2019 Palos Verdes homes sales for the Monte Malaga neighborhood decreased to 32 single family homes sold compared to 40 in 2018. Price per square foot for Monte Malaga houses that sold in 2019 decreased to $686 compared from $719 in 2018, a -4.5% decrease. Average sales price for Monte Malaga homes sold in 2019 was $2,618,319 compared to $2,601,516 in 2018. The most expensive home sold for $7,000,000 and the lowest priced home sold for $1,250,000.
Currently, Monte Malaga has 13 active Palos Verdes homes for sale. There are 13 single family homes ranging in price from $1,599,000 for a 4 bedroom/3 bath, 2,438 square foot home, to $12,700,000 for a 5 bedroom/8 bath, 9,484 square foot home. There are no condo/townhomes for sale in this area.
For background and history on Monte Malaga Multiple Listing Area 162, 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.
Originally posted to Elaine Carlson's real estate blog PalosVerdesSource.com.
Photo of Queen’s Necklace view from Monte Malaga courtesy of Arvin Design