Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2019

Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2019

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

Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2019 decreased to 27 single family homes sold in 2019 compared to 42 in 2018.  Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2019 decreased to $714 from $724 in 2018, a 1.3% decrease.  Average sales price for Lunada Bay/Margate homes sold in the first half of 2019 increased to $2,493,507 in 2019 compared to $2,140,951 in 2018.  The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $6,300,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,375,000.

Currently, the Lunada Bay/Margate neighborhood has 39 Palos Verdes homes for sale.  There are 36 single family homes for sale ranging in price from $1,199,000 for a 3 bedroom/2 bath, 1,790 square foot home, to $27,500,000 for a 7 bedroom/15 bath, 13,032 square foot home.  There are 3 condo/townhomes for sale ranging in price from $689,000 for a 2 bedroom/2 bath, 1, 171 square foot condo, to $1,499,999  for a 4 bedroom/ 5 bath, 3,619 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

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