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PADRE ISLAND HOUSING REPORT – JANUARY 2025

PADRE ISLAND HOUSING REPORT – JANUARY 2025

Corpus Christi Association of Realtors has posted the Padre Island Corpus Christi Housing Report for January 2025.

Winter months, particularly December and January, present several challenges that make them the worst time to sell a property. One of the
primary reasons is the colder weather, even on Padre Island, which can make property hunting much less appealing attracting fewer buyers to a property.

We are still looking at a Buyer’s Market locally. Which means THIS is the perfect time to buy because prices are lower. Yes, interest rates are a bit
higher, but property prices are down. Buy now, and once interest rates adjust, refinance that property. They are saying the interest rates won’t change much
in 2025 but this gives you time to get that perfect property – BEFORE rates go down and prices of property start to rise.

While it’s not a strict rule or guarantee, properties typically appreciate over five years. It’s been forecasted there will be a modest increase in property
sales and property prices. HOWEVER, if inventory continues to rise with new listings coming out daily and property sales continue to be slow, then who
knows exactly when it will become a Sellers’ market once again?

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

In January, inflation unexpectedly accelerated. The consumer price index rose 3% from a year ago, data published Wednesday showed. That’s above December’s rate and the consensus expectation, both of which were 2.9%.

The CPI increased 0.5% over the month in January from December, above the forecast of 0.3% and recent month-over-month increases.

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 January 2025 Data (Click Pic below for Larger Image)

padre-island-corpus-christi-housing-report-january-2025

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Cheri represented us on the purchase and close of our home to an area we were new to. She was very knowledgable and helped us to get settled along the way. Pleasure to work with! Very well respected in her field of work.~ Koena T.
Coastline Properties is a very qualified Real Estate Agency in Corpus Christi, TX. They have great knowledge of the market, are proficient and very personable. I Have recommended several clients to them with like results.~ John L. Sullivan
Recently I asked my 10 closest friends who they would vote for as North Padre Island''s top Realtor; emphatically every single one of them came back and said "Cheri Sperling." This is why I trust Coastline Properties for all my real estate transactions.~ Alex K.
Absolute Best Corpus Christi Realtor!! Cheri Sperling from Coastline Properties came to our rescue, and we finalized the deal that closed on 04/09/12. Her impeccable communication skills helped us to truly create a win/win transaction. Her patience, commitment to people’s feelings and knowledge of Real Estate Law make her an outstanding Realtor. After dealing with a horrible Commercial Realtor trying to sell our business building that just wasn't going anywhere. We called Cheri, today I feel so blessed with the deal that she helped us negotiate. Thank You for everything Cheri....you are THE BEST!~ Astoria Properties, LLC
It is with our utmost privilege we endorse Coastline Properties! We have known Cheri Sperling for at least 15+ years. As a real estate professional and dear mutual friend! Thanks to Cheri we have been avoided many costly mistakes, in connection with the various houses she has shown us over the years. Her expertise and valuable advice, has prevented us numerous unnecessary expenses that could have had traumatic lasting affects!~ William & Norma Twijnstra
In the 37 years that I have lived in Corpus Christi, I have been involved in the purchase or sale of Real Estate 16 times. In the last three, my wife and I have been represented by Cheri Sperling of Coastline Properties. I highly recommend Cheri Sperling and feel she is the finest realtor I have ever had the pleasure of dealing with. She is knowledgeable, honest, energetic and dependable. Not only does Cheri know all of the ins and outs of the local real estate market and the applicable rules and regulations, she is willing to always go the extra mile to make the deal work and take the burden off of her client in the process. If I ever find myself in another real estate transaction in the future, I will make every effort to have Cheri Sperling represent me.~ Michael O’Reilly, P.C.
Cheri, Thank You for visiting with me this morning. I learn much from you. It is always so pleasant to walk into Coastline as I am always warmly greeted, the office is very inviting and full of helpful information for your clients. I am grateful for you putting 14318 Caribe Dr. on your calendar for October 9. I am excited about you and the agents seeing every nook and cranny that this amazing home has to offer.Have a great weekend..~ Mary Melick Real Estate
Cheri, We will always have fond memories of our time in Corpus Christi and our relocation experience because of you. You have done an outstanding job not only in buying and selling our house but throughout the entire relocation process creating a seamless transition. If we ever return to the Corpus Christi area, we know who to call. Thank you so much!~ Ken, Padre Islander
Thanks to Tara Gallaspy for doing such a great job on our recent home sale! It was nice to leave the job in such a capable person's hands and not have to worry about the myriad of details that take place in order to finalize a sale. Our house had a contract one week from listing, and the closing went off early without a hitch. Tara also went above and beyond between those two events. I would never hesitate to recommend her to a friend.~ Shannon Trial, Padre Islander