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Island home sales, prices on the rise - The Galveston County Daily News : Biz Buzz / Buzz Blog

July 24, 2014

Island home sales, prices on the rise

Posted: Tuesday, January 21, 2014 8:21 am | Updated: 8:23 am, Tue Jan 21, 2014.

Hot market: Houston’s sizzling economy, largely fueled by the white-hot energy industry, continues to fuel the island’s real estate market.

Year-end 2013 residential real estate transactions rose 11 percent, with 637 properties selling last year, compared with 576 the year before. Not surprisingly, hot spots include West End beach-front and beach-side homes, where sales increased 36 percent and 48 percent, respectively.

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