Irene Dazzan-Palmer and Sandro Dazzan on the Residential Crowd and Real Estate Trends In Malibu

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In Malibu, residents are made up of families with kids, both young and middle-aged couples, and vacationers who do end up living the “Malibu life” and staying much longer than they first intended, becoming those very Malibu lifers.

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The Spanish/Mediterranean-style tends to be the most popular building type, but there has been a trend towards architectural- and contemporary-style houses, which showcase the dramatic ocean views with walls of glass and indoor-outdoor flow.

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The average home price here is around $2.5 million. We have condos that sell in the $300,000 to $400,000 range, all the way up to the most exclusive beach and bluff estates in the $50 million to $100 million range. The beautiful thing about Malibu is that everyone who comes here, no matter his or her background, comes to stay for the special laid-back ocean and mountain lifestyle.

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