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Malibu Luxury Real Estate: 2011 Q1 Malibu Houses for Sale Closed vs 2012 Q1 Malibu Houses for Sale Closed

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Malibu Luxury Real Estate has analyzed market data avaialble to it from the MLS to analyze Malibu Homes for Sale that closed escrow in Q1 2011 versus Malibu Homes for sale that closed escrow in Q1 of 2012. Please note Malibu Luxury Real Esate used data from Section 33 of the MLS so this is not Malibu beach real estate market data relating to Malibu Beach Houses for sale that closed in these time periods. This Malibu real estate market data is regarding Malibu Houses for Sale that are on the mountain side of PCH. For specific data on Malibu beach real estate relating to Malibu beach houses for sale that closed Q1 2011 versus Malibu Beach Houses for Sale that closed in Q1 2012 please see a previous blog post on Malibu Luxury Real Estate which focuses purely on Malibu Beach Houses for sale only. Q1 2011 Malibu Luxury Real Estate Research: The total Malibu houses for sale that closed escrow in the Q1 2011 Malibu real estate market were only 22 Malibu houses out of a significant pool of inventory of Malibu houses for sale. The average number of days Malibu houses for sale were on the Q1 2011 Malibu real estate market before the Malibu houses for sale closed escrow was a significant 214 days on the Malibu real estate market. Of all the Malibu houses for sale in Q1 2011, the Malibu houses for sale that sold and closed achieved an average sale price of $2.318m. Some of the Malibu luxury homes for sale sold in excess of $6 million even though not a Malibu beach house. Q1 2012 Malibu Luxury Real Estate Research: The total number of Malibu houses for sale on the Malibu real estate market that closed escrow in Q1 of 2012 was 38 Malibu houses sold. This represented an increase of 72.7% Malibu houses for sale that sold in Q1 2012 Malibu real estate market over Malibu houses for sale that sold in Q1 2011 Malibu real estate market. The average number of days on the Malibu real estate market in Q1 2012 for Malibu houses for sale going from listing to a close of escrow was 160 days versus 214 days in Q1 2011 Malibu real estate market. This represents a 25% faster turnover of Malibu houses for sale selling. The average price for a Malibu house for sale that closed escrow in the Q1 Malibu real estate market was $1.763 Million versus $2.318 Million in the Q1 2011 Malibu Real Estate market place. So what does all this data tell us? Malibu Luxury Real Estate believes the Malibu real estate market has bottomed and that savvy people in the know of the Malibu property market have re-entered the market place to scoop up under priced Malibu homes for sale while they are still priced at bargain pricing. This resulted in a lot more Malibu homes for sale closing (72.7% more), and the Malibu homes for sale selling in a shorter duration (25% faster). Why did the average Malibu home for sale drop in price from $2.318m to $1.763m. Malibu Luxury Real Estate has a couple theories about this. First, Malibu Luxury Real Estate believes that there was a glut of inventory of Malibu homes for sale in 2011 and with moderate demand for Malibu real estate for sale, desparate sellers dropped prices for their Malibu homes for sale driving the pricing achievable for Malibu homes for sale downward. Second, Malibu Luxury Real Estate believes that a significant amount of demand has been generated for Malibu homes for sale under $2 million by historically low interest rates which make the real cost of owning a Malibu house significantly less. Since most or at least many purchasers of Malibu luxury homes for sale in excess of $2 million are cash buyers for Malibu luxury homes, and since financing jumbo loans in excess of $2 million is both more difficult and in many instances less desirable or a hassle for "the 1%", the low cost financing for Malibu homes for sale that are less than $2 million has fueled demand for the lower priced Malibu homes for sale. Malibu Luxury Real Estate believes this is in part an explanation for the lower average Malibu home price. Malibu Luxury real estate believes it was dealing with a small sample of data (only 22 Malibu homes and 38 homes respectively ), and that a 25 reduction in the average price paid for a Malibu home for sale is not soley represented by a loss of value, but partially represented by the types of Malibu homes selling in Q1 2012 Malibu real estate market versus the Q1 2011 Malibu real estate market being lesser expensive and lesser valuable Malibu homes as Malibu homes for sale that are valued and priced at under $2 million are simply more easy to be financed and the historically low finance rates are driving up demand. To receive additional market updates like this from Malibu Luxury Real Estate please sign up to be on the Malibu Luxury Real Estate email list. For questions about the current Malibu real estate market, about what your Malibu luxury home might be worth in today's hot Malibu real estate market, or to find the best values in Malibu homes for sale, please contact Mitch Hagerman, Malibu real estate broker DRE#01897348. Mitch can be reached at 310-963-4358 or at Mitch@MalibuLuxuryRealEstate.com posted: June 29, 2012
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Malibu Luxury Real Estate Home of the Week

