This Week’s Market Overview
The median list price for Calabasas, CA 91302 is approximately $3,285,000, reflecting the continued strength of one of Los Angeles County’s premier luxury submarkets. Inventory currently sits near 100–125 active listings, creating balanced but still favorable conditions for well-presented homes.
High-end gated communities such as The Oaks, Hidden Hills-adjacent neighborhoods, and hillside estates continue to anchor pricing in the upper tiers of the market.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
Current MAI: 37 (Moderate Seller’s Advantage)
Last Month’s MAI: 38
Buyer activity remains healthy, though slightly more selective than earlier periods. Homes with strong presentation, privacy, and newer construction are still commanding faster sales than the broader market.
Market Narrative
The 91302 market remains resilient entering the spring cycle of 2026. Median home values hover around $1.9 million, though luxury estates regularly push transaction prices far higher depending on location and lot size.
The broader Calabasas market currently shows a median listing price near $2.3 million, with roughly 140 homes available and price-per-square-foot figures averaging about $750.
Homes are typically spending 70–100 days on market, reflecting a measured pace as buyers compare options and negotiate more carefully. Properties that are move-in ready or located within top gated communities still generate strong interest, while homes needing updates often see longer timelines and occasional price adjustments.
Real-Time Market Profile
Median List Price: $3,285,000
Median Price of New Listings: $1,799,000
Price per Square Foot: $862
Average Days on Market: 107
Median Days on Market: 49
Price Decreased: 28% of listings
Price Increased: 0–2% of listings
Relisted Properties: 10%
Inventory: ≈104 properties
Median Rent: ≈$8,400 / month
Market Segments
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $9,250,000 | 8,000+ | Estate lots / gated communities | 6–8 | 7–10 | 5–15 yrs | 1 | 1 | 110 |
| $4,250,000 | 5,000–6,500 | 15,000–25,000 sqft | 5–6 | 5–6 | 10–25 yrs | 1 | 1 | 95 |
| $2,350,000 | 3,200–4,500 | 8,000–12,000 sqft | 4–5 | 4–5 | 20–35 yrs | 1 | 1 | 75 |
| $1,150,000 | 1,600–2,200 | Condo / Townhome | 2–3 | 2–3 | 25–40 yrs | 0 | 0 | 60 |
Conclusion
Calabasas 91302 continues to perform as one of the most desirable luxury residential markets in the western San Fernando Valley. While buyers now have slightly more negotiating leverage than during peak years, demand remains strong for homes offering privacy, gated security, and updated interiors. Sellers who price strategically and prepare homes properly are still achieving excellent results.
