Third Quarter Sanibel-Captiva Real Estate Sales - 2014 vs. 2015
January - September 2014 compared with January - September 2015
It's time to compare our same-time sales over the years to see how the Sanibel real estate market is doing. As you can see in the stats below, over the same 9-month period, most catagories show a marked improvement from last year. The exception are Captiva home sales, which are down, but the average selling price is up.
On Sanibel we currently (10/19/2015) have 105 home listings with prices ranging from $379,000 to $4,895,000. We have 88 Sanibel condo listings ranging from $225,000 to $2,695,000. On Captiva Island we currently have 37 home listings ranging from $889,000 to $9,900,000, and 37 Captiva condo listings from $244,000 to $2,700,000.
This is the lowest number of Sanibel homes for sale at this time of year I have seen in the 12 years of my being an island Realtor! As you might expect, there has been some price pressure due to this reduced inventory.
With our "season" right around the corner, we are expecting a busy real estate year! The economy is doing much better and our local rental offices are almost booked solid for the upcoming winter season. Today's weather up north is calling for freezing temps and snow! That's a great baramoter for how popular Sanibel and Captiva Islands will be!
A Great Start to 2015 Sanibel and Captiva Island Sales
Homes |
Sold |
Av price |
Av Market/Days |
List/Sell % |
Sanibel 2014 |
171 |
$820,517 |
227 |
93% |
Sanibel 2015 |
202 |
$883,706 |
245 |
94% |
Condos |
Sold |
Av Price |
Av Market/Days |
List/Sell % |
Sanibel 2014 |
130 |
$670,942 |
234 |
94% |
Sanibel 2015 |
132 |
$677,183 |
302 |
94% |
Homesites |
Sold |
Av Price |
Av Market/Days |
List/Sell % |
Sanibel 2014 |
20 |
$452,903 |
573 |
90% |
Sanibel 2015 |
36 |
$392,344 |
383 |
90%
|
Homes |
Sold |
Av price |
Av Market/Days |
List/Sell % |
Captiva 2014 |
23 |
$2,826,717 |
339 |
87% |
Captiva 2015 |
19 |
$3,136,250 |
482 |
92% |
Condos |
Sold |
Av price |
Av Market/Days |
List/Sell % |
Captiva 2014 |
17 |
$660,471 |
483 |
93% |
Captiva 2015 |
30 |
$1,112,050 |
235 |
95% |
 |
If you plan to visit Sanibel Island, of if you are a resident, download my Sanibel App! The Sanibel App is a great source for things to do and local information. You can get my FREE app at either the Google or Apple stores. Click here for the FREE download! Google Play or the Apple Store. |
As usual... give me a call at 239-691-4915 or use my Contact Form to get started on your Sanibel-Captiva property search. As an island resident I can help you find your perfect place in paradise! Call me today!
Sarah Ashton, Broker Associate
Royal Shell Real Estate
239-691-4915