Calabasas Housing Market Report – March 2026

Here's a look at how the Calabasas, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 22
Median Sale Price: $1,896,000
Average Sale Price: $2,424,273
Average Price Per Sq Ft: $661
Average Days on Market: 81
Sale-to-List Price Ratio: 97.5%

Month-Over-Month Trends

Compared to February, the median sale price in Calabasas moved 11.5% up (from $1,700,000 to $1,896,000). The number of homes sold was 15.8% up compared to the prior month (19 vs. 22). Average days on market shifted 8.0% down (88 days to 81 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 27.1% down (from $2,600,000 to $1,896,000). Sales volume is 15.8% up year-over-year.

What This Means

Calabasas is showing mixed signals this March, with some encouraging momentum offset by a significant year-over-year price decline. The 11.5% monthly bump in median prices and 15.8% jump in sales volume suggest spring is kicking in as buyers emerge from winter hibernation, and homes are moving faster with DOM dropping to 81 days. The 97.5% sale-to-list ratio also indicates reasonable buyer-seller negotiations, so sellers aren't getting completely squeezed on price.

However, don't mistake this rebound for a market recovery. Year-over-year, the median price has dropped 27% from last March's $2.6 million, a substantial cooling for a luxury market like Calabasas. This likely reflects the lingering effects of higher mortgage rates keeping high-end buyers cautious, despite recent rate stabilization. The 151 active listings with an average 84 DOM suggest inventory is moving, but there's still plenty of supply chasing fewer qualified buyers.

For sellers, the takeaway is mixed: spring is helping your timing, but expect realistic pricing to remain essential. Buyers have more options and leverage than they did a year ago, even if this month looks better than February. The market is stabilizing rather than booming.

Calabasas Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
91302	20	$1,946,000	$673	86
91301	2	$1,253,750	$545	42

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	16	$2,287,500	$691
CONDOS	5	$660,000	$606
TOWNHOMES	1	$685,000	$468

Sales by Price Range

Price Range	Homes Sold
$500K - $749K	5
$750K+	17

Current Active Listings

As of this report, there are 151 active listings in Calabasas with a median asking price of $2,295,000 and an average of 84 days on market.

Thinking About Selling Your Calabasas Home?

If you're a homeowner in Calabasas considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Calabasas and throughout the Central Valley — get a no-obligation cash offer today.