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.
141 properties are currently on the market:
· 124 single family residences at an average price of $2,041,239; average days on market is 113; average price per square foot is $469.68
· 10 condos at an average price of $363,180; average days on market is 42; average price per square foot is $263.93
· 5 townhomes at an average price of $451,770; average days on market is 48; average price per square foot is $262.05
· 2 Manufactured homes at an average price of 199,500; average days on market is 33; average price per square foot is $112.08
15 properties came on the market this week:
· 14 were single family residences at an average price of $1,627,904; average price per square foot is $372.09
· 1 Townhouse priced at 679,950; it’s price per square foot is $313.05
3 properties sold this week:
· 3 single family residences sold at an average price of $1,727,583; selling after an average of 193 days on the market; average price per square foot is $349.29
Check back next week to get the latest update on the Calabasas real estate market.