Port Aransas Real Estate Market Report 2018

By
Real Estate Broker/Owner with Port Aransas Realty Lic# 543729

The Port Aransas real estate market had a pretty remarkable 2018 considering hurricane Harvey devastated our community in late August 2017.  Although some businesses and homes are still being repaired, most fully recovered during 2018.  As of early 2019, many of the large Gulf front condo buildings are still undergoing repairs/renovations.  Several developments will likely not be completed until 2020.

 

Real estate prices in Port Aransas are down slightly from pre storm levels, but have not fallen as drastically as some predicted.  In 2018 the average single-family home sold for $478,925 ($250sf) and condos were at $291,512 ($227.09).  Residential lot pricing remained steady with the average sale priced at $151,132 ($24.59sf).

 

Early signs point to a strong market in 2019.  As a reference, the high-end, master-planned communities on Mustang Island are routinely seeing residential sales prices in excess of $400sf.  

 

Please contact me for information on the Port Aransas commerical real estate market which has seen a record level of activity since Harvey.  

 

Port Aransas real estate market report 2018

Monthly market updates are published on the Port Aransas real estate blog and this information will keep you informed on the hurricane Harvey recovery.

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Topic:
Real Estate Market Trends
Location:
Texas Nueces County Port Aransas
Groups:
Texas Real Estate
All Thing's Texas
Austin Texas Realtors
Texas Gulf Coast
San Antonio Information
Tags:
port aransas homes for sale
port aransas market report
port aransas after hurricane harvey

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Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Jan 27, 2019 06:50 PM #1
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Keith, Great information for buyers and sellers in your area and us here in the rain.

 

Feb 15, 2019 07:29 AM #2
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