
Photo in front of Sanibel Arms West by Jim Anderson, JMA Photography
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.
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
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®
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 |
37th Annual Taste of The Islands
Veterans Day Celebration & Sanibel Farmers Market
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
Sanibel & Captiva Islands Multiple Listing Service Activity Nov 2 – 9, 2018
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
