Welcome to your April 6th market update from the Bolivar Peninsula!
This week’s numbers tell a familiar story — one that continues to challenge sellers and offer opportunities for savvy buyers. According to the latest snapshot, there are now 466 active listings on Bolivar Peninsula, yet only 86 homes sold in the past six months. That gives us more than three years of inventory — a clear sign that sellers need to adapt to the market.
While the average list price hasn’t shifted much, there’s a silver lining: the price per square foot for sold homes increased to $332, a small but notable bump. This shows that buyers are still stepping up for the right properties — especially those that are priced competitively and offer value.
📉 Key Stats at a Glance:
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Average Sales Price: $446,000
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Average Days on Market: 198
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Sold Price per Sq Ft: $332
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Active Listings: 466
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Active Price per Sq Ft: $377
💡 What This Means for Sellers
If you’re looking to sell, now is the time to take a hard look at pricing. With three years of supply on the market, buyers have options — and they’re doing their homework. Listing a home too high can mean sitting for months with little interest. Pricing strategically can put your property at the top of the list.
Let’s talk about what your home is really worth in today’s market. I’d love to help you position it for a successful sale.
🌴 Upcoming Events: April on the Peninsula
Spring has officially bloomed across the Bolivar Peninsula, and April is full of exciting events. From community crawfish cook-offs and Easter celebrations to ribbon cuttings and the annual awards banquet, there’s plenty to enjoy and support.
👉 Be sure to check out the full April events calendar and mark your calendar!
📲 Ready to talk real estate or learn more about the market?
Let’s connect!
Beth Terminella
Your Bolivar Peninsula Real Estate Expert
WeSellCrystalBeach.com | 214-801-9801