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 Sarah's Blog 
Tuesday, January 24 2012

Last year our local real estate market had some terrific gains! I don't think anyone will say our economy is fully recovered, but the stats for Sanibel home sales for last year (2011) show an increase of 30.7% over 2010!

In 2010 there were 124 Sanibel home sales, and in 2011 we had 179! Sanibel condos also showed some good news - in 2010 we had 120 condo sales and in 2011 there were 142.

This is great news for Buyers and Sellers. With sales increasing it just might mean we hit the lows and are now moving up again.

Another interesting fact is Sanibel's high end Gulf Front home sales. In 2009 there were just two Gulf front sales, in 2010 we had five sales, and in 2011 we had 14 Sanibel Gulf front sales! Check below for all the stats!

Sanibel Home Sales (monthly) for 2011

Sanibel Condo Sales (monthly) for 2011
 

Sold 2010 2011 Av. Selling Price Days On Market List to Sell %
Sanibel Homes 124 179 $826,130   347

89% 

Sanibel Condos 120 142  $591,861  304

90% 

Sanibel Lots 21 19 $336,905 473

86%

 

 

 

 

 

 

 Captiva Homes

 10

 22

$1,782,059  

 349

 88%

Captiva Condos 

 8

 24

$737,754 

 480

 90%

 

I think it's easy to see that things are looking up! Our weather is beautiful (as usual), our beaches are fantastic (again, as usual) and we are ready to climb out of the bad economy of the last few years. So on that note, check out my four bedroom, four bath Captiva Gulf Front listing! This home is perfect for a getaway or a full time home. Renting is also an option as this house has a great rental history! CLICK HERE to check it out!
 
Sarah
 
 
Posted by: AT 03:24 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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