Palos Verdes Homes Sales Lunada Bay/Margate 2020

Palos Verdes Homes Sales Lunada Bay/Margate 2020

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

2020 Palos Verdes homes sales for Lunada Bay/Margate neighborhood decreased to 65 single family homes sold compared to 75 in 2019.  Price per square foot for Lunada Bay/Margate houses that sold in 2020 increased to $763 compared from $726 in 2019, a 5.1% increase.  Average sales price for Lunada Bay/Margate homes sold in 2020 was $2,502,020 compared to $2,210,642 in 2019.  The most expensive home sold for $7,750,000 and the lowest priced home sold for $1,250,000.

Currently, Lunada Bay/Margate has 9 active Palos Verdes homes for sale. There are 9 single family homes ranging in price from $1,880,000 for a 5 bedroom/3 bath, 3,136 square foot home, to $22,995,000 for a 5 bedroom/9 bath, 11,049 square foot home.  There are no condos/townhomes for sale at this time.

For background and history on Lunada Bay/Margate Multiple Listing Area 160, please click here to read my original 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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