Dec 30 2007
Prices Are Up! The Malibu Real Estate Market YTD Update
Here are the numbers showing what’s happening to land-side homes in Malibu from Nov. 06 YTD to Nov. 07 YTD.
- The number of new listings decreased from 444 to 389 or -12.99%
- The number of sold units decreased from 177 to 146 or -17.51%
- The median sales price increased from $1,865,000 to $2,197,500 or an increase of +17.83%!
Here are the numbers for real estate on the beach.
- The number of new listings increased from 106 to 117 or +10.39%
- The number of sold units increased from 36 to 44 or +22.22%
- The median sales price increased from $4,247,521 to $6,407,531 or an increase of +50.85%!
Click here to see the chart. http://forms.themls.com/forms/la_times_news/12_16_07_LA_Times_Article.pdf
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I guess it really is different here.