We are 2 months through 2011 and it's time to check in on how Sanibel Island real estate is shaping up. I can confirm - things are getting better - inventory is moving and people are buying!
Last February there were 18 Sanibel Island real estate sales. In February 2011 there have been 25. That's almost a 40% increase. The breakdown goes as follows:
Sanibel Houses 9 13
Sanibel Condos 7 11
Sanibel Vacant Land 2 1
This brings our total houses sold in 2011 to 24 and our total number of Condos to 22. Things are definitely improving. Particularly when you see that there are 49 Pending sales on Sanibel as well.
Are there any "Hot" neighborhoods? The answer is a resounding yes! Of the 24 houses sold on Sanibel thus far in 2011, 9 of them were located in the Dunes! For more about The Dunes, Click the photo or Click Here!
Contact me if you would like more detail on these numbers or would like to check out Sanibel Real Estate!