Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2023 decreased to 9 single family homes sold compared to 12 homes sold in 2022. Price per square foot for Malaga Cove houses that sold in the first half of 2023 decreased to $1,158 from $1,295 in 2022, a -10.6% decrease. Average sales price for Malaga Cove homes sold in the first half of 2023 increased to $3,651,444 in 2023, compared to $3,514,583 in 2022. The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $7,472,500 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $2,150,000.
Currently, the Malaga Cove neighborhood has 9 Palos Verdes homes for sale ranging in price from $2,799,000 for a 3 bedroom/2 bath, 2,029 square foot home, to $13,988,000 for a 6 bedroom/7 bath, 10,000 square foot home. There is 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 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 Malaga Cove Plaza courtesy of Arvin Design
