Welcome to my Malibu monthly market report for November 2022.
In a nutshell, Malibu sale prices are still up a bit as compared to last year (about 1% on single family homes and 8% on condos), but volume (i.e. the number of sales) for the month of November is down about 25% as compared to November 2021. So prices seem to be remaining relatively stable despite the declining number of sales, which is likely attributable to a lack of available inventory.
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