Calabasas

The Strategic Context

Gated Community Corridor

Calabasas anchors the western entry of LA's luxury corridor between Hidden Hills and Westlake Village, with a median around $1.7M, down approximately 3% from the prior year as rate-sensitive move-up demand compressed. Gated communities including Calabasas Park, Las Virgenes, and The Oaks make up the majority of available inventory. Sale-to-list ratios have tightened back toward 95 to 97%, meaning the window of aggressive discounting has passed. Buyers coming from the Westside consistently find 20 to 30% more square footage per dollar here than comparable Westside zip codes at the same price point.