63 Single Family Homes closed escrow in Pacific Palisades, California from October 1, 2011 to December 31, 2011. The average days on market for this period is 60 days from the properties listed. The average sales price is 95.66% to the list price.
63 Single Family Homes Sold in Pacific Palisades, California from October 1, 2011 to December 31, 2011
53 Single Family Homes Sold in Calabasas, California from October 31, 2011 to December 31, 2011
53 Single Family Homes closed escrow in Calabasas, California from October 31, 2011 to December 31, 2011. The average days on the market is 101 days [until the property went to contract on the last listing]. The average sales price is 94.65% of the last list price.
36 Single Family Homes Sold in Malibu, California on the Land Side from October 1, 2011 to December 31, 2011
36 Single Family Homes closed escrow in Malibu, California on the Land portion from October 1, 2011 to December 31, 2011. On average, these properties were on the market for 157 days [until the properties went under contract]. The average sales price was 88.82% of the last listed price.
4 Single Family Home Sales in Malibu, California from October 1, 2011 to December 31, 2011
According to the Combined Los Angeles Westside Multiple Listing Service Data – 4 homes closed escrow, average sold price is 84.46% to the last list price, average days on market is 83 days for the Malibu Beach Front area in Malibu, California.
Selling Your Home? How to Approach an Offer
Some key points to remember in approaching an offer on your home
Malibu Toffee – the handcrafted gourmet candy made in Malibu, California
Delicious Malibu Toffee is handcrafted gourmet candy made in Malibu, California. Select stores carry this product – currently only available in 1/4 oz and 1/2 oz portions.
BiPartisan Senate Bill introduced – to encourage qualified foreign buyers to purchase homes in the United States
The new bill -VISIT-USA Act proposes changes to the visa policies that encourages foreign buyers who are able to afford a home here and also assist in obtain VISA. There are restrictions but this article covers the main points so it should be read in its entirety. It is short and direct to the point.
New York Times relevant mortgage news article named “Triggers for Rejection”
New York Times article on 10/06/2011 – notes 6 key areas that triggers loan rejections — 1) insufficient income 2) cloudy financial picture 3) bad credit 4) low appraisal 5) property problems 6) information mix-ups.
56 Single Family Home Sales on the Land portion in Malibu, California from June 1, 2011 to September 30, 2011
56 single family homes sold on the land portion in Malibu, California – for the period June 1, 2011 to September 30, 2011 — what a fantastic summer. Overall, some bargains were picked up — final price reductions ranged from $69,000 to $5,000,000 at the end tally. Interesting surprises as there were 2 homes that sold above the initial asking price that ranged from $100,000 to $600,000 above the initial price–signs that multiple offers were taking place.
Now is a good time to be pre-approved for a loan and pick up the bargains. If the homes are priced right, properties sell and sometimes the price is even driven up by the buyer competition. Call me!
Malibu California Beach Front Home Sales from June 1, 2011 to September 30, 2011
11 single family homes sold in Malibu, California during June 1, 2011 to September 30, 2011. This analysis is focused mainly on pricing – including the difference between final sold price and the original list price — I have summarized it as the final price reduction.




