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 Sarah's Blog 
Saturday, April 02 2011

Wow!  Here we are one quarter of the way through 2011.  Time really does fly when you are having fun!

We are having fun - certainly more fun than our friends up north this winter - My girlfriend in Massachusetts texted me yesterday to let me know she had 6 inches of snow and no power - ouch.  We have had the most outstanding weather this year in the 10 years I have lived here.  Absolutely without question - warm, sunny days and cool, windows open, sleeping nights - perfect...  But I digress....

On to Real Estate...March continued in a strong fashion.  2010 to 2011 we are just about the same in closings in the March vs. March comparison.

                                        2010                 2011
Sanibel Houses                   16                    21
Sanibel Condos                  16                    12
Sanibel Vacant Land            2                      2 
                                                                                                                               

           
Comparing the total Q1 2010 closings to Q1 2011 closings we are 70 to 90 or 28% ahead of last year.    That sounds pretty impressive to me.  We also have 46 Houses and Condos under contract right now. 

Prices?  Well it is still a bit all over the map.  We are seeing more transactions in the $1 million plus range than we did all of 2010.  And we are seeing the $500 thousand to $1 million with more strength than last year.  The bargain hunters are still out there and are still finding some deals though not as easily.  The folks who need to sell are negotiating and those who do not, aren't.

What is "hot" in Sanibel Real Estate?:  Sundial 2 bedroom condos.  5 have closed this quarter and the prices have come down to a great value for these larger, gulf front, gulf view units with rental potential.  Pointe Santo de Sanibel came in 2nd with 3 closings in Q1 - 2011.  Again - good values with rental potential.

Sanibel Real Estate and Captiva Real Estate is looking better than ever! Check out my listings!  or Check out ALL the listing!

Contact me to find out more or to schedule a time to take a look for yourself!

Posted by: Sarah Ashton AT 02:03 pm   |  Permalink   |  Email


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

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

 

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