Calabasas Real Estate: March 2011

This is your monthly update on the Calabasas Real Estate Market.  Keeping informed of the overall market trends in the area you are looking to buy makes you a more informed and powerful consumer.  If you are selling or interested in selling, knowing the current pricing trends can help you determine what the value of your home is.

95 Properties are currently on the market

  • 85 single family residences at an average price $2,002,125; average days on market 76; average price per square foot is $437.04
  • 4 condos at an average price of $501,750; average days on market 46;  average price per square foot is $288.03
  • 4 townhomes average price $447,213; average days on market 34; average price per square foot is $257.61
  • 2 Manufactured homes average price $199,500; average days on market 81; average price per square foot is $112.07

46 Properties came on the market in February

  • 39 were single family residences at an average price of $1,731,652; average price per square foot $419.69
  • 4 condos at an average price of $376,250; average price per square foot $288.53
  • 3 were townhomes at an average price of 363,933; average price per square foot $221.43

19 Properties sold in February

  • 16 single family residences sold at an average price of $1,288,813; selling after 115 days on the market; average price per square foot $351.46
  • 2 condos sold at an average price of $307,000; selling after 28 days on the market; average price per square foot  $289.35
  • 1 townhome sell at a price of $449,000; selling after 130 days on the market; price per square foot $340.15

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