Calabasas Real Estate 1/23/11-1/30/11

This is your weekly update on the Calabasas real estate market. Keeping informed of the overall market trends in the area you are looking to purchase, makes you a more informed and powerful consumer. If you are selling, knowing the current pricing trends can help you determine the value of your home.

130 properties are currently on the market:

  • 118 single family residences at an average price of $2,013,816; average days on market is 132; average price per square foot is $467.89
  • 7 condos at an average price of $325,257; average days on market is 78; average price per square foot is $264.00
  • 4 townhomes at an average price of $478,200; average days on market is 49; average price per square foot is $278.51
  • 1 Manufactured at a price of 200,000; days on market is 39; price per square foot is $113.63

12 properties came on the market this week:

  • 10 were single family residences at an average price of $1,777,214; average price per square foot is $419.45
  • 1 condo at a price of $375,000; average price per square foot is $270.76
  • 1 Townhouse priced at 400,000; it’s price per square foot is $250.78

4 properties sold this week:

  • 4 single family residences sold at an average price of $1,178,750; selling after an average of 102 days on the market;  average price per square foot is $257.98

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