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January 2026 vs. January 2025 | Year-to-Date Update & 2026 Forecast
Calabasas Market Report January 2026. The Calabasas housing market started 2026 with steady activity and modest price movement.
January 2026 vs January 2025
Closed Sales
January 2025: 12 homes
January 2026: 13 homes
Change: +8.3%
Median Sold Price
January 2025: $1,962,259
January 2026: $1,825,000
Change: −7.0%
Sales volume increased slightly.
Median pricing softened by 7 percent year over year.
Important context.
January 2026 included a $14.2M luxury sale, which lifted the average price to $2,961,018. The median gives a clearer view of the core market.
The takeaway:
Buyers are active.
Luxury demand remains strong.
Pricing is adjusting slightly in the mid-range.
The market is stabilizing, not collapsing.
What Is Driving the Market?
1. Jobs Report & Economic Stability
The national jobs report continues to show steady employment growth. Unemployment remains historically low. Wage growth has moderated but remains positive.
A stable labor market supports housing demand.
When people feel secure in their income, they buy homes.
2. Mortgage Rates
Rates remain elevated compared to pandemic lows but have stabilized. Many buyers have adjusted to the new normal.
We are seeing more realistic pricing and more balanced negotiations.
Here is what to expect moving forward:
Modest price movement in the 2 to 4 percent range
Increased inventory compared to early 2025
Continued strength in the luxury segment
More strategic pricing required for sellers
The frenzy days are gone. Strategy matters again.
Homes priced correctly are still selling.
March Marks the Start of Selling Season
Historically, March kicks off peak activity in Calabasas.
More buyers enter the market.
Inventory begins to rise.
Showings increase.
If you are considering selling in 2026, preparation should start now.
Selling Prep Tip #1
Think Less Is More
Declutter.
Remove excess furniture. Remove personal items. Clear countertops.
Paint goes a long way.
A clean neutral interior photographs better and shows larger.
First impressions matter.
Online photos drive showings. Showings drive offers.
Calabasas Market Report January 2026 Overview
The Calabasas Market Report for January 2026 shows a stable start to the year. Sales activity increased slightly, while the median sold price softened year over year. This is a normal shift in a market where buyers want value and sellers need sharper pricing.
January is also a month where one or two high end sales can skew the averages. That is why the median is the better signal. It reflects what most buyers and sellers are experiencing in the core Calabasas single family home market.
What This Means for Buyers and Sellers
For buyers, this is a more balanced environment. You are seeing more opportunities to negotiate, especially on homes that need updates or are priced aggressively. Well-kept homes still sell, but buyers are more selective and compare options closely.
For sellers, pricing and presentation matter more than last year. Overpricing leads to longer days on market and price reductions. Homes that show clean, bright, and move in ready still attract strong interest. If your home needs work, the strategy needs to reflect that up front.
If you want a simple rule, focus on how your home looks online. Photos and first impressions drive showings. Showings drive offers. If you win the photo war, you increase your odds of winning the offer.
The Calabasas Market Report January 2026 confirms a steady but more selective housing environment compared to last year.
Final Takeaway
The Calabasas Market Report January 2026 shows the market is not crashing.
It is normalizing.
Sales activity is steady.
Pricing is adjusting modestly.
Luxury demand remains active.
With March approaching, sellers who prepare early will have the advantage. Curious of what your homes value, Click Here
If you would like a deeper breakdown beyond this Calabasas Market Report January 2026, reach out for a confidential consultation at David@DavidWatkins.com > 818-970-2946 Call or Text.
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