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Palos Verdes Real Estate Sales Lunada Bay/Margate Neighborhood 2019

By
Real Estate Agent with RE/MAX Estates Properties 00598848

Ocean view from Lunada Bay neighborhood, Palos Verdes Estates, CA 90274

2019 Palos Verdes homes sales for Lunada Bay/Margate neighborhood decreased to 74 single family homes sold compared to 79 in 2018.  Price per square foot for Lunada Bay/Margate houses that sold in 2019 increased to $730 compared from $710 in 2018, a 2.7% increase.  Average sales price for Lunada Bay/Margate homes sold in 2019 was $2,229,637 compared to $2,063,384 in 2018.  The most expensive home sold for $6,300,000 and the lowest priced home sold for $1,045,960.

Currently, Lunada Bay/Margate has 19 active Palos Verdes homes for sale. There are 18 single family homes ranging in price from $1,650,000 for a 4 bedroom/3 bath, 2,906 square foot home, to $27,500,000 for a 7 bedroom/15 bath, 13,032 square foot home.  There is 1 condo/townhome for sale at $819,000 for a 2 bedroom/2 bath, 1,881 square foot condo.

For background and history on Lunada Bay/Margate Multiple Listing Area 160, 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 ocean view from the Lunada Bay neighborhood courtesy of Arvin Design