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.
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.
###
Comments (4)Subscribe to CommentsComment