October 25th, 2009 by roostblog in Local Market Insight
From the Santa Monica Mountains to the Pacific Ocean, from Topanga Canyon to the borders of Ventura County, home sales and values in the City of Malibu are treading water.
Lower sales prices and a dramatic reduction in the number of sales have been noted, along with home values that continue to diminish. Median home sales prices have dropped over 30 percent this year. Even with the drop in the list price of homes on the market, buyers are [...]
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