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North Padre Island Real Estate Market Report December 2019
Corpus Christi, Texas - January 11, 2020 – The Corpus Christi Association of REALTORS® (CCAR) housing report shows that the median price slipped to $235,000 and closed sales were down slightly at 2.9%, according to the December 2019 North Padre Island Housing Market data report.
Despite the monthly decline, the real estate market on North Padre Island continues to prosper. 2019 residential unit sales finished well ahead of Port Aransas (550 sales North Padre versus 396 sales in Port Aransas/Mustang Island). There are a number of new residential and commercial developments currently underway. The approval of long-awaited funding for the Park Rd 22 bridge will be a catalyst for additional development by connecting the bay and gulf sides of the island. Search all North Padre Island real estate for sale.
Keith McMullin is the Broker of Port Aransas Realty and Mustang Island Realty with a dedicated team of agents specializing in residential and commercial real estate in the North Padre Island and Port Aransas real estate markets.
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