North Padre Island Real Estate Market Report | November 2019

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

Corpus Christi, Texas - December 13, 2019  – The Corpus Christi Association of REALTORS® (CCAR) housing report shows that the median price was up slightly at $287,900 while closed sales were down 25.6%, according to the November 2019 Padre Island Housing Market data report. 

The real estate market on North Padre Island continues to prosper.  Y-T-D residential unit sales continue to outpace Port Aransas by a greater than two to one margin.  There are a number of new residential and commercial developments currently underway.  The recent approval of funding for the Park Rd 22 bridge will be a catalyst for additional development on N Padre Island.  AXYS Capital and IBC Bank are planning to complete the canal construction at the bridge site in early Spring 2020.

Explore all North Padre Island real estate for sale.  Stay tuned...it's about to ramp up quickly.

Padre Island real estate market report November 2019

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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Comments (4)

Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

This is valuable real estate market data for home buyers and sellers on North Padre Island, Keith.

Dec 13, 2019 07:53 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

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

 

Dec 14, 2019 08:34 AM
Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Nick

 

Dec 14, 2019 01:45 PM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Interesting report, Keith.  

Dec 15, 2019 01:29 PM