Is Calabasas, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calabasas is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Calabasas has remained a Seller's Market.

Key Takeaway

Calabasas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Calabasas, CA cost?

Median Sold Price

$1,500,000

$641/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$79,833(+5.6%)

Key Takeaway

Homes in Calabasas have sold for 5.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $440K$514.9K
+17.0%
2 $615K$680K
+10.6%
3 $982.5K$1.1M
+22.0%
4 $1.5M$1.6M
+9.8%
5+ $2.3M$2.6M
+11.1%

Median Sold Price Compared To Nearby Cities

Los Angeles
+9.5%
San Fernando Valley
+8.3%
Agoura Hills-Malibu
+6.3%
Calabasas
+5.6%

How many homes are available in Calabasas, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
7277+6.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 23
+50.0%
2 55
0.0%
3 2223
+4.5%
4 2121
0.0%
5+ 2225
+13.6%

Number of Homes Sold

Oct 2022Nov 2022%
1417+21.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calabasas, you may be able to get a good deal. 88.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days45 Days+159.4%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Calabasas are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Calabasas, CA

Homes for sale in Calabasas, CA have reached 77. Between October 2022 and November 2022, Calabasas, CA real estate market has seen increase in the number of listings by 6.9%. The median list price of listings available in November 2022 was $1,500,000, while the average time on the real estate market was 45 days. Real estate listing prices changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 17%, 2 bedrooms properties prices increased by 10.6%, 3 bedrooms properties prices increased by 22%, the cost of 4 bedrooms properties went up by 9.8%, 5 bedrooms properties prices increased by 11.1%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 50%, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 4.5%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes became 13.6% more available. In November 2022, from all listings sold in Calabasas, CA there were more than 1 sold above asking price, over 15 sold below and more than 1 were sold right at the asked price.

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