Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2021

Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2021

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 2021 increased to 32 single family homes sold in 2021 compared to 19 in 2020.  Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2021 increased to $794 from $758 in 2019, a 4.8% increase.  Average sales price for Lunada Bay/Margate homes sold in the first half of 2021 decreased to $2,498,968 in 2021 compared to $2,515,450 in 2020.  The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $4,780,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,550,000.

Currently, the Lunada Bay/Margate neighborhood has 16 Palos Verdes homes for sale.  There are 16 single family homes for sale ranging in price from $1,490,000 for a 3 bedroom/2 bath, 1,720 square foot home, to $19,995,000 for a 5 bedroom/9 bath, 11,049 square foot home.  There are no condo/townhomes for sale at this time.

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