Prices Are Up! The Malibu Real Estate Market YTD Update
30 December 2007 · by Mike Gardner Malibu Real Estate Agent 310-699-8428

dsc_005

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 

Tags: , , , ,

Comments are closed.