$10,000 Closing Credit*
$1,975,000
3,849 SqFt
4 Beds
•4 Full Baths
Jake Kim, Listing Office: Pinnacle Estate Properties, Inc.
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 September 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
$1,633,408
$685/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$166,674(+11.4%)
Key Takeaway
Homes in Agoura Hills-Malibu have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Agoura Hills-Malibu was $1,633,408 in September 2024, up 11.4% from last year, and the median price per square foot was $685.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $468K | $454.4K | -2.9% |
| 2 Bedrooms | $777.5K | $744K | -4.3% |
| 3 Bedrooms | $1.2M | $1.3M | +8.8% |
| 4 Bedrooms | $1.7M | $1.8M | +6.0% |
| 5+ Bedrooms | $3.0M | $3.4M | +14.6% |
Summary: Agoura Hills-Malibu housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Calabasas | $1.5M | $1.8M | +19.7% |
| Agoura Hills-Malibu | $1.4M | $1.6M | +11.4% |
| Malibu | $3.1M | $3.4M | +10.6% |
| Agoura Hills | $1.1M | $1.2M | +9.1% |
| Westlake Village | $1.3M | $1.4M | +3.5% |
Housing Supply in Agoura Hills-Malibu, CA
How many homes are available in Agoura Hills-Malibu, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 422 | 461 | +9.2% |
Summary: The Agoura Hills-Malibu real estate market had 461 homes for sale in September 2024, a 9.2% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 17 | +30.8% |
| 2 Bedrooms | 54 | 61 | +13.0% |
| 3 Bedrooms | 122 | 120 | -1.6% |
| 4 Bedrooms | 112 | 132 | +17.9% |
| 5+ Bedrooms | 121 | 131 | +8.3% |
Summary: The Agoura Hills-Malibu housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 60 | 44 | -26.7% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 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. 72.7% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Agoura Hills-Malibu in September 2024, down by 26.7% month-over-month. Of the 44 sold homes, 73% were sold under asking, 16% were sold at asking, and 11% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 42 Days | 69 Days | +62.2% |
Summary: Homes in Agoura Hills-Malibu had an average of 69 days on market in Sep 2024, up by 62.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Agoura Hills-Malibu has remained consistent over time.
Summary: During September 2024, 44 homes were sold in Agoura Hills-Malibu; 36% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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