The Mark & Grether Group | COMPASS

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Malibu Real Estate Market Update: February 2021

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Malibu Real Estate Market Update: February 2021

Interest rates hit above 3% for the first time since July as inventory remains low here in Malibu and buyer demand remains at an all-time high.

Market activity in February took a slight dip compared with January. That said, we expect it to heat up again as we head into Spring and Summer which is historically Malibu’s busiest market and the best time to sell. Here is last month’s recap:

30601 Vista Sierra Drive | Listed for Lease by The Mark & Grether Group

Single Family Homes 

Malibu Beach

  • 40 active listings | 8 pending sale | 6 sold
  • Average list price: $21,823,944
  • Average sale price: $11,394,592
  • Average days on market: 106

Malibu Landside

  • 80 active listings | 32 pending sale | 12 sold
  • Average list price: $7,766,633
  • Average sale price: $4,454,226
  • Average days on market: 109
31444 Broad Beach Road | Listed for Sale by The Mark & Grether Group

Condominiums 

Malibu Beach

  • 6 active listings | 1 pending sale | 2 sold
  • Average list price: $1,971,222
  • Average sale price: $1,913,500
  • Average days on market: 67

Malibu Landside

  • 13 active listings | 7 pending sale | 2 sold
  • Average list price: $1,279,431
  • Average sale price: $1,197,500
  • Average days on market: 114
22630 Pacific Coast Hwy #3 | Just Sold on Carbon Beach by The Mark & Grether Group | Listed at $4,495,000

Land

Malibu Beach

  • 4 active listings | 1 pending sale
  • Average list price: $8,100,000
  • Average days on market: 162

Malibu Landside

  • 104 active listings | 17 pending sales | 8 sold
  • Average list price: $2,824,620
  • Average sale price: $916,312
  • Average days on market: 159
30000 Cuthbert Road | Woolsey Fire Burnout Lot Listed for Sale by The Mark & Grether Group

We are proud to be a local resource from the coast to the canyons. Contact us for our 2021 market predictions, property valuations, and more!

310.230.5771 | russellandtony@compass.com

Associate Partner

Jessica Mark

View Jessica’s profile.

Jessica Mark brings a stellar track record and wealth of local knowledge to her real estate practice.

Jessica grew up in New Zealand where her father was a custom home builder. After graduating from University in New Zealand, Jessica followed the snow to Mammoth Lakes in California and it was there that she began her real estate career in 1999. She operated as a real estate salesperson in the Lake Tahoe area and was later recruited by multiple ski development companies. In this role, Jessica sold ski-in ski-out condos, townhomes, and custom homesites adjacent to ski-resorts and private golf courses.

In 2012, Jessica married her husband and Malibu realtor, Tony Mark, and relocated to Malibu where she now resides on Point Dume. Jessica truly embodies the Malibu lifestyle; when not working, you can find her surfing, cycling, mountain biking, running, riding horses, snowboarding, and spending time with her family.

As a realtor serving current and future residents, Jessica is excited to share her way of life with clientele and help them find their place in Malibu.

DRE # 01339624

Tel: 530 386 2559
Email: jessica.mark@compass.com

Associate Partner

Lauren Fallieras

View Lauren’s Profile.

Lauren has been serving Malibu, San Fernando Valley, Hollywood Hills and surrounding areas for 8 years. In that time, she has earned a stellar reputation representing buyers, sellers, landlords, and tenants.

With her warm smile and personable nature, Lauren connects quickly with clients and colleagues, which enables her to seamlessly assist them through their real estate transaction. Having lived in many different places in both the USA and Europe, Lauren is able to understand a wide array of people. Through her background in healthcare, Lauren brings nurturing care, attention to detail, and ultimate discretion to her clients. Having raised four boys, she has developed an athletic patience and dogged negotiation skills. Ultimately, Lauren loves what she does- bringing people to their homes.

Prior to finding her passion at Compass, Lauren earned a Doctor of Pharmacy degree from the University of Florida and had a successful career in sales spanning two continents and many years. She feels very fortunate to be able to live and work and have raised her brood in Malibu. When she’s not working, she can be found enjoying the splendors of Malibu: hiking with her dogs, paddle boarding, walking the beach or enjoying the sunset.

DRE # 01942425

Tel: 323 217 3793
Email: lauren.fallieras@compass.com


    The Mark & Grether Group

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    Tel: 310 230 5771

    Email: russellandtony@compass.com


    24903 Pacific Coast Hwy, #200, Malibu, CA 90265


    We look forward to connecting with you and meeting in person soon!