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Saturday, July 18 2015

Comparing 1st six months sales - 2014 vs. 2015

January - June 2014 compared with January - June 2015

It's always interesting to check out same-time sales over the years to see how our market is doing. As you can see in the stats below, over the same 6-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. Sanibel condo sales are also slightly down in numbers from last year.

On Sanibel we currently (7/18/2015) have 104 home listings with prices ranging from $450,000 to $4,895,000. We have 88 Sanibel condo listings ranging from $225,000 to $2,395,000. On Captiva Island we currently have (7/18/2015) 39 home listings ranging from $889,000 to $10,500,000, and 39 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.  
From January through June 30 there have been 159 houses that have been sold on Sanibel with prices ranging from $247,000 to $3,725,000.
Looking at these numbers it becomes clear that if the pace was consistent throughout the year that we have just under a four month supply of houses for sale.That is quite amazing. The reality is that this is our low time for inventory and we will begin to add listings in October/November.
Captiva Island also has the lowest number of condos for sale at this time of year that I have seen. 

A Great Start to 2015 Sanibel and Captiva Island Sales

Homes Sold Av price Av Market/Days List/Sell %
Sanibel 2014 128 $838,164 234 93%
Sanibel 2015 159 $896,728 252 94%

Condos Sold Av Price Av Market/Days List/Sell %
Sanibel 2014 103 $682,692 240 94%
Sanibel 2015 99 $689,117 322 94%

Homesites Sold Av Price Av Market/Days List/Sell %
Sanibel 2014 17 $441,356 612 89%
Sanibel 2015 27 $326,330 356

93%

Homes Sold Av price Av Market/Days List/Sell %
Captiva 2014 17 $2,834,794 374 90%
Captiva 2015 11 $2,927,955 473 92%

Condos Sold Av price Av Market/Days List/Sell %
Captiva 2014 12 $617,042 600 92%
Captiva 2015 22 $1,057,432 220 95%

Sanibel App 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

Posted by: AT 10:53 am   |  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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