2012 Palos Verdes homes sales for the Monte Malaga neighborhood decreased to 25 single family homes sold compared to 28 in 2011. Price per square foot for Monte Malaga houses that sold in 2012 increased to $590 compared from $534 in 2011 a 10.5% increase. Average sales price for Monte Malaga homes sold in 2012 was $2,107,760 compared to $2,230,929. The most expensive home sold for $6,500,000 and the lowest priced home sold for $825,000.
As of February 14, 2013, Monte Malaga has 8 active Palos Verdes homes for sale ranging in price from $1,050,000 for a 3 bedroom/3 bath, 1,879 square foot home, to $10,500,000 for a 5 bedroom/8 bath, 8,000 home.
To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.
Photo above is the Queen’s Necklace view from many Monte Malaga homes.