Palos Verdes Real Estate Sales Monte Malaga Neighborhood 2016

Palos Verdes Real Estate Sales Monte Malaga Neighborhood 2016

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2016 Palos Verdes homes sales for Monte Malaga neighborhood decreased to 27 single family homes sold compared to 32 in 2015.  Price per square foot for Monte Malaga houses that sold in 2016 decreased to $671 compared from $763 in 2015, a 12.1% decrease.  Average sales price for Monte Malaga homes sold in 2016 was $2,383,167 compared to $3,024,372 in 2015.  The most expensive home sold for $6,150,000 and the lowest priced home sold for $1,085,000.

Currently, Monte Malaga has 13 active Palos Verdes homes for sale.  There are 13 single family homes ranging in price from $1,650,000 for a 4 bedroom/3 bath, 2,285 square foot home, to $14,900,000 for a 7 bedroom/10 bath, 11,000 square foot home.  There are no condo/townhomes for sale at this time.

For background and history on Monte Malaga Multiple Listing Area 162, 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 Queen’s Necklace view from the Monte Malaga neighborhood courtesy of Arvin Design.

 

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