Palos Verdes Real Estate Monte Malaga Neighborhood First Half of 2013

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2013 First Half Palos Verdes homes sales for the Monte Malaga neighborhood decreased to 15 single family homes sold compared to 16 homes sold in the first half of 2012.  Price per square foot for Monte Malaga houses that sold in the first half of 2013 increased 14.6% to $627 from $547 for the same time period last year.  Average sales price for Monte Malaga homes sold in the first half of 2013 was $2,163,100 compared to $1,957,125  for the first half of 2012.  The most expensive home sold for $5,000,000 and the lowest priced home sold for $914,000.

Currently, the Monte Malaga neighborhood has 9 Palos Verdes single family homes for sale ranging from $1,199,000 for a 3 bedroom, 2 bath, 1,940 square foot home to $9,999,999  for a 7 bedroom, 11 bath, 18,227 square  foot home.  There are no condo/townhomes in the Monte Malaga neighborhood.

For background and history on Monte Malaga Multiple Listing Area 162, please click here to read my prior article on this neighborhood.

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

Photo above is of ocean & Queen’s Necklace views from the Monte Malaga neighborhood

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