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Sandbridge Real Estate Sales – January 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”.

There were 5 houses recorded as Closed Sales in Sandbridge for January, 2012. This is a record number for this time of year. December and January were very active months, this activity correlates to the national press reports of Vacation properties selling at an above average rate. Historically low interest rates, reduced sales prices, uncertainty in the stock market and an improving economy certainly play a part in this market upturn.

The houses that closed were:

Number Street Sale Price Bedrooms Baths  Square Feet Date Closed
2401 SANDPIPER 484,000 4 3                   2,592 1/13/2012
2328 SANDFIDDLER 1,700,000 5 4.9                   6,517 1/13/2012
329 TEAL 525,000 4 3                   2,362 1/24/2012
3248 SANDFIDDLER 782,000 5 3                   2,310 1/27/2012
2604 SANDPIPER 375,000 4 2                   1,901 1/27/2012

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