Palos Verdes Real Estate Sales Malaga Cove Neighborhood 2023

2023 Palos Verdes homes sales for the Malaga Cove neighborhood decreased to 19 single family homes sold compared to 20 in 2022.  Price per square foot for Malaga Cove houses that sold in 2023 increased to $1,261 compared to $1,216 in 2022, a 3.7% increase.  Average sales price for Malaga Cove homes sold in 2023 was $3,915,737 compared to $3,728,075 in 2022.  The most expensive home sold for $8,150,000 and the lowest priced home sold for $1,949,000.

Currently, Malaga Cove has 7 active Palos Verdes homes for sale. There are 7 single family homes ranging in price from $2,450,000 for a 3 bedroom/2 bath, 1,497 square foot home, to $11,250,000 for a 5 bedroom/6 bath, 7,590. 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 Neptune Fountain at Malaga Cove Plaza courtesy of Arvin Design

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