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 […]
5 Tips for Submitting a Successful Offer in a Seller’s Market
In today’s competitive real estate market, lack of inventory and high buyer demand has led to multiple offer scenarios, bidding wars, and ultimately many disappointed buyers. If you have been actively looking for a home this year, you may have experienced this first-hand. Here are a few tips to set yourself up for success the […]
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 Housing Market Update | October 2018
Fall 2018 Quarterly Update If you are subscribed to our newsletters, then you know that every month we send out a year-to-date report of everything that has sold both on the beach and land sides of Malibu. We pride ourselves on providing informative monthly Emails to our friends, clients, and agent contacts. That said, we […]
