Palos Verdes Real Estate Malaga Cove Update

2011 Palos Verdes home sales for the Malaga Cove neighborhood increased to 30 single family homes sold compared to 28 in 2010 – a 7% increase.  Price per square foot for Malaga Cove houses that sold in 2011 was $574 compared to $581 in 2010.  However, average sales price for Malaga Cove homes sold in 2011 was $1,873,652 compared to $1,839,481 – a slight increase.

Currently, as of 3/26/2012, Malaga Cove has 8 active Palos Verdes homes for sale.  They range from $1,019,000  for a 3 bedroom, 2 bath, 1,892 square foot home to $3,750,000 for a 4 bedroom, 5 bath, 5,629 square foot home.

For background and history on Malaga Cove Multiple 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 above is of the Neptune Fountain at Malaga Cove Plaza

 

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