Calabasas Real Estate On The Road To Recovery

Most of the San Fernando Valley has been riding the real estate roller coaster since August of 2007 and it hasn't been such a great ride for most of the Valley. Our neighbors on both sides have seen price drops year over year. Agoura had a 6.2% drop in the price per square foot and Woodland Hills had a 5% drop in the price per square foot from December 2009 to December 2010.

Calabasas real estate has managed to hold its own during 2010, even gain a little bit increasing 4.6% from an average of $322 per square foot in December of 2009 to $344 per square foot in December of 2010.