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Studio City Home Sales Statistics 1st Quarter 2015

By
Real Estate Agent with Home Smart Evergreen Realty Calbre Lic 01200694

STUDIO CITY CA HOME SALES STATISTICS FOR FIRST QUARTER 2015

 In the First quarter (01/01/2015 to 03/31/2015) 56 homes were sold. The Minimum Listing Price $600,000 and Selling Price was $335,00,000 with 2 bedrooms, 1 baths, 1260 square feet house, 9701 sq ft lot and 168 days on market..

 Maximum Listing Price $2,350,000 and Selling Price $2,275,000 with 5 bedrooms, 6 baths, 4169 sq ft home, 25,126 sq ft lot, and 222 days on market..

 Average Listing Price $1,249,331 and Selling Price $1,231,888 with 3 bedrooms, 2.75 baths, 2234 sq ft home, 8581 sq ft lot and 66 days on market.  7 sales were in the price range of 900K to 1 Million and 8 sales on the $1,300,000K to $1,400,000.

 MORTGAGES AND INTEREST RATE

 

 Conventional Loan 30 year fixed it's at 3.750% there is a 5% down payment for purchases with no Private mortgage Insurance. Fha Loans at 3.675% 30 year fixed with 3.5% down payment

 There is a 100% loan available for low and medium income families with NO Private Mortgage Insurance.  VA Loans are for Veterans, it is a 100% loan, with NO Private Mortgage Insurance.

 WEBSITES

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