LivingMalibu.com » malibu beach home sales http://www.livingmalibu.com Malibu Real Estate-Malibu Homes For Sale Tue, 18 Jul 2017 20:51:46 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Malibu Beach Home Prices Soar http://www.livingmalibu.com/malibu-beach-home-prices-soar/ http://www.livingmalibu.com/malibu-beach-home-prices-soar/#comments Sat, 25 Jun 2016 21:18:48 +0000 ritasimpson http://www.livingmalibu.com/?p=3504

For the last couple of years Beach activity was stale. We would get a couple of spectacular sales but on average that market was lagging. Not Any More! this year the pace of homes sold has more than doubled and prices have soared. On average the Median Price for a Malibu beach house has gone ...]]>

For the last couple of years Beach activity was stale. We would get a couple of spectacular sales but on average that market was lagging. Not Any More! this year the pace of homes sold has more than doubled and prices have soared. On average the Median Price for a Malibu beach house has gone from $5,175,000 last year to about $8,875,000 so far this year. That is about a 70% jump UP!

Take a look at this gorgeous listing on Escondido Beach. One of may favorites! it’s on a super sandy beach that is open all the way to Point Dume, so you can enjoy those long walks watching the waves or dolphins, and even stop by for a drink at Paradise Cove Cafe on your way to the tide pools or surf points on Point Dume.

For more details on this or any other Malibu beach house call or email me. Id be happy to help.

We're sorry, but we couldn't find MLS # 16125854 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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Malibu Market Update http://www.livingmalibu.com/malibu-market-update/ http://www.livingmalibu.com/malibu-market-update/#comments Mon, 01 Apr 2013 00:08:25 +0000 ritasimpson http://www.livingmalibu.com/?p=2752

If you want to know what is going on in Malibu Real Estate today here is a glimpse:

Realtors are busy, busy in Malibu. Activity as been in a frenzy at the beach but is also catching on  for the land side market, meaning properties on the land side of Pacific Coast Highway.

Last year, during the ...]]>

If you want to know what is going on in Malibu Real Estate today here is a glimpse:

Realtors are busy, busy in Malibu. Activity as been in a frenzy at the beach but is also catching on  for the land side market, meaning properties on the land side of Pacific Coast Highway.

Last year, during the first quarter, we witnessed a good upsurge in market activity and it has not softened since. During the first quater last year, Malibu land side properties registered 39 closed transactions. This year, during the same period  Malibu had 45 closed transactions. This translates into a 15% increase in the number of units sold. The Median Price  also increased from $1,225,000 in 2012 to $1,588,888 in 2013 during the first quarter. That is a 29.7% increase.

Of the 45 sales on the landside so far this year 12 were  properties under $ 1 million, 32 transactions were for properties under $2 million and 40 transactions were for properties under $3 million, That is 88% of the transactions were under the $3 million price tag.  On the beach side to the contrary most transactions are happening on the upper end of the price Ranges. With 6 transactions closed so far this year, over 50% of the transactions on the beach are over the $7 million dollar mark. with the highest this month at $17 million, and another closing at $10.5 million. The Median has ticked up 10% from last year same period but the highest sold item was 3 times as expensive as last year, indicating a clear trend towards the most exclusive properties unlike previous years were we saw a clean up in the lower price ranges.

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

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Many Beach Homes Sales On Malibu Road! http://www.livingmalibu.com/many-beach-homes-sales-on-malibu-road/ http://www.livingmalibu.com/many-beach-homes-sales-on-malibu-road/#comments Thu, 06 Dec 2012 00:51:48 +0000 ritasimpson http://www.livingmalibu.com/?p=2559

Unlike the past year, Malibu Road had some great sales this year and some were fantastic bargains!

Malibu Road is one of the favorite beach areas for buyers. This is because not only the beach is great, but the location is close to the village so one can walk or bike to the stores and movie ...]]>

Unlike the past year, Malibu Road had some great sales this year and some were fantastic bargains!

