So much for the rainy season beginning on the islands. Like previous springs, afternoon showers have traveled over from the east coast, often giving Lee County a dousing. The joke here is that they can’t afford the bridge toll, so don’t come over the island.
So, we are still waiting for a break in the drought. There were a handful of drops Wednesday evening, but otherwise, no rain here – or at least on Sanibel’s east end. The forecast says that right through the holiday weekend and next week, daytime temperatures are expected to be the high 80’s with less than 50% chance of rain. Should be nice for those coming to enjoy the holiday!
Until the rainy season stirs things up the water surrounding the islands should remain a bright clear turquoise – just like a postcard. It’s beautiful just crossing the causeway.
Sanibel & Captiva Islands Association of Realtors
There was no Association of Realtors meeting this week, but the 12 annual SCIS (Sanibel & Captiva Islands Specialist) designation classes finished on Monday.
This morning Association members participated in the “bucket challenge” on the causeway, picking up trash.
It was a success, thanks to these Realtors and affiliates that participated.
Next Thursday is the May membership meeting followed by an Open caravan.
Island Real Estate Scoop
In chatting this week with a few colleagues, few, like us, are getting showing requests. They have a looker or two during an Open House, sometimes no one so it looks like the prospective buyer pool has dropped off significantly.
Realtors think the market is shifting but wonder what summer sales will be like. One mentioned that a prospective home buyer also noticed a change in inventory, saying that there now are fewer choices that fit their requirements. That’s a good reason for buyers to get more serious, particularly if they want a property anytime soon. Typically, inventory doesn’t increase much until late fall/early winter.
Looking at the residential real estate activity posted in the SanCap MLS, since last Friday, there have been 11 new sales posted: nine Sanibel homes and two Sanibel condos. During the same time, there were eight new residential listings and nine price changes.
Below, with data from the island MLS are summary tables of the residential sales statistics, followed by the details of the MLS action reported this week.
|
SANIBEL Residential |
CONDOS |
HOMES |
|
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
# |
Avg Price |
DOM |
|
|
For sale |
167 |
957,336 |
216 |
180 |
1,585,125 |
160 |
|
56 |
1,615,230 |
291 |
|
Under contract |
17 |
955,709 |
257 |
44 |
1,478,881 |
140 |
|
2 |
1,397,000 |
312 |
|
Sold to 5/22/2026 |
55 |
819,327 |
168 |
115 |
1,655,232 |
152 |
|
10 |
1,792,400 |
211 |
|
Sold 2025 |
104 |
755,564 |
153 |
159 |
1,291,016 |
140 |
|
7 |
952,857 |
252 |
|
Sold 2024 |
75 |
818,493 |
117 |
165 |
1,472,757 |
114 |
|
15 |
1,403,533 |
192 |
|
Sold 2023 |
98 |
955,261 |
65 |
263 |
1,267,390 |
73 |
|
24 |
920,645 |
76 |
|
CAPTIVA Residential |
CONDOS |
HOMES |
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
|
For sale |
42 |
1,648,092 |
187 |
29 |
6,083,775 |
285 |
3 |
10,166,666 |
555 |
|
Under contract |
5 |
780,000 |
287 |
1 |
11,900,000 |
214 |
0 |
N/A |
N/A |
|
Sold to 5/22/2026 |
16 |
916,031 |
141 |
5 |
3,815,000 |
257 |
0 |
N/A |
N/A |
|
Sold 2025 |
16 |
931,187 |
214 |
12 |
2,480,375 |
90 |
0 |
N/A |
N/A |
|
Sold 2024 |
13 |
1,728,846 |
185 |
8 |
4,887,187 |
182 |
0 |
N/A |
N/A |
|
Sold 2023 |
17 |
834,176 |
98 |
17 |
2,716,647 |
70 |
0 |
N/A |
N/A |
Sanibel & Captiva Islands Multiple Listing Service Activity May 15-22
CONDOS
No new listings.
3 price changes: Spanish Cay #D5 2/2 now $425K, Blind Pass #A201 2/2 now $470K, Lighthouse Point #214 3/2 now $634K.
