The first month of the new year came and went! The January 2020 Padre Island market report indicates the median home price has decreased by 14.7% from last year, at $229,000. Active listings are down only slightly by .7%, with a total of 301 listings for the month of January. Homes priced in the $200K - $299,999 price take the lead as the largest group of homes on the market (41.5%). Days on market is less than last year, sitting at 106 days on market and only a quick 29 days to close.
If you're in the market to buy or sell Port Aransas real estate, or Mustang Island real estate, contact our agents at 361.749.4001.