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.
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