Sandbridge Market Metrics – January 1, 2023 – December 13, 2023 YTD

Sandbridge Market Metrics – January 1, 2023 – December 13, 2023 YTD
December 13, 2023 sandbridgehouses

market-metrics-jan-2018

Real estate activity continues to move steadily, the one segment that has slowed a bit is condos. Inventory with single-family houses remains low and are going “under contract” although at a slightly slower pace. This month’s stats cover the last 60 days since I missed reporting in November.

Sandbridge Homes

Active: 5
Sales: 42
Pending: 4
Contingent: 2
Average Days on Market: 25
Average List Price: $1,301,831.00
Average List Price Per SqFt: $528.47
Sales Price/List Price: $1,293,226.00
Sales Price/List Price: 100%
Absorption Rate: 1.38

Sandbridge Condos

Active: 21
Sales: 20
Pending: 1
Contingent: 0
Average Days on Market: 50
Average List Price: $615,185.00
Average List Price Per SqFt: $348.20
Sales Price/List Price: $603,002..00
Sales Price/List Price 98%
Absorption Rate: 12.14