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Bobby Lehmkuhl

Malibu California Real Estate – Malibu Homes – Malibu Homes For Sale - Market Update - 4Malibu.com

Malibu California Real Estate Market Activity

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. Copyright © 2009 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.


For information on stats from January 1, 2009 - current, visit:

http://www.4malibu.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2134403

Beachfront (as of Nov. 5, 2009) Landside (as of Nov. 5, 2009)
# of Actives Price Range # of Actives Price Range
SFR 76 $875,000 - $36,000,000 SFR 268 $269,000 - $65,000,000
Condos 31 $525,000 - $5,900,000 Condos 38 $389,000 - $1,995,000
Leases 160 $1,200 - $100,000 Leases 155 $1,600 - $250,000
Land 7 $198,500 - $12,500,000 Land 237 $24,900 - $29,999,999

OCTOBER 2009 SALES / LEASES
SINGLE FAMILY - LANDSIDE
Address LP SP BR BA SF LSZ YB
29500 Heathercliff Rd. #258 $325,000 $285,000 3 2 1,650 3,000 1974
2847 Searidge St. $625,000 $605,000 3 3 - 5,506 1950
5936 Paseo Canyon Dr. $1,065,000 $935,000 3 3 2,196 13,226 1970
3707 Oceanhill Way $1,100,000 $1,212,500 4 2.5 2,263 6,554 1972
29607 W. Hidden Park Dr. $1,795,000 $1,665,000 4 4.5 4,774 80,210 2007
6722 Fernhill Dr. $1,995,000 $1,748,690 3 1.75 1,693 27,878 1957
4789 Latigo Canyon Rd. $2,275,000 $2,040,000 4 4.5 4,614 145,054 2001
32915 Calle De La Burrita $2,300,000 $2,075,000 4 4 3,519 28,800 1991
5353 Horizon Dr. $2,495,000 $2,430,000 4 4.5 - 13,000 2003
21570 Rambla Vista $2,750,000 $2,500,000 4 4.5 3,258 4,008 2002
28802 Teal Terrace $2,800,000 $2,200,000 4 3.25 4,292 84,271 1989
29670 Harvester Rd. $3,399,000 $2,650,000 4 3.5 3,503 33,106 2003
SINGLE FAMILY - BEACHSIDE
Address LP SP BR BA SF LSZ YB
19260 Pacific Coast Hwy. $2,395,000 $21,35,000 2 2 1,836 1,389 1979
7271 Birdview Ave. $5,395,000 $4,700,000 4 3 2,942 33,000 1958
23560 Malibu Colony Rd. $11,900,000 $10,300,000 5 6.5 - 6,957 1990
CONDOS - LANDSIDE
Address LP SP BR BA SF LSZ YB
6435 Zumirez Dr. #1 $995,000 $870,000 2 2.5 2,204 - 1991
CONDOS - BEACHSIDE
Address LP SP BR BA SF LSZ YB
11966 Oceanaire Ln. $599,900 $590,000 2 2 995 1975
20638 Pacific Coast Hwy. #3 $725,000 $680,000 1 1 576 1961
26666 Seagull Way #C109 $999,999 $900,000 2 2 920 1973
LEASES - LANDSIDE
Address LP SP BR BA SF LSZ YB
23901 Civic Center Way #122 $2,500 $2,600 2 1.5 1,000 1,599 1972
6482 Cavalleri Rd. $2,500 $2,450 2 2 1,056 2,239 1975
29500 Heathercliff Rd. #81 $2,900 $2,700 2 2 1,400 3,000 1971
28400 Rey De Copas Ln. $2,995 $2,995 2 2.5 1,306 2,469 1974
28318 Rey De Copas Ln. $3,600 $3,600 2 3 1,821 2,957 1974
6489 Cavalleri Rd. #202A $3,865 $3,865 2 2 1,557 5,283 1991
21003 Pacific Coast Hwy. $3,995 $3,500 3 2 1,600 15,050 1930
6489 Cavalleri Rd. #305 $4,000 $4,000 2 3 1,863 5,283 1991
4134 Maguire Rd. $4,250 $4,000 4 3 2,637 5,990 1999
6416 Sea Star Dr. $4,300 $4,300 3 2 1,807 8,638 1974
6489 Cavalleri Rd.#413D $4,850 $4,850 3 3.5 1,981 470,000 1991
29500 Heathercliff Rd. #42 $5,000 $5,000 4 4 3,090 2,250,309 1969
6489 Cavalleri Rd. #408 $5,400 $5,400 3 3 2,188 5,283 1991
6722 Fernhill Dr. $5,500 $4,000 3 1.5 1,693 27,878 1957
7261 Birdview Ave. $5,500 $5,000 3 2.5 - 43,996 1963
24612 Vantage Point Terrace $6,500 $6,000 4 3.5 3,341 13,765 1975
20740 Las Flores Mesa Dr. $6,500 $6,000 4 4 3,228 14,810 1999
30001 Zenith Point Rd. $6,700 $6,600 4 2.5 2,231 136,778 1979
6231 Murphy Way $15,000 $15,000 5 4 5,098 39,212 2002
LEASES - BEACHSIDE
Address LP SP BR BA SF LSZ YB
25444 Malibu Rd. $5,250 $5,000 1 2 - 8,546 1958
25363 Malibu Rd. #2 $5,495 $5,495 3 3 - 7,875 -
25346 Malibu Rd. $6,000 $5,000 1 1 936 7,950 1947
7005 Birdview Ave. $6,300 $5,800 3 2 - 25,265 1956
22648 Pacific Coast Hwy. #5 $7,250 $7,150 2 2 1,150 15,682 1950
26645 Latigo Shore Dr. $12,500 $12,500 4 3.5 5,800 5,227 1993
25152 Malibu Rd. $15,000 $14,166 3 3 - 6,377 -
24748 Malibu Rd. $16,000 $14,000 3 3 1,740 7,418 1960
62 Malibu Colony Rd. $25,000 $25,000 5 4 2,617 10,395 1927
25250 Malibu Rd. $35,000 $29,000 5 5 4,300 7,200 2002
24748 Malibu Rd. $16,000 $14,000 3 3 1,740 7,418 1960
62 Malibu Colony Rd. $25,000 $25,000 5 4 2,617 10,395 1927
25250 Malibu Rd. $35,000 $29,000 5 5.5 4,300 7,200 2002
LAND - LANDSIDE
Address LP SP BR BA SF LSZ YB
0 Eaglepass Dr. $299,000 $131,000 84,071


