CALABASAS Housing Market

🏡 Calabasas Market Update – March 2025

CALABASAS, CA

“We only have two kinds of weather in California, magnificent and unusual.”

– James M Cain

Real Estate Trends, Buyer Behavior, & What It Means for You

If you're considering buying or selling in Calabasas, March 2025 data shows a market that’s shifting—but still strong. With rising home values and faster turnaround times, Calabasas remains one of Southern California’s most desirable areas for real estate.

📊 March 2025 Market Overview

  • Median Sale Price: $1.4M Up 4.5% from March 2024

  • Median Price Per Sq Ft: $588

  • Down 7.2% YoY

  • Average Days on Market: 38

  • Faster than last year’s 59 days

  • Total Homes Sold: 13

  • Down from 20 sales in March 2024

While the number of transactions has decreased slightly, home values continue to rise—a sign of low inventory and steady buyer demand.

🔥 How Competitive Is the Market?

The Calabasas housing market is currently somewhat competitive:

  • Most homes receive 2 offers on average

  • Homes go pending in about 36–38 days

  • Well priced homes can go pending in just 17 days and may sell for up to 3% over asking price

  • Buyers should be prepared to act quickly and make competitive offers—especially on updated homes in high-demand neighborhoods.

🌍 Calabasas Migration & Relocation Trends

Thinking about who’s moving in—and out—of Calabasas? Here's what the data says:

  • 81% of buyers searched to stay within the Calabasas metro

  • 19% looked to relocate out of the area

🏙️ Top Cities Moving Into Calabasas:

  • San Francisco

  • Chicago

  • Washington, D.C.

Calabasas continues to attract out-of-state buyers seeking luxury, lifestyle, and top-rated schools—all with access to both city life and coastal retreats.

✈️ Where Calabasas Buyers Are Moving To:

  • Las Vegas, NV

  • Brentwood, TN

  • Boise, ID

These cities offer more affordability and remote work flexibility while still appealing to Southern California residents.

🗝️ What This Means for Buyers and Sellers

Sellers:

If you’re thinking about listing, it’s still a favorable market—especially for homes that are priced right and show well. With buyer competition increasing, updated properties in move-in condition are especially appealing.

Buyers:

Expect moderate competition, but take heart—homes are selling slightly below peak price-per-square-foot, giving savvy buyers an opportunity to find value.

Ready to Buy or Sell in Calabasas?

I'm Anna Lanuza, a Calabasas-based real estate expert with deep local knowledge and a proven track record in luxury homes and gated communities. Whether you're entering the market or preparing to list, I can guide you through every step with confidence.

Let’s talk about your next move, call/text: 310.295.8807 | Email

Calabasas, California September, 2022 - Monthly Market Report - Anna Lanuza Homes 310-295-8807

Calabasas, California September, 2022 - Monthly Market Report - Anna Lanuza Homes 310-295-8807

The Calabasas housing market is somewhat competitive. Homes in Calabasas receive 5 offers on average and sell in around 32.5 days. The current sales-to-list ratio in Calabasas is 1, suggesting that homes are selling at the same price that they've been listed.

Calabasas is a city in Los Angeles County, California, United States, located in the hills west of the San Fernando Valley and in the northwest of Santa Monica. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Calabasas real estate market, all in one place. Analyze how the market is performing against historical data. I am here to help you explore Calabasas without having to leave the comfort of your own home.

The average sale price of a home in Calabasas was $1.63M last month, up 1.6% since last year. The average sale price per square foot in Calabasas is $653, up 11.3% since last year. Whether you’re buying or selling, understand local real estate trends for Calabasas so you can better navigate the current market. Calabasas Realtor Anna Lanuza provides top real estate services in Calabasas, CA and surrounding areas. Search Calabasas Homes for Sale, view closed escrows, review Calabasas, CA real estate market.

CALABASAS HOUSING MARKET TRENDS

WHAT IS THE HOUSING MARKET LIKE IN CALABASAS TODAY?

In August 2022, Calabasas home prices were up 3.1% compared to last year, selling for a median price of $1.6M. On average, homes in Calabasas sell after 41 days on the market compared to 33 days last year. There were 28 homes sold in August this year, down from 29 last year.

HOW HOT IS THE CALABASAS HOUSING MARKET?

Calabasas is somewhat competitive. Homes sell in 32.5 days. The average homes sell for about 1% below list price and go pending in around 33 days.

  • Hot homes can sell for about 3% above list price and go pending in around 25 days.

CALABASAS MIGRATION & RELOCATION TRENDS

Find out the number of homebuyers searching to move in and out of Calabasas, plus the top relocation destinations. In Jun '22 - Aug '22, 20% of Calabasas home buyers searched to move out of Calabasas, while 80% looked to stay within the metropolitan area.

Which homebuyers are searching to move into Calabasas?

  • Across the nation, 6% of homebuyers searched to move into Calabasas from outside metros.

  • San Jose homebuyers searched to move into Calabasas more than any other metro followed by San Diego and Seattle.

Where are Calabasas home buyers searching to move to?

  • 80% of Calabasas homebuyers searched to stay within the Calabasas metropolitan area.

  • San Diego was the most popular destination among Calabasas homebuyers followed by Las Vegas and Phoenix.

SCHOOLS IN CALABASAS

Learn about schools in the Calabasas area

Elementary School:

Middle School:

High School:

Adult School:

CLIMATE'S IMPACT ON CALABASAS HOUSING

Learn about natural hazards and environmental risks, such as floods, storms, fires, droughts and climate heat risks that could impact homes in Calabasas.

LIKELIHOOD OF FLOODING IN CALABASAS HOMES

Approximately 1,470 homes (16%) are already at risk in Calabasas, and within 30 years, about 1,480 homes (17%) will be at risk. Flood risk in Calabasas is increasing slower than the national average.

  • Floods in Calabasas caused $81 on average in property damage this year.

  • Flood insurance is not required in most homes in Calabasas. However, FEMA always recommends considering insurance.

TRANSPORTATION IN CALABASAS

Learn about the walkability, bikeability, and transit-friendliness of Calabasas

  • Walk Score 23 / 100 - Car Dependent

  • Bike Score 15 / 100 - Somewhat Bikeable

Anna Lanuza | c. 310.295.8807 | DRE02036269 | AnnaLanuzaRealty@Gmail.com

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