Do you know which beaches in Malibu had the most sales this year?

by ritasimpson on November 15, 2011

in How's The Market

All in all, according to the MLS there were 25 homes sold at the beach in Malibu so far this year Ten of which were above $5,000,000 ( more counting private sales).

So what  do you think were the most popular beaches? And the most popular price point? Be sure to check out each of the areas described

Malibu Road delivered substantial sales in the last quarter with 4 sales averaging $10,687,000 A high of $13,750,000 and a low of $8,000,000. check them out:

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

In the Colony,  3 sales so far averaging $12,580,000

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

followed by one sale in La Costa beach at $6,562,000 and one at Encinal Bluffs at $7,750,000.

 

The area with most sales, 7 in all, was south of Las Flores Canyon.That is the area closest to Santa Monica. The beaches there are usually more wet than dry, and the homes sort of sit on the waves. The average price paid was $2,459,000, with the least expensive selling for $1,475,000  for a home that needed substantial work to $3,500,000 for a lovely retro, with a very restful garden area and lots of charm. Take a look here to see

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

Next in volume was the areas North of Broad Beach. This area of Malibu consists of pockets with diverse characteristics, from very secluded, to community niches along county line. In the lower ranges we had 3 sales at County Line averaging $1,624,000, the lowest at $1,199,000 and the highest at $2,075,000 for a gorgeous totally remodeled Ocean Front unit.

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

Closer into Malibu by Broad Beach we had 3 home sales averaging a sold price of  $3,800,000 with the highest being  $5,350,000 offered on an outstanding architectural home on Sea Level beach in what I would call one of the best deals on the beach this year!

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

 

If you need more information give me a call.

 

 

 

 

 

 

 

 

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