Palos Verdes Homes Sales Lunada Bay/Margate 2021

Palos Verdes Homes Sales Lunada Bay/Margate 2021

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

2021 Palos Verdes homes sales for Lunada Bay/Margate neighborhood increased to 83 single family homes sold compared to 65 in 2020.  Price per square foot for Lunada Bay/Margate houses that sold in 2021 increased to $834 compared from $763 in 2020, a 9.4% increase.  Average sales price for Lunada Bay/Margate homes sold in 2021 was $2,782,187 compared to $2,502,200 in 2020.  The most expensive home sold for $7,150,000 and the lowest priced home sold for $1,535,000.

Currently, Lunada Bay/Margate has 6 active Palos Verdes homes for sale. There are 5 single family homes ranging in price from $2,499,000 for a 6 bedroom/6 bath, 4,500 square foot home, to $3,800,000 for a 5 bedroom/5 bath, 4,526 square foot home.  There is only 1 condo/townhome for sale at this time at $889,000 for a 2 bedroom/3 bath, 1,370 square foot condo.

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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