Is Calabasas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Calabasas has remained a Seller's Market.
Housing Prices in Calabasas, CA
How much do homes in Calabasas, CA cost?
Median Sold Price
$1,767,500
$650/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Calabasas was $1,767,500 in June 2024, up 14% from last year, and the median price per square foot was $650.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $514.9K | $517.5K | 0.5% |
2 Bedrooms | $715K | $659.5K | -7.8% |
3 Bedrooms | $1.1M | $1.2M | +8.8% |
4 Bedrooms | $1.6M | $1.7M | +7.3% |
5+ Bedrooms | $3.0M | $3.3M | +10.3% |
Summary: Calabasas housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
Calabasas | $1.5M | $1.7M | +14.0% |
Agoura Hills-Malibu | $1.4M | $1.6M | +12.6% |
San Fernando Valley | $889.4K | $952.2K | +7.1% |
Los Angeles | $957.5K | $1.0M | +4.7% |
Housing Supply in Calabasas, CA
How many homes are available in Calabasas, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
94 | 113 | +20.2% |
Summary: The Calabasas real estate market had 113 homes for sale in June 2024, a 20.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 19 | 25 | +31.6% |
5+ Bedrooms | 43 | 52 | +20.9% |
Summary: The Calabasas housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 20.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
18 | 21 | +16.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Calabasas in June 2024, up by 16.7% month-over-month. Of the 21 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for Calabasas, CA
How long does it take to sell a home in Calabasas, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
31 Days | 34 Days | +11.4% |
Summary: Homes in Calabasas had an average of 34 days on market in Jun 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 21 homes were sold in Calabasas; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.