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Sandbridge Real Estate Sales – September 2012

Sandbridge Beach Home Sales set record pace. 46% more homes were sold in the last 12 months than the previous year. The increase is significant given that the previous year was a typical year in terms of unit sales. The number of condominiums sold were equal to the previous year.

There were 3 houses recorded as Closed Sales in Sandbridge for September, 2012. This is same number as last September.

When we talk about what has sold in Sandbridge for the past month we need to be on the same page. You may have heard discussions about how many houses sold recently. When a contract to purchase real estate is agreed to by the Buyer and Seller it is often referred to as a sale. This is an optimistic look at what should happen if all goes well.

For the purpose of reviewing sales contracts that went all the way to closing we look at which houses transferred title. The money was actually exchanged for the keys. We call these “Closed Sales”.

The houses that closed were:

# Street Name Sale Price Bed- Baths Square Pool Water- Date
      rooms   Feet   front Closed
2216 SANDPIPER RD  $ 405,000    4       2.5  1,438  Yes   No 9/27/2012
3437 SANDPIPER RD  $ 745,000    6      4.0  3,546  Yes   Yes 9/21/2012
3428 SANDPIPER RD  $ 325,000    3   1.0  1,626  Yes   No 9/12/2012