For more info, email Info@4Malibu.com or call (310) 365-7696. 4Malibu.com

State of California D.R.E. Broker License # 01457517

REOTrans Certified

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For more information please email Bobby@4Malibu.com or call (310) 365-7696. 4Malibu.com State of California D.R.E. Broker License # 01457517

Point Dume (Pt. Dume), Malibu, California - Market Activity - Malibu Homes – Malibu Homes For Sale - Malibu Real Estate - 4Malibu.com

4Malibu.com

Bobby Lehmkuhl ׀ Danielle Dutcher


POINT DUME, Malibu, CA

MARKET ACTIVITY

Point Dume - Known as the "Malibu Riviera" due to its panoramic ocean views and private beachfront estates. It is hands down, one of the most beautiful spots in Southern California, with its rocky coves, headlands, cliffs and vast beach access. On a clear day, one can see the entire Santa Monica Bay to the north Malibu Coast, and even Catalina Island, which can be enjoyed on the bluff-top viewing platform.

Many celebrities have called it home; Johnny Carson, Madonna, Sean Penn, Barbara Streisand, Martin Sheen and Bob Dylan, to name a few.

Appreciation has been steady for the residents and over the years the neighborhood has grown statelier as trees matured and landscaping softened the views. Most homes have deeded access rights and keys for one of the three private gates to lead to the beach, rights that are part of the tremendous appeal and value of the neighborhood, so valuable that the gates have to be re-keyed annually, under tight security.

Even in today's ever changing market, properties in Point Dume are still transferring ownership. Prices on select properties have dropped, allowing some of those who have only dreamed of owning here, actually be in a position to call Point Dume home.

Below is the market activity on Point Dume from the beginning of the year through today.

Address Status LP SP BR BA SF LSZ
29201 Larkspur Ln. Active $1,970,000 5 3 27,443
29407 Bluewater Rd. Active $2,350,000 3 2 1,756 56,188
6915 Dume Dr. Active $2,393,000 3 2 1,808 57,935
7214 Birdview Ave. Active $2,995,000 7 6 27,878
6603 Dume Dr. Active $3,395,000 4 4 3,470 30,056
6805 Wildlife Rd. Active $3,800,000 5 4.5 6,091 36,817
29245 Ciffside Dr. Active $4,995,000 4 4.5 3,788 50,229
6574 Dume Dr. Active $4,997,000 5 4.5 72,745
7335 Birdview Ave. Active $5,840,000 5 6.5 6,957 20,063
6225 Zumirez Dr. Active $7,450,000 5 7 6,271 94,117
6835 Wildlife Rd. Active $7,495,000 6 9 8,254 61,846
29119 Cliffside Dr. Active $7,750,000 6 8.5 5,741 53,143
6725 Zumirez Dr. Active $7,900,000 4 3 46,174
28827 Grayfox St. Active $7,995,000 6 6.5 6,092 45,738
29149 Cliffside Dr. Active $8,900,000 6 8 8,242 52,708
7307 Birdview Ave. Active $10,500,000 4 3.5 4,502 47,300
7049 Birdview Ave. Active $12,995,000 5 7.5 6,397 45,738
6902 Wildlife Rd. Active $15,995,000 6 7 6,800 51,836
6837 Zumirez Dr. Active $17,495,000 4 4.5 4,209 55,757
6769 Dume Dr. Pending $2,675,000 5 3.5 60,984
6980 Dume Dr. Pending $4,395,000 5 5 3,522 44,431
6722 Fernhill Dr. Sold $1,995,000 $1,748,690 3 1.75 1,693 27,878
6637 Zumirez Dr. Sold $2,400,000 $2,200,000 4 2 1,900 22,499
29445 Bluewater Rd. Sold $2,595,000 $2,264,140 3 3 60,113
6769 Dume Dr. Sold $2,600,000 $2,120,000 3 3 2,576 54,450
28965 Grayfox St. Sold $4,499,000 $3,800,000 5 4.5 4,500 61,855
6934 Grasswood Ave. Sold $2,395,000 $1,900,000 4 3 2,344 44,867
6771 Wandermere Rd. Sold $2,295,000 $1,800,000 3 2.5 127,631
6692 Wildlife Rd. Sold $3,700,000 $3,300,000 5 5.5 4,600 60,426
7271 Birdview Ave. Sold $5,395,000 $4,700,000 4 3 2,942 33,000
28830 Cliffside Dr. Sold $15,750,000 $14,600,685 7 8 8,473 50,530
6843 Zumirez Dr. Sold $23,000,000 $16,500,000 5 8 3,649 51,836

