What a year it has been for real estate! We have experienced record property appreciation that has pushed sales prices to all time highs. What will 2022 bring, who knows? I do know we will continue to experience low inventory and historically low interest rates going forward into 2022. Time will tell, it always does.
Sandbridge Homes
Active: 5
Sales: 80
Pending: 3
Contingent: 2
Average Days on Market: 50
Average Sales Price: $1,172,547.00
Average Sales Price Per SqFt: $371.54
Sales Price/List Price: 99%
Absorption Rate: 0.727
Sandbridge Condos
Active: 12
Sales: 60
Pending: 3
Contingent: 2
Average Days on Market: 149
Average Sales Price: $489,467.00
Average Sales Price Per SqFt: $280.58
Sales Price/List Price: 97%
Absorption Rate: 2.33