Malibu Real Estate Market Data
Malibu, California, is known for its stunning coastline, gorgeous homes, and luxury lifestyle. According to recent data, the median list price for a home in this area is $8,795,000. Right now, in Malibu, there are 129 single-family homes for sale. Although more homes are being sold than listed for sale, buying a home in Malibu is still easier than selling one. This means that prices are not rising yet because there are more homes for sale than people who want to buy them.
In general, homes in Malibu tend to stay on the market for a more extended period when compared to the Los Angeles market. If you're looking to sell your house in Malibu, it's essential to be patient and understand that finding the right buyer may take time.
Latest Luxury Homes Sold in Malibu and Market Activity
Recent data indicates that the sweet spot for homes in Malibu is in the $30 million price range, as they tend to stay on the market for a shorter duration. This highlights the strong demand for luxury homes in Malibu and suggests buyers are willing to pay a premium for the right property in this market.
The latest sales data for Luxury homes in Malibu, with details of the median price, square footage, lot size, and DOM (Date on the market).
Median Price. Sq.Ft. Lot size DOM (Date on the market)
$33,750,000 5,744 0.5 - 1 acre 70
$11,697,50 4,577 0.5 - 1 acre. 91
$6,622,500. 3,326. 0.5 - 1 acre. 80
$3,95,000. 2,061 0.25 - 0.5. 98
Latest Condo Sales Data in Malibu and Market Activity
The condo market in Malibu, CA 90265, has been in flux over the past few weeks, with the median list price for this week hovering at $1,374,500. The condo market in Malibu is currently in the Seller's zone.
More condos are being sold in Malibu than listed for sale, but the prices of condos are still decreasing. Even though this may worry people who want to sell their condos, it's important to remember that the market is still favorable for sellers. Prices are expected to stop decreasing and stabilize soon.
Latest Data on Condo Sales Malibu: Price, square feet, and date on the market
Median Price Sq. Ft. DOM(Date on the Market)
$5,575,000 3,789 126
$2,475,000 1,438 94
$1,250,000 1,306 63
$804,998 1,007 49
It's worth noting that the sweet spot for buying a condo in Malibu tends to be between $800K and $1,250K. These properties tend to stay on the market for a shorter time frame, making them a popular buyer choice. If you're looking to invest in the Malibu housing market, keep these trends in mind as you search for your dream home.
It's essential to remember that the Malibu housing market, like any other market, can be influenced by various factors. Despite these variables, one thing is sure: Malibu remains a highly desirable place to live. With its stunning natural beauty, world-class amenities, and proximity to Los Angeles, it's no wonder that people are eager to call this area home.
Overall Sales in Malibu
Features of Malibu's High-End Real Estate Market
Malibu's real estate market is known for its wide range of high-end properties, including beachfront estates, hilltop mansions, and ranch-style homes. These properties offer luxury and exclusivity that is hard to find in other locations. Moreover, the area's strict zoning laws help preserve its natural beauty and ensure that homes are built to a high standard, further adding to its appeal.
Whether you're looking to buy or sell a property in Malibu, the real estate market conditions are currently favorable for buyers and sellers. With a range of high-end properties and inventory rising, it's an excellent time to invest in this vibrant and exclusive community.
Overall, Malibu's high-end real estate market offers unparalleled opportunities for those seeking luxury and exclusivity. Whether you're looking for a stunning beachfront estate or a secluded hilltop mansion, this area has something for everyone. So, whether you're a buyer or seller, take advantage of this unique opportunity to invest in one of the most sought-after locations in the world.
With our local knowledge and expertise, we can help you navigate the complexities of the Malibu real estate market and find the right property that meets your needs and budget. Whether you're looking for a beachfront estate or a cozy ranch-style home, we have access to a wide range of properties.
As a buyer, our team can help you secure the best possible price and terms for your new home, while as a seller, we can help you market your property effectively to attract the right buyers and achieve the best possible sale price.
So if you're ready to take the first step towards homeownership in Malibu, don't hesitate to contact us. We're here to help make your dream of owning a piece of this exclusive and beautiful community a reality.