Live The Dream!

by ritasimpson on October 22, 2014

in How's The Market

Don’t let the reputation of Malibu being a town of Celebrities and Tycoons deter you from finding your dream home right here.

While it is true that Malibu is a peaceful enclave and hideaway for the very rich and famous, there are also plenty of average income families that live here and enjoy the amazing beauty and amenities that come with making Malibu your home.

Today the median price in Malibu is about $3,200,000, but there are plenty of other opportunities to make Malibu your home if you want to spend under a million dollars.

From homes to condos or even the famous Malibu beach mobile homes. Choices are varied but the joy is the same, take a look at some of the options on the market today.

There are over 659 condominium units in Malibu, and while inventory of properties for sale is down by 15% from 2 years ago those who bought in that period benefited handsomely from their decision: The Median increased by 82%  for the overall Malibu condo market, while condos at the beach had their medians go up by an astounding 669%!  So don’t be shy!

There is a wide variety of Condominium choices in Malibu. The most affordable ones are the Complexes near Pepperdine University and the Malibu Garden complex, where the Median is in the mid $500K. You can also shop a handful of other complexes like the Tivoli Cove (beach side), The Pointe and Zumirez to name a few in the under one million dollars range. After that you will step into the territory of the under one million and a half. Here you will have a variety of locations from closer into town to all the way in West Malibu and enjoy wider views and a more rural atmosphere.

Here are some choices on the market today. This is just a sample. Please don’t hesitate to call me 310-617-0996 if you want to explore the possibilities.

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

 

 

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Post by Rita Simpson

Rita has written 468 articles.



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