California Real Estate | < 1 minute read
Malibu, California: Steady number of sales, but decrease in median sale price
BY PropertyShark Staff | Feb 3, 2010
In this PropertyShark study that was first covered in the Los Angeles Times, we see that the number of sold homes remained steady in Malibu for 2009 (148 sold homes*) when compared to 2008 (145 sold homes). However, it’s still a significant drop from the peak years in 2005 (275 sold homes) and 2007 (240 sold homes). The median sale price dropped from $2,660,000 in 2007 and $2,700,000 in 2008 to $1,800,000.
Among the most expensive homes sold in 2009 were a $17.5 million sale for a duplex at 20018 Sea Lane Drive, a $16.5 million sale at 6483 Zumirez Drive, and a $14.6 million sale for 28830 Cliffside Drive. 28830 Cliffside Drive was originally put up for sale in 2007 by Michael and Lisa Weithorn for $19,250,000, reports the Real Estalker in a June 2007 article. Property records show the buyer of the estate to be Carl Daikeler.
For a visual presentation of the homes sold we have put together an interactive map that plots every home sold in 2009. Click on a point of interest for sale price and sale date, as well as links to additional details on the sold property.
Note: for the purpose of this report we have defined sold homes as single-family residences & duplexes.
Latest Posts
Want to stay on top of the real estate market?
Access comprehensive property data and ownership information with intuitive research tools.
POSTED IN: California Real Estate, Los Angeles Real Estate
Recent Reports
Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
$4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.