Sales Fall in South Gate Real Estate Market

The South Gate market slowed with a 3.4% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (25.5) with 28 homes sold. Within the same time frame, Los Angeles had 1,923 sales, the most of all cities in the area. The median sales price dropped to $409,500 over the latest reporting period for South Gate, down from $410,000. In spite of the decrease in sales, a low two months of inventory signals that South Gate is a solid seller's market.

With sizeable price reductions to these listings in South Gate, now is a prime opportunity to see them:

$419K   $420K   $319K  

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

Demographic facts about South Gate:

  • 94,396 people currently live in this area.
  • The safety rating here is 60. (Scale: 1 = Worst, 100 = Best)
  • The average commute to work for people in this area is 33 minutes.

Data reported through 1/11/2017

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HL REALTY GROUP
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