days after being listed on the market for sale