Folks who read my last Blog about Sanibel Island Real Estate were asking - what about Captiva Island Real Estate?

So here goes

For January through September 2009 versus January through September 2010 Captiva Real Estate differed greatly from Sanibel.

In all Captiva Island real estate categories - Houses, Condos and Land - the number of transactions is way down from 2009.  For houses and condos, the prices are down as well. Captiva has had an amazingly slow couple of years and the prices have continued to drop.  As the stock market and the overall economy picks up, I believe that Captiva Island real estate will rebound.

Below are the 2009 figures followed by the 2010 figures. 

As I said in my Sanibel real estate report - Is it a good time to buy - yes!  With lower prices and low interest rates, it is a very good time to buy!  Let me know if I can answer any questions for you about Island Real Estate

	January thru September
Captiva			2009			2010
				Ave Days on Mkt/			Ave Days on Mkt/
Houses Sold				Sales Price			Sales Price
	Conventional		12			5
	Short Sale		1			1
	Foreclosure		1			0
	Total		14	203 / $2,417M		6	463 / $1,911M
Condos Sold
	Conventional		40			18
	Short Sale		0			0
	Foreclosure		0			0
	Total		40	318 / $826,324		18	270 / $645,800
Vacant Land Sold
	Conventional		3			2
	Short Sale		0			0
	Foreclosure		0			0
	Total		3	630 / $2,241M		2	284 / $2,850M
Total Transactions thru Q3		2009	- 57		2010	- 26