Mont Calabasas Real Estate Activity
Dear Mont Calabasas residents. I put together an analysis to share with you real estate market activity and homes sales in Mont Calabasas since the beginning of the year. Calabasas has many different types of communities and it is relatively easy to go online and get market stats based on zip codes but if you were to do that for 91302 you would end up comparing homes from Mulwood to The Oaks, to Hidden Hills to Deer Springs and Saratoga Springs and everything in between. The above chart shows active Mont Calabasas homes for sale as well as back-up/pending and sold homes. Mont Calabasas is a relatively small community with only 110 homes. In our estimate, it is one of the nicest gated communities and compared to the rest of Calabasas’s gated communities you certainly get more for you dollar here.
There is only currently one home that is active on the market and 2 in escrow. Many homeowners are upside down on their mortgages and fear selling and having to do a short sale or simply lose money. I suspect that that is a major contributor to slower sales in real estate in general. Since the beginning of the year 9 homes have sold. That is about 9% which is a good ratio indicating that buyers understand the value of buying in Mont Calabasas. We work with many such buyers. The days on market are even going down and homes are selling faster than before.
Make sure that if the time comes when you need to sell your home, you contact us. We specialize in short sales and understand the process and can effectively and successfully guide you through it. If you do not need to do a short sale but intend to sell, you should still contact us as your marketing plan is designed for 2010 and our current market. We know how to reach today’s buyers. They are different from the buyers of yesterday. The last home we sold was only on the market 3 days and got over asking price. Proper pricing, staging, marketing/exposure and we sell your home. Remember that Who You Work With Matters!