Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2017

Palos Verdes Real Estate Sales Malaga Cove Malaga Neighborhood 2017

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

2017 Palos Verdes homes sales for the Malaga Cove neighborhood decreased to 25 single family homes sold compared to 28 in 2016.  Price per square foot for Malaga Cove houses that sold in 2017 decreased to $735 compared from $958 in 2016, a -23.4% decrease.  Average sales price for Malaga Cove homes sold in 2017 was $2,175,300 compared to $3,336,789 in 2016.  The most expensive home sold for $4,200,000 and the lowest priced home sold for $1,375,000.

Currently, Malaga Cove has 10 active Palos Verdes homes for sale. There are 9 single family homes ranging in price from $1,999,000 for a 3 bedroom/3 bath, 2,360 square foot home, to $9,500,000 for a 5 bedroom/6 bath, 7,590 square foot home.  There is 1 condo/townhome for sale in this area at $749,000 for a 2 bedroom/3 bath, 1,517 square foot condo.

For background and history on Malaga Cove 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 Plaza courtesy of Arvin Design.

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