Sandbridge Market Metrics – Year to Date 3/1/2017 – 3/31/2017

Sandbridge Market Metrics – Year to Date 3/1/2017 – 3/31/2017
April 13, 2017 sandbridgehouses

sandbridge-market-metricsMarket Metrics Year To Date – 3/1/2017 – 3/31/2017

Sandbridge Homes

Total Inventory: 52
March Sales: 4
Pending Sales: 3
Absorption Rate: 13.43
Average DOM: 174
Average SP: $738,750.00
Average SP SqFt: $256.70
SP/LP: 95%

Sandbridge Condos

Total Inventory: 36
March Sales: 2
Pending Sales: 2
Absorption Rate: 18.6
Average DOM: 240
Average SP: $594,950.00
Average SP SqFt: $317.52
SP/LP: 99%

Lago Mar

Total Inventory: 24
March Sales: 8
Pending Sales: 1
Absorption Rate: 3.1
Average DOM: 66
Average SP: $587,285.00
Average SP SqFt: $172.51
SP/LP: 98%

Redmill

Total Inventory: 13
March Sales: 2
Pending Sales: 7
Absorption Rate: 6.72
Average DOM: 83
Average SP: $433,500.00
Average SP SqFt: $147.55
SP/LP: 100%

Heritage Park

Total Inventory: 9
March Sales: 0
Pending Sales: 1
Absorption Rate: 9.3
Average DOM: 231
Average SP: $652,955.00
Average LP Sq Ft: $162.94

Ashville Park

Total Inventory: 25
March Sales: 4
Pending Sales: 6
Absorption Rate: 6.46
Average DOM: 14
Average SP: $617,294.00
Average SP Sq Ft: $206.27
SP/LP: 119%

If at any time you have questions about anything contained in these market metrics reports please feel free to contact me.  I am committed to providing my clients with the latest and most accurate assessment of market data so that you may make wise and informed real estate decisions.