Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2020 decreased to 19 single family homes sold in 2020 compared to 28 in 2019. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2020 increased to $758 from $704 in 2019, a 7.6% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2020 increased to $2,515,450 in 2020 compared to $2,433,204 in 2019. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $5,315,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,250,000.
Currently, the Lunada Bay/Margate neighborhood has 12 Palos Verdes homes for sale. There are 10 single family homes for sale ranging in price from $1,799,000 for a 2 bedroom/2 bath, 1,140 square foot home, to $19,500,000 for a 7 bedroom/15 bath, 13,032 square foot home. There are 2 condo/townhomes for sale ranging in price from $625,500 for a 2 bedroom/2 bath, 1, 140 square foot condo, to $1,299,999 for a 4 bedroom/5 bath, 3,619 square foot condo/townhome.
For background and history on the Lunada Bay/Margate Neighborhood Multiple Listing Area 160, please click here to read my prior article on this neighborhood.
To view current Palos Verdes home sales for the Lunada Bay/Margate neighborhood and 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/coastline views from Lunada Bay neighborhood courtesy of Arvin Design
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