Palos Verdes Home Sales Lunada Bay/Margate Neighborhood 1st Half 2020
Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2020 decreased to 19 single family homes sold in 2020 compared to 28 in 2019. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2020 increased to $758 from $704 in 2019, a 7.6% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2020 increased to $2,515,450 in 2020 compared to $2,433,204 in 2019. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $5,315,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,250,000.
Currently, the Lunada Bay/Margate neighborhood has 12 Palos Verdes homes for sale. There are 10 single family homes for sale ranging in price from $1,799,000 for a 2 bedroom/2 bath, 1,140 square foot home, to $19,500,000 for a 7 bedroom/15 bath, 13,032 square foot home. There are 2 condo/townhomes for sale ranging in price from $625,500 for a 2 bedroom/2 bath, 1, 140 square foot condo, to $1,299,999 for a 4 bedroom/5 bath, 3,619 square foot condo/townhome.
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