Palos Verdes Home Sales Monte Malaga Neighborhood First Half of 2015

Palos Verdes Home Sales Monte Malaga Neighborhood First Half of 2015

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Palos Verdes homes sales in the Monte Malaga neighborhood for the first half of 2015 increased to 13 single family homes sold in 2015 compared to 9 in 2014.  Price per square foot for Monte Malaga houses that sold in the first half of 2015 increased to $821 from $639 in 2014, a 28.6% increase.  Average sales price for Monte Malaga homes sold in the first half of 2015 increased to $3,203,538 in 2015 compared to $2,562,111 in 2014.  The most expensive Palos Verdes home sold in the Monte Malaga neighborhood was $15,550,000 and the lowest priced Palos Verdes home sold in the Monte Malaga neighborhood was $1,220,000.

Currently, the Monte Malaga neighborhood has 16 Palos Verdes homes for sale.  There are 16 single family homes for sale ranging in price from $1,695,000 for a 4 bedroom/3 bath, 2,438 square foot home, to $18,900,000 for a 7 bedroom/10 bath, 11,000 square foot home.  There are no condo/townhomes for sale in this area.

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

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

Photo of Queen’s Necklace View from Monte Malaga neighborhood courtesy of Arvin Design.

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