Malibu Market update

Thumbnail image for Buying a Malibu Beach House

Buying a Malibu Beach House

by ritasimpson March 5, 2014 Deal Of The Month

Malibu beaches are diverse and so are the prices that similar homes may command. Just before the summer hits, I will give you the Best Buys for Malibu Beach homes in each area right now.

Keep in mind, some of the factors that influence the price differences is the physical nature of the site, the other …

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Thumbnail image for Malibu Posted The Most Expensive Real Estate Sale In The Nation Last Year

Malibu Posted The Most Expensive Real Estate Sale In The Nation Last Year

by ritasimpson February 7, 2014 How's The Market

 Luxury sales came roaring back to Southern California last year, and there is no reason to expect less this year.

Sales of homes priced over $1 million went up by 45% last year compared to 2012, and just 8% shy of the sales volume of homes over $1 million in 2007!

Malibu notched the most expensive sale last …

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Malibu Market Update 2013-2012

by ritasimpson January 7, 2014 Malibu Market Update

Malibu Real Estate has had a mixed story last year. While sales and prices of Single Family Homes showed a healthy appreciation last year, the Big Story  was the pace in sales volume of Condos, which outpaced SFH sales volume by 70%  and increased  Condos prices by 40% on average.

For homes on the land side …

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Thumbnail image for Slower Rise In Malibu Home Prices Offer Opportunity

Slower Rise In Malibu Home Prices Offer Opportunity

by ritasimpson August 30, 2013 How's The Market

Prices have continued to rise for Malibu properties in the second quarter but we are already experiencing a slowdown in activity in sync with the broader market. If you have been planning on purchasing a Malibu home, Malibu beach house or Malibu land, the coming months will be offer great opportunities for striking the best …

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Thumbnail image for Malibu Prices Up 30% over Last Year

Malibu Prices Up 30% over Last Year

by ritasimpson July 11, 2013 Malibu Market Update

As to be expected, Malibu home prices whether on the beach or on the land side have moved steadily and fast over the last 6 months. When compared to last year’s first semester, both beach and land side property prices have moved up about 30%, while the number of transactions remained flat. That is mostly …

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Malibu Market Update

by ritasimpson March 31, 2013 How's The Market

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 …

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Thumbnail image for Malibu Real Estate IN High Demand

Malibu Real Estate IN High Demand

by ritasimpson March 24, 2013 How's The Market

The spring homebuying season has kicked off  in Malibu with tight  housing inventories and Prices going UP.

Malibu  famous for it’s celebrity residents and gorgeous coastline is experiencing a run for the homes on the market with 90% increase  in properties under contract on the landside and a jump of 348% on the median price of …

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Latigo Canyon In Malibu Posted 5 Big Sales

by ritasimpson January 8, 2013 Latigo Canyon

After a quiet start, these Five Malibu homes, located in the first 2 miles of Latigo Canyon, sold in what looked like a shooting star parade. All five within a couple of months of each other. These were some of the great deals to be had in 2012: the homes were spacious averaging 5,200 square …

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Thumbnail image for September Malibu Home Sales Up 170% Over Last Year!

September Malibu Home Sales Up 170% Over Last Year!

by ritasimpson October 4, 2012 How's The Market

This year Malibu Home Sales have been up consistently month after month. The month of September was especially good with an overall jump of 170% more units sold this September compared to last year. But the success is not only in the number of unit solds, the improvement translates in all measures including the average …

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Thumbnail image for Malibu Home Prices Post 5% Increase In line with larger Market

Malibu Home Prices Post 5% Increase In line with larger Market

by ritasimpson September 26, 2012 How's The Market

Malibu Home prices, as a whole market, posted gains this year in line with the larger National Market but there was a huge jump for the Beach Front properties, which posted an unprecedented 84% increase in the Median from last year, during the same period, and  a 2 % increase over 2008 Median Prices!

The news …

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