Palos Verdes Real Estate Sales Lunada Bay/Margate Neighborhood 2016

Palos Verdes Real Estate Sales Lunada Bay/Margate Neighborhood 2016

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

2016 Palos Verdes homes sales for Lunada Bay/Margate neighborhood decreased to 71 single family homes sold compared to 88 in 2015.  Price per square foot for Lunada Bay/Margate houses that sold in 2016 increased to $686 compared from $661 in 2015, a 3.8% increase.  Average sales price for Lunada Bay/Margate homes sold in 2016 was $2,023,390 compared to $2,165,443 in 2015.  The most expensive home sold for $4,525,000 and the lowest priced home sold for $900,000.

Currently, Lunada Bay/Margate has 17 active Palos Verdes homes for sale. There are 17 single family homes ranging in price from $1,349,000 for a 5 bedroom/3 bath, 2,227 square foot home, to $13,900,000 for a 4 bedroom/5 bath, 6,844 square foot home.  There are no condo/townhomes for sale at this time.

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 of ocean view from the Lunada Bay neighborhood courtesy of Arvin Design.

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