{"id":1252,"date":"2010-02-03T13:23:19","date_gmt":"2010-02-03T17:23:19","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=1252"},"modified":"2025-07-10T09:01:21","modified_gmt":"2025-07-10T06:01:21","slug":"malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/02\/03\/malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price\/","title":{"rendered":"Malibu, California: Steady number of sales, but decrease in median sale price"},"content":{"rendered":"

In this PropertyShark study that was first covered in the Los Angeles Times<\/a>, 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.<\/p>\n

Among the most expensive homes sold in 2009 were a $17.5 million sale for a duplex at 20018 Sea Lane Drive<\/a>, a $16.5 million sale at 6483 Zumirez Drive<\/a>, and a $14.6 million sale for 28830 Cliffside Drive<\/a>. 28830 Cliffside Drive was originally put up for sale in 2007 by Michael and Lisa <\/span>Weithorn for $19,250,000, reports the Real Estalker<\/a> in a June 2007 article.<\/span><\/span> Property records show the buyer of the estate to be Carl Daikeler.<\/span><\/p>\n

For a visual presentation of the homes sold\u00a0 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.<\/span><\/p>\n

\"Malibu-Sales\"<\/span><\/a><\/p>\n

Note: for the purpose of this report we have defined sold homes as single-family residences & duplexes.
\n<\/span><\/p>\n

<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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…<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[738,386],"tags":[196],"class_list":["post-1252","post","type-post","status-publish","format-standard","hentry","category-california-real-estate","category-la-real-estate","tag-malibu-sold-homes"],"yoast_head":"\nMalibu, California: Steady number of sales, but decrease in median sale price - PropertyShark Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/02\/03\/malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Malibu, California: Steady number of sales, but decrease in median sale price\" \/>\n<meta property=\"og:description\" content=\"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…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/02\/03\/malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2010-02-03T17:23:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-10T06:01:21+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2010\/01\/Malibu-Sales1.jpg\" \/>\n<meta name=\"author\" content=\"PropertyShark Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PropertyShark Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Malibu, California: Steady number of sales, but decrease in median sale price - PropertyShark Real Estate Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/02\/03\/malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price\/","og_locale":"en_US","og_type":"article","og_title":"Malibu, California: Steady number of sales, but decrease in median sale price","og_description":"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…","og_url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/02\/03\/malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price\/","og_site_name":"PropertyShark Real Estate Blog","article_published_time":"2010-02-03T17:23:19+00:00","article_modified_time":"2025-07-10T06:01:21+00:00","og_image":[{"url":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2010\/01\/Malibu-Sales1.jpg","type":"","width":"","height":""}],"author":"PropertyShark Staff","twitter_card":"summary_large_image","twitter_misc":{"Written by":"PropertyShark Staff","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/02\/03\/malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price\/","url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/02\/03\/malibu-california-steady-number-of-sales-but-decrease-in-median-sale-price\/","name":"Malibu, California: Steady number of sales, but decrease in median sale price - 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