Palos Verdes Real Estate Malaga Cove Neighborhood 2012 Sales

Neptune Fountain and Malaga Cove Plaza, Palos Verdes Estates, CA 90274 courtesy of Arvin Design

2012 Palos Verdes homes sales for the Malaga Cove neighborhood stayed the same with 30 single family homes sold in both 2012 and 2011.  Price per square foot for Malaga Cove houses that sold in 2012 increased to $584 compared from $574 in 2011 a 1.7%  increase.  Average sales price for Malaga Cove homes sold in 2012 was $1,898,649 compared to $1,873,652.  The most expensive home sold for $3,200,000 and the lowest priced home sold for $780,000.

Currently, Malaga Cove has 6 active Palos Verdes homes for sale.  There are 2 townhomes/condos ranging in price from $639,000 for a 2 bedroom/3 bath, 1,558 square foot condo to $849,000 for a 2 bedroom/2 bath, 1,420 square foot condo.  There are 4 single family homes for sale ranging from $1,695,000 for a 3 bedroom/3 bath, 3,024 square foot home to $6,500,000 for a 5 bedroom/7 bath, 9,853 square foot home.

For background and history on Malaga Cove Multiple Listing Area 163, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo above of Neptune Fountain and Malaga Cove Plaza courtesy of Arvin Design