This Week's Market Overview
The median list price for Calabasas, CA 91302 is $3,285,000, reflecting continued demand for luxury homes in one of Los Angeles County’s most sought-after suburban enclaves. Inventory currently sits at approximately 104 active homes, sustaining a slight seller’s advantage in this high-end market.
Market Action Index
Current MAI: 30 (Slight Seller’s Advantage) | Last Month’s MAI: 30
The MAI remaining steady month-over-month suggests balanced but favorable conditions for sellers. Buyer demand remains strongest for turnkey homes in gated communities and updated properties with modern finishes.
Market Narrative
The 91302 market continues to perform steadily as spring inventory gradually enters the market. Median sale prices have remained elevated, with buyers maintaining strong interest in luxury properties throughout Calabasas and Hidden Hills-adjacent neighborhoods.
Homes within gated communities such as The Oaks, Hidden Hills-adjacent enclaves, and properties offering privacy, views, or estate-sized lots continue to command premium attention. Properties requiring renovation or priced aggressively above neighborhood comps are seeing increased time on market and more negotiation.
Real-Time Market Profile
Median List Price: $3,285,000
Median Price of New Listings: $2,650,000
Price per Sq Ft: $785
Average Days on Market: 72
Median Days on Market: 57
% Price Decreased: 26%
% Price Increased: 3%
Relisted Properties: 14%
Inventory: 104 properties
Median Rent: $7,635/month
Market Segments
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $6,000,000+ | 6,000+ | 0.5–2 acre | 6–8 | 6–9 | 5–20 yrs | 4 | 2 | 90 |
| $3,500,000–$6,000,000 | 4,000–6,000 | 10,000–20,000 sqft | 5–6 | 5–6 | 10–30 yrs | 7 | 5 | 75 |
| $2,000,000–$3,500,000 | 3,000–4,500 | 8,000–12,000 sqft | 4–5 | 3–5 | 20–40 yrs | 10 | 8 | 60 |
| Under $2,000,000 | 2,000–3,000 | 5,000–8,000 sqft | 3–4 | 2–3 | 25–50 yrs | 6 | 5 | 45 |
Conclusion
Calabasas 91302 remains one of the most prestigious and resilient luxury submarkets in the greater Valley area. Buyers continue to show strong demand for turnkey and premium-located homes, while sellers who price strategically are still achieving favorable results.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]
