Sandbridge Market Metrics – January 1, 2020 – December 17, 2020 YTD

Sandbridge Market Metrics – January 1, 2020 – December 17, 2020 YTD
December 19, 2020 sandbridgehouses

market-metrics-jan-2018

As we close out the new year on the real estate front we have several premier homes that have gone under contract in the last 30 days. Of note is the private sale of 2816 Sandfiddler for $3,235,000, which to my knowledge makes it the largest sale in history at the beach. See links for additional pending and sold properties.

Sandbridge Homes

Active: 11
Sales: 81
Pending: 8
Contingent: 5
Average Days on Market: 131
Average Sales Price: $841,635.00
Average Sales Price Per SqFt: $283.87
Sales Price/List Price: 97%
Absorption Rate: 1.59

Sandbridge Condos

Active: 40
Sales: 32
Pending: 0
Contingent: 4
Average Days on Market: 237
Average Sales Price: $449,619.00
Average Sales Price Per SqFt: $252.92
Sales Price/List Price: 95%
Absorption Rate: 14.63