Pango Group

Calabasas, CA

Single-Family Homes

www.pangogroup.com



Calabasas, CA

Sat Apr 13 2024
This week the median list price for Calabasas, CA is $3,999,500 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 46. Click here to stay informed with the Calabasas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Calabasas, CA

Sat Apr 13 2024
This week the median list price for Calabasas, CA is $3,999,500 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 46. Click here to stay informed with the Calabasas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Calabasas market.
Median List Price $3,999,500
Median Price of New Listings $1,800,000
Per Square Foot $836
Average Days on Market 169
Median Days on Market 116
Price Decreased 39%
Price Increased 0%
Relisted 9%
Inventory 46
Median Rent
Market Action 36
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$8,600,000 8,562 1 - 2.5 acres 6 7.5 18 0 0 301
$5,400,000 6,745 0.5 - 1 acre 5 6 33 0 1 119
$3,275,000 4,886 0.25 - 0.5 acre 5 4.8 32 0 0 133
$1,942,500 2,665 0.25 - 0.5 acre 4 3 47 2 4 35