Calabasas (91302) Real Estate Market Update – 9/5/26

Calabasas (91302) Real Estate Market Update – 9/5/26

This Week's Market Overview

Calabasas 91302 is showing a slight buyer's advantage, with a current median list price of $2,899,000, 93 active listings, and a Market Action Index of 29. Inventory is holding roughly steady, while the index has edged down from 30 last month, reinforcing a more deliberate market for high-end buyers.

Market Action Index

Market Action Index: 29
Market Position: Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while pricing has remained relatively stable. Buyers have room to compare options and negotiate selectively; sellers need a clear value case, especially when a home competes with other luxury inventory.

Market Narrative

Calabasas remains a premier luxury market, but current conditions reward presentation, pricing discipline, and a compelling lifestyle offering. Turnkey homes in gated settings and properties that deliver privacy, views, usable outdoor space, and updated interiors continue to attract the strongest attention.

Real-Time Market Profile

Median List Price

$2,899,000

Median Price of New Listings

$3,500,000

Price per Sq Ft

$782

Average Days on Market

158 days

Median Days on Market

84 days

% Price Decreased

35%

% Price Increased

0%

Relisted Properties

18%

Inventory

93 homes

Median Rent

Not reported in this week's source

Market Action Index

29

Market Position

Slight Buyer's Advantage

Market Segments

Premier estates | $5,945,000 median price
No new listings and one absorbed property, with 175 days on market. At this level, buyers are highly selective and focus on privacy, scale, condition, and the rarity of the overall offering.

Upper luxury | $3,450,000 median price
One new listing and one absorbed property, with 77 days on market. Well-executed homes that combine location, updated design, and outdoor living are best positioned to convert interest.

Luxury core | $2,350,000 median price
No new listings and one absorbed property, with 70 days on market. This segment remains active, but buyers are comparing presentation and value closely.

Under $1.5M | $1,500,000 median price
No new listings and one absorbed property, with 70 days on market. Buyers in the entry luxury tier continue to prioritize livability, outdoor usability, and a manageable path to future improvements.

Lifestyle Demand

Privacy, gated-community access, hillside and canyon views, usable lots, and turnkey outdoor entertaining remain core demand drivers in Calabasas 91302. Homes that combine those qualities with updated interiors and a clear lifestyle story stand out within the current selection.

Conclusion

Calabasas 91302 is offering buyers more negotiating leverage than a year ago, while still commanding premium pricing for distinctive homes. Sellers can achieve strong results when a property is prepared thoughtfully, positioned against current competition, and priced with discipline.

Contact Information

Andrew Spitz
(818) 370-6121 | [email protected]

Fran Chavez
(818) 517-1411 | [email protected]

Work With Us

Annually, Andrew and Fran are named one of America’s Best Real Estate Professional Teams by RealTrends as advertised in The Wall Street Journal ranking them in the top 1% of more than 1.6 million licensed Real Estate Agents. Locally, they are proud to be ranked among the Top 100 Real Estate Agents in LA County by the Los Angeles Business Journal, and honored to be named “Real Estate All Stars” by Los Angeles Magazine.

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