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Malibu Beach House for Sale located at: 19640 Pacific Coast Highway UPDATE: 19640 PACIFIC COAST HIGHWAY IS CURRENTLY IN ESCROW THROUGH MALIBU LUXURY REAL ESTATE. Malibu Luxury Real Estate visited this beach home for sale located right on the Pacific Coast Highway. Boasting over 3,000 square feet with four bedrooms and five bathrooms makes this oceanfront Malibu home for sale very desirable. New paint and carpet and very spacious rooms give this Malibu beach home lots of potential. A large private balcony provides breathtaking ocean views and a private staircase takes you right down to the beach. There is ample parking available right on the Pacific Coast Highway and a large two car garage. The location of this Malibu beach house for sale makes it even more attractive. Located just 6 miles from Santa Monica, you are a short drive to the city, but have the privacy and beauty that Malibu has to offer. Priced at just $2,850,000 makes this Malibu beach house for sale very attractive to buyers. Location, price, and potential make 19640 Pacific Coast Highway this weeks Malibu Luxury Real Estate Home of the Week. For questions about this Malibu Beach House for Sale, or other Malibu Homes for Sale, please contact Malibu Real Estate Broker, Mitch Hagerman at 310-963-4358. Please also feel free to search Malibu Real Estate for Sale on www.MalibuLuxuryRealEstate.com ROOMS: Breakfast Area, Dining Area, Family, Living EQUIP: Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator AIR: None HEAT: Central FLOOR: Carpet, Tile LAUNDRY: Inside FIREPL: Living Room PARK: Detached, Direct Entrance, Door Opener, Garage, Gated, Private Garage, Side By Side VIEW TYPE: Ocean, White Water WATERFRONT: Ocean SEC: Gated SEWER: Septic DISC: Trust/Conservatorship SZONE: Coastal Commission posted: September 4, 2012
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Malibu Beach Home for Sale: 31500 Victoria Point Rd.

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Malibu Luxury Real Estate visited this immaculate Cape Cod custom built home located at 31500 Victoria Point Road.  Located right at the end of a cul de sac off Broad Beach Road, there is a private drive way behind its own gates.

After entering this Malibu Beach Home you are greeted with an extraordinary view inviting you to walk onto the ocean balcony. Once on the balcony you have coastline views to Point Dume and beyond. Almost every room in this Malibu Beach Home has beautiful ocean views.

This Malibu Beach home has 4 bedrooms and 4.5 bathrooms, family and dining rooms,one bedroom with its own entrance, a living room area, bath, and kitchenette.  The Malibu Beach house also has approximately 47 feet of private Malibu beach frontage.

When Malibu Luxury Real Estate visited this Malibu Beach home, our first opinion was that it failed to impress us. When looking at almost a ten million dollar Malibu Beach home we were expecting to be more inspired and impressed. This Malibu Beach House missed that mark. The views are incredible. The balcony is incredible. But the interior of this Malibu Beach home needs work. The location is undeniably perfect, but we hope to assist the buyers in a price reduction so that a little bit of work can be done to make this Malibu Beach home "live" up to its potential.
 
For questions about this Malibu Beach home, to find out what your Malibu Beach house might be worth in today’s Malibu real estate marketplace, or about interest in purchasing other Malibu Beach homes, please contact Malibu Luxury Real Estate Broker, Mitch Hagerman at 310-963-4358.

Please also feel free to search Malibu real estate for sale at www.MalibuBeachLuxuryRealEstate.com.

posted: September 24, 2012
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Malibu Luxury Home for sale located at: 30760 Broad Beach Rd.

