The market for Malibu Real estate is increasing at a slower rate compared to the beginning of the summer but the numbers are at extremely high levels creating great opportunities for the Malibu Real estate buyer.
Malibu Land, Malibu land for sale – Market update
Currently in Malibu we have a staggering amount of inventory on the market. Right now there are 219 listings of Malibu Land for sale over 75,000. Interestingly, the average days on market for this land is 332 days which shows us that the land that is on the market generally is well seasoned and the absorption rate of land is quite low.