Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2022

Palos Verdes Home Sales Malaga Cove Neighborhood 1st Half 2022

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 2022 decreased to 12 single family homes sold in 2022 compared to 14 in 2021.  Price per square foot for Malaga Cove houses that sold in the first half of 2022 increased to $1,295 from $1,002 in 2021, a 29.2% increase.  Average sales price for Malaga Cove homes sold in the first half of 2022 increased to $3,514,583 in 2021, compared to $3,284,271 in 2021.  The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $5,400,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $2,425,000.

Currently, the Malaga Cove neighborhood has 7 Palos Verdes homes for sale.  There are 7 single family homes for sale ranging in price from $2,725,000 for a 3 bedroom/3 bath, 2,542 square foot home, to $13,988,000 for a 6 bedroom/7 bath, 10,000 square foot home.  There are no condo/townhomes for sale in this area.

For background and history on the Malaga Cove Neighborhood Multiple Listing Area 163, please click here to read my original 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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