This Week's Market Overview
The median list price for Calabasas, CA 91302 is $3,285,000, reflecting the continued prestige of one of Los Angeles County's most sought-after luxury communities. Inventory sits at approximately 104 active properties, offering buyers meaningful options while still favoring well-positioned sellers.
Signature neighborhoods including The Oaks, The Calabasas Country Club, and hillside estates along Mulholland continue to anchor the upper tier of the market.
Market Action Index
Current MAI: 37 (Moderate Seller's Advantage) | Last Month's MAI: 38
The MAI remains comfortably in seller's territory, though the slight month-over-month dip signals that buyers are becoming more selective. Homes offering privacy, gated access, and updated finishes continue to attract the strongest interest.
Market Narrative
The 91302 market enters the spring 2026 cycle from a position of resilience. Median home values hover near $1.9 million, while luxury estates and gated-community properties regularly transact well above that threshold depending on size, views, and condition.
With 28% of listings having undergone price reductions and average days on market approaching 107, buyers now have more room to evaluate and negotiate — particularly on homes that need updating or have been sitting longer. Move-in-ready properties in premier communities, however, continue to generate meaningful demand and move faster, often near or at asking price.
Real-Time Market Profile
- Median List Price: $3,285,000
- Median Price of New Listings: $1,799,000
- Price per Sq Ft: $862
- Average Days on Market: 107
- Median Days on Market: 49
- % Price Decreased: 28%
- % Price Increased: 2%
- 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 | 8,305 | 1–2.5 acres | 6 | 7.5 | 12 | 1 | 1 | 110 |
| $4,272,500 | 5,285 | 0.25–0.5 acre | 5 | 5.5 | 33 | 2 | 3 | 95 |
| $2,697,450 | 3,189 | 0.25–0.5 acre | 4 | 3.5 | 38 | 2 | 3 | 75 |
| $1,547,500 | 2,084 | 8,000–10,000 sqft | 4 | 2 | 47 | 5 | 5 | 38 |
Conclusion
Calabasas 91302 remains one of the most desirable luxury residential markets in the western San Fernando Valley. While buyers benefit from slightly more leverage than during peak years, demand for move-in-ready homes in top gated communities stays strong. Sellers who price strategically and present their homes effectively are still achieving excellent results.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]
