Calabasas Housing Market Recap
Below is the current home activity for sale in Calabasas for single family residences in the past 30 days.
There are currently 142 active Calabasas homes for sale in a huge price range from $382,900-$7,999,000 in which 12 of these are Short Sales.
There are also 9 homes listed as Short Sales, but they are in backup offers ranging from $525,000-$1,499,000. In the case of a backup offer, this usually means that the seller is allowing backup offers to be submitted on the property, while the lien holder(s) is pending approval. There are also 16 homes in backup offer status that are standard sales.
Additionally, there are 31 homes in pending status and scheduled to close in escrow. These range from $450,000-$3,200,000 at their list prices.
In the past 30 days, there were 24 homes in Calabasas that sold. These homes ranged from $504,670-$2,849,000 and had an average sale price of $310 per square foot. The homes averaged 95 days on the market and 96% of their sale price over their list price.
I will continue to keep you connected with the real estate market in this community. Stay tuned or subscribe for future blog posts.
Side note: Calabasas is located in the hills in the southwestern San Fernando Valley and the Santa Monica Mountains between Woodland Hills, Agoura Hills, West Hills, and Malibu. The city is known for its natural beauty, low density, and renowned school district. The historic El Camino Real runs east-west through Calabasas as U.S. Route 101.
Calabasas residents are zoned to schools in the Las Virgenes Unified School District, one of the highest ranked districts in the state. The district also serves the nearby cities of Agoura Hills, Bell Canyon, and Hidden Hills.
Would you consider living in Calabasas?
If I can be of any assistance to you in buying or selling your home, please contact me.
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