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Friday, May 01 2009

Continuing with my recent discussion about where Sanibel Island Real Estate is at this time - Condos are our topic today. This isn’t pretty so hold on. In 2006, the median sales price of a condo on Sanibel was $768,000 and was on the market for an average of 119 days. In 2008 - the median condo price had dropped to $612,500 or down 20.23% and the days on market had climbed to 223 days. WOW - a world of difference. In 2009 we are continuing to see prices fall some - not as in a Ft. Myers fall but still a fall. Sanibel Island Real Estate continues to hold better than many markets but it is still not pretty. Until next time

Posted by: Sarah Ashton AT 03:52 pm   |  Permalink   |  0 Comments  |  Email
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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

 

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