Calabasas Real Estate: April 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.

137 Properties are currently on the market

  • 119 single family residences at an average price $2,012,124; average days on market 91; average price per square foot is $451.14
  • 7 condos at an average price of $322,857; average days on market 56;  average price per square foot is $260.79
  • 9 townhomes average price $524,261; average days on market 40; average price per square foot is $280.50
  • 1 Manufactured homes average price $199,000; average days on market 89; average price per square foot is $110.56

37 Properties came on the market in April

  • 29 were single family residences at an average price of $2,174,752; average price per square foot $474.53
  • 2 condos at an average price of $272,500; average price per square foot $232.51
  • 6 were townhomes at an average price of 537,733; average price per square foot $279.92

19 Properties sold in April

  • 18 single family residences sold at an average price of $1,195,278; selling after 114 days on the market; average price per square foot $301.38
  • 4 condos sold at an average price of $284,750; selling after 171 days on the market; average price per square foot  $217.37
  • 1 townhome sell at a price of $365,000; selling after 158 days on the market; price per square foot $211.47

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