The market for Malibu Real estate is increasing at a slower rate compared to the beginning of the summer but the numbers are at extremely high levels creating great opportunities for the Malibu Real estate buyer.
1) CB Malibu offices units are down 1.04% to 150/ sales volume down 1.87% to $277.4 mil/ ASP down 0.84% to $1,847,384
LA company units down 14.17% to 5,087/ volume down 2.65% to $4.865 billion/ ASP up 13.43% to $956,507
2) MLS stats: SFR Area 32–96 active, 6 pending, 11 sold (highest #105 Malibu Colony over $20 mil). In 2010-37 sold, 26 in the first 6 months, 2009-23 sold, 2005-58 sold (see Rick Wallace’s article in July 6 Malibu Times)
SFR Area 33241 active, 30 pending, 59 sold (highest 6020 Bonsall $8.5 mil); in 2010 83 sold in the first 6 months
Malibu Condos Area 32 -25 Active, 1 pending, 13 sold; in 2010 8 sold in the first 6 months
Condos Area 33 -25 Active, 7 pending, 16 sold; in 2010 23 sold in the first 6 months
