Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2014

Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2014

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

2014 Palos Verdes homes sales for Malaga Cove neighborhood increased to 31 single family homes sold compared to 24 in 2013.  Price per square foot for Malaga Cove houses that sold in 2014 increased to $784 compared from $650 in 2013, a 20.6% increase.  Average sales price for Malaga Cove homes sold in 2014 was $2,844,965 compared to $2,004,958 in 2013.  The most expensive home sold for $12,999,900 and the lowest priced home sold for $1,306,500.

Currently, Malaga Cove has 9 active Palos Verdes homes for sale. There are 2 condo/townhomes ranging in price from $635,000 for a 2 bedroom/2 bath, 1,138 square foot condo, to $1,895,000 for a 3 bedroom/4 bath, 2,770 square foot condo/townhome. There are 7 single family homes ranging in price from $1,950,000 for a 4 bedroom/3 bath, 2,667 square foot home, to $4,999,000 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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