as of 5/9/2008
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Malibu SOLD Report:  Month of April, 2008
Estates and Homes See website for Malibu Homes FOR SALE and past Malibu SOLD Reports  
Address Bed Rm Bath Rm Sq. Ft. Lot Size Yr Built DOM Sold Price
5617 Busch Dr. 4 2 0 64,873 1950 242 $2,202,500
31762 Cottontail Ln. 4 2 1,620 8,468 1979 140 $1,700,000
25160 Malibu Rd. 6 4 3,210 6,299 1957 106 $7,100,000
20444 PCH 3 3 1,490 1,511 1963 233 $2,100,000
22144 PCH 3 4.5 0 6,970   42 $21,975,000
30736 Principio Dr. 4 3 2,164 16,688 1962 24 $1,770,000
6756 Wandermere Rd. 3 2 1,840 48,787   306 $1,900,000
Averages: 3.9 2.9 2,065 21,942 1962 156  $       5,535,357
Medians: 4 3 1,840 8,468 1962 140 $2,100,000
7 Total: $38,747,500
House Sales Compared to Last Month: Count = Up 2 (29%), Total Hm Sales = Up $10,774,500 (29%),
Average Hm Price = Down $59,243 (-1%), Median Hm Price = Down $1,625,000 (-47%), Average DOM (Days On Market)= Down 58 (-27%)
House Sales Compared This Month Last Year: Count = Down 11(-61%), Total Hm Sales = Down $21,903,500 (-36%),
Average Home Price = Up $1,744,669 (31%), Median Hm Price = Down $1,100,000 (-34%), Average DOM (Days On Market)= Up 43 (28%)
Townhomes/Condos
Unit Condo Complex Bed Rm Bath Rm Sq. Ft. St. # Yr Built DOM Sold Price
  Malibu Bay Club 1 1 872 11856 1974 226 $800,000
  Malibu Gardens 2 2 1,056 6484 1975 237 $585,000
Averages: 1.5 1.5 964   1975 232 $692,500
Medians: 1.5 1.5 964   1975 232 $692,500
2 Total: $1,385,000
Condo Sales Compared to Last Month: Count = Same (%),  Total Condo Sales = Down $1,435,000 (-51%),
Average Condo Price = Down $717,500 (-51%),  Median Condo Price = Down $717,500 (-51%), Average DOM (Days On Market)= Down 15 (-6%)
Condo Sales Compared This Month Last Year: Count = Down 7 (-78%),  Total Condo Sales = Down $11,415,500 (-89%),   Average Condo Price = Down $729,778 (-51%),  Median Condo Price = Down $337,500 (-33%),  Average DOM (Days On Market)= Down 169 (-73%)
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           Denise Travis, Licensed Corporate Broker:  Masters in Housing,  CRB (RE Manager), CRS (High # of Sales & Education), 
                CIPS (International Sales), RMS (RE Legal Studies), GRI (RE Education), ABR (Buyers Specialist), e-Pro (Certified Internet Skills),
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                SRES (Seniors Specialist), TRC (International Network).
               Call or Text:  1-310-344-7477  Travis@MalibuRealEstateBrokers.com DRE Lic.# 01518180
©2001-2008. These sales do not represent properties that were exclusively listed and/or sold by MalibuRealEstateBrokers.com. The source of this information is the Combined Los Angeles Westside Multiple Listing Service, as of 5/9/2008.  These properties reflect sales reported by all companies and real estate agents who subscribe to the CLAW Multiple Listing Service and report their sales within the correct time period.  Information herein is considered reliable but not guaranteed and could be subject to mistakes or omissions as to properties, square footage, lot size, year built, features, or other information provided by the seller or obtained from public records or third party sources.  If this information is important to you, confirm this information with your own independent licensed professional.  This is not a solicitation if your property is now listed with another real estate office as we do not solicit the listings of other brokers; rather, our focus is to provide useful information and to cooperate with members of the real estate industry.
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The Mitchell Group at First Capital:  Yorba William Travis
Contact our relative: Call:  1-310-656-8274,     Email:  YTravis@FirstCapitalMtg.com
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Interests Rates as of May 9, 2008:
6.000% Conforming Loans (Up to $417,000), 30 Year Fixed
  6.625% Jumbo Loans ($417,001 to $1,500,000), 10 Year Fixed
  6.750% Super Jumbo Loans (above $1,500,000), 10 Year Fixed