Look At What Sold In Palos Verdes Lunada Bay 1st Half 2012

By
Real Estate Agent with Remax Palos Verdes Realty

Ocean View from Lunada Bay neighborhoos

Palos Verdes homes sales for the Lunada Bay/Margate neighborhood for the first half of 2012 decreased to 29 single family homes sold in the first half of 2012 compared to 40 in the first half of 2011 – a 27% decrease.  We have been experiencing a low inventory of homes to sell since the first of the year.  Average sales price for Lunada Bay/Margate homes sold in the first half of 2012 increased to $1,857,241 from $1,616,298 for the first half of 2011 – a 15% increase.  Price per square foot for LunadaBay/Margate houses that sold in the first half of 2012 increased to $548 from $535 in first half of 2011 – an increase of 2%.  The most expensive home sold for $5,225,000 and the lowest priced home sold for $972,000.   To read more about the Palos Verdes Lunada Bay neighborhood, click here...

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South Bay Realtors
CALIFORNIA DREAMING
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seller information
buyer information
lunada bay neighbhorhood
palos verdes homes sales
palos verdes real estate
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Rainmaker
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Tony & Darcy Cannon
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Elaine, It is interesting how many market across the country are experiencing problems with low inventory.  This is a nice report, and it is good to see homes appreciating in price.  The other numbers would be better if you had the homes for the available buyers I am sure.  Have a great day!

Aug 14, 2012 09:39 AM #1
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