Main Content

Home » Beach House » This week on Bolivar Live

This week on Bolivar Live

This week on Bolivar Live we discuss the Market Report for Bolivar Peninsula.

Click Here to Watch the entire show!

Bolivar Live Real Estate Talk with Beth

Bolivar Peninsula is a popular destination

Bolivar Peninsula is a beautiful stretch of land located on the Gulf of Mexico in Texas. It is a popular tourist destination and home to several communities, including Crystal Beach, Port Bolivar, and Gilchrist. The real estate market in Bolivar Peninsula has been experiencing significant growth over the past few years, and this trend is expected to continue.

Market Report February 2023

According to a market report released in February 2023, the median home price in Bolivar Peninsula has decreased by 15% over the past month, reaching $469,331. This growth in home prices is attributed to the high demand for properties in the area, driven by the region’s natural beauty, peaceful surroundings, and close proximity to Houston.

How long are homes staying on the market on Bolivar Peninsula

The report also notes that the number of homes sold in Bolivar Peninsula has increased by 8% over the past year, indicating a strong interest from both local and out-of-state buyers. Additionally, the average time a property spends on the market has in decreased from  last month 75 days, suggesting that homes are being sold quickly in this area.

Beach views command higher prices

The market report highlights that properties located near the beach or with water views command a premium price, with prices averaging 25% higher than similar properties without these features. This trend is not surprising, as the Bolivar Peninsula is known for its pristine beaches and stunning Gulf views.

Affordability brings buyers to Bolivar Peninsula

Another factor driving the real estate market in Bolivar Peninsula is the increasing number of retirees and second-home buyers looking for a peaceful and affordable place to settle down. The region offers a laid-back lifestyle, excellent fishing and boating opportunities, and a strong sense of community, making it an ideal place for those looking to escape the hustle and bustle of big cities.

Slow Steady Growth

The market report predicts that the real estate market in Bolivar Peninsula will continue to grow steadily over the next few years, as more buyers look for properties in this area. This growth is expected to be fueled by the increasing number of people looking for vacation homes, retirees looking to downsize, and families seeking a better quality of life.

Real Estate is Thriving on Bolivar Peninsula

In conclusion, the Bolivar Peninsula real estate market is thriving, with strong demand, rising prices, and decreasing time on the market. The region’s natural beauty, peaceful surroundings, and close proximity to Houston make it an attractive place to live, retire, or own a second home. If you’re looking to buy or sell a property in this area, it’s important to work with a knowledgeable and experienced real estate agent who can help you navigate the market and make informed decisions.

Start your search here


Or reach out to one of our agents to help you today!

Meet the Team