Karina Gafford

Port Aransas, TX

Single-Family Homes



Port Aransas, TX

Wed Feb 28 2024
This week the median list price for Port Aransas, TX is $915,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 126. Click here to stay informed with the Port Aransas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Port Aransas, TX

Wed Feb 28 2024
This week the median list price for Port Aransas, TX is $915,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 126. Click here to stay informed with the Port Aransas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Port Aransas market.
Median List Price $915,000
Median Price of New Listings $974,000
Per Square Foot $571
Average Days on Market 142
Median Days on Market 119
Price Decreased 21%
Price Increased 2%
Relisted 13%
Inventory 126
Median Rent
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,899,000 2,728 4,500 - 6,500 sqft 4 4.5 6 4 2 56
$1,200,000 1,882 4,500 - 6,500 sqft 4 3.5 9 4 0 126
$849,250 1,658 4,500 - 6,500 sqft 3 3 14 3 2 147
$594,000 1,095 0 - 4,500 sqft 3 2 33 3 2 98