Condo & Townhome Market · Updated Weekly

A Market Report on
Studio City Condos.

A weekly read on the 91604 condo & townhome market — pricing, days on market, inventory, and where the leverage sits right now. Prepared for owners weighing a sale.

ZIP 91604 Condos & Townhomes Updated Jun 3, 2026 AMRE Real Estate Group · Compass

Real-Time Market Profile

The 91604 condo market, at a glance.

Live market-wide figures for Studio City condos and townhomes. Not specific to any single property.

$825,000
Median List Price
New listings at $807,000
$603
Median Price / Sq. Ft.
▼ easing as larger units list
61
Avg. Days on Market
Median 35 days
25
Active Listings
▲ inventory climbing
$2,820
Median Rent
Monthly, condos & townhomes
44%
Listings w/ Price Cut
0% increased · 12% relisted
37
Market Action Index
Slight seller's advantage
$807K
Median New Listing
Just below overall median
Buyer's Seller's Last mo · 41
37
Slight Seller's Advantage

The market is still tilted to sellers — but cooling.

The Market Action Index measures the rate of sales against available inventory. At 37, Studio City condos remain in slight-seller's-advantage territory — but the index has slipped from 41 a month ago, and it has been trending lower for several weeks.

Prices have held relatively flat over that stretch. The signal to watch is supply: if inventory keeps climbing faster than demand, that balance can shift and put downward pressure on pricing. Translation for owners — presentation and pricing discipline matter more now than they did at the start of spring.

Momentum ↓ 41 → 37 month over month

Market Segments

Four price tiers, four different stories.

Each tier represents roughly a quarter of the active market, ordered by price. The highlighted row is our recent sale at 11023 Fruitland #401 — $1,137,500, closed June 11 — shown for reference.

Median Price
Size
Beds / Bath
Median Age
Days on Market
$1,149,000
1,973 SF
3 / 3
11 days new
56 DOM
$862,500
1,457 SF
2 / 2.5
49 days new
24 DOM
$742,500
1,292 SF
2 / 2.5
43 days new
42 DOM
$644,250
1,059 SF
2 / 2
45 days new
70 DOM
$1,137,500AMRE · Sold
1,705 SF
3 / 2.5
Closed Jun 11
60 DOM

What The Trends Say

Reading between the numbers.

Prices have plateaued

The median list price is holding around $825K, with only a slight dip this week. Expect a sustained move in the Market Action Index before prices break meaningfully from these levels.

Takeaway · Don't over-reach on price — the market is rewarding realism.

Price per foot is softening

While headline prices are flat, price per square foot is drifting down as larger units come to market — buyers are getting more home for the money right now.

Takeaway · Smaller, well-finished units can stand out on value.

Inventory is rising

Active supply has climbed to 25. Rising inventory alone doesn't signal weakness — but paired with a cooling index, it means more competition for buyer attention.

Takeaway · Presentation and marketing reach decide who wins the buyer.

Patience is normal here

Listings average 61 days on market, with half newer than ~35 days. A disciplined hold isn't a red flag in this zip — it's the cadence of the market.

Takeaway · See how a disciplined 60-day hold delivered $1,137,500 at 11023 Fruitland #401.

FAQ

Studio City condo market questions.

How much are condos in Studio City (91604)?

As of June 2026, the median list price for Studio City condos and townhomes is about $825,000 — roughly $603 per square foot. The market spans four tiers, from around $644,000 (≈1,059 sq ft) up to about $1.15 million (≈1,973 sq ft).

Is it a buyer’s or seller’s market for Studio City condos right now?

It’s tilted slightly toward sellers. The Market Action Index sits at 37 (a slight seller’s advantage), though it has cooled from 41 the prior month — so presentation and pricing discipline matter more than they did earlier in the spring.

How long does it take to sell a condo in Studio City?

Condos in 91604 average about 61 days on market, with half of active listings newer than roughly 35 days. A patient, disciplined hold is normal for condos here, not a warning sign.

What’s the price per square foot for Studio City condos?

The median is about $603 per square foot as of June 2026. Price per square foot has been easing somewhat as larger units come to market, even as headline prices hold steady.

Are Studio City condo prices going up or down in 2026?

Prices have largely plateaued — the median list price is holding around $825,000 — while price per square foot drifts slightly down and active inventory rises (currently 25 listings). Watch the Market Action Index and days on market for the next directional move.

How do HOA dues affect selling a condo?

Monthly dues, reserves, owner-occupancy, and litigation status determine who can actually finance a purchase. Getting ahead of lender and warrantability questions early keeps a clean condo questionnaire from stalling the deal. See a recent Studio City condo sale.

Want this report for your unit?

We'll build a personalized read for your building and floor — recent in-building sales, HOA positioning, and the price the market will actually defend. No obligation.

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Prefer to talk? Call (323) 719-8585 or email [email protected].
Market data source: Chartwell Escrow weekly report, Jun 3, 2026 · Studio City, CA 91604 condos & townhomes.

AMRE Real Estate Group is a team of real estate agents affiliated with Compass. Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

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