Foreclosures & Short Sales in Calabasas: March 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 16% of the active listings in Calabasas.

1 Foreclosure is currently on the market

  • 1 single family residence at a price 599,950; days on market 4; price per square foot $242.30

14 Short Sales are currently on the market

  • 9 single family residences at an average price $804,178; average days on market 45; average price per square foot $305.54
  • 4 condos at an average price of $257,000; average days on market 78; average price per square foot $235.78
  • 1 townhome at a price of 379,900; days on market 14; price per square foot  $220.10

0 Foreclosures came on the market in February

6 Short Sales came on the market in February

  • 4 were single family residences at an average price of $836,988; average price per square foot $278.81
  • 1 condo at a price of $249,000; price per square foot $321.70
  • 1 townhome at a price of $379,900; price per square foot $220.10

1 Foreclosure sold in February

  • 1 single family residence sold at a price of $838,000; selling after 249 days on the market; price per square foot 225.15

5 Short Sale sold in February

  • 5 single family residences sold at a price of $793,600; selling after 117 days on the market; price per square foot $268.02

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