Point Dume Land Market Report: Recent Sales & Current Inventory
Point Dume continues to see meaningful activity as the neighborhood moves forward with its recovery and rebuild following the 2018 Woolsey Fire. Over the past 12 months, 7 lots have sold, ranging from $975,000 to $4,055,000, with 2 currently offered for sale. At the same time, new homes are taking shape and several notable home […]
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 […]
Real Estate: What Do “Contingent” & “Pending” Mean?
In today’s competitive real estate market, homes in Southern California and across the country are entering escrow faster than ever. Sellers are often receiving multiple offers within days of listing and bidding wars between buyers then ensue. Once a home is in escrow, it is marked on the Multiple Listing Service as either under contract, […]
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 […]
The Woolsey Fire: 18 Months After
It has been a year and a half since the Woolsey Fire swept through Malibu. The fire was one of the areas most destructive events. It damaged at least 670 structures and damaged over 400 single-family homes. In the wake of this tragedy, Malibu has shown incredible resilience. The charred debris have mostly been cleared […]
Selling Homes on Malibu’s Land Side
Just like that, Summer is drawing to a close. Kids are going back to school and the air is feeling a little bit cooler. So what has happened so far this year off of the beach in Malibu? The further you get from the beach and the higher the price, the longer a listing typically […]
