Sandbridge Real Estate Net

Sandpiper Road Sales Triple versus Last Year.

Sandpiper has got back on track after a relatively slow sales period. Over 3 times as many houses have Sold or have Sales Pending on Sandpiper Road for the 6 month period ending 5/5/201. During this last 6 month period the average price of the Sandpiper Road “SOLD” homes was 79% higher than the previous year.  The average SOLD Sandpiper price was $546,000 up from $435,000.

Thinking of selling your beach house. Traditional thinking about which homes sell first applies. Buyers are looking for an attractive combination of Condition, Curb Appeal and Price. The days of selling Sandbridge beach houses with a large amount of deferred maintenance seem to be over. The nicest houses that are fairly priced are under contract relatively quickly. The flip side are the homes listed for prices that made sense in 2007 that need a lot of TLC. These homes count time on market in years not days.

Overall number of Sandbridge Beach houses sold or pending in the last 6 months are 78% ahead of the previous years period. Nice to see Buyers deciding to “pull the trigger”, if activity like this continues we will have hit the pricing bottom.

This entry was posted on Thursday, May 3rd, 2012 at 9:47 pm and is filed under Sellers. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.