$10,000 Closing Credit*
$1,599,900
1,834 SqFt
3 Beds
•3 Full Baths
Shanti Hoffman, Listing Office: Pinnacle Estate Properties - N
Is Calabasas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Calabasas was a Seller's Market.
Key Takeaway
Calabasas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Calabasas, CA
How much do homes in Calabasas, CA cost?
Median Sold Price
$1,775,000
$658/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$202,000(+12.8%)
Key Takeaway
Homes in Calabasas have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Calabasas was $1,775,000 in October 2024, up 12.8% from last year, and the median price per square foot was $658.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $510K | $535K | +4.9% |
| 2 Bedrooms | $657.5K | $670K | +1.9% |
| 3 Bedrooms | $1.1M | $1.2M | +13.4% |
| 4 Bedrooms | $1.7M | $1.7M | +1.6% |
| 5+ Bedrooms | $3.2M | $3.4M | +6.1% |
Summary: Calabasas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Calabasas | $1.5M | $1.7M | +12.8% |
| San Fernando Valley | $900.5K | $968.3K | +7.5% |
| Agoura Hills-Malibu | $1.4M | $1.5M | +6.4% |
| Los Angeles | $969.8K | $1.0M | +5.5% |
Housing Supply in Calabasas, CA
How many homes are available in Calabasas, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 110 | 132 | +20.0% |
Summary: The Calabasas real estate market had 132 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 25 | 28 | +12.0% |
| 4 Bedrooms | 27 | 34 | +25.9% |
| 5+ Bedrooms | 41 | 55 | +34.1% |
Summary: The Calabasas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 34.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Calabasas, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Calabasas in October 2024, down by 6.3% month-over-month. Of the 15 sold homes, 67% were sold under asking, 7% were sold at asking, and 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 36 Days | -20.4% |
Summary: Homes in Calabasas had an average of 36 days on market in Oct 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Calabasas are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Calabasas; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.