Palos Verdes Home Sales Lunada Bay/Margate Neighborhood First Half of 2014
Palos Verdes homes sales for the Lunada Bay/Margate neighborhood for the first half of 2014 was nearly the same – 35 single family homes sold in 2014 compared to 36 in 2013. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2014 increased to $622 from $567 in 2013, a 9.7% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2014 increased to $1,680,947`in 2014 compared to $1,641,808 in 2013. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $3,900,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $899,000.
Currently, the Lunada Bay/Margate neighborhood has 32 Palos Verdes homes for sale. There are 3 condo/townhomes for sale ranging in price from $399,000 for a 1 bedroom/ 2 bath, 1,058 square foot condo/townhome, to $739,000 for a 3 bedroom/2 bath, 1,456 square foot condo/townhome. There are 29 single family homes for sale ranging in price from $1,079,000 for a 3 bedroom/3 bath, 1,871 square foot home, to $6,500,000 for a 7 bedroom/7 bath, 7,871 square foot home.
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.
Photo courtesy of Arvin Design