Neighborhood Guide

Malibu

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Overview

Malibu owes its name to the Chumash, Native Americans who originally settled there and named it Humaliwo, which means "the surf sounds loud.” The area was highly secluded until 1929 when the Pacific Coast Highway was built. Now Malibu is a thoroughfare for many vacationers driving up and down the California coast and a highly revered destination for Los Angeles locals.

Area Map

Malibu

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Malibu

Market Snapshot

ZIP 0

Average Days on Market

Single Family Homes

18

June 2024

-40.0% vs

Avg. Price Sqft

Single Family Homes

$488

June 2024

+6.2% vs

Units Sold

June 2024

15 TOTAL UNITS

+0.0% vs

Median Sales Price

June 2024 - Single Family Homes

$1.7M

+25.0% vs

Percentage of Asking Price

June 2024 Single Family Homes

107%

+7.0% vs

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Neighborhood Guidance

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