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Malibu Luxury Home
 
Malibu Luxury Real Estate visited this charming Malibu luxury home for sale. Located on one of the most desirable areas in Malibu, this Cape Cod style home is listed at $16,750,000.
 
This newly renovated, Malibu luxury home offers 80 feet of beach frontage. 6 bedrooms, 6 bathrooms, 4 fireplaces, 7 skylights, and 2 master suites make this Malibu luxury home for sale amazing! This Malibu luxury home features walk-in closets, an ocean front patio with fireplace, top of the line appliances, hardwood floors, bar, and a sauna.
 
Built in 1994, this Malibu luxury home gives you the feeling of not just being a house, but a home. You have your own private secluded beach and right over the bluff is the ocean. The kitchen has black granite counter tops and a center island.
 
In one word, we would describe this Malibu Luxury home for sale as charming. It is very inviting, peaceful, and relaxing. With 8 spots for parking and its own wine room, this house was built for entertaining. Relaxing and entertaining, this Malibu luxury home for sale has it all!

For questions about this Malibu Luxury Home for Sale, or other Malibu Luxury Homes for Sale, please contact Malibu Luxury Real Estate Broker, Mitch Hagerman at 310-963-4358. Please also feel free to search Malibu Real Estate for Sale on www.MalibuLuxuryRealEstate.com
 
ROOMS: Bonus,Breakfast Area,Breakfast Bar,Den,Dining Area,Family,Living,Office,Patio Open,Powder
EQUIP: Built-Ins,Dishwasher,Dryer,Freezer,Garbage Disposal,Hood Fan,Microwave,Range/Oven,Refrigerator,Washer
AIR: Central HEAT: Central
FLOOR: Hardwood LAUNDRY: Inside
FIREPL: Exterior,Family Room ROOF: Composition
POOL: TENNIS:
PARK: Attached,Garage,Gated SPA: Hot Tub
VIEW TYPE: Ocean WATERFRONT: Beach Rights,Ocean
SEC: Gated FIN: Cash To New Loan
SEWER: In Street POSS: Close Of Escrow
DISC: As Is SZONE: Coastal Commission,Property Report
OCC/SHOW: Appointment w/List. Office,Call LA 1 SALE TYPE: Standard
 
posted: September 24, 2012
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31038 Broad Beach is the Malibu Luxury Real Estate Home of the Week

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Malibu Beach House

Malibu Luxury Real Estate visited this INCREDIBLE Malibu Beach house located on desirable Broad Beach Road. This 5 bedroom, 5 and a half bath Malibu Beach house measures approximately 6300 square feet and enjoys absolute beach front.

This Malibu Beach house is Contemporary Mediterranean with a Portugal limestone exterior and floors. Imported European tile roof, French white oak floors, solid teak and bronze clad doors and windows, Poliform kitchen with quad Miele ovens, range and dishwasher. This Malibu Beach house is PERFECT.

As you sit in the main family room there is a huge flat screen TV over an even bigger fireplace. The view of the beach in breathtaking. A beautiful spa is found right outside between the house and the beach. Among everything else in this Malibu Beach house, one of the most impressive things is the staircase. The staircase is a dramatic solid steel and Caesar stone. It looks as if it's steel but is wrapped in a material that cushions your steps.

All bedrooms have walk-in Poliform closets and Agape bathrooms. The appliances found in the bathrooms of this Malibu Beach house are designed very tastefully as well. This Malibu Beach house has state of the art Lutron and LED lighting and a Crestron system and security cameras.

When you think of a dream Malibu Beach house this is it. Everything is beyond perfect. Listed at $14,700,000 and located at 31038 Broad Beach Road this Malibu Beach house is Malibu Luxury Real Estate's Home of the Week.

For questions about this Malibu Beach house, to find out what your Malibu Beach house might be worth in today’s Malibu real estate marketplace, or to inquire about interest in purchasing other Malibu Beach houses, please contact Malibu Luxury Real Estate Broker, Mitch Hagerman at 310-963-4358. Please also feel free to search Malibu real estate for sale at www.MalibuBeachLuxuryRealEstate.com.
posted: September 24, 2012
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Malibu Luxury Real Estate has a new website coming soon!

