Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2017
Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2017 increased to 42 single family homes sold in 2017 compared to 36 in 2016. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2017 increased to $745 from $685 in 2016, a 8.7% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2017 increased to $2,490,127 in 2017 compared to $1,900,153 in 2016. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $13,840,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,071,500.
Currently, the Lunada Bay/Margate neighborhood has 16 Palos Verdes homes for sale. There are 16 single family homes for sale ranging in price from $1,468,000 for a 3 bedroom/2 bath, 1,835 square foot home, to $14,900,000 for a 7 bedroom/10 bath, 11,000 square foot home. There no condo/townhomes for sale in this area.
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