In September 2023, the real estate market in Studio City, CA 91604 remained competitive, firmly favoring sellers. With 25 active listings, a median average price of $2,795,009, and a median price per square foot of $1,034, the market showcased its resilience. Over the course of the month, 17 homes were sold, spending a median of just 27 days on the market. The median sold price settled at $2,22...

• calendar_month October 2, 2023
• category Market Update
• post Absorption, California, Home Sales, Homes For Sale, Housing Market Update, Los Angeles, Property, real estate, Studio City

In September 2023, the real estate market in Studio City, CA 91602 remained competitive, firmly favoring sellers. With only 5 active listings, a median average price of $1,999,000, and a median price per square foot of $876, the market showcased its resilience. Over the course of the month, 7 homes were sold, spending a median of 33 days on the market. The median sold price settled at $2,500,00...

• calendar_month October 2, 2023
• category Market Update
• post Absorption, California, Homes For Sale, Housing, Housing Market Update, Los Angeles, Property, real estate, Studio City

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 $1,43...

• calendar_month October 2, 2023
• category Market Update
• post Absorption, California, Home Sales, Homes For Sale, Housing Market Update, Los Angeles, Property, real estate, Studio City

In September 2023, the real estate market in Hollywood Hills, CA 90068 continued to show its strength and favorability towards sellers. With 34 active homes on the market, the median average price stood at an impressive $2,546,500, translating to a median price per square foot of $979. A total of 16 homes were sold during the month, with a median time of just 27 days on the market, reflecting t...

• calendar_month October 2, 2023
• category Market Update
• post Absorption, California, Hollywood Hills, Home Sales, Homes For Sale, Housing, Housing Market Update, Los Angeles, Property

The Studio City neighborhood in California's 91604 zip code has always been a popular choice for homeowners, and it's no wonder why. In this blog post, we'll explore the absorption rate for homes in 91604 for October 2023, offering a unique glimpse into the astonishing pace of property sales in this vibrant community. Understanding Absorption Rate The absorption rate is a ...

• calendar_month November 6, 2023
• category Absorption
• post 91604, Absorption, California, Homes For Sale, Housing Market Update, Los Angeles, Studio City

Studio City, CA 91602, has always been an attractive and sought-after area for homeowners. In this blog post, we'll explore the absorption rate for homes in 91602cfor October 2023, which provides a fascinating glimpse into the rapid pace of property sales in this vibrant community. Understanding Absorption Rate The absorption rate is a key metric in the real estate world that illu...

• calendar_month November 6, 2023
• category Absorption
• post 91602, Absorption, California, Homes For Sale, Housing Market Update, Los Angeles, Studio City

Nestled in the iconic Hollywood Hills, California's 90068 zip code has long been a place of intrigue and allure. In this blog post, we'll explore the absorption rate for homes in Hollywood Hills for October 2023, providing insights into the pace of property sales in this captivating neighborhood. Understanding Absorption Rate The absorption rate is a pivotal metric in the real...

• calendar_month November 6, 2023
• category Absorption
• post 90068, Absorption, California, Hollywood Hills, Homes For Sale, Housing Market Update, Los Angeles

The real estate market in Studio City, CA 91607, is continually evolving, and it's crucial to keep an eye on the key metrics that shape the buying and selling landscape. In this blog post, we'll delve into the absorption rate for homes in 91607 for October 2023, providing valuable insights into the pace of property sales in this highly desirable area. Understanding Absorption Rat...

• calendar_month November 6, 2023
• category Absorption
• post 91607, Absorption, California, Homes For Sale, Housing Market Update, Los Angeles, Studio City

November 9, 2023  Harout Keuroghlian Have you seen the news? Wall-to-wall headlines about the big housing market crash headed your way. You’d think it was a confirmed fact! As the CEO and founder of my own real estate brokerage, and an expert who’s been successfully working in the real estate industry for decades, I have news for you.  There will be no hous...

• calendar_month November 14, 2023
• category Market Update
• post California, Current Real Estate, Home Sales, Homes For Sale, Housing, Los Angeles, Property, real estate, Rent vs Buy

A December surge toward the seller’s favor is a holiday tradition in its own right when it comes to our monthly absorption rate analysis. It’s just how the “off-season” works in real estate. A lower volume of homes hitting the market typically tips the scales in the sellers’ favor. In December 2022, only one of our published neighborhoods (Glendale) dropped closer ...

• calendar_month January 4, 2025
• category Absorption
• post California, Current Real Estate, Homes For Sale, Housing, Housing Market Update, Los Angeles