The February Padre Island market report is available and displays strong numbers. Closed sales were up a whopping 43.2% compared to last year. Active listings were also up, with a total of 308 active listings for the month of February. The report indicates the median home price is down, only slightly from last year, at $272,000. Homes priced in the $200K-$299K take the lead as the largest group of homes priced on the market (41.2% total). Days on market only changed slightly from February 2019, totaling 186 days on market. Our agents are staying busy and continue to have deals in the pipeline that plan to close in the coming days and weeks.
