Calabasas Housing Market Report – May 2026
Here's a look at how the Calabasas, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 24
- Median Sale Price: $1,840,000
- Average Sale Price: $1,987,327
- Average Price Per Sq Ft: $686
- Average Days on Market: 59
- Sale-to-List Price Ratio: 99.1%
Month-Over-Month Trends
Compared to April, the median sale price in Calabasas moved 7.9% up (from $1,705,000 to $1,840,000). The number of homes sold was 9.1% up compared to the prior month (22 vs. 24). Average days on market shifted 45.4% down (108 days to 59 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.4% up (from $1,780,000 to $1,840,000). Sales volume is 4.0% down year-over-year.
What This Means
Calabasas is showing genuine momentum heading into summer, though buyers should temper their enthusiasm slightly. The median price climbed nearly 8 percent month-over-month to $1.84 million, suggesting stronger demand or at least stickier pricing in a market segment that typically sees seasonal softness. More telling is that homes are now selling in 59 days compared to 108 days just last month—a dramatic shift that points to improved buyer appetite. With properties moving significantly faster and selling at 99.1 percent of list price, sellers clearly have leverage right now, particularly in the single-family home segment which dominates local sales.
The year-over-year picture is more measured, showing only modest price appreciation at 3.4 percent alongside a slight dip in volume. This suggests the market isn't running away but rather stabilizing at higher price levels. The presence of 194 active listings with a median ask of $1.86 million indicates steady inventory, which helps explain both the brisk sales pace and the strong price retention. For Calabasas—a premium enclave where interest rate sensitivity typically matters—this spring rebound feels like a genuine seasonal uptick rather than a speculative surge. Buyers willing to act decisively should find reasonable selection, while sellers have solid ground to stand on.
Calabasas Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91302 | 21 | $1,850,000 | $691 | 59 |
| 91301 | 3 | $1,675,000 | $652 | 53 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 21 | $1,850,000 | $724 |
| CONDOS | 1 | $2,350,000 | $1,054 |
| MOBILE | 1 | $310,000 | $172 |
| OTHER | 1 | $80,000 | $35 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $300K - $399K | 1 |
| $750K+ | 22 |
Current Active Listings
As of this report, there are 194 active listings in Calabasas with a median asking price of $1,862,000 and an average of 88 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 Los Angeles County — get a no-obligation cash offer today.