In February 2022, there were three homes sold, with a median sale price of $460,000 - a 38.8% decrease over the $752,000 median sale price for the same period of the previous year. There were 28 homes sold in South Gate in February 2021.
The following table compares South Gate to other Los Angeles County cities with similar median sale prices in February 2022:
| City | Feb. 2022 Home Sales | Feb. 2021 Home Sales | % change (Total Home Sales) | Feb. 2022 Median Sales Price | Feb. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Diamond Bar | 1 | 50 | -98% | $700,000 | $661,500 | 5.8% |
| Pomona | 1 | 78 | -98.7% | $635,000 | $614,500 | 3.3% |
| Compton | 2 | 37 | -94.6% | $612,500 | $540,000 | 13.4% |
| Culver City | 1 | 33 | -97% | $580,000 | $1,025,010 | -43.4% |
| La Mirada | 1 | 32 | -96.9% | $580,000 | $682,500 | -15% |
| Castaic | 1 | 19 | -94.7% | $540,000 | $655,500 | -17.6% |
| Long Beach | 1 | 243 | -99.6% | $530,000 | $680,000 | -22.1% |
| Palmdale | 3 | 112 | -97.3% | $505,000 | $473,000 | 6.8% |
| South Gate | 3 | 28 | -89.3% | $460,000 | $752,000 | -38.8% |
| Norwalk | 2 | 56 | -96.4% | $458,750 | $620,500 | -26.1% |
| Lancaster | 1 | 121 | -99.2% | $440,000 | $465,000 | -5.4% |
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