Palos Verdes Home Sales Malaga Cove Neighborhood First Half 2015
Palos Verdes homes sales in the Malaga Cove Malaga neighborhood for the first half of 2015 decreased to 7 single family homes sold in 2015 compared to 13 in 2014. Price per square foot for Malaga Cove houses that sold in the first half of 2015 increased to $879 from $755 in 2014, a 16.4% increase. Average sales price for Malaga Cove homes sold in the first half of 2015 increased to $3,413,429 in 2015 compared to $2,275,269 in 2014. The most expensive Palos Verdes home sold in the Malaga Cove neighborhood was $7,900,000 and the lowest priced Palos Verdes home sold in the Malaga Cove neighborhood was $1,870,000.
Currently, the Malaga Cove neighborhood has 10 Palos Verdes homes for sale. There are 10 single family homes for sale ranging in price from $1,999.900 for a 5 bedroom/3 bath, 3,178 square foot home, to $10,995,000 for a 5 bedroom/6 bath, 7,497 square foot home. Currently, there are no condo/townhomes for sale.
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 Center courtesy of Arvin Design.