Calabasas Real Estate Market is Heating Up!

Dana & Jeff

10/15/12

 

Photo Source: realtor.com

There are 66 homes for sale of which only 2 or distressed sales (short sales, REO’s or Auction).

There are 55 PENDING homes in escrow scheduled to close, that means 50% of the inventory from the past 60 days has sold!

There are currently 12 homes for sale in The Oaks

Average price per square foot for Calabasas CA was $339, an increase of 15.7% compared to the same period last year. The median sales price for homes in Calabasas CA for Jul 12 to Sep 12 was $900,000 based on 71 home sales. Compared to the same period one year ago, the median home sales price increased 20.4%, or $152,500, and the number of home sales decreased 33%. There are currently 129 resale and new homes in Calabasas on Trulia, including 1 open house, as well as 120 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Calabasas CA was $1,528,628 for the week ending Oct 03, which represents an increase of 1.2%, or $18,109, compared to the prior week. Popular neighborhoods in Calabasas include The Oaks and Greater Mulwood, with average listing prices of $2,991,291 and $820,207.



 

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We offer the highest level of expertise and service with integrity. Jeff Biebuyck & Dana Olmes are Luxury Homes Specialists in Calabasas with a particular expertise in representing residential estate properties throughout the West San Fernando Valley, Conejo Valley, Malibu and Greater Los Angeles area. As consummate professionals, Jeff Biebuyck & Dana Olmes provide their clients with the highest level of service to reach their unique real estate goals.

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