Sandbridge Market Metrics – January 1, 2024 – March 28, 2024 YTD

Sandbridge Market Metrics – January 1, 2024 – March 28, 2024 YTD
March 27, 2024 sandbridgehouses

market-metrics-jan-2018

On the real estate front, the big news is the sale of 2476 Sandfiddler for $5.1 million. This is the highest sale price for residential real estate in Sandbridge Beach. I was not involved in the sale so I do not know who the new owner is or the details.

Sandbridge Homes

Active: 8
Sales: 6
Pending: 3
Contingent: 0
Average Days on Market: 37
Average List Price: $1,174,980.00
Average List Price Per SqFt: $473.68
Sales Price/List Price: $1,138,800.00
Sales Price/List Price: 97%
Absorption Rate: 3.82

*Does not include 2476 Sandfiddler Road

Sandbridge Condos

Active: 29
Sales: 5
Pending: 0
Contingent: 0
Average Days on Market: 50
Average List Price: $619,578.00
Average List Price Per SqFt: $375.79
Sales Price/List Price: $611,398.00
Sales Price/List Price: 99%
Absorption Rate: 16.62