Foreclosure Homes in Malibu, CA 90265

Current Market Conditions in Malibu, CA

The Malibu real estate market continues to show resilience in 2023, characterized by high demand for luxury homes nestled along the coast. While there has been an influx of buyers seeking second homes or vacation properties, the inventory remains limited, resulting in competitive bidding environments for desirable listings. Homes appreciate over time, particularly those with ocean views or unique architectural designs.

Developing trends indicate a noticeable shift towards sustainable living and eco-friendly homes among buyers, reflecting a growing awareness of environmental impacts. The market is also seeing younger buyers entering the scene, desiring to invest in idyllic lifestyles that Malibu offers.

Rent Prices In Malibu, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Malibu, CA, is on a rollercoaster ride. The average rent price in Malibu, CA, is $3,718.00. Indeed, when looking to rent in Malibu, CA, you can expect to pay as little as $1,580.00 or as much as $7,380.00, with the average rent median estimated to be $3,840.00. The good news is that finding an affordable and desirable property to rent in Malibu, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.