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Sandbridge Real Estate Sales February 2013

 

There were 2 houses recorded as Closed Sales in Sandbridge for February, 2013. This is 50% below the 4 houses that closed in February of 2012.

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 house that closed averaged $518,250 and 1,984 square feet. Both of these houses were 3 bedroom two bath homes, which are unusually small for Sandbridge. We have noticed high interest level from buyers wanting to get their foot in the Sandbridge door with some of the smaller properties.

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