Malibu Housing Market Report – March 2026
Here's a look at how the Malibu, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 17
- Median Sale Price: $1,930,000
- Average Sale Price: $4,256,463
- Average Price Per Sq Ft: $1,310
- Average Days on Market: 181
- Sale-to-List Price Ratio: 90.9%
Month-Over-Month Trends
Compared to February, the median sale price in Malibu moved 3.5% down (from $2,000,000 to $1,930,000). The number of homes sold was 19.0% down compared to the prior month (21 vs. 17). Average days on market shifted 31.2% up (138 days to 181 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 25.8% down (from $2,600,000 to $1,930,000). Sales volume is 26.1% down year-over-year.
What This Means
Malibu's luxury market is clearly in a cooling phase heading into spring. With sales down nearly 20 percent month-over-month and median prices dropping 3.5 percent, we're seeing buyer hesitation even in this ultra-premium segment. The year-over-year decline is even more pronounced, with median prices down nearly 26 percent from March 2025. This suggests the market correction that began last year is still working its way through the luxury coastal properties.
The real story here is time. Homes are now sitting on the market for an average of 181 days, up significantly from 138 days last month. That's a major shift for Malibu, where waterfront and view properties typically move faster. Combined with a sale-to-list ratio of just 90.9 percent, sellers are having to accept modest price reductions. With 581 active listings on the books, inventory remains elevated, which only reinforces the buyer's advantage.
What's likely driving this? Higher interest rates continue to price out buyers, and at price points averaging over four million dollars, even small rate changes have outsized impacts on monthly payments. The seasonal spring uptick hasn't materialized yet either. For sellers, patience will be key this market.
Malibu Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90265 | 17 | $1,930,000 | $1,310 | 181 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 8 | $5,473,437 | $1,430 |
| LAND | 5 | $1,200,000 | N/A |
| CONDOS | 2 | $1,287,500 | $1,443 |
| CONDO | 1 | $718,000 | $378 |
| MOBILE | 1 | $1,950,000 | $1,020 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $500K - $749K | 1 |
| $750K+ | 15 |
Current Active Listings
As of this report, there are 581 active listings in Malibu with a median asking price of $3,095,000 and an average of 142 days on market.
Thinking About Selling Your Malibu Home?
If you're a homeowner in Malibu considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Malibu and throughout the Central Valley — get a no-obligation cash offer today.