Homes for sale in Malibu Ca are highly-sought-after, with the past five years showing an appreciation in sale prices of nearly 58 percent.
Currently, the median sales price for a home for sale Malibu Ca is about $1,735,000. For the week that ended on November 18, Malibu saw an average listing price of $4,727,803. This figure represents a reduction of 1.9 percent compared to numbers posted for the previous week, a correlating dollar figure of nearly $93,000.
Figures for the most recent quarter indicate that homes in Malibu are selling for an average of $874 per square foot.
Trends in Homes for Sale in Malibu CA
At any given time, there are around 450 homes for sale in Malibu Ca. These range across a number of highly-desirable neighborhoods including the following:
- Malibu West is a private beachfront community that is popular with families who desire a close-knit neighborhood for their children. Situated very near the beach, Malibu West has a pleasing mix of condos and single family homes. This community also offers its residents access to scheduled social events for adults and children, an oceanside clubhouse located along the Pacific Coast Highway and tennis courts.
- Malibu Colony is the epitome of what a Malibu neighborhood is like. Replete with gorgeous beachfront properties that offer the many Hollywood A-listers that live there the privacy and luxury they crave, Malibu Colony is a centrally-located gated community that is conveniently located near Pepperdine University, shopping, markets, restaurants, Legacy Park and much more.
- La Costa Beach is a truly diverse neighborhood that offers its residents a little bit of everything. Hillside homes come with a highly-desired membership to the La Costa Beach Club with homes hovering in price around the $2 million mark. Homes at the beach can range from the upper double digits to up to $6 million.
- Malibu Park is a horse lover’s delight! Luxurious horse estates and lots of room to hike, ride and otherwise enjoy nature are the highlights of this neighborhood. Easy access to the Pacific Coast Highway, a renowned equestrian center, lush gardens, access to Zuma Canyon via Busch Drive and extensive ocean views help round out the amenities of this neighborhood.
Malibu Luxury Realty can help you find the perfect property for your needs. Contact us today for details.