Just Studio City · Market Snapshot
Studio City Market Snapshot
Where the neighborhood stands heading into summer 2026, read as direction rather than decimals.
The signal
Median $/sq ft
$788
+5.3% YoYMedian sale price
$1.36M
−18.6% YoYMedian days on market
62
sold homesSale-to-list ratio
98.4%
≈2% under listPrice per square foot is the steady trend line; the median sale price bounces with the mix of homes that happen to close.
Every number
| Metric | Value | Change YoY |
|---|---|---|
| Median sale price | $1.36M | −18.6% |
| Median sale $/sq ft | $788 | +5.3% |
| Homes sold (last month) | ~23 | — |
| Median days on market (sold) | 62 days | — |
| Sale-to-list ratio | ~98.4% (≈2% under list) | −1.5 pts |
| Homes sold above list | 25.3% | −14.5 pts |
| Avg. down payment | 20.1% | — |
| Median list price (active) | $1.99M | ≈ −6% |
| Competitiveness | "Somewhat competitive" | — |
What the numbers say
The headline median sale price ($1.36M, down ~19% YoY) looks dramatic, but it's driven by mix, which specific homes happened to close in a thin month, not a collapse in values. The steadier signal is price per square foot at $788, up 5.3% year-over-year, which says underlying values are holding and modestly rising. Homes are taking about two months to sell and trading at roughly 2% under list, with the share of homes selling above asking cooling to about a quarter (down sharply from a year ago). Net: a balanced, slightly seller-favored market where realistic pricing wins and buyers have a little more room to negotiate than in 2025.
Ready to post
Drop-in paragraph for the site
Studio City Market Update, Summer 2026. Studio City remains a steady, balanced market heading into summer. The median sale price landed around $1.36M in the latest reported month, while price per square foot rose about 5% year-over-year to roughly $788, a sign that home values are holding firm even as monthly sale prices bounce with the mix of homes selling. Well-priced homes are going into escrow in about two months and closing right around 2% under asking. For sellers, that means sharp pricing and presentation still carry the day; for buyers, there's a bit more negotiating room than a year ago. Thinking about making a move in Studio City? Let's talk about what your home is worth today, or what your budget can buy.
Swap in your MarketSnap comp figures anytime for the precise single-family numbers.
Caveats and source notes
- Redfin's "median days on market" for sold homes is 62; listing-portal DOM for active inventory runs closer to 54, different denominators, both valid.
- Median sale price varies by window and source (trailing-3-month vs. single-month), which is why $/sq ft is the more reliable trend line here.
- Figures are Redfin neighborhood/zip (91604) aggregates, not your filtered Single-Family / Comp-Only MarketSnap view.
Sources
1. Redfin, Studio City Housing Market (median sale price, $/sq ft, DOM, homes sold, competitiveness), accessed July 9, 2026
2. Redfin, 91604 Housing Market (sale-to-list, % over list), accessed July 9, 2026