Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2018
Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2018 decreased to 11 single family homes sold in 2018 compared to 15 in 2017. Price per square foot for Malaga Cove houses that sold in the first half of 2018 increased to $881 from $713 in 2017, a 23.6% increase. Average sales price for Malaga Cove homes sold in the first half of 2018 increased to $3,417,375 in 2018 compared to $2,162,467 in 2017. The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $9,250,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $1,600,000.
Currently, the Malaga Cove neighborhood has 10 Palos Verdes homes for sale. There are 10 single family homes for sale ranging in price from $1,975,000 for a 2 bedroom/3 bath, 2,360 square foot home, to $18,900,000 for a 5 bedroom/6 bath, 8,846 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 Plaza courtesy of Arvin Design.