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.
137 properties are currently on the market:
· 120 single family residences at an average price of $2,030,290; average days on market is 116; average price per square foot is $475.48
· 10 condos at an average price of $356,570; average days on market is 32; average price per square foot is $270.95
· 5 townhomes at an average price of $464,960; average days on market is 45; average price per square foot is $276.76
· 2 Manufactured homes at an average price of $199,500; average days on market is 26; average price per square foot is $112.07
18 properties came on the market this week:
· 14 were single family residences at an average price of $1,730,418; average price per square foot is $450.51
· 2 condos at an average price of $439,500; average price per square foot is $266.67
· 1 Townhouse at a price of 412,000; price per square foot is $268.58
· 1 Manufactured home at a price of $199,000; price per square foot is $110.55
4 properties sold this week:
· 5 single family residences sold at an average price of $1,021,000; selling after an average of 112 days on the market; average price per square foot is $296.88
Check back next week to get the latest update on the Calabasas real estate market.