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: