Studio City Monthly And Year To Date Real Estate Sales


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Studio City Monthly Activity Report: 10-2008

Property Type: Residential

 

New

Avg LP

Under Contract

Avg LP

Sold

Avg SP

%SP/LP

%SP/OLP

Avg DOM

57

$1,044,623

19

$726,989

28

$921,946

95.64%

92.14%

68

 

 

Studio City YTD Activity Report: 1/1/2008 through 10/31/2008

Property Type: Residential

 

New

Avg LP

Under Contract

Avg LP

Sold

Avg SP

%SP/LP

%SP/OLP

Avg DOM

700

$1,008,071

32

$743,771

279

$891,429

95.82%

87.41%

76

Average days on market are down 22% from September and average sold price is up 19%!!!  Overall this is suggesting that we’ve tested the bottom and may have found it.  About the same number of properties sold suggesting that we had more activity in the higher price points.

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