When most people think of Malibu, their first reaction is that they conjure up and think of the Billionaires that call Malibu their home. The second reaction is they think of the 'who is who' of Entertainment Industry who call Malibu their home.
All this is true as you stop in to the various coffee shops, grocery stores as well as Restaurants indeed you run into most of those individuals whom you read about in the various glamor portals or magazines if you are old school.
Then they visualize the beaches of Malibu which consist of about 21+ miles. All this is than followed by imagining the stratospheric numbers that the homes must cost. Relatively speaking it is true, never the less there are opportunities for the average affluent buyer to be able to call Malibu their home is real.
The most expensive home in my Market are actually in Bel Air, Holmby Hills, Beverly Hills and Beverly Hills Post Office, NOT in Malibu. So with that said let's look at the actual numbers and you be the judge.
Yes the Average Sales Price is not for everyone, never the less reasonable for my market.
As you can see it is a relatively fast market for the price point. If you would like more detailed information or are considering buying or selling a home in Malibu, please reach out to me directly.
If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or firstname.lastname@example.org or visit one of my websites at http://www.endrebarath.com. I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations.