It’s been a crazy 12-18 months in the Galveston condo market, and some pockets may be showing signs of stabilizing. The stats are a comparison of the first half of this year, versus the first half of last year. The numbers show quite a bit of growth, which isn’t surprising, considering the strictest lockdown period was during that time. Interest rates continue to hover in historically low territory, and inventory remains low as well, with only 55 active full-ownership units at month end.
