Palos Verdes Real Estate Sales Lunada Bay/Margate Neighborhood 2014

Palos Verdes Real Estate Sales Lunada Bay/Margate Neighborhood 2014

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

2014 Palos Verdes homes sales for Lunada Bay/Margate neighborhood decreased to 75 single family homes sold compared to 82 in 2013.  Price per square foot for Lunada Bay/Margate houses that sold in 2014 increased to $627 compared from $578 in 2013, a 8.5% increase.  Average sales price for Lunada Bay/Margate homes sold in 2014 was $1,969,903 compared to $1,620,313 in 2013.  The most expensive home sold for $6,388,000 and the lowest priced home sold for $899,000.

Currently, Lunada Bay/Margate has 19 active Palos Verdes homes for sale. There are 2 condo/town homes ranging in price from $679,900 for a 2 bedroom/3 bath, 1,483 square foot condo, to $749,000 for a 3 bedroom/2 bath, 1,564 square foot condo. There are 17 single family homes ranging in price from $999,000 for a 3 bedroom/2 bath, 1,686 square foot home, to $5,900,000 for a 4 bedroom/5 bath, 5,700 square foot home.

For background and history on Lunada Bay/Margate Multiple Listing Area 160, please click here to read my prior 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.

Photo is ocean view from the Lunada Bay neighborhood

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