Is Calabasas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,645,000
$642/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Calabasas was $1,645,000 in March 2024, up 9.3% from last year, and the median price per square foot was $642.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $517.4K | $515K | -0.5% |
2 Bedrooms | $685K | $659.5K | -3.7% |
3 Bedrooms | $1.1M | $1.2M | +14.6% |
4 Bedrooms | $1.6M | $1.8M | +8.8% |
5+ Bedrooms | $2.6M | $3.3M | +26.6% |
Summary: Calabasas housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 26.6%.
Median Sold Price Compared To Nearby Cities
Calabasas | $1.5M | $1.6M | +9.3% |
Agoura Hills-Malibu | $1.5M | $1.5M | +4.3% |
San Fernando Valley | $910.8K | $928.8K | +2.0% |
Los Angeles | $988.7K | $975.9K | -1.3% |
Housing Supply in Calabasas, CA
How many homes are available in Calabasas, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 99 | +10.0% |
Summary: The Calabasas real estate market had 99 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 43 | 47 | +9.3% |
Summary: The Calabasas housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 9.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 28 | +86.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Calabasas in March 2024, up by 86.7% month-over-month. Of the 28 sold homes, 57% were sold under asking, 11% were sold at asking, and 32% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 46 Days | +19.3% |
Summary: Homes in Calabasas had an average of 46 days on market in Mar 2024, up by 19.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in Calabasas; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.