South Gate Real Estate Market Sees Sales Increase

The South Gate market was solid in this week's report, as the number of home sales rose 12.5%, pushing the total to 36 homes sold over the last 30 days. At the same time, close-by Los Angeles reported 2,302 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in South Gate, and for this period the median sales price slid from $387,500 to $385,000. The rising sales and a low two months of inventory point to South Gate being a solid seller's market.

Any of these new listings in South Gate could be your dream home, so be sure to check them out:

$305K   $349K   $515K  

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

Demographic facts for South Gate:

  • The average elevation is 95 feet.
  • The area's median income per household is $42,590.
  • There are 840 students for every counselor. (513 = national average)

Data reported through 10/12/2016

Comments:

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HL REALTY GROUP
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Century 21 Realty Masters
Snapped 7 homes in this area
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