Studio City DATA
MAY 2011
MAY 2012
% CHANGE
Median Price ..........................................................
$745,000
$908,000
21.9%
Average Price per Square Foot ...........................
$384
$404
5.2%
Properties Sold .......................................................
29
23
-20.7%
Properties Pending Sale .......................................
33
34
3.0%
Properties For Sale ................................................
115
68
-40.9%
Days on Market (Pending Sale) ...........................
66
52
-21.2%
Month’s Supply of Inventory ................................
4.0
3.0
-25.4%
Percent Under Contract ........................................
28.7%
50.0%
74.2%
Average Median Price for Last 12 Months ........
$806,000
$810,077
0.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar. Statistics are subject to change due to individual real estate company reporting disciplines.
$908
M E D I A N
S A L E S
(in hundred thousands)
$745
P R I C E
yearly trend
MAY
JUN
JUL
AUG
Micro Market Report : May 2012
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY