Coastal Bend MLS 2010 1st Qtr Stats

The Coastal Bend Multiple Listing Service Statistics for the first quarter of 2010 are no surprise. For all practical purposes the first quarter shows the Corpus Christi housing market is status quo. There is, however, one bright spot: March is up just a bit and the hope is that trend will continue.

The statistics show, as predicted by NAR Chief Economist Lawrence Yun last month when he spoke here, that the real estate market will start moving in the coming months, but it will not be at a fast clip, but rather at a slower more methodical pace.

The number of closed sales for the first three months of 2009 stand at 730. That compares to 717 for the first quarter of 2010, down 1.78 percent.

The median average sales price for the first quarter of 2009 was $127,331. That compares to $129,416 for the first quarter of this year, up 1.64 percent.