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Monday, October 19 2015

Third Quarter Sanibel-Captiva Real Estate Sales - 2014 vs. 2015

January - September 2014 compared with January - September 2015

It's time to compare our same-time sales over the years to see how the Sanibel real estate market is doing. As you can see in the stats below, over the same 9-month period, most catagories show a marked improvement from last year. The exception are Captiva home sales, which are down, but the average selling price is up. 

On Sanibel we currently (10/19/2015) have 105 home listings with prices ranging from $379,000 to $4,895,000. We have 88 Sanibel condo listings ranging from $225,000 to $2,695,000. On Captiva Island we currently have 37 home listings ranging from $889,000 to $9,900,000, and 37 Captiva condo listings from $244,000 to $2,700,000.

This is the lowest number of Sanibel homes for sale at this time of year I have seen in the 12 years of my being an island Realtor! As you might expect, there has been some price pressure due to this reduced inventory.  

With our "season" right around the corner, we are expecting a busy real estate year! The economy is doing much better and our local rental offices are almost booked solid for the upcoming winter season. Today's weather up north is calling for freezing temps and snow! That's a great baramoter for how popular Sanibel and Captiva Islands will be! 

A Great Start to 2015 Sanibel and Captiva Island Sales

Homes Sold Av price Av Market/Days List/Sell %
Sanibel 2014 171 $820,517 227 93%
Sanibel 2015 202 $883,706 245 94%

Condos Sold Av Price Av Market/Days List/Sell %
Sanibel 2014 130 $670,942 234 94%
Sanibel 2015 132 $677,183 302 94%

Homesites Sold Av Price Av Market/Days List/Sell %
Sanibel 2014 20 $452,903 573 90%
Sanibel 2015 36 $392,344 383


Homes Sold Av price Av Market/Days List/Sell %
Captiva 2014 23 $2,826,717 339 87%
Captiva 2015 19 $3,136,250 482 92%

Condos Sold Av price Av Market/Days List/Sell %
Captiva 2014 17 $660,471 483 93%
Captiva 2015 30 $1,112,050 235 95%

Sanibel App If you plan to visit Sanibel Island, of if you are a resident, download my Sanibel App! The Sanibel App is a great source for things to do and local information. You can get my FREE app at either the Google or Apple stores. Click here for the FREE download!  Google Play or the Apple Store.

As usual... give me a call at 239-691-4915 or use my Contact Form to get started on your Sanibel-Captiva property search. As an island resident I can help you find your perfect place in paradise! Call me today!

Sarah Ashton, Broker Associate
Royal Shell Real Estate

Posted by: AT 01:35 pm   |  Permalink   |  Email

Servicing the Real Estate Needs of Buyers and Sellers on Sanibel and Captiva Islands.

Sarah S. Ashton, Broker Associate, Realtor®
Keller Williams
22440 Palm Ridge Rd, Unit 4
Sanibel, FL 33957

Mobile: 239.691.4915
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