Skip to main content
#
 
  
Sanibel Island Real Estate, Captiva Island Real EstateFind Homes for Sale on Sanibel and Captiva Islands and Southwest Florida Sanibel Island and Southwest Florida Sensational Featured PropertiesSanibel Island Golf Homes for SaleSanibel Island Florida Beach HomesSanibel - Captiva Island Condos for SaleSouthwest Florida Off Island PropertiesBuy a Home on Sanibel Island Captiva IslandSelling Your Home in Sanibel Island - FSBO Sellers Look Here About Your Sanibel Island Real Estate  Agent  - Sarah Ashton
Southwest Florida Real Estate - Let Sarah Ashton Help You With Your Next Real Estate Purchase
Find Out What Our Clients Say About Our Sanibel and Captiva Island Real Estate Services
Contact Your Sanibel Island Realtor Today
Site Map
Sarah's Blog

Latest Posts
Archive
Categories

 Sarah's Blog 
Monday, October 25 2010

Folks who read my last Blog about Sanibel Island Real Estate were asking - what about Captiva Island Real Estate?

So here goes

For January through September 2009 versus January through September 2010 Captiva Real Estate differed greatly from Sanibel.

In all Captiva Island real estate categories - Houses, Condos and Land - the number of transactions is way down from 2009.  For houses and condos, the prices are down as well. Captiva has had an amazingly slow couple of years and the prices have continued to drop.  As the stock market and the overall economy picks up, I believe that Captiva Island real estate will rebound.

Below are the 2009 figures followed by the 2010 figures. 

As I said in my Sanibel real estate report - Is it a good time to buy - yes!  With lower prices and low interest rates, it is a very good time to buy!  Let me know if I can answer any questions for you about Island Real Estate

  January thru September        
Captiva     2009     2010  
        Ave Days on Mkt/   Ave Days on Mkt/
Houses Sold     Sales Price     Sales Price
  Conventional   12     5  
  Short Sale   1     1  
  Foreclosure   1     0  
  Total   14 203 / $2,417M   6 463 / $1,911M
               
Condos Sold            
  Conventional   40     18  
  Short Sale   0     0  
  Foreclosure   0     0  
  Total   40 318 / $826,324   18 270 / $645,800
               
Vacant Land Sold            
  Conventional   3     2  
  Short Sale   0     0  
  Foreclosure   0     0  
  Total   3 630 / $2,241M   2 284 / $2,850M
               
Total Transactions thru Q3 2009  - 57   2010  - 26  

Posted by: Sarah Ashton AT 05:14 pm   |  Permalink   |  Email
Thursday, October 14 2010
How is the Sanibel Island real estate market?

My clients all want to know.  So - here is what I discovered when mining the MLS system to see what went on January through September 2009 versus January through September 2010.

In all Sanibel real estate categories - Houses, Condos and Land - time on the market is longer and prices are down from 2009.   The good news is that the number of transactions is up -- 181 in 2009 and 219 in 2010.  This is a 20% increase over 2009 volume.

Below are the 2009 figures followed by the 2010 figures. 

Is it a good time to buy - yes!  With lower prices and low interest rates, it is a very good time to buy.

  January thru September      
      2009  
Sanibel       Ave Days on Mkt/
        Sales Price
Houses Sold        
  Conventional   101  
  Short Sale   7  
  Foreclosure   3  
  Total   111 266 / $774,220
         
Condos Sold        
  Conventional   61  
  Short Sale   2  
  Foreclosure   0  
  Total   63 316 / $678,140
         
Vacant Land Sold        
  Conventional   7  
  Short Sale   0  
  Foreclosure   0  
  Total   7 362 / $356,430
         
Total Transactions thru Q3   2009  
181  

____________________________________________________________________

    January thru September  
    2010  
Sanibel     Ave Days on Mkt/
      Sales Price
Houses Sold      
  Conventional 94  
  Short Sale 6  
  Foreclosure 2  
  Total 102 292 / $754,900
       
Condos Sold      
  Conventional 93  
  Short Sale 5  
  Foreclosure 0  
  Total 98 391 / $574,250
       
Vacant Land Sold      
  Conventional 19  
  Short Sale 0  
  Foreclosure 0  
  Total 19 436 / $347,370
       
Total Transactions thru Q3   219  
             
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
             

Posted by: Sarah Ashton AT 02:35 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

 

Office Phone: 239.472.2311
Mobile: 239.691.4915

Email Me

Terms Of Use - Privacy Policy - Contact Policy

Real Estate Logo Design, Real Estate Website Design &
Real Estate Marketing Services Provided by:

Site Powered By
    prostepmarketing.com
    Online web site design