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By now, 8 months into publicly releasing our absorption rate data, we’ve become pretty accustomed to the Greater Los Angeles area favoring the seller. But this is the first time we’ve seen every neighborhood we monitor move deeper into a seller’s market. So, if you’ve been thinking about selling your home, now might be a great time to stop thinking and start&nb...
PUBLISHED THU, JUN 22 2023 10:00 AM EDT UPDATED THU, JUN 22 2023 10:39 AM EDT Diana Olick @DIANAOLICK @DIANAOLICKCNBC @IN/DIANAOLICK KEY POINTS Home sales inched higher in May from April, according to the National Association of Realtors. High interest rates, inflated prices and tight supply are weighing on the traditionally busy spring market. Compared with a year e...
Here is the most current housing update for the City of Studio City, Los Angeles, CA: Active homes for sale: 57 Median listing price: $2,400,000 Price per square foot: $923 Total # of homes sold in May 2023: 17 Average time on the market: 18 Median sold price: $1,950,000 Absorption Rate: 29.83%
Here are the most current housing updates for the City of Studio City, Los Angeles, CA: 1. Studio City, CA 91602 Active homes for sale: 10 Median listing price: $3,397,500 Price per square foot: $879 Total # of homes sold in May 2023: 3 Average time on the market: 8 Median sold price: $1,299,000 Absorption Rate: 30% 2. Studio City, CA 91604 Act...
