Home Sales Up in South Gate Real Estate Market

The South Gate market looked busy in this week's report, as the number of home sales rose 14.8%, pushing the total to 31 homes sold over the last 30 days. At the same time, close-by Glen Burnie reported 62 home sales, the highest number from all the surrounding cities. The median sales price remained unchanged over the latest reporting period for South Gate, coming in at $269,900. The rising sales and a low two months of inventory point to South Gate being a definite seller's market.

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Data reported through 10/12/2016

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