Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2016
Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2016 increased to 13 single family homes sold in 2016 compared to 7 in 2015. Price per square foot for Malaga Cove houses that sold in the first half of 2016 increased to $1,003 from $879 in 2015, a 14.1% increase. Average sales price for Malaga Cove homes sold in the first half of 2016 decreased to $3,253,892 in 2016 compared to $3,413,429 in 2015. The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $11,950,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $1,438,600.
Currently, the Malaga Cove neighborhood has 14 Palos Verdes homes for sale. There are 14 single family homes for sale ranging in price from $1,399,000 for a 4 bedroom/3 bath, 2,500 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 the Malaga Cove Neighborhood Multiple Listing Area 163, please click here to read my prior article on this neighborhood.
To view current Palos Verdes home sales for the Malaga Cove neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.
Photo of Malaga Cove of courtesy of Arvin Design.