Malibu DATA*
Feb 2014
6 month
3 month
Feb 2015
% change
Median Price ..........................................................
$817,500
$1,100,000
$845,000
$2,050,000
150.8%
Average Price per Square Foot ...........................
$478
$536
$607
$855
78.9%
Properties Sold .......................................................
2
4
4
1
-50.0%
Properties Pending Sale .......................................
2
6
0
2
0.0%
Properties For Sale ................................................
22
33
22
21
-4.5%
Days on Market (Pending Sale) ...........................
32
51
0
14
-56.2%
Month’s Supply of Inventory ................................
11
8.2
5.5
21
90.9%
Percent Under Contract ........................................
9.1%
18.2%
0.0%
9.5%
4.8%
Average Median Price for Last 12 Months ........
$693,000
$1,052,500
$1,118,333
$945,577
36.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot FEB
$817
MAR
$2,050,000
APR MAY
MEDIAN SALES PRICE
JUN
$855
JUL AUG
AVERAGE PRICE PER SQ FT
SEP OCT NOV
21 MONTH’S SUPPLY OF INVENTORY
DEC JAN FEB
$2.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : February 2015
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