New Downward Trend in New Listings for Galveston Real Estate Market

Over the last 30 days, an established downward trend of new sellers coming into the Galveston market continued, with 34 listings in this week's report. Meanwhile, sales fell, with 24 homes selling during the same period. Potential buyers should note that prices are coming down in Galveston, and for this period the median sales price slid from $230,000 to $213,940. Along with the slip in sales, a relatively high 25 months of inventory indicates that Galveston is a strong buyer's market.

You can be the one to discover a gem in Galveston by checking out these new listings:

$875K   $369K   $130K  

Get started right now by checking out Galveston homes for sale or reviewing Galveston real estate trends.

Demographic facts for Galveston:

  • The average elevation is 4 feet.
  • The median income for the homes in this area is $36,293.
  • There are 444 students for every counselor. (513 = national average)

Data reported through 1/11/2017

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