Palos Verdes homes sales in the Monte Malaga neighborhood for the first half of 2023 stayed the same at 16 single family homes sold in 2023 and in 2022. Price per square foot for Monte Malaga houses that sold in the first half of 2023 decreased to $910 from $1,091 in 2022, a 16.6% decrease. Average sales price for Monte Malaga homes sold in the first half of 2023 decreased to $4,353,629 in 2023 compared to $4,580,188 in 2022. The most expensive Palos Verdes home sale in the Monte Malaga neighborhood was $10,850,000 and the lowest priced Palos Verdes home sale in the Monte Malaga neighborhood was $2,200,000.
Currently, the Monte Malaga neighborhood has 11 Palos Verdes homes for sale ranging in price from $2,370,000 for a 3 bedroom/3 bath, 2,615 square foot home, to $15,000,00 for a 5 bedroom/8 bath, 6,837 square foot home. There are no condo/townhomes for sale in this area.
For background and history on the Monte Malaga Neighborhood Multiple Listing Area 162, please click here to read my original article on this neighborhood.
To view current Palos Verdes home sales for the Monte Malaga neighborhood and 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