Palos Verdes Real Estate Sales Lunada Bay/Margate Neighborhood 2015

Palos Verdes Real Estate Sales Lunada Bay/Margate Neighborhood 2015

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

2015 Palos Verdes homes sales for Lunada Bay/Margate neighborhood increased to 80 single family homes sold compared to 77 in 2014.  Price per square foot for Lunada Bay/Margate houses that sold in 2015 increased to $664 compared from $627 in 2014, a 5.8% increase.  Average sales price for Lunada Bay/Margate homes sold in 2015 was $2,162,597 compared to $1,981,971 in 2014.  The most expensive home sold for $6,000,000 and the lowest priced home sold for $960,000.

Currently, Lunada Bay/Margate has 25 active Palos Verdes homes for sale. There are 25 single family homes ranging in price from $1,169,000 for a 3 bedroom/2 bath, 1,389 square foot home, to $5,200,000 for a 5 bedroom/6 bath, 6,168 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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