This Week’s Market Overview
The median list price for Studio City, CA 91604 is $2,395,000, demonstrating continued strength in this highly desirable San Fernando Valley community. Inventory currently stands at approximately 195 active homes, keeping conditions mildly in favor of sellers while providing buyers with reasonable selection amid seasonal patterns.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 37 (Slight Seller’s Advantage)
- Last Month’s MAI: 38
The slight easing in MAI reflects typical winter moderation rather than any major shift in interest. Updated, move-in-ready homes in prime pockets continue to stand out and attract consistent attention.
Market Narrative
The 91604 market holds resilient as we progress through early 2026. Median sale prices are stable near $1.95 million, up modestly around 3 percent year-over-year in select categories. Buyers are approaching purchases more thoughtfully, with homes averaging between 70 and 85 days on market. Properties south of Ventura Boulevard and in areas like Fryman Canyon keep drawing strong interest, especially when fully renovated and competitively positioned, while homes needing work see extended timelines and more room for negotiation.
Real-Time Market Profile
- Median List Price: $2,395,000
- Median Price of New Listings: $2,250,000
- Price per Square Foot: $895
- Average Days on Market: 78
- Median Days on Market: 62
- Price Decreased: 30% of listings
- Price Increased: 3% of listings
- Relisted Properties: 13%
- Inventory: 195 properties
- Median Rent: $5,500 / month
Market Segments
Studio City 91604 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,500,000 | 5,300 | 12,000 – 20,000 sqft | 5–6 | 6 | 5–15 yrs | 2 | 1 | 80 |
| $2,800,000 | 3,900 | 8,000 – 12,000 sqft | 4 | 4 | 15–25 yrs | 2 | 1 | 68 |
| $1,750,000 | 2,700 | 6,000 – 8,000 sqft | 3 | 3 | 25–40 yrs | 2 | 1 | 60 |
| $1,025,000 | 1,400 | Condo / Townhome | 2–3 | 2–3 | 30–45 yrs | 1 | 0 | 52 |
Conclusion
Studio City 91604 continues to shine as one of the Valley’s most stable and competitive submarkets. With buyers having a touch more time and options than in peak seasons, pricing remains well-supported for homes that are updated and in key locations. Sellers who prepare strategically and meet current expectations are still seeing favorable outcomes, especially in premium neighborhoods like Colfax Meadows, Silver Triangle, and Wrightwood Estates, while buyers enjoy improved flexibility across segments.
Contact Information
For expert insights and exclusive property opportunities in Studio City 91604, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
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