Mon Jun 05 2023
This week the median list price for Port Aransas, TX is $979,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has increased to 141.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$979,000|
|Median Price of New Listings||$1,342,500|
|Per Square Foot||$558|
|Average Days on Market||106|
|Median Days on Market||70|
|Slight Buyer's Advantage|
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,990,000||3,122||4,500 - 6,500 sqft||4||4.5||9||3||0||63|
|$1,250,000||2,311||4,500 - 6,500 sqft||4||3.5||9||2||0||56|
|$850,000||1,654||4,500 - 6,500 sqft||3||2.5||11||2||2||84|
|$625,000||1,275||4,500 - 6,500 sqft||3||2||21||1||2||70|