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Malibu real estate values went up by 31 percent in 2004.
Just five years later, 2009 brought a drop of 28 percent in prices. Last year, the increase was 16 percent. Such fluctuation. Such fun.
Farewell to the craziness, however. At least, that is the story of 2015. Virtually nothing has changed much from last year within the basic statistical measurements so far in 2015, as the year passed its third quarter and the year-end results are appearing on the wall.