San Gabriel Real Estate Market Continues Strong Trend in Home Sales

Over the last 30 days, the sale of 25 homes took place in the San Gabriel market. This shows a 3.8% drop from the prior period but the area remains on a recent upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $700,000 over the latest reporting period for San Gabriel, down from $702,500. In spite of the decrease in sales, a low two months of inventory signals that San Gabriel is a definite seller's market.

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Demographic facts about San Gabriel:

  • The population density is 9,583.1 people per square mile.
  • The area's cost of living index score is 169.9. (100 = national average)
  • The average work commute is 32 minutes.

Data reported through 6/14/2017

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