Kingsgate Real Estate Market Extends Downward Trend in Price Cuts

Over the past 30 days, there have been fewer price cuts in the Kingsgate market, continuing a three-week declining trend to land at eight. However, home sales were up to 31 over the same period. As might be expected, as the number of sellers reducing price trended lower, the median sales price continued to rise, trending upwards for four weeks to reach $519,950. The rising prices, along with the fact that there is a lower-than-normal one month of inventory, drive home the fact that Kingsgate is a definite seller's market.

If you want to see the best homes Kingsgate has to offer, check out these impressive listings:

$2M   $925K   $889K  

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

Demographic facts about Kingsgate:

  • There are 5.2% vacant homes here.
  • Average number of sunny days is 155 per year. (U.S. average: 205)
  • There are 479 students for every librarian. (803 = national average)

Data reported through 10/12/2016

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