Malibu Real Estate Blog - Monday 11-09-2009 - Malibu Weekly Market Snapshot

Market Analysis Report

 

# of Listings Average DOM Low Price $ Median Price $ High Price $ Average Price Total $ *Avg. Price w/ Sq.Ft. $ *Average Sq. Ft. *Avg. Price/Sq.Ft. $ ***Avg. Price w/ LSZ $ ***Average LSZ ***Average Price/LSZ $ Average SP/Average LP

Active 124 131 1,975 607,000 14,995,000 1,544,173 1,549,315 3,032.12 510.97 1,638,686 102,187.14 16.04 --

Backup 1 59 550,000 550,000 550,000 550,000 550,000 995 552.76 N/A N/A N/A --

Hold -- -- -- -- -- -- -- -- -- -- -- -- --

Pending 7 167 375,000 985,000 9,500,000 4,082,857 3,646,667 2,611.33 1,396.48 4,599,167 6,626.17 694.09 --

Sold LP 15 121 2,600 5,000 11,900,000 1,023,741 163,593 2,953.17 55.40 1,023,741 333,443.07 3.07 --

Sold SP ** 15 121 2,500 5,000 10,300,000 898,408 153,426 2,953.17 51.95 898,408 333,443.07 2.69 87.76%

Expired 24 234 2,100 599,500 22,500,000 1,881,025 954,979 2,275.16 419.74 2,119,663 198,924.89 10.66 --

Canceled 2 143 3,250 999,625 1,996,000 999,625 999,625 1,701 587.67 999,625 7,083 141.13 --

Withdrawn 14 205 2,600 505,000 5,840,000 1,010,643 826,846 1,789.77 461.98 1,277,833 299,377.33 4.27 --

* = Square footage calculations do not include those listings with a reported square footage of zero (34 such listings were found).

*** = Lot size calculations do not include those listings with a reported lot size of zero (25 such listings were found).

** = All calculations in the "Sold (Sold Price)" column do not include those Sold listings with either a reported square footage of zero or a reported Selling Price of zero (0 such listings were found) or a reported lot size of zero (0 such listings were found).

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Westside Properties is a full-service real estate boutique brokerage based in Pacific Palisades serving the entire Westside of Los Angeles. We proudly represent the finest properties throughout the Westside.
We work as a team and combine our extensive real estate experience, powerful resources and connections to benefit you whether you are looking you buy or sell a home in today's exciting and lucrative real estate market.

Call us now to get started on the road to buying or selling your next home.

310.459.8191 or email info@wsprops.com

To preview the finest real estate and the best deals on the Westside of Los Angeles including Pacific Palisades, Santa Monica, Malibu, Brentwood, Bel Air, Beverly Hills, West L.A., Marina Del Rey & Mar Vista please visit our website: http://www.westsidehomefinder.com/ When you are ready to view the properties or just have a question, please contact us: 310.459.8191 or info@wsprops.com

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