Calabasas Real Estate Market Report 91302

Calabasas Market update for August 2019

Posted by David Salmanson on September 10, 2019

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Calabasas Market update for August 2019 brought to you by your Calabasas Realtor David Salmanson

The August 2019 housing market in Calabasas has been pretty steady. There was a 6.67% increase in sold listings since last year, although the median sales price fell by 6.62%. Th average selling price however went up by 5.05%

MARKET SUMMARY

August 2019 | All Property Types

Market	Month to Date			Year to Date
Summary	August 2019	August 2018	% Change	YTD 2019	YTD 2018	% Change
New Listings	55	51	7.84%	436	407	7.13%
Sold Listings	32	30	6.67%	209	223	-6.28%
Median Listing Price	$1,424,000	$1,525,000	-6.62%	$1,425,000	$1,475,000	-3.39%
Median Selling Price	$1,407,500	$1,445,000	-2.6%	$1,395,000	$1,429,000	-2.38%
Median Days on Market	40	22	81.82%	36	23	56.52%
Average Listing Price	$2,226,528	$2,265,733	-1.73%	$2,085,149	$2,034,233	2.5%
Average Selling Price	$2,148,656	$2,045,316	5.05%	$2,005,314	$1,931,507	3.82%
Average Days on Market	72	37	94.59%	58	44	31.82%
List/Sell Price Ratio	98.3%	95.6%	2.84%	97.7%	97.5%	0.21%