April continued with brisk activity on the real estate front. Currently, we have 4 homes and 14 condos for sale. I know I sound like a broken record but we are historic lows with inventory and historic highs for sales prices in regards to single family homes.
Sandbridge Homes
Active: 4
Sales: 29
Pending: 4
Average Days on Market: 85
Average Sales Price: $1,173,851.00
Average Sales Price Per SqFt: $339.82
Sales Price/List Price: 97%
Absorption Rate: 0.51
Sandbridge Condos
Active: 25
Sales: 26
Pending: 1
Contingent: 9
Average Days on Market: 120
Average Sales Price: $446,712.00
Average Sales Price Per SqFt: $261.32
Sales Price/List Price: 96%
Absorption Rate: 3.59