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. Copyright © 2009 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.


For more information please email Bobby@4Malibu.com or call (310) 365-7696. 4Malibu.com State of California D.R.E. Broker License # 01457517

September Home Sales Rise Nationally - Malibu California Real Estate – Malibu Homes – Malibu Homes For Sale - Market Update - Pacific Coast Highway - 4Malibu.com

September proved to have one of the largest monthly increases in 26 years for home resales, due in large part to first-time home buyers rushing to make their purchase before the tax-credit expires on November 30. The NAR (National Association of Realtors) reported that sales were up 9.4 percent, for a rate of 5.57 million to the 5.1 million in August.

Although sales are up nationwide, prices are still down, reflecting all the foreclosures and short salesthat are still flooding the markets. Los Angeles, San Diego and Las Vegas top the foreclosure sales. More foreclosures are anticipated, as unemployment continues to rise, therefore, prices could fall even further. Supply will soon surpass the demand.

As the housing market is still a major concern, Congress is considering extending the tax credit for first-time buyers so that it includes all home buyers. But this would come at the cost of an estimated $16.7 billion.

To Search for Foreclosures in Malibu, CA, click here.


For more information please email Bobby@4Malibu.com or call (310) 365-7696. 4Malibu.com State of California D.R.E. Broker License # 01457517

Active Short Sales & REO listings, Malibu California Real Estate – Malibu Homes – Malibu Homes For Sale - Market Update - 4Malibu.com

4Malibu.com

Bobby Lehmkuhl • Danielle Dutcher

Broker Lic #01457517 • Broker Lic #01463653

DRE Certified Short Sale Negoitator


Active Malibu Properties as of October 21, 2009

Beachside

Landside

# of Actives Price Range # of Actives Price Range
SFR 71 $875,000 - $36,000,000 SFR 264 $269,000 - $65,000,000
Condos 34 $557,900 - $5,900,000 Condos 43 $379,000 - 1,995,000
Leases 165 $1,200 - $90,000,000 Leases 161 $1,600 - $50,000
Land 6 $198,500 - $13,500,000 Land 6 $24,900 - $29,999,999


SHORT SALES & REOs
MALIBU, CA
as of October 21, 2009

Address LP BR BA SF LSZ DOM SS/REO
26258 Fairside Rd. $800.000 4 3 1,796 5.955 360 SS
33439 Mulholland Hwy. $896,800 6 3 3,014 412,508 47 REO
11770 Pacific Coast Hwy. $949,000 3 3 1,854 3,799 601 SS
31341 Birdella Rd. 1,025,000 5 3 2,766 7,105 30 SS
20404 Roca Chica Dr. $1.075,000 3 3 2,612 11,186 85 SS
21549 Pacific Coast Hwy. $1,249,000 3 2 1,905 7,753 376 SS
10935 Pacific View Dr. $1,250,000 1 1 700 869,893 1253 SS
24311 Sylvan Glen Rd. $1,279,000 4 3.5 2,438 43,124 69 SS
6115 Paseo Canyon Dr. $1,595,000 3 2 1,647 17,598 384 SS
29343 Bluewater Rd. $1,749,000 3 2 2,593 48,325 1 REO
32150 Mulholland Hwy. $1,850,000 4 3 4,028 222,156 49 SS
24742 Saddle Peak Rd. $1,999,000 3 3 3,999 47,036 11 SS
31636 Sea Level Dr. $5,950,000 4 3.5 2,784 6,408 57 SS
Condos/Townhomes
Address LP BR BA SF LSZ DOM SS/REO
6485 Kanan Dume Rd. $389,000 2 2 1,056 - 12 SS
28212 Rey De Copas Ln. $460,600 2 3 1,306 1,947 70 REO
23901 Civic Center Way #C129 $490,000 2 2 902 - 11 SS
11948 Whalers Ln. $557,900 2 2 1,075 - 127 REO
6450 Lunita Rd. #122 $996,000 2 2.5 1,831 - 190 SS


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. Copyright © 2009 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.