Is Agoura Hills-Malibu, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Agoura Hills-Malibu is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Agoura Hills-Malibu has remained a Seller's Market.

Key Takeaway

Agoura Hills-Malibu is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Agoura Hills-Malibu, CA cost?

Median Sold Price

$1,631,720

$663/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$202,970(+14.2%)

Key Takeaway

Homes in Agoura Hills-Malibu have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $379K$515K
+35.9%
2 $649.5K$665K
+2.4%
3 $1.1M$1.4M
+24.6%
4 $1.6M$1.8M
+15.5%
5+ $2.3M$2.8M
+24.5%

Median Sold Price Compared To Nearby Cities

Westlake Village
+23.3%
Agoura Hills
+20.9%
Agoura Hills-Malibu
+14.2%
Calabasas
+11.5%
Malibu
+10.6%

How many homes are available in Agoura Hills-Malibu, CA?

Number of Homes For Sale

Jun 2022Jul 2022%
348342-1.7%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 107
-30.0%
2 5956
-5.1%
3 8484
0.0%
4 116106
-8.6%
5+ 7989
+12.7%

Number of Homes Sold

Jun 2022Jul 2022%
8661-29.1%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Agoura Hills-Malibu, you could pay more than the asking price. 50.8% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
34 Days30 Days-13.4%

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Agoura Hills-Malibu are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Agoura Hills-Malibu, CA

Number of homes for sale in Agoura Hills-Malibu, CA real estate market have reached 342. The number of listings in Agoura Hills-Malibu, CA decreased by 1.7% between June 2022 and July 2022. The median list price of listings available in July 2022 was $1,631,720, while the average time on the real estate market was 30 days. Listing prices have changed in this real estate market between June 2022 and July 2022: 1 bedroom properties became 35.9% more expensive, 2 bedrooms properties became 2.4% more expensive, 3 bedrooms properties became 24.6% more expensive, prices of 4 bedrooms properties increased by 15.5%, prices of 5 bedrooms properties went up by 24.5%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 30%, 2 bedrooms homes became 5.1% less available, number of 3 bedrooms homes remained the same, 4 bedrooms homes inventory decreased by 8.6%, the quantity of 5 bedrooms homes went up by 12.7%. Over 31 listings were sold over their listed price in July 2022 in Agoura Hills-Malibu, CA. In the same period over 22 listings were sold below the listed price and 8 listings were sold for the listed price.

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