Coastal Bend MLS 2010 2nd Qtr Stats

The Second Quarter Coastal Bend Housing Sales Statistics are in and it is obvious from the numbers that the tax credit had an effect on the market. Statistics in April were up significantly from 2009 and they were down again in June. So what that means is that consumers did take advantage of the tax credit and either entered the housing market for the first time, or purchased a move-up home. That is certainly good news.

When you take a look at the figures it's easy to see that April 2010 closed sales were up significantly from April 2009 with 371 sales compare to 288, up 28 percent May figures also reflect an increase in sales of 12.74 percent with 354 Sales in May 2010. As for June, statistics reflect sales dropped in 2010 to 360 as compared to 396 in June of 2009.

The data also reflects that April was up in every category including average sales price, median sales price and total dollar volume.

With the apparent ups and downs, the overall good news is that the average numbers in each category were up. So on balance in Corpus Christi and the surrounding areas via our Coastal Bend MLS statistics the second quarter looked positive over all in the housing market.