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Saturday, January 22 2011

Sanibel Island and Captiva Island Real Estate

A Year in Review

Here is brief look back at the Real Estate on Sanibel and Captiva Islands through 2010

A total of 303 properties were sold on Sanibel and Captiva Islands in 2010.  This is a 7.8% increase in the total sold in 2009.  Sanibel saw the most activity in 2010 with 265 properties sold making a 10.4% increase in total sold from 2009.  There were 124 Houses, 120 Condos and 21 Lots sold.  The real story is the increase in Condo sales.  In 2009 there were only 86 units sold on Sanibel and in 2010 there were 120.  Condos are back!

Captiva continued its slide with only 38 houses, condos and lots sold with Condo sales increasing from 22 in 2009 to 26 in 2010.  More evidence that Condos are back.

Prices pulled back in all segments on both islands during the first part of 2009.  They seemed to stabilize toward the end of the year.  The values are very good!

Property Sold on Sanibel Island in 2010

Homes:  124 with prices from $190,000 to $3,275,000

Condos:  120 with prices from $160,000 to $2087,500

Lots:  21 with prices from $115,000 to $1,295,000

Property Sold on Captiva Island in 2010

Homes:  10 with prices from $995,000 to $7,000,000

Condos:  26 with prices from $235,000 to $1,300,000

Lots:  2 with prices of $2,800,000 and $2,900,000

For more detail or any questions – contact me!

Posted by: Sarah Ashton AT 09:45 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

 

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