Foreclosures & Short Sales in Calabasas: February 2011

This is your monthly update on the foreclosures and short sales in Calabasas.  Keeping informed of the overall market trends in the area you are looking to buy makes you a more informed and powerful consumer.  Foreclosures & short sales represent 10% of the active listings in Calabasas.

1 Foreclosure is currently on the market

  • 1 single family residence at a price $730,000; days on market 210; price per square foot $266.52

13 Short Sales are currently on the market

  • 12 single family residences at an average price $757,971; average days on market 78; average price per square foot $317.67
  • 1 condo at a price of $315,000; days on market 63; average price per square foot $195.17

0 Foreclosures came on the market in February

3 Short Sales came on the market in February

  • 3 were single family residences at an average price of $680,550; average price per square foot $324.07

1 Foreclosure sold in February

  • 1 single family residence sold at a price of $1,903,000; selling after 111 days on the market; price per square foot 371.17

1 Short Sale sold in February

  • 1 single family residences sold at a price of $825,000; selling after 9 days on the market; price per square foot $246.42

Check back in next month to get the latest update on the Calabasas real estate market.