Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2021

Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2021

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

2021 Palos Verdes homes sales for the Malaga Cove neighborhood increased to 37 single family homes sold compared to 19 in 2020.  Price per square foot for Malaga Cove houses that sold in 2021 increased to $1,022 compared to $815 in 2020, a 25.3% increase.  Average sales price for Malaga Cove homes sold in 2021 was $3,496,242 compared to $3,242,966 in 2020.  The most expensive home sold for $9,200,000 and the lowest priced home sold for $1,635,000.

Currently, Malaga Cove has 4 active Palos Verdes homes for sale. There are 4 single family homes ranging in price from $3,800,000 for a 4 bedroom/3 bath, 3,051 square foot home, to $10,850,000 for a 6 bedroom/8 bath, 8,497. Currently, there are no condo/townhomes for sale in this area.

For background and history on Malaga Cove Multiple Listing Area 163, please click here to read my original 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 Malaga Cove Plaza courtesy of Arvin Design

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