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: