Corpus Christi Association of Realtors has posted the Padre Island Corpus Christi Housing Report for October 2024.
Our active listing median prices have risen the past month to $556,7500 which is actually a 23.7% increase from where it was compared to last October at this time! CCAR shows us the data that has risen for active listings t0 33.3% with a total of 328 properties this past month compared to Ocotber 2023 while inventory also rose to 11.7 compared to 7.3 last year at this time.
Days on the market stayed steady this past month with an average of 143 days and the highest categories for sales with 40.0% of all the sales being priced between $500,000 – $749,999. The market is still softening a bit as we head into the holidays 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 for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally
adjusted basis in October, the same increase as in each of the previous 3 months, the U.S. Bureau of
Labor Statistics reported today. Over the last 12 months, the all items index increased 2.6 percent before
seasonal adjustment.
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 October 2024 Data (Click Pic below for Larger Image)
