Calabasas, CA Real Estate Market Update

Calabasas, CA Real Estate Market Update

This Week’s Market Overview

The median list price for Calabasas, CA is $2,999,000, with the Market Action Index (MAI) at 30, reflecting a slight seller’s advantage. Inventory has remained steady at 113 homes. As demand softens, it’s important to monitor how this impacts pricing and market dynamics.


Market Action Index

The Market Action Index (MAI) tracks the balance between supply and demand:

  • Current MAI: 30 (Slight Seller’s Advantage)

  • Last Month’s MAI: 31

The MAI has edged lower recently, signaling weakening demand relative to supply. If the trend continues, sellers may face increased pressure to adjust pricing.


Market Narrative

The Calabasas market has shown signs of slowing. Price levels and inventory remain largely unchanged week to week, but the downward trend in the MAI may be a precursor to a shift in pricing power. While the market is still in the seller’s zone, momentum is fading.

Buyers may begin to find more opportunities, especially if inventory continues to climb or sits longer on the market.


Real-Time Market Profile

  • Median List Price: $2,999,000

  • Median Price of New Listings: $1,799,000

  • Price per Square Foot: $843

  • Average Days on Market: 119

  • Median Days on Market: 63

  • Price Decreased: 27% of listings

  • Price Increased: 1% of listings

  • Relisted Properties: 16%

  • Inventory: 113 properties

  • Median Rent: $8,550/month


Market Segments

Calabasas homes fall into four market segments based on pricing, each representing about 25% of active listings:

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$7,997,000 8,150 1 - 2.5 acres 6 7.5 21 0 0 91
$3,924,500 4,911 0.5 - 1 acre 5 5.3 30 3 4 42
$2,299,999 2,950 0.25 - 0.5 acre 4 3.5 45 1 5 63
$1,522,500 2,067 8,000 - 10,000 sqft 4 2.6 54 5 3 38

Conclusion

The Calabasas market still slightly favors sellers, but momentum has slowed. Fewer listings are raising prices and inventory continues to build gradually. If buyer activity doesn’t rebound soon, expect pricing to respond accordingly.


Contact Information

For expert guidance and exclusive listings in Calabasas, contact:

📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]

Stay ahead of Calabasas market trends with weekly updates from your trusted real estate team.

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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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