The Real Estate Market in the 90265 zip code also known as Malibu is always interesting not only to local buyers and sellers, but there is a huge interest from International Buyers as well. So with that said let us look at it from close up.
Malibu, CA 90265
Tue Sep 13 2022
This week the median list price for Malibu, CA 90265 is $7,695,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 110.
I have been saying this for quite some time to anyone who was willing to listen or read. So with that said here is Altos Research's words not mine:
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Each segment below represents approximately 25% of the market ordered by price
Corrected version via a photo instead
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