Calabasas Housing Market Report – June 2026
Here's a look at how the Calabasas, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 28
- Median Sale Price: $1,640,900
- Average Sale Price: $2,016,404
- Average Price Per Sq Ft: $644
- Average Days on Market: 85
- Sale-to-List Price Ratio: 97.0%
Month-Over-Month Trends
Compared to May, the median sale price in Calabasas moved 10.8% down (from $1,840,000 to $1,640,900). The number of homes sold was 16.7% up compared to the prior month (24 vs. 28). Average days on market shifted 44.1% up (59 days to 85 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 3.4% down (from $1,699,500 to $1,640,900). Sales volume is 7.7% up year-over-year.
What This Means
Calabasas is showing mixed signals this June, with a market that's moderately active but taking longer to move. While sales volume climbed to 28 homes—a respectable number for this affluent enclave—the median price dipped 10.8% from May, landing at $1,640,900. More telling is the jump in days on market, which stretched from 59 to 85 days. This slowdown suggests buyers are being more selective and taking time to decide, likely reflective of broader California market hesitancy despite summer's typical seasonal strength.
The silver lining is that homes are still selling close to asking price at a 97% ratio, indicating the market hasn't fundamentally weakened. Year-over-year, the median is down just 3.4%, so we're not seeing dramatic deterioration compared to June 2025. The inventory situation tells an important story too—with 202 active listings and a median asking price of $1,895,000, there's substantial supply available. This gives buyers genuine negotiating power, a shift from the frenzied conditions of previous years.
Overall, Calabasas appears to be settling into a more normalized, balanced market. Sellers shouldn't panic over the monthly dip, but they should be realistic about pricing and prepared for longer selling timelines. For buyers, this is a patient person's market.
Calabasas Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91302 | 25 | $1,700,000 | $648 | 88 |
| 91301 | 3 | $672,000 | $610 | 62 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 19 | $2,250,000 | $722 |
| CONDOS | 5 | $672,000 | $574 |
| TOWNHOMES | 2 | $640,250 | $418 |
| CONDO | 1 | $875,000 | $435 |
| MOBILE | 1 | $260,000 | $169 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $500K - $749K | 5 |
| $750K+ | 22 |
Current Active Listings
As of this report, there are 202 active listings in Calabasas with a median asking price of $1,895,000 and an average of 92 days on market.
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