Palos Verdes Real Estate Sales Monte Malaga Neighborhood 2015

Palos Verdes Real Estate Sales Monte Malaga Neighborhood 2015


2015 Palos Verdes homes sales for Lunada Bay/Margate neighborhood increased to 33 single family homes sold compared to 26 in 2014.  Price per square foot for Monte Malaga houses that sold in 2015 increased to $778 compared from $703 in 2014, a 10.7% increase.  Average sales price for Monte Malaga homes sold in 2015 was $3,116,542 compared to $2,829,452 in 2014.  The most expensive home sold for $15,500,000 and the lowest priced home sold for $1,220,000.

Currently, Monte Malaga has 12 active Palos Verdes homes for sale. There are 12 single family homes ranging in price from $1,535,000 for a 4 bedroom/3 bath, 2,482 square foot home, to $18,900,000 for a 7 bedroom/10 bath, 11,000 square foot home.  There are no condo/townhomes for sale in this area.

For background and history on Monte Malaga Multiple Listing Area 162, 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 Queen’s Necklace view from the Monte Malaga neighborhood courtesy of Arvin Design.

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