Queen's Necklace Ocean view from Monte Malaga neighborhood

Palos Verdes Homes Sales Monte Malaga 2022

2022 Palos Verdes homes sales for the Monte Malaga neighborhood decreased to 31 single family homes sold compared to 46 in 2021.  Price per square foot for Monte Malaga houses that sold in 2022 increased to $1,016 compared from $883 in 2021, a 15.2% increase.  Average sales price for Monte Malaga homes sold in 2022 was $4,466,710 compared to $3,560,199 in 2021.  The most expensive home sold for $9,350,000 and the lowest priced home sold for $1,950,000.

Currently, Monte Malaga has 4 active Palos Verdes homes for sale. There are 4 single family homes ranging in price from $4,500,000 for a 7 bedroom/4 bath, 5,838 square foot home, to $15,000,000 for a 5 bedroom/8 bath, 6,831 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 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 Queen’s Necklace view from Monte Malaga courtesy of Arvin Design

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