The Malibu housing market is not very competitive. The median sale price of a home in Malibu was $4.3M last month, up 7.6% since last year. The median sale price per square foot in Malibu is $1.45K, down 29.1% since last year.
In March 2024, Malibu home prices were up 7.6% compared to last year, selling for a median price of $4.3M. On average, homes in Malibu sell after 139 days on the market compared to 118 days last year. There were 14 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$4,338,450
+7.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Malibu, CA
$4,338,450
+7.6%
United States
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How hot is the Malibu housing market?
Malibu is not very competitive. Homes sell in 140.5 days.
0
100
2
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 141 days.
Hot homes
can sell for about 2% below list price and go pending in around 86 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Malibu
Explore recent offers and recently sold homes in Malibu
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Malibu housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Malibu.
Risk Factor
Flood Factor - Extreme
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Malibu has an extreme risk of flooding. 1,189 properties in Malibu are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Malibu. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Malibu has a major risk of wildfire. There are 5,888 properties in Malibu that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Malibu.