Corpus Christi Association of Realtors has posted the Padre Island Corpus Christi Housing Report for December 2024.
Our active listing median prices have softened the past month to $357,000 which is actually a 23.4% decrease from where it was compared to last December at this time! CCAR shows us the data that has risen for active listings t0 41.2% with a total of 298 properties this past month compared to December 2023 while inventory also rose to 10.3 compared to 6.6 last year at this time.
Days on the market increased this past month with an average of 116 days and the highest categories for sales with 37.5% of all the sales being priced between $300,000 – $399,999. The market is still softening a bit as we head into new year with properties available across many pricing areas. Padre Island’s newest development Whitecap NPI is open for sales of their lots in Phase 1, Contact Coastline Properties Agent Ms. Amber Spicak at their office for all pre-sales. amber@coastline-properties.com
The Consumer Price Index rose at a slightly quicker pace than the 0.3% increase in the prior month, as energy prices surged by 2.6% in December alone. Gasoline prices shot up 4.4%. Over the year ending in December, CPI rose 2.9% — up from 2.7% in November 2024.
Cheri Sperling is the owner of Coastline Properties with a dedicated team of agents specializing in residential listings, sales, and property management in the Padre Island Corpus Christi real estate market. Coastline’s team is the most knowledgeable real estate office on Padre Island. No pressure style, patience, and an intimate understanding of the local market. They go to work for you!
Padre Island Corpus Christi December 2024 Data (Click Pic below for Larger Image)
