Woohoo! It’s another beautiful Friday on sunny Sanibel. You must get sick hearing that. The weather gurus keep promising cool fronts. Maybe next week, as they now are suggesting that temps may go down into the 50’s Tues night with our first day with a high in just the low 70’s on Wed. Temperatures are expected to slowly creep back to 80 by next weekend though. We will have to wait and see what next Friday brings.

It sure would be nice to be able to wear long sleeves for the Thanksgiving celebration which is Sunday evening, Nov 18 at The Community House. It’s always a fun spirited community event. BIG ARTS Sanibel Community Chorus will be joining the Seahorse Choral from the Sanibel School and you can be sure that a few pilgrims and Indians will be there too.

I have been out showing property this afternoon. No new sales yet but you can be sure I am working on it. The action posted in the Sanibel & Captiva Multiple Listing Service since last Friday are after a couple of news items below.

Election Madness

Many colleagues – me too – thought that with the mid-term elections over, sales would improve. Now it seems that Florida’s outcome maybe be closer than first reported.

The good news is that the amendments supported by Florida Realtors® did pass. The candidates supported by them also are the ones that do look to be the ones elected. Let’s hope that the final results are verified quickly.

Sanibel & Captiva Islands Association of Realtors®

Yesterday, at Realtor® Caravan, there were a lot of surprised faces when not a single new sale was announced. There were plenty of new listings and price reductions reported though, so it will be interesting to see how the next few weeks shake out. Sales are in-the-works, so hopefully more will be reported soon.

Inventory is increasing as it usually does this time of the year. Below is a summary of the number of properties for sale, compared to those under contract, and year-to-date sales this year and total sales in 2017 and 2016.

 

	Condos		Homes		Lots
Sanibel	#	Avg Price $	#	Avg Price $	#	Avt Price $
For sale	74	746,125	168	1,366,382	58	617,976
Sale pending	9	693,500	13	771,923	2	189,728
Sold & closed:
2018 thru 11/9	143	722,415	197	1,136,655	19	646,526
2017	140	728,793	186	1,004,237	32	327,229
2016	143	717,768	181	979,576	25	487,095

 

	Condos		Homes		Lots
Captiva	#	Avg Price $	#	Avg Price $	#	Avt Price $
For sale	33	1,387,997	36	3,442,556	3	4,264,667
Sale pending	1	1,160,000	3	1,847,667	0	N/A
Sold & closed:
2018 thru 11/9	26	783,591	22	2,237,446	0	N/A
2017	34	671,551	22	2,457,023	2	2,312,500
2016	22	873,636	271	3,195,000	2	3,150,000

 

37^th Annual Taste of The Islands

CROW’s annual benefit is this weekend on Sunday, Nov 11 at Sanibel Community Park (across the street from SanibelSusan Realty) from 12:30 to 5 p.m. You-know-who will be in the office with the door open, enjoying the music and hoping for some walk-ins. This year 13 eateries are participating including: Blue Giraffe, Doc Ford’s Rum Bar & Grille, Il Cielo, Matzaluna, Sanddollar Restaurant (new at Sanibel Island Beach Resort (formerly the Holiday Inn)), Sanibel Deli & Coffee Factory, Sanibel Fish House, Shima Japanese Steakhouse & Sushi Bar, Thistle Lodge, The Bubble Room, The Clam Shack, The Jac Sanibel Island Bar & Grille, & The Timbers Restaurant and Fish Market. www.crowclinic.org/articles/37th-taste-of-the-islands

Veterans Day Celebration & Sanibel Farmers Market

Sunday also is the annual Veterans Day Celebration at City Hall. With the public invited and hosted by the Lee Coast Chapter of the Military Officers Association of American and the City of Sanibel, it will take place around the flag pole at City Hall (from 10:30 a.m. until noon). The program will feature patriotic music (the BIG ARTS Concert Band), local boy scouts and cub scouts presenting the colors, and guest speakers and veterans sharing their history.

Because of this event, Sanibel Farmer Market also on the grounds of City Hall is delayed until Monday, rather than Sunday, (8 a.m. to 1 p.m.). That change is for this week only.

Island Neighbors Hold Annual Turkey Drop

This is the 3^rd year of the Sanibel East-End Turkey Drop & Roll, where donations are collected to benefit the Harry Chapin Food Bank of Southwest Florida. At the home of the Petersons at 444 Lagoon Drive on this coming Wed Nov 14 from 10 a.m. to 1 p.m. donations of frozen turkeys and non-perishable food items are collected. Last year, they brought more than 450 pounds of turkeys to the food bank plus other items that would complete a Thanksgiving dinner (cranberry sauce, gravy, instant mashed potatoes, stuffing mix, and canned vegetables. Call the Petersons with questions at 239-395-2476.

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 2 – 9, 2018

Sanibel

CONDOS

3 new listings: Pointe Santo #C4 1/1 $585K, Pointe Santo #A1 2/2 $950K, Tamarind #B202 2/2.5 $1.749M.

1 price change: Sundial #G206 1/1 now $469.9K.

No new sales.

3 closed sales: Cottage Colony West #132 1/1 $610K, Sundial #T402 2/2 $800K, Atrium #201 3/3 $1,209,711.

HOMES

7 new listings: 1442 Sandpiper Cir 2/2 half-duplex $415K, 573 Lake Murex Cir 3/2 695K, 1236 Par View Dr 3/2.5 $889K, 1127 Buttonwood Ln 3/2.5 $925K, 1278 Sand Castle Rd 4/3 $949K, 734 Pyrula Ave 3/2.5 $1.295M, 1283 Isabel Dr 3/2.5 $1.395M.

10 price changes: 1304 Sand Castle Rd 3/2 now $565K, 1973 Wild Lime Dr 4/3 now $729.9K, 434 Lake Murex Cir 4/3 now $899K, 1740 Middle Gulf Dr 3/3 now $920K, 938 Pecten Ct 3/2.5 now $1.049M, 641 Lake Murex Cir 4/3 now $1.09M, 824 Birdie View Pt 3/3 now $1.1M, 430 Glory Cir 4/4.5 now $1.395M, 1561 San Carlos Bay Dr 3/4 now $2.395M, 1133 Golden Olive Ct 3/3.5 now $2.436M.

3 new sales: 406 Lighthouse Way 3/3.5 listed at $649K, 617 Lake Murex Cir 3/2 listed at $797K, 1238 Isabel Dr 5/3.5.5 listed at $2.59M.

2 closed sales: 1717 Atlanta Plaza Dr 2/2 $395K, 1643 Sand Castle Rd 3/2.5 $490K.

LOTS

2 new listings: 2297 Wulfert Rd $229K, 2933 Wulfert Rd $379K.

1 price change: 2372 Wulfert Rd now $159.9K.

No new or closed sales.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2625 2/2 now $635K.

No new or closed sales.

HOMES

1 new listing: 31 Urchin Ct 3/3 $995K.

2 price changes: 11530 Laika Ln 4/4 now $2.18M, 15819 Captiva Dr 5/4 now $9.6M.

No new sales.

1 closed sale: 44 Oster Ct 2/2 $1.025M.

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 or participated in these transactions.

Until next Friday, Susan Andrews, aka SanibelSusan