Is Agoura Hills-Malibu, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Agoura Hills-Malibu was a Seller's Market.
Key Takeaway
Agoura Hills-Malibu is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Agoura Hills-Malibu, CA
How much do homes in Agoura Hills-Malibu, CA cost?
Median Sold Price
$1,602,583
$673/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Agoura Hills-Malibu have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Agoura Hills-Malibu was $1,602,583 in June 2024, up 12.6% from last year, and the median price per square foot was $673.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450.5K | $475K | +5.4% |
| 2 Bedrooms | $769.9K | $780K | +1.3% |
| 3 Bedrooms | $1.1M | $1.2M | +10.9% |
| 4 Bedrooms | $1.6M | $1.9M | +18.0% |
| 5+ Bedrooms | $3.0M | $3.0M | +0.9% |
Summary: Agoura Hills-Malibu housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Calabasas | $1.5M | $1.7M | +14.0% |
| Malibu | $3.1M | $3.5M | +12.9% |
| Agoura Hills-Malibu | $1.4M | $1.6M | +12.6% |
| Agoura Hills | $1.0M | $1.2M | +11.1% |
| Westlake Village | $1.3M | $1.3M | +0.9% |
Housing Supply in Agoura Hills-Malibu, CA
How many homes are available in Agoura Hills-Malibu, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 399 | 469 | +17.5% |
Summary: The Agoura Hills-Malibu real estate market had 469 homes for sale in June 2024, a 17.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 18 | +50.0% |
| 2 Bedrooms | 48 | 49 | +2.1% |
| 3 Bedrooms | 111 | 127 | +14.4% |
| 4 Bedrooms | 117 | 145 | +23.9% |
| 5+ Bedrooms | 111 | 130 | +17.1% |
Summary: The Agoura Hills-Malibu housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 17.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 50 | 57 | +14.0% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Agoura Hills-Malibu, you may be able to get a good deal. 54.4% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Agoura Hills-Malibu in June 2024, up by 14.0% month-over-month. Of the 57 sold homes, 54% were sold under asking, 14% were sold at asking, and 32% were sold over asking.
Days on Market for Agoura Hills-Malibu, CA
How long does it take to sell a home in Agoura Hills-Malibu, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 25 Days | 56 Days | +124.6% |
Summary: Homes in Agoura Hills-Malibu had an average of 56 days on market in Jun 2024, up by 124.6% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Agoura Hills-Malibu are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 57 homes were sold in Agoura Hills-Malibu; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.