2 new sales: Spanish Cay #B3 2/2 listed at $425K, Oceans Reach #4A2 2/2 listed at $825K.
3 closed sales: Spanish Cay #F7 1/1 $295K, Captains Walk #E4 2/1.5 $323K, Island Beach Club #P5D 2/2 $1.35M.
HOMES
4 new listings: 9007 Mockingbird Ln 3/3 $1.2M, 283 Palm Lake Dr 3/2 $1.345M, 789 Pyrula Ave 4/3 $1.45M, 335 Cowry Ct 5/5.5.5 $2.75M.
5 price changes: 746 Cardium St (multi-family) 4/2 now $800K, 485 Peachtree Rd 3/3 now $950K, 742 Nerita St 3/2 now $1.295M, 1973 Wild Lime Dr 4/3 now $1.385M, 5810 Pine Tree Dr 4/3 now $1.795M.
9 new sales: 1377 Sand Castle Rd 4/3 listed at $699K, 5304 Ladyfinger Lake Rd 3/2 listed at $795K, 3366 Barra Cir 3/2.5 listed at $825K, 3990 Coquina Dr 3/2 listed at $1.074M, 1172 Kittiwake Cir 5/3 listed at $1.449M, 918 Kings Crown Dr 3/2.5 listed at $1.595M, 505 Lighthouse Way 4/3.5 listed at $1.687M, 2391 Shop Rd 3/2.5 listed at $1.799M, 5145 Joewood Dr 5/4.5 listed at $2.994M.
4 closed sales: 446 Lake Murex Cir 2/2 $579K, 3351 Barra Cir 3/2.5 $1.25M, 706 Gopher Walk Way 3/4 $1.3M, 2312 Starfish Ln 4/3.5 $1.8M.
LOTS
1 new listing: 6411 & 6419 Pine Ave & 6020 White Heron Ln $4.995M (for all three).
1 price change: 1653 Bunting Ln now $365K.
No new sales.
1 closed sale: 6408 Pine Ave $1.25M.
Captiva
CONDOS
1 new listing: Gulf Beach Villas #2125 3/2 $719K.
No price changes or new sales.
3 closed sales: Bayside Villas #4122 1/2 $280K, Tennis Villas #3124 1/1 $320K, Lands End Village #1641 2/2 $1.6225M.
HOMES & LOTS
Nothing to report.
This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association, or its MLS, may not reflect all real estate activity in the market. The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating in or participated in these transactions.




































































Blind Pass – The Blind Pass waterway that separates Sanibel and Captiva was recently sealed off by a sandbar. This pass, which usually allows water to flow from the gulf to the bay, is blocked by sand that moved after the recent beach renourishment project. That project was intended to protect and strengthen island shoreline. Lee County officials say this pass closure highlights how dynamic coastal systems can be after major storms and large restorations. They believe it is smart to allow the shore to become more stable before performing additional dredging. That may not be until next year.
The Ibis Grill – is the name of the newly opened restaurant at Sanibel Island Golf Club in Beachview Country Club Estates located at 1100 Par View Dr. Hours are 11 a.m. to 7 p.m. For golfers, both locals and visitors, the Club also has some special March madness pricing.
The Mucky Duck – This local favorite on Captiva reopened this week. Still right on the beach and restored following the storms of 2024, it is open from 11:30 a.m. to 9 p.m. I think I went to the Duck for the first time nearly 40 years ago. Lotsa great memories there, including when Willard Scott used to play tricks with a movable window when walk-ins asked for a window table and all of the tables next to the real windows were already occupied.
The theme of the 2026 Market Trends outlook on March 12 at the Caloosa Sound Convention Center in downtown Ft Myers was “Data Over Drama”. With about 1,300 real estate professionals in attendance, three business experts said the region market downturn is far from a crash.
Enjoy your weekend, Susan Andrews, aka SanibelSusan