Calabasas CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Calabasas, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Calabasas Housing Market Information

With 23,954 people, 8,893 houses or apartments, and a median cost of homes of $1,408,600, Calabasas house prices are not only among the most expensive in California, Calabasas real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Calabasas, accounting for 63.10% of the city's housing units. Other types of housing that are prevalent in Calabasas include large apartment complexes or high rise apartments ( 18.85%), row houses and other attached homes ( 10.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.94%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Calabasas. Owner-occupied housing accounts for 68.11% of Calabasas's homes, and 55.90% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Calabasas built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Calabasas built between 1940-1969 ( 18.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.72%).

Calabasas Home Appreciation Rates

In the last 10 years, Calabasas has experienced some of the highest home appreciation rates of any community in the nation. Calabasas real estate appreciated 47.08% over the last ten years, which is an average annual home appreciation rate of 3.93%, putting Calabasas in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Calabasas definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Calabasas appreciation rates have trailed the rest of the nation. In the last twelve months, Calabasas's appreciation rate has been -0.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Calabasas were at 1.00%, which equates to an annual appreciation rate of 4.08%.

Relative to California, our data show that Calabasas's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Calabasas differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Calabasas - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Calabasas real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,408,600

Calabasas, CA HOME PRICES

Value Range
> $1,136,000 50.7
$852,001 - $1,136,000 19.8
$567,001 - $852,000 13.6
$454,001 - $567,000 5.1
$341,001 - $454,000 3.4
$227,001 - $341,000 1.7
$113,001 - $227,000 2.8
$57,001 - $113,000 1.2
$0 - $57,000 1.6

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.566423357664234 6.02883355176933

Number Of Homes And Apartments:
8,893

Calabasas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
144.87% 4.52%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,810 / per month

Homeownership Rate

Homeownership
Owners 68.11
Renters 31.89
Vacant 3.42

Housing Market Details

 

Age of Homes

AGE OF Calabasas HOMES
2000 or Newer 9.7
1970 - 1999 71.1
1940 - 1969 18.7
1939 or Older 0.5

Types of Homes

TYPE OF Calabasas HOMES
Single-Family 63.1
Townhomes 10.6
Small Apt. Buildings 5.9
Apt. Complexes 18.9
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Calabasas HOMES
No Bedroom 0.80
1 Bedroom 6.31
2 Bedrooms 22.58
3 Bedrooms 25.13
4 Bedrooms 30.77
5 or more bedrooms 14.41