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2025: Post Palisades Fire Real Estate Market Comparisons

A Deep Dive Into How The 2025 Post Palisades Fire Real Estate Market in Malibu Compares To Prior Anomalous Years.

 

2025: The Palisades Fire

Post Palisades Fire Sales Comparisons 2025 2024 % Change
Total Homes Sold 134 191 -29.84%
Average Days on Market 77 83 -7.23%
Average Price $7,612,653 $7,758,967 -1.89%
Median Price $4,862,500 $4,450,000 10.11%
Price Per Square Foot $2,368.77 $2,119.39 11.77%
Total Land Parcels Sold 87 53 64.15%
Notes: 2024 is a significant year as it is the year prior to Palisades Fire and reflects the most recent market statistics of a normal Malibu market.

 

2021: The Post Covid Boom

Post Palisades Fire Sales Comparisons 2025 2021 % Change
Total Homes Sold 134 414 -67.63%
Average Days on Market 77 55 40.00%
Average Price $7,612,653 $7,710,272 -1.27%
Median Price $4,862,500 $4,402,500 11.30%
Average Price Per Square Foot $2,368.77 $2,318.47 2.17%
Total Land Parcels Sold 87 80 8.75%

Notes: 2021 was a significant year as it established the records for Malibus highest number of SFR sales and highest SFR sales volume in the city's history. It was considered a post COVID booming market during which rural real estate markets like Malibu experienced accelerated demand.

 

 

2019: Post Woolsey Fire

Post Palisades Fire Sales Comparisons 2025 2019 % Change
Total Homes Sold 134 133 0.75%
Average Days on Market 77 98 -21.43%
Average Price $7,612,653 $5,299,164 43.66%
Median Price $4,862,500 $3,335,000 46.93%
Average Price Per Square Foot $2,368.77 $1,501.07 57.81%
Total Land Parcels Sold 87 42 107.14%
Notes: 2019 was a significant year as it is the year following the devastating Woolsey Fire in which 488 homes were lost in the City of Malibu. Prior to the Palisades fire it was the worst fire on record in the City of Malibu's history

 

 

2008: The Financial Crisis

Post Palisades Fire Sales Comparisons 2025 2008 % Change
Total Homes Sold 134 120 11.67%
Average Days on Market 77 176 -56.25%
Average Price $7,612,653 $3,322,632 129.12%
Median Price $4,862,500 $2,336,250 109.74%
Average Price Per Square Foot $2,368.77 $990.97 139.04%
Total Land Parcels Sold 87 40 117.50%
Notes: 2008 is a significant year for comparison as marks the year of the 2008 Financial Crisis and the holds the record for the lowest number of SFR sales in recent history for the City of Malibu.

 

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