Is there a Calabasas real estate crisis? Perhaps crisis is a strong word but there is certainly an extreme shortage of real estate inventory throughout Calabasas, Woodland Hills, West Hills and the entire West Valley. The low end of the market is non existent with entry level prices starting near $700,000 in most places. The entry level Calabasas home which is usually around $1,000,000 is also extinct with very little on the market under $1,500,000. Certain Calabasas neighborhoods such as Mulwood, Calabasas Hills and Vista Point have inventory of 1 or 2 homes at best. Woodland Hills homes are $700,000
