Malibu Market Update

Found on the Internet- 1956 Malibu Fire news article!

So while perusing the Internet, I found a really old news article on a 1956 Malibu fire here.  It goes on about how an expensive $75,000 Malibu home was in the line of fire, pun duly intended.  It's interesting, give it a read!

New on the Market in Malibu!

 

1.  30606 La Sonora Dr.

Malibu, CA 90265

MLS # 11-553525

$1,800,000 

2. 2323 Stokes Canyon Rd.

Calabasas, CA 91302

MLS# 11-553661

$1,365,000

3. 26734 Latigo Shore Dr.

Malibu, CA 90265

MLS# 11-553753

$450,000

Monday Market Update!

Here is the market update for the last 7 days in Malibu, Beverly Hills/Beverly Hills Post Office, and Bel Air.  They reflect number of listings, median price, and days on market in these areas.

Malibu

Bel Air

Beverly Hills

The Final Countdown

21804 Pacific Coast Highway

Malibu, CA

MLS 11-543679

It's a big deal, Carol Bird's 22 million dollar on Carbon Beach.  It's in 4 days!  There have been many, many articles questioning whether or not we can still call Carbon Beach "Billionaire's Beach" at this point based on the fact that homes of such opulence are being taken to auction.  But this, in addition to other auctions done in Malibu, would seem to indicate that even Malibu is not immune to the market fluctuations, and auctions are a way to ensure a buyer. 
So, if you have an extra 22 million dollars  and want to put in a bid, September 18th @ 12:00- be there or be square!

Just on the market in Malibu!

1.

6725 Portshead 

MLS# 11-551713

$2,695,000

4 bedrooms, 5 bathrooms

Listed on 9/10/11

2.

3224 Malibu Canyon Rd

MLS#11-551755

$1,499,000

3 bedrooms, 2.5 bedrooms

Listed 9/10/11

IN ESCROW: 7064 Fernhill

IN ESCROW: 7064 Fernhill Drive 

This beautiful home that is two properties located on 1.1 acres sold after being put on the market just last month.  We're all ecstatic, especially at the expeditious manner in which this house sold!  We are all pleased to announce that Point Dume will be welcoming some new residents very shortly.

In remembrance of 911.

Though no reminder is needed, we urge everyone to have a moment of remembrance for the 3,000 people killed on 9/11/2001 on tomorrow, the tenth anniversary.  These people should remain in the collective national memory, but give special care tomorrow to remember our lost ones.  This is an article about a Facebook application that allows you to do just that via status update, to tell all your friends how you're remembering this tragic date in history.

New listings in Malibu

So in the past two days, this is what has gone on the market in Malibu:

1. 29225 Cliffside Dr.
Listed at 6,499,000
4 bedroom, 4 bathroom, 3700 sq. ft.
HIGHLIGHTS: Pool, tennis court, beautiful garden.

2. 23308 W. Pompano St.

Listed at $1,495,000 

4 bedrooms, 3 bathrooms

HIGHLIGHTS:  This is on broker caravan today! Pool, outdoor kitchen, spa.

3. 31844 Seafield Dr. 

Listed at $2,995,000

4 bedroom, 3.5 bathroom

HIGHLIGHTS: Wine cellar.  Need I say more??

6 Malibu Properties in Escrow this week!

In the last week, 6 properties went into escrow in the Malibu area!  That's more than the average week (see previous market analyses.)  Here's some details & a picture of each:


1. 

12440 Yellow Hill Rd

$4,250,000

Listed on 2/23/11, 183 days on the market

Sold by Rodrigo Iglesias & Richard Hilton

2.

23814 Malibu Crest Dr

$4,998,500

Listed on 6/22/11, 64 days on the market

Sold by Randy Wright and Rande Gray

3.

27522 Latigo Bay View Dr.

$7,950,000

Listed 9/24/10, 302 days on the market

Sold with Chris Cortazzo and Bruce Mibach

*Beautiful property photo!

4.

6210 Ocean Breeze Dr.

$4,999,000

Listed on 1/14/11, 202 days on the market

Sold by Irene Dazzan-Palmer & Sandro Dazzan

5.

133 Paradise Cove Rd.

$2,275,000

Listed 4/12/11, 140 days on the market

Sold by David Carter & Kirk Murray

6.

1735 Manzanita Park Ave.

$612,500

Listed on 5/12/11, 92 days on the market

Sold by Alexandra North