Sandbridge Market Metrics – January 1, 2021 – August 31, 2021 YTD

Sandbridge Market Metrics – January 1, 2021 – August 31, 2021 YTD
September 2, 2021 sandbridgehouses

market-metrics-jan-2018

Homes and condos continued to be snapped up within days of going on the market. It goes without saying the demand for real estate in Sandbridge is strong with a limited supply. Of note, we are currently down to just 9 condos for sale, this is the lowest amount I have ever seen at the beach.

Sandbridge Homes

Active: 11
Sales: 54
Pending: 6
Contingent: 5
Average Days on Market: 64
Average Sales Price: $1,235,588.00
Average Sales Price Per SqFt: $360.60
Sales Price/List Price: 99%
Absorption Rate: 1.65

Sandbridge Condos

Active: 15
Sales: 47
Pending: 2
Contingent: 6
Average Days on Market: 166
Average Sales Price: $491,936.00
Average Sales Price Per SqFt: $279.04
Sales Price/List Price: 97%
Absorption Rate: 2.58