Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2018
Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2018 decreased to 39 single family homes sold in 2018 compared to 44 in 2017. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2018 decreased to $733 from $774 in 2017, a 5.4% decrease. Average sales price for Lunada Bay/Margate homes sold in the first half of 2018 decreased to $2,206,640 in 2018 compared to $2,551,939 in 2017. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $6,500,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,126,853.
Currently, the Lunada Bay/Margate neighborhood has 24 Palos Verdes homes for sale. There are 22 single family homes for sale ranging in price from $1,499,900 for a 4 bedroom/3 bath, 2,139 square foot home, to $23,888,000 for a 5 bedroom/9 bath, 11,049 square foot home. There are 2 condo/townhomes for sale ranging in price from $725,000 for a 2 bedroom/3 bath, 1,878 square foot home, to $799,000 for a 2 bedroom/ 2 bath, 1,340 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