I think this is a GREAT time to buy in Galveston! To answer your question, YES! For the most part, prices are back to earth. Though it is a buyers market, homes (condos included) priced well are still moving. Thankfully, it seems the Galveston market is set for a slow, steady increase for a good while. There have been many really good, positive reports about the Galveston Real Estate market. See the link below and feel free to contact me if you wish to obtain additional information. Congrats on your upcoming retirement!! - Sun Jul 27 2008, 13:15