Is Calabasas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$1,720,000
$643/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Calabasas was $1,720,000 in April 2024, up 15.8% from last year, and the median price per square foot was $643.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $514.9K | $517.5K | 0.5% |
2 Bedrooms | $700K | $660K | -5.7% |
3 Bedrooms | $1.0M | $1.2M | +27.0% |
4 Bedrooms | $1.6M | $1.8M | +13.9% |
5+ Bedrooms | $3.0M | $3.3M | +12.2% |
Summary: Calabasas housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
Calabasas | $1.4M | $1.7M | +15.8% |
San Fernando Valley | $901.1K | $938.9K | +4.2% |
Agoura Hills-Malibu | $1.4M | $1.5M | +3.5% |
Los Angeles | $978.8K | $986.4K | +0.8% |
Housing Supply in Calabasas, CA
How many homes are available in Calabasas, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 97 | +9.0% |
Summary: The Calabasas real estate market had 97 homes for sale in April 2024, a 9.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 42 | 47 | +11.9% |
Summary: The Calabasas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 11.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 19 | -34.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Calabasas in April 2024, down by 34.5% month-over-month. Of the 19 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 28 Days | -14.0% |
Summary: Homes in Calabasas had an average of 28 days on market in Apr 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Calabasas; 79% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.