Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2020

Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2020

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

 

Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2020 decreased to 5 single family homes sold in 2020 compared to 10 in 2019.  Price per square foot for Malaga Cove houses that sold in the first half of 2020 decreased to $683 from $891 in 2019, a 23.3% decrease.  Average sales price for Malaga Cove homes sold in the first half of 2020 decreased to $2,877,271 in 2020 compared to $3,872,200 in 2019.  The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $5,800,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $1,654,000.

Currently, the Malaga Cove neighborhood has 9 Palos Verdes homes for sale.  There are 9 single family homes for sale ranging in price from $2,999,000 for a 4 bedroom/4 bath, 2,756 square foot home, to $14,850,000 for a 5 bedroom/7 bath, 8,942 square foot home.  There are no condo/townhomes for sale at this time.

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 Malga Cove Plaza courtesy of Arvin Design

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