Coastal Bend MLS 2011 3rd Quarter Residential Housing Stats

Coastal Bend MLS 2011 3rd Quarter Residential Housing Stats

Coastal Bend MLS 2010 3rd Qtr Stats

Coastal Bend MLS 2011 2nd Quarter Stats

Coastal Bend MLS 2011 1st Quarter Stats

Coastal Bend MLS 2010 Year End Stats

With the state of the economy nationwide, it is certainly not a surprise that the housing market in Corpus Christi has followed the national trend as it took a dip in 2010. Not great news, of course. But there definitely some positives in our market statistics.

First, and most importantly, if you compare Corpus Christi to the rest of the nation we are certainly down less in our housing market on the whole, which also means our recovery time will in turn be much less as well.

In 2010, there were 3,521 homes sold through the Coastal Bend Multiple Listing Service. That compares to 3,658 homes sold in 2009; a total of 137 fewer homes were sold in 2010 as compared to 2009.

The median sales price in 2010 was $135,000 compared to $134,850 in 2009. Total Dollar Volume was $550.085 million compared to $563.794 million in 2009, a decrease of $13.709 million in total sales. Average days on the Market for 2010 was 149, and 148 for 2009 and our current inventory sits at 10.3 months as compared to 10.35 months for 2009.

That is a snapshot of our market for 2009 as compared to 2010.

Coastal Bend MLS 2010 4th Qtr Stats

Coastal Bend MLS 2010 3rd Qtr Stats

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.

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.

Fourth Quarter Housing Stats - Up From Last Year

December Closed Sales Bring Numbers Up For the Last Quarter of 2009


For the year, our sales figues are definitely down, but it is certainly positive that we ended 2009 with an improvement in the 4th quarter over the 4th quarter of 2008. Below are the year end Housing stats compareds.

Third Quarter Statistics Reflect Market Status Quo

In Corpus Christi, we have recently seen our market reflect some of what has been seen across the country. But keep in mind, we in Corpus Christi are in a much better position than most other cities nationwide, and Texas as a whole is faring much better that almost every other state in the nation.

That means although our housing sales have not rebounded as of yet, we expect to see that taking place in the near future. And with the recent expansion and extension of the tax credit, we should continue to be adding new buyers and sellers to the market.

The following are our third quarter MLS Statistics. You can also find them on our web site www.ccaronline.com. When you get there, click on blogger and put the word Stats in the search box.

Coastal Bend MLS 2nd Quarter Statistics

Here is the 2st Quarter 2008 Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from April 1, 2008 through June 31, 2008.

Data pulled: Sept. 25, 2009

Coastal Bend MLS 1st Quarter Statistics

Here is the 1st Quarter 2008 Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from January 1, 2008 through March 31, 2008.

Data pulled: May 28, 2008

Sold Sales 2008
January 265
February 307
March 341

Sold Sale 2009
January 191
February 242
March 290

Average Sales Price 2008
January $153,002
Februrary $156, 514
March $169,532

Average Sales Price 2009
January $148,511
February $145,879
March $141,064

Median Sales Price 2008
January $126,950
February $135,000
March $145,000

Median Sales Price 2009
January $128,990
February $131,250
March $120,750

Coastal Bend MLS Stats - October 2008

Here is the October 2008 Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from October 1, 2008 through October 31, 2008.

Data pulled: November 18, 2008

Sales Closed: 255 (October 2008) 392 (October 2007)

Sold Dollar Volume: $42,967,125 (October 2008) $64,858,165 (October 2007)

Average Sales Price: $168,499(October 2008) $165,455 (October 2007)

Coastal Bend MLS Stats - September 2008

Here is the September 2008 Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from September 1, 2008 through September 31, 2008.

Data pulled: October 22, 2008

Sales Closed: 309 (September 2008) 313 (September 2007)

Sold Dollar Volume: $50,974,128 (September 2008) $48,058,095 (September 2007)

Average Sales Price: $164,965 (September 2008) $153,540 (September 2007)

Coastal Bend MLS Stats - August 2008

Here is the August 2008 Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from August 1, 2008 through August 31, 2008.

Data pulled: August 15, 2008

Sales Closed:
377 (August 2008)
449 (August 2007)

Sold Dollar Volume:
$60,446,908 (August 2008)
$76,232,516 (August 2007)

Average Sales Price:
$160,337 (August 2008)
$169,783 (August 2007)

Coastal Bend MLS Stats - July 2008

Here is the July 2008 Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from July 1, 2008 through July 31, 2008.

Data pulled: August 15, 2008

Sales Closed: 373 (July 2008)

487 (July 2007)

Sold Dollar Volume: $64,236,846 (July 2008)

$81,795,607 (July 2007)

Average Sales Price: $172,217 (July 2008)

$167,958 (July 2007)

Coastal Bend MLS Stats - June 2008

Here is the June 2008 Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from June 1, 2008 through June 30, 2008.

Data pulled: July 15, 2008

Sales Closed: 393

Sold Dollar Volume: $64,782,308

Average Sales Price: $164,840

Coastal Bend MLS Stats - July Inventory

The following data comes from the Coastal Bend MLS and was pulled on July 1, 2008 @ 2:07 PM

Listings/ For Sale Properties

Residential: 3250

Commercial: 327

Lot and Acreage: 2023

Farm and Ranch: 110

Multi Family: 60

Coastal Bend MLS Stats - May 2008

As promised here is this months Coastal Bend MLS statistics. The following data is based on residential closed sales and the information comes from the Coastal Bend MLS from May 1, 2008 through May 31, 2008. Data pulled: June 17, 2008

Sales Closed: 433

Sold Dollar Volume: $65,589,576

Average Sales Price: $169, 921