LivingMalibu.com » Malibu Beach Market update 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 Values Continue to Rise http://www.livingmalibu.com/malibu-beach-home-values-continue-to-rise/ http://www.livingmalibu.com/malibu-beach-home-values-continue-to-rise/#comments Sat, 15 Aug 2015 21:40:04 +0000 ritasimpson http://www.livingmalibu.com/?p=3456

Malibu Beach home sales has been steady for the last three years, with an almost even number of homes sold each year during the same period January through August 15th. Prices though have been inching up every year at an average of 5.5% and sales are closing at 96% of asking on average.

The good news ...]]>

Malibu Beach home sales has been steady for the last three years, with an almost even number of homes sold each year during the same period January through August 15th. Prices though have been inching up every year at an average of 5.5% and sales are closing at 96% of asking on average.

The good news is that there is a home for almost every pocket book, if you start in the $2 million dollar range…

Here is a nice selection of various price points to give you an idea:

 

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

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Malibu Beach Market Update http://www.livingmalibu.com/malibu-beach-market-update/ http://www.livingmalibu.com/malibu-beach-market-update/#comments Wed, 18 Jun 2014 19:41:57 +0000 ritasimpson http://www.livingmalibu.com/?p=3215

The first 6 months of 2014 had mixed results for the Malibu Beach homes market. While homes in the $5 to $10 million dollar range had a 200% increase in sales this year. The total sales volume for the beach house market was down 24% from last year, so most sales were of the Mid-High ...]]>

The first 6 months of 2014 had mixed results for the Malibu Beach homes market. While homes in the $5 to $10 million dollar range had a 200% increase in sales this year. The total sales volume for the beach house market was down 24% from last year, so most sales were of the Mid-High end properties.  Prices in the most active price range of $5 to $10 million dollar properties saw the Median appreciate by 12.6%, while properties in the over $10 million dollar range saw the median go up by almost 27% but had a 30% of the sales as compared to last year.  Contrary to common intuition, the properties that remained flat were the lower priced properties,  the under 5 million dollar range, which had half the sales this year than the same period a year ago.

Here are charts comparing last 2 years activity. Be sure to compare each month to its corresponding month for a more accurate insight.

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