The Malibu Real Estate Blog

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: appreciation, beach, for sale, homes, Malibu Real Estate Prices

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