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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Corpus Christi. Low rates, great selections with low prices and the cost of living below the state and national average makes a home purchase a great value! Call now for more information at 361-813-5152
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Corpus Christi is | Increasing |
| Seller Activity for the past 90 days in Corpus Christi is? | Increasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Low prices with good selection and competitive interest rates creates a perfect time to buy in Corpus Christi! |
| Nearest Metro Area | Corpus Christi |
| Housing Hot Spots | All new housing development areas within Nueces County are considered ’Housing Hotspots’ |
| Average Sold Price | $150,000 - View Graph Trend |
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Hannelore Schleicher
Holtzclaw Herrmann Real Estate Company
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