Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2015

Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2015

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

2015 Palos Verdes homes sales for Malaga Cove neighborhood decreased to 20 single family homes sold compared to 31 in 2014.  Price per square foot for Malaga Cove houses that sold in 2015 increased to $802 compared from $784 in 2014, a 2.4% increase.  Average sales price for Malaga Cove homes sold in 2015 was $2,970,800 compared to $2,844,965 in 2014.  The most expensive home sold for $7,900,000 and the lowest priced home sold for $1,075,000.

Currently, Malaga Cove has 9 active Palos Verdes homes for sale. There are 9 single family homes ranging in price from $1,750,000 for a 3 bedroom/2 bath, 1,721 square foot home, to $28,000,000 for a 6 bedroom/8 bath, 10,100 square foot home.  Currently, there are no condo/townhomes for sale in this area.

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 Center courtesy of Arvin Design.

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