Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2017

Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2017

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

Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2017 increased to 15 single family homes sold in 2017 compared to 13 in 2016.  Price per square foot for Malaga Cove houses that sold in the first half of 2017 decreased to $714 from $1,003 in 2016, a -28.9% decrease.  Average sales price for Malaga Cove homes sold in the first half of 2017 decreased to $2,165,100 in 2017 compared to $3,253,892 in 2016.  The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $4,200,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $1,375,000.

Currently, the Malaga Cove neighborhood has 19 Palos Verdes homes for sale.  There are 18 single family homes for sale ranging in price from $1,699,990 for a 4 bedroom/3 bath, 2,573 square foot home, to $23,450,000 for a 5 bedroom/6 bath, 8,847 square foot home.  Currently, there is 1 townhome for sale at $1,670,000 for a 3 bedroom/4 bath, 2,940 square foot townhome.

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

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