$10,000 Closing Credit*
$1,699,000
2,404 SqFt
4 Beds
•3 Full Baths
Marc Tahler, Listing Office: Rodeo Realty
Is Calabasas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Calabasas has remained a Neutral Market.
Key Takeaway
Calabasas is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Calabasas, CA
How much do homes in Calabasas, CA cost?
Median Sold Price
$1,775,000
$663/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$190,000(+12.0%)
Key Takeaway
Homes in Calabasas have sold for 12% more than they did a year ago.
Summary: The median home sold price in Calabasas was $1,775,000 in November 2024, up 12% from last year, and the median price per square foot was $663.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $515K | $538.5K | +4.6% |
| 2 Bedrooms | $655K | $670K | +2.3% |
| 3 Bedrooms | $1.1M | $1.2M | +7.6% |
| 4 Bedrooms | $1.7M | $1.7M | +4.4% |
| 5+ Bedrooms | $3.2M | $3.4M | +6.9% |
Summary: Calabasas housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
| Calabasas | $1.5M | $1.7M | +12.0% |
| San Fernando Valley | $907.9K | $965.2K | +6.3% |
| Agoura Hills-Malibu | $1.4M | $1.5M | +5.5% |
| Los Angeles | $970.9K | $1.0M | +5.2% |
Housing Supply in Calabasas, CA
How many homes are available in Calabasas, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 | 106 | -4.5% |
Summary: The Calabasas real estate market had 106 homes for sale in November 2024, a 4.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 30 | 26 | -13.3% |
| 5+ Bedrooms | 44 | 43 | -2.3% |
Summary: The Calabasas housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 2.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Calabasas, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Calabasas in November 2024, up by 6.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 24% were sold at asking, and 12% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 35 Days | -14.1% |
Summary: Homes in Calabasas had an average of 35 days on market in Nov 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Calabasas are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Calabasas; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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.