Sandbridge
Total Inventory by Type: 52
Sales, $ Volume: $2,475,000
Absorption Rate: 17.32
Average Sold Prices: $825,000
Average Sold Prices Per Square Foot: $256.61
Average Days on Market: 139
Close Price to List Price Ratio: 95.5%
Sales in Month: 3
Sandbridge Condos
Total Inventory by Type: 36
Sales, $ Volume: $545,902
Absorption Rate: 17.4
Average Sold Prices: $272,951
Average Sold Prices Per Square Foot: $302.22
Average Days on Market: 71
Close Price to List Price Ratio: 82.7%
Sales in the Month: 2
Other Virginia Beach Neighborhoods
Lago Mar
Total Inventory by Type: 15
Sales, $ Volume: $470,000
Absorption Rate: 14.5
Average Sold Prices: $470,000
Avg Sold Prices Per Sq Ft: $171.90
Average Days On Market: 166
Close Price to List Price Ratio: 96.0%
Sales in the Month: 1
Heritage Park
Total Inventory by Type: 6
Sales, $ Volume: $3,895,899
Absorption Rate: 5.8
Average Sold Prices: $507,500
Avg Sold Prices Per Sq Ft: $163.63
Average Days on Market: 91
Close Price to List Price Ratio: 97.8%
Sales in the Month: 1
Ashville Park
Total Inventory by Type: 26
Sales, $ Volume: $1,519,356
Absorption Rate: 8.37
Average Sold Prices: $506,452
Avg Sold Prices Per Sq Ft: $155.41
Average Days on Market: 199
Close Price to List Price Ratio: 104.8%
Sales in Month: 3