2023 Palos Verdes homes sales for Lunada Bay/Margate neighborhood decreased to 59 single family homes sold compared to 61 in 2022. Price per square foot for Lunada Bay/Margate houses that sold in 2023 decreased to $997 compared from $1,038 in 2022, a 4.0% decrease. Average sales price for Lunada Bay/Margate homes sold in 2023 was $2.986,477 compared to $3,414,161 in 2022. The most expensive home sold for $7,450,000 and the lowest priced home sold for $1,562,152.
Currently, Lunada Bay/Margate has 13 active Palos Verdes homes for sale. There are 11 single family homes ranging in price from $2,200,000 for a 3 bedroom/3 bath, 2,293 square foot home, to $35,000,000 for a 7 bedroom/11 bath, 12,472 square foot home. There are 2 condo/townhomes ranging in price from $899,000 for a 2 bedroom/2 bath, 1,315 square foot condo to $980,000 for a 2 bedroom/2 bath, 1,142 square foot townhome.
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
