Port Aransas - Mustang Island Update

PORT ARANSAS, Texas - I must confess that I have been remiss in posting updates in recent weeks.  With that in mind, here are a few highlights:

  • The Port Aransas real estate market performed far better than most last year.  Total 2009 sales were 8% below 2008 levels.  Many of the sales were in new developments such as Cinnamon Shore and Village Walk.
  • Overall condo and home pricing appears to be flat, but that is in part due to numerous high-end properties that have somewhat skewed the average pricing numbers.
  • Commercial and residential lot pricing continues to fall and in some cases has returned to 2003 levels.
  • Local property management companies report early indicators of another very strong year for tourism and vacation rentals.
  • Our Winter Texan friends are here in great numbers.  Unfortunately, we are in the midst of a typical "El Nino" Winter with wet conditions.  Alas, it will be hot and sunny in no time.
  • In 2010 residents and visitors will enjoy the Port Aransas Nature Preserve that opened late last year.  The new Port Aransas Skate Park will be opening in a few weeks and will be a popular new addition to our community.
  • The first big Spring Break Weekend is March 13th (only a few weeks away).

Port Aransas Texas

Keith McMullin

CEO / Broker Mustang Island Ventures, LLC

111 E Cotter Ave

Port Aransas, TX  78373

361-749-7500

PortAransasRealty.com

MustangIslandRealty.com

MustangIslandVacationRentals.com

Comment balloon 2 commentsKeith McMullin • February 03 2010 10:52AM

Comments

Hey Keith, love the photo. I'll be glad to see those warm and sunny days; it has been an unusual cold, wet winter here in The Texas Hill Country. Hope to get down your way a few times this spring and summer.

Posted by Carl Winters almost 8 years ago

Good to hear from you.  We're water-logged down here too.  Drop me a line if you head this way.

Posted by Keith McMullin, Port Aransas Real Estate (Mustang Island Ventures, LLC) almost 8 years ago

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