Malibu Real Estate: 2023 Recap
It’s time for our yearly installment of the Malibu real estate year in review! 2023 certainly brought change to the U.S. housing market as a whole, and Malibu was no exception. We began the year with a very low supply of inventory, courtesy of the booming real estate markets in the post-COVID era. As a […]
Malibu Real Estate: 2021 Year in Review
2021 is now in the rearview mirror, but it will not soon be forgotten. It was the best local real estate market ever recorded in Malibu! It was a year of records for our team, Malibu, and real estate markets across the country. Let’s dive into what happened last year and our outlook for 2022. […]
The Woolsey Fire: Three Years Ago
This week marks three years since the Woolsey Fire came through Malibu. This was undoubtedly one of the most devastating fires in Malibu’s history. Over 400 single-family homes were lost and approximately 670 structures were destroyed from the upper canyons all the way to the bluffs at Point Dume. It is hard to believe that […]
Malibu Real Estate Market Update: March 2021
Single Family Homes Malibu Beach 43 active listings | 7 pending sale | 7 sold Average list price: $21,922,228 Average sale price: $8,057,945 Average days on market: 110 Malibu Landside 94 active listings | 31 pending sale | 13 sold Average list price: $7,601,676 Average sale price: $3,468,923 Average days on market: 101 Condominiums Malibu […]
Malibu Real Estate Market Update: February 2021
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 […]
Malibu Real Estate: 2020 Year in Review
2020 will go down in history as a year of uncertainty. While it would be easy to recap the global pandemic, erratic stock markets, and political upheaval of 2020, we will leave that to the news. Instead, we will be analyzing the 2020 Malibu real estate market. Our local market outperformed years prior and demand […]
Malibu Neighborhoods: Malibu West
Just west of Zuma beach on Malibu’s landside, the neighborhood of Malibu West is one of Malibu’s hidden gems. This highly desirable neighborhood is best known for its family-friendly feel, stunning single-level ranch homes, and Malibu West Beach Club rights. History Most of the homes in Malibu West were originally designed by architects Nisan Matlin and […]
The Effects of Coronavirus on the Malibu Market
The coronavirus pandemic and resulting economic uncertainty have affected all of us. Despite many of the predictions, Malibu’s housing market has remained strong. 2019 vs. 2020 Last year in the wake of the Woolsey Fire, our local real estate market halted completely for months. In comparison, during the pandemic, these last few months have been […]
Malibu Housing Market Update | Q1 2020
2020 Quarterly Update: Q1 January-March As you all know, we are amidst some very uncertain economic times due to the Coronavirus which has severely slowed the real estate market nationwide. Although real estate has been deemed an essential business according to CISA, local orders are still in place which prevent agents from performing crucial business […]
Malibu Home Prices Steadily Rising: Mortgage Rates Drop
Malibu Real Estate Market Report From all reports, including statements from one of America’s most prolific and successful investors, the real estate market in general is strong, and the future looks bright. Locally, Malibu home prices are on the uptick, with a 30% rise in the median home sales price compared to three years ago. Home prices throughout Los […]
