Calabasas Real Estate: March 2013

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.
58 Properties are currently on the market
• 56 single family residences at an average price $2,493,615; average days on market 63; average price per square foot is $507.55.04
• 1 condo a price of $370,OOO; days on market 10; price per square foot is $385.41
• 1 townhouse at a price of $649,000; days on market 33; average price per square foot is $372.56
20 Properties came on the market in March
• 18 were single family residences at an average price of $2,336,444; average price per square foot $471.91
• 1 condo at an price of $370,000; price per square foot $385.42
• 1 townhouse at an price of 649,000; average price per square foot $372.56
24 Properties sold in March
• 20 single family residences sold at an average price of $1,152,220; selling after 75 days on the market; average price per square foot $312.51
• 4 condos sold at an average price of $318,250; selling after 94 days on the market; average price per square foot  $274.12
Check back in next month to get the latest update

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