Flour Bluff in Corpus Christi Housing Report March 2018

By
Real Estate Agent with ULTIMA REAL ESTATE 0509570

Flour Bluff in Corpus Christi

Housing Report March 2018

Flour Bluff Housing Report March 2018

 

The housing numbers are in for the Flour Bluff Area of Corpus Christi Texas.  The median home price is down 16.1% bringing it down to $164,450 for the Month of March 2018.  This is in comparison to the same time period for last year.

 

Active Listings are down 3.1% with only 95 Homes listed for sale in the Flour Bluff Area of Corpus Christi in March 2018.  

 

Average Days on the market is unchanged from the same time period last year with 86 Days on the market, 31 Days to close bringing it to a total of 117 Days to close. 

 

There is currently 4.5 Months of Inventory on the Market for Sale in Flour Bluff - this is also unchanged from March 2017.

 

Closed Sales were down in March 2018 by 3.7% with only 26 Homes Sold in March 2018.

 

The Price Distribution is as follows:

$ 0 - $99,999 = 29.2%

$100,000 - $199,999 = 41.7%

$200,000 - $299,999 = 29.2%

$300,000 - $1,000,000 + = 0%

 

It is a slow start to the Housing Market in Flour Bluff this year.  Things that affect the home sales in this area are weather, economy, & Hurricane Harvey.  With interest rates on the rise, I am expecting Home Sales in Flour Bluff to rise in the coming months.  Spring is just around the corner & I am seeing more buyers coming into the market.  The low inventory is also keeping buyers away but thankfully more home sellers are getting their homes ready to go on the market for sale.  New construction in the area is also a factor.  Some of these sales are done directly through the builder and not through the association of realtors so those numbers are not a part of this information. 

 

 

Homes for Sale 78418

 

This information is brought to you courtesy of the Corpus Christi Association of Realtors.  

 

If you are looking to Purchase a Home in Flour Bluff or the Flour Bluff Independent School District, call Brenda J. Andrew Realtor with Ultima Real Estate at 361-688-7064. 

 

 

I am very familiar with the Flour Bluff area working this area since 2001.

  

If you are Looking to Sell Your Home in Flour Bluff,

Click Here for a FREE Home Value Report.

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Real Estate Market Trends
Location:
Texas Nueces County Corpus Christi Flour Bluff
Tags:
flour bluff homes for sale
flour bluff housing report
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Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good morning 

Thank you for sharing your information with us

Have a great day.

May 09, 2018 07:06 AM #1
Rainmaker
287,501
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

Hi Anthony Acosta - ALLATLANTACONDOS.COM  - Thank you for stopping by.  The market has picked up and I am waiting on the numbers for April, but I am sure they actually exceed the numbers for March.  Have a great day!

May 09, 2018 08:09 AM #2
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Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Hello Brenda,

Nice report and you still have some inexpensive homes around your communities.

May 11, 2018 10:24 AM #3
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Rainmaker
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Brenda J. Andrew

Professional Realtor in Corpus Christi, TX
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