In September 2023, the real estate market in Studio City, CA 91607 remained competitive, firmly favoring sellers. With only 9 active listings, a median average price of $1,695,000, and a median price per square foot of $769, the market showcased its resilience. Over the course of the month, 8 homes were sold, spending a median of only 8 days on the market. The median sold price settled at $1,434,500, reflecting the strong demand in the area. With an absorption rate of 89%, it's clear that Studio City is experiencing a sellers' market, where demand continues to outpace supply, presenting favorable conditions for those looking to sell their properties.