Calabasas Real Estate Update for November 2022
The real estate market in Calabasas saw significant shifts heading into 2026. Looking back at the volatility that began in late 2022 — when 30-year fixed mortgage rates swung between roughly 5% and 7% — it’s clear how much the market has evolved since then. Buyers who hesitated during that period of rate uncertainty are now navigating a different landscape, with rates and inventory levels that continue to shape purchasing decisions in Calabasas.
That 2022 slowdown had a measurable impact on home sales. The median sale price fell by 13% ($213,000) from $1,612,000, settling at $1,399,000. Sellers were accepting offers around 6% below list price, and homes were sitting on the market for approximately two months before closing.
Calabasas Real Estate Market Snapshot — November 2022 (Historical Reference)
Median Sold Price: $1,399,000 (-$213,000)
Sale to List Price: 94%
Median Days on Site: 63
As of 2026, the Calabasas market has regained its footing. Demand for luxury homes in the area remains strong, driven by the community’s appeal — gated neighborhoods, top-rated schools, and proximity to both the coast and the city. Inventory levels and pricing have shifted considerably from those 2022 lows, making it a very different environment for both buyers and sellers today.
David Salmanson, a Calabasas realtor, has continued selling homes in Calabasas through every phase of the market. Whether you’re looking to buy or sell in 2026, David brings deep local expertise to help you navigate current conditions. Contact David at 818-421-2170 to discuss your real estate goals.
