Pango Group

Calabasas, CA

Single-Family Homes

www.pangogroup.com



Calabasas, CA

Sun May 26 2024
This week the median list price for Calabasas, CA is $3,500,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 50. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Calabasas, CA

Sun May 26 2024
This week the median list price for Calabasas, CA is $3,500,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 50. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Calabasas market.
Median List Price $3,500,000
Median Price of New Listings $1,675,000
Per Square Foot $787
Average Days on Market 132
Median Days on Market 49
Price Decreased 36%
Price Increased 2%
Relisted 24%
Inventory 50
Median Rent
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$8,447,500 8,835 1 - 2.5 acres 6 7 18 0 1 199
$4,397,000 5,429 0.25 - 0.5 acre 5 5.5 27 1 0 59
$2,500,000 3,162 0.5 - 1 acre 4 3 46 2 4 35
$1,449,000 1,931 0.25 - 0.5 acre 3 3 48 4 2 14