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 Sarah's Blog 
Monday, January 06 2014

Our Markets are looking good!

Year-end statistics are always fun to look at, but sometimes difficult to analyze. Sanibel home sales are up. Average home selling prices are up. Sanibel land sales are slightly down, but compared to five years ago they are great.

Let's take a look at the market comparing 2012 to 2013.

2013 Area Average sales price Average days on market List to Sell Percentage Total Sales
Sanibel Homes $910,321 267 91% 197
Sanibel Condos $570,696 313 93% 162
Sanibel lots $482,833 463 86% 26
2012 Area Average sales price Average days on market List to Sell Percentage Total Sales
Sanibel Homes $823,598 273 91% 183
Sanibel Condos $551,244 390 91% 151
Sanibel lots $487,687 505 87% 33
Captiva Island is a much small area with a higher starting price point, but still it's interesting to see how the real estate market is doing. Captiva Island is almost at full build-out and the few vacant land sales bear that out.
2013 Area Average sales price Average days on market List to Sell Percentage Total Sales
Captiva Homes $2,522,056 337 94% 18
Captiva Condos $659,185 407 90% 36
Captiva lots $675,000 1058 97% 2
2012 Area Average sales price Average days on market List to Sell Percentage Total Sales
Captiva Homes $1,536,019 593 89% 26
Captiva Condos $836,129 368 92% 35
Captiva lots $1,221,667 203 87% 3

Sanibel currently has 179 homes listed, from $289,000 to $23,000,000. 160 Sanibel condos are listed from $264,900 to $2,999,900, and there are 88 lots listed from $169,900 to $7,998,000.

Captiva Island currently has 37 homes listed from $795,000 to $11,900,000. 36 Captiva condos are listed from $225,000 to $2,150,000, and there are only 4 Captiva lots listed from $1,590,000 to $2,995,000.

What does all this mean (besides our real estate market is very healthy)? It means we have a total of 504 properties available! I can definitely find you the perfect property to fit your needs. Homes, condos or homesites... make this your year for the islands! Call me today at 239-691-4915! Or use my Contact Form and I'll get back to you right away. 

If you want to start the search yourself, I have a great tool on my website where you can search by specific criteria, or by a map of the islands. Make this your year and contact me today!

Sarah Ashton, Broker Associate
Royal Shell Real Estate
239-691-4915 or my Contact Form

Posted by: AT 11:00 am   |  Permalink   |  Email


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

 
ReMax of the Islands
Sarah Ashton Sarah S. Ashton, Broker Associate, Realtor®
ReMax of the Islands
2400 Palm Ridge Road
Sanibel, FL 33957

 

Office Phone: 239.472.2311
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