Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2022

Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2022

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 2022 stayed the same with 33 single family homes sold in 2022 and in 2021. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2022 increased to $1,116 from $807 in 2021, a 38.3% increase.  Average sales price for Lunada Bay/Margate homes sold in the first half of 2022 increased to $4,010,839 in 2022 compared to $2,477,787 in 2021.  The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $17,150,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,775,000.

Currently, the Lunada Bay/Margate neighborhood has 16 Palos Verdes homes for sale.  There are 15 single family homes for sale ranging in price from $1,999,000 for a 3 bedroom/2 bath, 2,284 square foot home, to $4,500,000 for a 4 bedroom/3 bath, 3,000 square foot home.  There is 1 condo for sale for $949,000 for a 2 bedroom/2 bath, 1,171 square foot condo.

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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