$3,795,000
2,729 SqFt
4 Beds
•3 Full Baths
Preston Gazowsky, Listing Office: The Beverly Hills Estates
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 October 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
$1,591,750
$680/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$95,416(+6.4%)
Key Takeaway
Homes in Agoura Hills-Malibu have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Agoura Hills-Malibu was $1,591,750 in October 2024, up 6.4% from last year, and the median price per square foot was $680.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $451K | $429.5K | -4.8% |
| 2 Bedrooms | $780K | $766.5K | -1.7% |
| 3 Bedrooms | $1.2M | $1.3M | +7.5% |
| 4 Bedrooms | $1.7M | $1.8M | +4.4% |
| 5+ Bedrooms | $3.0M | $3.4M | +12.4% |
Summary: Agoura Hills-Malibu housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Cities
| Agoura Hills | $1.0M | $1.2M | +13.2% |
| Malibu | $3.1M | $3.5M | +12.9% |
| Calabasas | $1.5M | $1.7M | +12.8% |
| Agoura Hills-Malibu | $1.4M | $1.5M | +6.4% |
| Westlake Village | $1.3M | $1.4M | +4.8% |
Housing Supply in Agoura Hills-Malibu, CA
How many homes are available in Agoura Hills-Malibu, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 411 | 452 | +10.0% |
Summary: The Agoura Hills-Malibu real estate market had 452 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 14 | -6.7% |
| 2 Bedrooms | 64 | 60 | -6.3% |
| 3 Bedrooms | 111 | 129 | +16.2% |
| 4 Bedrooms | 109 | 127 | +16.5% |
| 5+ Bedrooms | 112 | 122 | +8.9% |
Summary: The Agoura Hills-Malibu housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 8.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 50 | +8.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 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. 60% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Agoura Hills-Malibu in October 2024, up by 8.7% month-over-month. Of the 50 sold homes, 60% were sold under asking, 18% were sold at asking, and 22% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 56 Days | +19.6% |
Summary: Homes in Agoura Hills-Malibu had an average of 56 days on market in Oct 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
11 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 October 2024, 50 homes were sold in Agoura Hills-Malibu; 44% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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