Home Sales Low in South Park Real Estate Market

The South Park market hit a low, with a record low three homes sold in the last 30 days. Sales showed a 25.0% drop from the prior period, returning to a low not seen since January. In comparison, the South Los Angeles neighborhood had 126 sales in the same time frame, the most of all close-by neighborhoods. Furthermore, a six-week upward trend in price reductions is expected to come to an end over the coming weeks. The median sales price rose to $588,000, up from last week's $553,750. A downturn in sales, coupled with the availability of 21 months of inventory, prove that South Park is a definite buyer's market.

If you are curious about inexpensive homes in South Park, start off by checking out these great listings:

$349K   $459K   $465K  

Get started right now by checking out South Park homes for sale or reviewing South Park real estate trends.

Demographic facts about South Park:

  • This area has an average elevation of 276 feet.
  • The median income per household is $76,632 in the area.
  • There are 733 students for every counselor. (513 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty Los Feliz
3 reviews
Plg Estates
Snapped 2 homes in this area
Teles Properties Manhattan Beach
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.