This Week’s Market Overview
The median list price for Calabasas, CA is $2,997,000, with the Market Action Index (MAI) at 30, reflecting a slight seller’s advantage. Inventory has decreased to 112 homes, indicating slightly tighter conditions compared to last month.
Market Action Index
The Market Action Index gauges the balance between supply and demand:
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Current MAI: 30 (Slight Seller’s Advantage)
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Last Month’s MAI: 29
Although prices have remained mostly flat, the increase in the MAI suggests demand is gradually outpacing supply. If this trend continues, we may see prices begin to rise again.
Market Narrative
Calabasas’ housing market has plateaued in recent weeks. While the MAI shows some strengthening, median prices have not moved significantly. Should sales continue to outpace inventory, expect upward pressure on pricing to resume in tandem with the MAI.
Real-Time Market Profile
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Median List Price: $2,997,000
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Median Price of New Listings: $4,949,000
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Price per Square Foot: $803
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Average Days on Market: 151
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Median Days on Market: 98
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Price Decreased: 34% of listings
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Price Increased: 1% of listings
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Relisted Properties: 21%
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Inventory: 112 properties
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Median Rent: $8,500/month
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Market Action: 30 (Slight Seller’s Advantage)
Market Segments
Calabasas listings break down into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $8,025,000 | 7,850 | 1 - 2.5 acres | 6 | 6.8 | 20 | 0 | 1 | 154 |
| $3,875,000 | 4,689 | 0.5 - 1 acre | 5 | 5 | 33 | 1 | 4 | 70 |
| $2,407,500 | 3,253 | 0.25 - 0.5 acre | 4 | 3.5 | 38 | 0 | 1 | 63 |
| $1,496,500 | 2,231 | 8,000 - 10,000 sqft | 4 | 3 | 52 | 0 | 4 | 80 |
Conclusion
Calabasas currently favors sellers, but only slightly. With inventory decreasing and the MAI rising, conditions could shift toward a more competitive seller’s market. Buyers may want to act before prices resume an upward trajectory.
Contact Information
For expert guidance and exclusive real estate opportunities in Calabasas, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
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