Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2016
Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2016 decreased to 36 single family homes sold in 2016 compared to 43 in 2015. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2016 increased to $685 from $664 in 2015, a 3.1% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2016 decreased to $1,900,153 in 2016 compared to $2,221,998 in 2015. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $4,260,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $900,000.
Currently, the Lunada Bay/Margate neighborhood has 33 Palos Verdes homes for sale. There are 30 single family homes for sale ranging in price from $1,399,000 for a 3 bedroom/2 bath, 2,370 square foot home, to $10,890,000 for a 6 bedroom/8 bath, 10,095 square foot home. There are 3 condo/townhomes for sale from $695,000 for a 3 bedroom/2 bath, 1,305 square foot condo/townhome, to $799,000 for a 3 bedroom/2 bath, 1,564 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.
Photo of ocean/coastline views from Lunada Bay neighborhood courtesy of Arvin Design