Kelly Kelley

Kelly’s Market Update – 77554 Single Family Homes

Admin2 — Mon, 23 Jan 2012 18:00:36 +0000

Report for the week of: January 23, 2012

The median list price in GALVESTON,TX this week is $264,500. The 543 properties have been on the market for an average of 303 days.

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing,these are relatively negative implications for the market.

Supply and Demand

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Median Price

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend.

The Market Action Index is a good leading indicator for the durability of this trend.

Price per Square Foot

The price per square foot is increasing a bit recently and overall price trends haven’t shown a consistent upwardly push. This can imply that investment conditions are opportunistic. Watch the Remodel Index for a more detailed analysis of the investment opportunity in the area.

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Market Update: Condos for sale on Galveston Island

Admin2 — Sat, 21 Jan 2012 19:30:02 +0000

The median list price in GALVESTON, TX this week is $120,205. The 162 properties have been on the market for an average of 281 days. Inventory has been lightening lately and the Market Action Index has been trending up. These are mildly positive indications for the market.

Market Action Index

The GALVESTON market is currently quite strongly in the Buyer’s Advantage zone (below 30). The 90-day Market Action Index stands at 17.05. With several months of inventory available at the current sales rate, buyers should find ample choice.

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Market Report: Kelly Kelley’s Executive Summary 1-9-12

Admin2 — Tue, 17 Jan 2012 21:32:52 +0000

The Median List Price for single-family homes (all zip codes) in Galveston, TX is $250,000. Inventory has been lightening up lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

To get a detailed report, fill out the “Get A Free Custom Market Report” Form on the right side of this page (under the Galveston Market Information chart).

Custom Market Report – Kelly’s Weekly Executive Summary

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Search by Zip Code and Property Type (single-family home, condos, etc.)
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Tiki Island

Admin2 — Mon, 02 Jan 2012 18:30:48 +0000

Tiki Island is located at the East end of Galveston’s Causeway just north of Galveston Island Bay. This neigborhood is built upon canal waterways with several homes overlooking Galveston Bay.

Enjoy boating, fishing or watching amazing Tiki Island Sunsets from the community park area or your own private deck!

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Tiki Island Website

Bayou Vista

Admin2 — Mon, 02 Jan 2012 18:15:30 +0000

Bayou Vista is a single-family, residential waterfront community developed along a series of twelve dredged canals which provide access to Galveston Bay and the Gulf of Mexico. Residents can swim, fish or crab from their docks or fish from their boat in Galveston Bay.

Bayou Vista offers not only a multitude of recreational activities, but also offers the beauty of nature, including a multitude of birds living amongst the salt water canals.

The City of Bayou Vista has their own police and fire department nesseled close by the neighborhood.

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Bayou Vista Community Information

Omega Bay

Admin2 — Mon, 02 Jan 2012 18:00:11 +0000

Omega Bay is a residential subdivision within the city limits of La Marque, Texas, geographically situated between Interstate 45, State Highway 6 and Highland Bayou.

Every home in Omega Bay is canal front and has boat access to Galveston Bay or the Intercoastal Waterway. Fish from your dock or kayak to the bay. This neighborhood could be the perfect place for a weekend get-away or your forever home!

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Omega Bay Community Information

Colony Park

Kelly Kelley — Mon, 02 Jan 2012 09:30:53 +0000

Pleasant and appealing neighborhood made up of approximately 180 single family homes in mid Galveston. Most homes in this neighborhood were built in late 70′s & 80′s. Only two entrances keeps traffic to a minimal.

Crash Boat Basin

Kelly Kelley — Mon, 02 Jan 2012 09:15:03 +0000

Fish from the deck of your home located in Crash Boat. Most homes in this community are waterfront or canal front and have amazing Bay Views. With the deep water access, you can take out a nice-sized yacht or large sailboat. If a relaxing day is more your style, grab a kayak or canoe and watch the amazing sunset from your own waterfront coastal retreat!

Golf Crest

Kelly Kelley — Mon, 02 Jan 2012 09:00:52 +0000

Two blocks of quaint single family homes located off of Stewart Road in mid-Galveston. These homes could be an affordable option to a starter home or good potential for a rental investment.

Gulf Village

Kelly Kelley — Mon, 02 Jan 2012 08:45:48 +0000

A quiet neighborhood comprised of modest single family homes; built in the 1970′s. These homes are located on average-sized lots with front and back yards and have only a few entrances in and out of the community to keep the … Continue reading →