Palos Verdes homes sales in the Malaga Cove neighborhood for the first half of 2024 increased to 17 single family homes sold compared to 9 homes sold in 2023. Price per square foot for Malaga Cove houses that sold in the first half of 2024 decreased to $1,131 from $1,158 in 2023, a 2.3% decrease. Average sales price for Malaga Cove homes sold in the first half of 2024 increased to $3,920,971 in 2024, compared to $3,651,444 in 2023. The most expensive Palos Verdes home sale in the Malaga Cove neighborhood was $10,800,000 and the lowest priced Palos Verdes home sale in the Malaga Cove neighborhood was $2,025,000.
Currently, the Malaga Cove neighborhood has 15 Palos Verdes homes for sale ranging in price from $2,599,000 for a 3 bedroom/2 bath, 2,368 square foot home, to $9,880,000 for a 6 bedroom/8 bath, 8,610 square foot home. There is one condo for sale for $895,000 for a 2 bedroom/2 bath, 1,299 square foot condo.
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
