Galveston, Tx: Palisade Palms, the luxury 27 story condominium located on Galveston's East End on growing Grand Beach is seeing an increase in prices.  2010 was a very active year with 75 closings, 4th Quarter 2010 had 27 closings.  A steady stream of Buyers continue to view the property and buy units.  They realize prices have already hit bottom and they want to purchase now before seeing a large increase. 

Many new owners at Palisade Palms are buying a second or even a third condo for investment purposes.  Now that they have experienced all that Palisade Palms has to offer they understand the value of the property and are buying now while there are still some prime units on the market. 

2011 promises to be another productive year at Palisade Palms.

Palisade Palms Statistics:
Units: 288
Units Sold: 284
2010 Closings: 75
Units Active on the Market: 20
Homeowner's Association: Homeowners in control since 10/2008