Malibu Real Estate Update, Spring 2023

Spring has sprung in Malibu, and it's time for an in-depth update on the Malibu real estate market. In this episode, Tony and Justin recap the happenings on and off the beach in Malibu during 2023 through the end of April. With just half of the sales of last year and extremely limited inventory, prices remain strong in Malibu despite dropping sale prices across the larger SoCal markets and some of the highest mortgage rates in recent years, which, in a historical context, may not be as bad as they seem. Listen for our full market recap and some new listings coming soon!