High End Market Update. Numerous Malibu Homes Headed For Sale.
27 September 2010 · by Mike Gardner Malibu Real Estate Agent 310-699-8428

There are some serious deals going down within the Malibu Real Estate market right now. Despite the public’s perception that nothing is moving, numerous high end Malibu  homes, beach houses, and ocean side lots listed for sale are either in escrow or have closed in the last 30 days. I think it’s a clear sign that buyer’s are seeing opportunities and are taking advantage of it. Across the board agents I know are reporting that showings on luxury homes are way up and that this is the busiest they’ve been in years.

Here’s a recap of the action  in the last thirty days for Malibu homes above $2m

23808 Malibu Road $24,000,000 in escrow

23816 Malibu Road $15,900,000 SOLD

6051 Philip $14,995,000 in escrow

28126 Pacific Coat Highway $14,500,000 in escrow

28884 Cliffside $12,500,000 pending

3510 Sweetwater Mesa $12,500,000 looking for backup

33330 Pacific Coast Higway $8,595,000 Sold

28936 Grayfox $4,995,000 Looking for backup

28169 Rey De Copas $3,250,000 Sold

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