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% |
 |
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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
