2020 began with an increase in Calabasas home values, recording a 41+% rise in median sales price and a 116+% uptick in average sales price over the first month in 2019. A major contributing factor in the rise of sales prices throughout the Los Angeles area is the significant decrease in the number of homes for sale. In Calabasas listing inventory declined 6.25%, year over year, from a total of 55 new listings on the multiple listing service in January, 2019 to 47 in January, 2020.
Take a look below to see the latest sales activity for the prior month and year, along with current and past year-to-date statistics for market activity in Calabasas. Click on the image below or here to view the full report.
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