Malibu Road is one of the favorite beach areas for buyers. This is because not only the beach is great, but the location is close to the village so one can walk or bike to the stores and movie theater, and traditionally it is one of the most established beach communities in town. It also is off the highway so it is much quieter, and as the residents walk on the street or on the long beach the residents get to know each other more naturally.

This year so far we had 10 sales on the road. The bargain was a tear down on a 12,000 square foot lot next to the Colony. It sold for $4,000,000. But that was not the only great deal on the road this year: Incredibly we had 8 deals under $6,000,000 and only above $7,000,000 and that was for a brand new never lived in before ultra modern home with an ocean side pool!

Here are the stats:

Low price was $4,000,000

Median price was $5,475,000

High Price was $7,300,000

Average $ paid per square foot was $1,851

Today there are 12 Malibu Road homes on the market. The cheapest one is a beautiful updated 2 bedroom 2,000 square foot home priced at $4980,000

The highest priced home on the market on Malibu road at this time is a 4,000 square foot home, completed in 2010. Its a gorgeous modern offering over 4,000 square feet of luxurious interior and generous decks all around to enjoy the gorgeous views and relax in plein air at the shore. Take a peak:

For the Properties offered for sale on Malibu road the stats look a little diffrent:

Low Price id $4,980,000

Median Price is $ 8,949,000

High Price is $ 12,950,000

The Average asking price per Square foot is $2,871

Take a look here for all the Malibu road Beach homes on the market:

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

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Malibu Real Estate Market Update http://www.livingmalibu.com/malibu-real-estate-market-update-2/ http://www.livingmalibu.com/malibu-real-estate-market-update-2/#comments Thu, 08 Nov 2012 02:18:02 +0000 ritasimpson http://www.livingmalibu.com/?p=2489

It’s been a great year for Malibu Beach Home sales, especially for those priced between $5 and $10 million. In this bracket sales surged 933% from the sales last year in the same price bracket, quite a surge! meanwhile the priced paid per square foot of those homes dropped by an average of 25% although ...]]>

It’s been a great year for Malibu Beach Home sales, especially for those priced between $5 and $10 million. In this bracket sales surged 933% from the sales last year in the same price bracket, quite a surge! meanwhile the priced paid per square foot of those homes dropped by an average of 25% although Sold to list price ratio remained constant at 90% This meant Sellers were pricing their properties close to Market level. The median remained unchanged In the $6.5 million range.

Here are three of the best buys at the beach so far this year:

This gorgeous Encinal Beach property Sold at $7,600,000 in June.

This other home on Malibu Road is another example of the great buys at the beach this year. It closed in May at $7,300,000

ocean front pool

And this Malibu Cove Colony Beach home wich also closed in May at $4,367,500.

Twenty seven properties are on the market in this popular Price range and a few are quite the deal. Call me if you have any questions, or would like to take a peak.

The other price brackets: Under $2 million, between $2 and $5 million and over $10 million The sales volume, price paid per square foot and ratio of Sale Price to List price  90+- % remained constant for 2011 and 2012.

On the land side of Pacific Coast Highway however the big action was on the under $2 million dollar range. Here sales surged 45% and while the Median remained constant at $1.2 million the price paid per square foot declined about 20%. There are 41 such properties on the market right now.

The other price range that performed better this year than last year was the $2 to $5 million dollar range. Here sales increased by 34% and while the median also remained constant the price paid per square foot went up by 5%.

Here are some of the beautiful Malibu landside homes that sold:

This 4,500 sqft home with pool and spectacular ocean views sold for $2,035,000 in September.

This other in a gated community went for $3,100,000.

 

And last but not least this impeccably appointed home with La Costa Beach rights, sold in May for $3,450,000

There are 59 homes currently on the Market in Malibu in this price range. Call or email me for the best selection.

 

 

 

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