Studio Village, the half square mile area was home to the first set of condos in Culver City – the Studio Village townhouses which were built in 1965. The townhouses were located across from the local drive in movie theater. The median sales price for homes in Studio Village, Culver City for Nov 11 to Jan 12 was $700,000 based on 5 sales. Compared to the same period one year ago, the median sales price increased 14.8%, or $90,000, and the number of sales increased 25%. Average price per square foot for Studio Village was $404, a decrease of 21.9% compared to the same period last year. There are currently 2 resale and new homes in Culver City on Trulia, including 5 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Studio Village was $788,333 for the week ending Feb 08, which represents an increase of 0.1%, or $1,119, compared to the prior week.