Calabasas Real Estate Market Update: February 2024 vs February 2025

Calabasas_Market_Update

Are you wondering how the Calabasas real estate market has changed over the past year? Whether you’re a homeowner, investor, or buyer thinking about purchasing a home in this sought-after area, it’s important to understand local market trends. Below is a detailed comparison of Calabasas home sales in February 2024 versus February 2025—including sales volume, pricing trends, days on market, and property types sold.

📊 Calabasas Home Sales: Year-Over-Year Snapshot

Market Metric February 2024 February 2025 % Change
Homes Sold 16 homes 12 homes -25%
Median Sale Price $1.6 million $1.8 million +9.8% ↑
Average Days on Market 39 days 30 days -22% ↓
Property Type Sold Mostly Single-Family Mostly Single-Family No significant change

 

🔍 Total Number of Homes Sold in Calabasas

In February 2024, 16 homes sold in Calabasas. One year later, in February 2025, the number dropped slightly to around 12 homes. This small decline doesn’t reflect a slowdown in buyer demand—it’s more likely due to low housing inventory in Calabasas, meaning fewer homes were available for purchase.

💰 Median Home Prices Are Rising in Calabasas

The median home price in Calabasas climbed from approximately $1.6 million in February 2024 to $1.8 million in February 2025—a nearly 10% increase. This price appreciation indicates a strong seller’s market, where demand continues to outpace supply. Whether you’re thinking about listing your home or buying, these numbers are a clear sign that Calabasas property values are trending upward.

⏱ Homes Are Selling Faster in 2025

The average days on market (DOM) dropped from 39 days in 2024 to just 30 days in 2025. That means homes in Calabasas are selling 9 days faster on average, showing how competitive the market has become. Well-priced homes are receiving offers more quickly, and some are even selling above asking price.