Justin Tye

Malibu, CA

Single-Family Homes

Active Realty I REAL



Malibu, CA

Thu Jun 20 2024
This week the median list price for Malibu, CA is $7,499,000 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has increased to 175. Click here to stay informed with the Malibu market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Malibu, CA

Thu Jun 20 2024
This week the median list price for Malibu, CA is $7,499,000 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has increased to 175. Click here to stay informed with the Malibu market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Malibu market.
Median List Price $7,499,000
Median Price of New Listings $11,500,000
Per Square Foot $2,192
Average Days on Market 181
Median Days on Market 98
Price Decreased 34%
Price Increased 0%
Relisted 9%
Inventory 175
Median Rent
Market Action 26
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$29,900,000 5,232 1 - 2.5 acres 5 6 30 3 1 119
$10,995,000 4,101 0.5 - 1 acre 4 5 33 2 2 91
$6,225,000 3,700 1 - 2.5 acres 4 4 43 0 0 98
$3,622,500 2,313 0.25 - 0.5 acre 3 3 48 2 4 119