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Sandbridge, VA. Homes Sales June 2012

June was another record month for Sandbridge single family homes sales.  Seven homes closed in June. The spread between the highest, $1,725,000 and the lowest, $405,000 reflects the diversity in our community.

Oceanfront, Third row and Canal homes were where the action was last month. The geographic and price breakdown is indicative of a market in recovery. “Early adaptor” buyers are buying oceanfront homes, lower priced homes and unique properties.

Condo sales continue to be hampered by the difficulty in getting financing. Cash buyers interested in acquiring a condo for vacation rental investment or beach retreats are in a strong bargaining position.

Keep in mind the terminology we use in this monthly “Sold Property” blog, see last month for this description.

The number of homes under contract for July closings is very strong. Contact me for more details on this strong market.

 

Address

Price Sale

Bdrs

Baths

SqFt

Pool

WtrFt

Closed

2713 SANDPIPER RD             514,500

5

3

         2,100

PL-I

N

6/8/2012

2633 SANDPIPER RD             525,000

5

3

         2,592

PL-I

N

6/15/2012

3324 SANDFIDDLER RD             920,000

5

4

         3,000

NONE

Y

6/14/2012

2400 SANDFIDDLER RD          1,725,000

6

5.8

         5,742

PL-I

Y

6/15/2012

2849 BLUEBILL DR             405,000

4

3

         2,400

NONE

Y

6/19/2012

3368 SANDFIDDLER RD             975,000

7

5

         3,496

PL-I

Y

6/18/2012

2704 BLUEBILL DR             850,000

6

4

         3,385

NONE

Y

6/25/2012

 

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