Monday, February 07 2011
Hi all you Sanibel Island lovers!
It is the first week of February and the islands are hopping! Likely due to the rough weather up north (I had to arrange to have 4 feet of snow removed from my folks home in Connecticut so I get it!) there are a lot of visitors here and many Sanibel Real Estate and Captiva Real Estate inquiries - yeah!
This activity prompted me to take a look at the number of Sanibel real estate closings last January and the number of closings this January. Lo and behold, there were 18 in 2010 and 22 in 2011. Given January typically isn't our month with the greatest number of closed sales, can we make the jump to believe that this year may have more closings than last? I think we can. If we get an additional 4 closings per month for the year, or 48 additional closings - we are on track to resume our more typical absorption rate of available Sanibel Island real estate inventory. This is good news for sellers and is even more motivation for buyers to get on it! If Sanibel Island has always been your dream - let me help you realize it while the prices are still low and the interest rates in your favor.