Market Update: Condos for sale on Galveston Island
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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