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Sandbridge Real Estate Sales – October 2012
There were 4 houses recorded as Closed Sales in Sandbridge for October, 2012. This is another record number, up 33% versus last October. The last 10 months have been very active in terms of closed sales. Confidence in real estate as an investment is supported by these results.
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 | Sale Price | Bedrooms | Full Baths | Half Baths | Square Feet | Pool | Waterfront | Date Closed |
| Sand Piper Rd | $539,000 | 5 | 3 | 1 | 2432 | YES | NO | 10/12/2012 |
| Wood Duck Rd | $650,000 | 4 | 2 | 1 | 2645 | NO | YES | 10/10/2012 |
| Sandfiddler Rd | $685,000 | 5 | 3 | 0 | 2477 | YES | NO | 10/19/2012 |
| Whiting Ln | $680,000 | 5 | 4 | 0 | 2560 | YES | YES | 10/5/2012 |
This blog is maintained by Michael of Kim Hughes & Company.