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Check back soon to see our brand new website, complete with all our listing of luxury beach homes in the Malibu area. posted: February 10, 2012
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Malibu Real Estate On The Rise

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Malibu Luxury Real Estate reports on the key market indicators for Malibu homes closed in the third quarter of 2011 versus Malibu homes sold in the third quarter of 2012.
 
Malibu Luxury Real Estate pulled all data regarding the number of closed Malibu single family homes, the average days on the market, and the median price achieved for the Malibu sold homes in two different time periods with data pulled from the Multiple Listing Service.
 
The number of Malibu houses that sold in the third quarter of 2011 versus the number sold in 2012 increased by 11 houses sold.  This definitely says a lot about the strengthening of the Malibu real estate market.  Overall the market has increased about 10% compared to the third quarter of last year.  Here are the relevant statistics:
 
Number of Malibu homes for sale closed in the third quarter of 2011: 45
 
Number of Malibu homes for sale closed in the third quarter of 2012: 56
 
 
Average Days on the Market for a Malibu house for sale in the third quarter of 2011: 152 days on the market.
 
Average Days on the Market for a Malibu house for sale in the third quarter of 2012: 217 days on the market.
 
The median price point achieved for Malibu homes closed in the third quarter of 2011: $1.8 million dollars.
 
The median price point achieved for Malibu homes closed in the third quarter of 2012: $2.060 million dollars.
 
 
These statistics represent an increase of days on the market, but also an increase in the median price.
 
 
All the market data pulled from the MLS researched by Malibu Luxury Real Estate shows a reasonable increase in the demand in the Malibu real estate market in combination with a limited supply, which are good indicators of a stronger market for Malibu homes.
 
 
For questions about buying or selling a Malibu home, please contact the broker of Malibu Real Estate, Mitch Hagerman at 310-963-4358 and visit our website at www.MalibuLuxuryRealEstate.com
 
Warm Regards,
 
Mitch Hagerman
Associate Broker
Coldwell Banker
DRE#01897348
posted: October 25, 2012
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Malibu Real Estate Year to Date Increase

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Malibu Luxury Real Estate reports on the key market indicators for Malibu homes closed year to date through the third quarter.
 
Malibu Luxury Real Estate pulled all data regarding the number of closed Malibu single family homes, the average days on the market, and the median price achieved for the Malibu homes sold in two different time periods with data pulled from the Multiple Listing Service.
 
The number of Malibu houses that sold year to date in the first three quarters of 2011 versus those sold in the first three quarters of 2012 increased significantly-by 18%.  This shows that the Malibu market has strengthened a lot over the last year.  Here are the relevant statistics:
 
Number of Malibu homes for sale closed, Quarters 1 – 3, 2011: 133
 
Number of Malibu homes for sale closed, Quarters 1-3,  2012: 188
 
 
Average Days on the Market for a Malibu house to sell, year to date 2011: 195 days on the market.
 
Average Days on the Market for a Malibu house to sell, year to date 2012: 179 days on the market.
 
The median price point achieved for Malibu homes sold, year to date 2011: $1.7 million dollars.
 
The median price point achieved for Malibu homes sold, year to date 2012: $1.9 million dollars.
 
 
These statistics say a lot about the market in Malibu-18% more homes sold, 16 less days on the market, and the median price moved up.  This is a very good indicator that the Malibu market is doing significantly better than it was just one year ago.
 



For questions about buying or selling a Malibu home, please contact the broker of Malibu Luxury Real Estate, Mitch Hagerman at 310-963-4358 and visit our website at www.MalibuLuxuryRealEstate.com
 
Warm Regards,
 
Mitch Hagerman
Associate Broker
Coldwell Banker
DRE#01897348

posted: October 26, 2012
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$15.8M Malibu Estate for sale located at: 32860 Pacific Coast Highway Malibu, CA

