Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2024 decreased to 27 single family homes sold compared to 32 homes sold in 2023. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2024 increased to $1,023 from $997 in 2023 a 2.8% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2024 increased to $3,480,335 in 2024 compared to $3,023,442 in 2023. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $6,500,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,900,000.
Currently, the Lunada Bay/Margate neighborhood has 18 Palos Verdes homes for sale. There are 17 single family homes for sale ranging in price from $1,999,900 for a 3 bedroom/2 bath, 2,031 square foot home, to $29,750,000 for a 7 bedroom/11 bath, 12,472 square foot home. There is 1 condo/townhome for sale for $939,000 for a 2 bedroom/2 bath, 1,148 square foot condo.
For background and history on the Lunada Bay/Margate Neighborhood Multiple Listing Area 160, please click here to read my original 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
