The Malaga Cove area of Palos Verdes Estates (area 163 in map below) had the following real estate activity for single family residences during the 2nd Quarter of 2015:
Properties Sold: 6
Malaga Cove Homes
Number of Properties Listed for sale as of 6/30/2015: 9 (4-5 months inventory based on the average monthly sales of 2 homes during the second quarter).
Average List Price at 6/30/2015: $3.1 million
Average Price per Sq. Ft. for Properties Sold during 2nd quarter: $887 per sq. ft., however due to the small number of sales, the price per sq. ft. of homes sold fluctuates widely.
Properties sold at an average of 95% of Original List Price.
For more Palos Verdes real estate market reports see the following link on my website: Market Reports
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