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Malibu Estate for Sale Malibu Luxury Real Estate visited this very private and exclusive Malibu estate for sale. Located in the Encinal Bluffs area, this oceanfront Malibu estate sits on a private 2.8 acres, has a tree-lined driveway, and features a 4 car garage. Panoramic ocean views can be seen from every room and a short walk down the steps brings you to 250 feet of Malibu beach frontage on your own private sandy beach. The inside of this Malibu estate for sale has 4 bedrooms and 5 bathrooms. A professional gourmet Viking kitchen, a master bedroom with motorized shades, and an incredible fireplace to keep you warm. A detached guest house is found next door with a 2-sided fireplace, luxurious bath, and huge outside deck. What Malibu Luxury Real Estate liked most about this Malibu estate for sale was first, the amazing entry and arrival experience to get to this Malibu estate. The arrival experience was very long and private with manicured lawns and gardens. Second, the views to the ocean are simply breathtaking. Third, this Malibu estate for sale has extensive beach frontage making it a rare and valuable Malibu estate. This Malibu estate for sale also has plans for a significant new contemporary Malibu home to be constructed. This Malibu estate for sale has incredible potential to be one of the most exclusive and valuable Malibu estates in all of Malibu due to the large acreage, private beach with private beach access, and extensive beach frontage. For questions about this Malibu estate for sale or other Malibu homes for sale, please contact Malibu Real Estate Broker, Mitch Hagerman at 310-963-4358. Please also feel free to search Malibu Real Estate for Sale on www.MalibuLuxuryRealEstate.com ROOMS: Bonus,Breakfast,Breakfast Area,Breakfast Bar,Den,Dining,Dining Area,Family,Gym,Library/Study,Living,Media,Office,Pantry,Patio Open,Powder,Service Entrance,Other EQUIP: Alarm System,Barbeque,Built-Ins,Cable,Dishwasher,Dryer,Freezer,Garbage Disposal,Hood Fan,Network Wire,Range/Oven,Refrigerator,Trash Compactor,Washer,Other AIR: Central,Multi/Zone HEAT: Central FLOOR: Carpet,Hardwood,Marble,Mixed LAUNDRY: Inside FIREPL: Family Room,Gas,Guest House,Living Room,Master Bedroom,Wood Burning,Other ROOF: Slate POOL: Room For TENNIS: Room For PARK: Detached,Door Opener,Gated,Private Garage SPA: Bath Tub,Hot Tub,Private VIEW TYPE: Ocean,White Water WATERFRONT: Beach Rights,Ocean SEC: 24 Hour,Gated,T.V.,Other SEWER: Septic posted: September 12, 2012
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Malibu Beach House for sale located at: 33014 Pacific Coast Highway Malibu, CA

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Malibu Beach House for Sale Malibu Luxury Real Estate viewed this incredible Malibu beach house for sale. Located just a half a mile past Encinal Canyon Road and at $17,500,000 this is one of the most exclusive Malibu beach houses available. 4 bedrooms and 3.5 bathrooms make up this 3,100 square foot Malibu beach house. As you enter the property there is a large private gate with a long driveway taking you to the Malibu Beach house. You are greeted with a breathtaking ocean view and the Malibu beach home for sale features 145' of this ocean frontage. A private stone bridge then takes you to a cobblestone driveway that goes over a year-round creek. Seated on nearly an acre of prime oceanfront property, this Malibu beach house is exquisitely remodeled with the finest of finishes - wide plank hardwood floors, elegant tile work, Creston touch screen controlling audio, climate & custom lighting, and an elite camera system. This Malibu beach home for sale has incredible views and is just a stones throw to the ocean. It has an amazing pool and a rare year-round creek. With so much to offer and in such an exclusive location, 33014 Pacific Coast Highway is the Malibu Luxury Real Estate home of the week. For questions about this Malibu Beach House for Sale, or other Malibu Homes for Sale, please contact Malibu Real Estate Broker, Mitch Hagerman at 310-963-4358. Please also feel free to search Malibu Real Estate for Sale on www.MalibuLuxuryRealEstate.com ROOMS: Bonus, Breakfast Area, Den, Family, Living, Patio Open EQUIP: Alarm System, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator AIR: Central POOL: Heated, Private VIEW TYPE: Ocean, White Water SEWER: Septic HEAT: Central ROOF: Tile SPA: Private posted: September 12, 2012
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