The statistics below show that the market has slowed from previous months. With single-family properties, part of the issue is inventory, with only 10 homes for sale it certainly limits options for buyers. Interest rates are also having a negative effect as well.
Sandbridge Homes
Active: 10
Sales: 8
Pending: 2
Contingent: 1
Average Days on Market: 47
Average List Price: $1,410,686.00
Average List Price Per SqFt: $473.68
Sales Price/List Price: $1,344,571.00
Sales Price/List Price: 95%
Absorption Rate: 4.83
*Does not include 2476 Sandfiddler Road
Sandbridge Condos
Active: 28
Sales: 6
Pending: 1
Contingent: 1
Average Days on Market: 43
Average List Price: $622,148.00
Average List Price Per SqFt: $364.12
Sales Price/List Price: $609,498.00
Sales Price/List Price: 98%
Absorption Rate: 18.04