Maureen Megowan's Blog

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Lunada Bay Real Estate Market Activity

There are 32 properties for sale in Lunada Bay and the Margate area as of 9/30/08, and 11 properties sold during the 3rd Quarter of 2008:

The average price per square foot of properties sold in the Lunada Bay / Margate area has maintained its value over the last year

The average days on market for properties in Lunada Bay is approx. 60, and properties have sold in the range of 94% to 98%of the property's list price:

For more information about buying and selling homes on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com

For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.

Comment balloon 0 commentsMaureen Megowan • October 10 2008 06:01PM
Lunada Bay Real Estate Market Activity
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There are 32 properties for sale in Lunada Bay and the Margate area as of 9/30/08, and 11 properties sold during the 3rd Quarter of 2008: The average price per square foot of properties sold in the Lunada Bay / Margate area has maintained its… more
Equestrian Facilities in Palos Verdes
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The following are the Equestrian Facilites available on the Palos Verdes Peninsula. The area is a horseman's paradise with miles and miles of trails throughout the area. The Palos Verdes Peninsula Horsemen's Association publishes the only horse… more
South Bay and Palos Verdes Market Activity
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Palos Verdes Peninsula - 113 single family residences were sold during the third quarter of 2008, compared to 158 during 2007 (a 29% decrease). The inventory of homes as of 9/30/08 has increased 22% from this time last year on the Palos Verdes… more
San Pedro Development
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There have been significant improvements made to the San Pedro Waterfront recently, with much more to come. The overall project is called "From Bridge to BreakWater", and is planned to be a 30 year build out for the complete project. The… more
Nature walks on the Palos Verdes Peninsula
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There are numerous wonderful nature trails throughout the Palos Verdes Peninsula. The following are some of the best: Monthly walks led by PVP Land Conservancy --- 310-373-0202 Palos Verdes Estates : Trails run along the blufftop at Paseo… more
South Bay Dog Parks
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Although there are no dog parks on the Palos Verdes Peninsula, there are two dog parks within a 15 minute drive. One is located in Redondo Beach at the corner of Flagler and 190th Street, and the other is… more
Interest Rate Update
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Mortgage rates have come down a bit from last week, as this chart from bankrate. com demonstrates: Mortgage Type TODAY +/- LAST WEEK 30 yr… more
House Passes Financial Relief Bill
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The House passed the Financial Relief Bill today on a vote of 263-171. Now what??? Supporters of the bill pointed to provisions aimed at protecting the taxpayers. Companies that sell mortgages and mortgage-back securities to the government… more
Rancho Palos Verdes Landslide Moratorium Struck Down by Courts
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It was reported today that a state appelate court has struck down the Landslide Moratorium that Rancho Palos Verdes had instituted which prohibited building on vacant land located in the ancient landslide area of Portuguese Bend in Rancho Palos… more
Information on Condos and Townhouse on the Palos Verdes Peninsula
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I have a page on my award winning website http://www. maureenmegowan. com that has detailed information about each of the major condos and townhome / townhouse projects on the Palos Verdes peninsula. Information provided include location maps,… more