Sales Numbers Rise in Downey Real Estate Market

Over the last 30 days, the Downey market was active with 75 homes sold. To put it in perspective, close-by Long Beach registered 358 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Downey, and for this period the median sales price slid from $537,500 to $530,000. With only three months of inventory and rising sales, Downey is a seller's market.

You can be the one to discover a gem in Downey by checking out these new listings:

$639K   $510K   $649K  

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

Demographic facts for Downey:

  • The population growth rating is 65. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $7.73/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (19.0%), 15-29 min (37.0%), 30-44 min (25.9%), 45-59 min (8.6%), >60 min (9.6%).

Data reported through 10/12/2016

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