Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2013

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

2013 Palos Verdes homes sales for Malaga Cove neighborhood decreased to 24 single family homes sold compared to 30 in 2012.  Price per square foot for Malaga Cove houses that sold in 2013 increased to $650 from $584 in 2012, a 11.3% increase.  Average sales price for Malaga Cove homes sold in 2013 increased to $2,004,958 from $1,898,649 in 2012.  The most expensive home sold for $3,700,000 and the lowest priced home sold for $1,225,000.

Currently, Malaga Cove has 5 active Palos Verdes homes for sale. There is 1 condo/townhome for sale at $649,900 for a 2 bedroom/3 bath, 1,540 square foot home. There are 4 single family homes ranging in price from $2,199,000  for a 3 bedroom/3 bath, 2,236 square foot home, to $4,995,000 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 of Malaga Cove Plaza courtesy of Arvin Design

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