Let’s Continue to Celebrate the U.S.A.


It was another wonderful July 4th on sunny Sanibel. Or at least sunny most of the day. We had a big turnout at the office at 9 a.m., ready for parade viewing.

Then 12 hours later, right at 9 p.m., as scheduled, the City fireworks show over San Carlos Bay was spectacular. How they coordinated it between downpours was amazing. Thanks to all who made it such a special island holiday!

Here’s hoping yours also was a fun festive one.

Sanibel Susan Realty Associates

A holiday week sometimes means it’s a slow one for island real estate and this was no exception. Beyond the holiday festivities, there is not much local news to report, but since it is beyond the ½-year mark, it is a good time to revisit the Sanibel and Captiva real estate market. Off-island, the local news stations and papers have been reporting what the county Tax Assessor expects for annual appreciation in each city. I shake my head every July when this occurs, because what happens in the first half of the year doesn’t always reflect what will happen in the 2nd. Last year was a good example of that.

Another twist with island sales, is that more high-end closings usually occur early in the year, just a factor in their usually being two to three times more qualified buyers here all winter than during the summer.

This year sales lagged a little in getting started, but with gulf and bay waters still glistening and many clean water initiatives underway, my crystal ball says 2019 will turn out better than 2018. With the economy strong and plenty of nice inventory available, I predict good sales all summer. At SanibelSusan Realty, our June and July closings already far exceed the first five months of the year.

Below is a snapshot of the today’s Sanibel and Captiva inventory, compared to sales during the same period last year. The statistics also are shown comparing sales year-over-year. (Info from Sanibel/Captiva MLS, disclosure below applies.)

Average Sanibel sale prices lag 2018 for condos, homes, and lots. The number of Sanibel condo and home sales also are less than last year.

On Captiva, average condo and home prices are up, but the samplings are small, with fewer Captiva condos and homes sold than during the same time last year.

 

Property Type

Sanibel Captiva
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 107 815,088 168 1,351,489 68 647,077 44 1,026,318 37 2,890,240 3 1,929,667
Under contract 15 654,837 28 870,916 1 149,000 1 469,000 6 3,360,832 0 N/A
Sold 1/1-7/5/2019 78 683,609 125 983,314 9 451,222 14 1,201,557 8 3,002,188 0 N/A
Sold 1/1-7/5/2018 96 743,571 158 1,214,614 9 478,556 17 912,933 12 2,163,442 0 N/A
Sold 2018 155 720,617 218 1,112,748 21 602,095 27 797,532 25 2,127,352 0 N/A
Sold 2017 140 728,793 186 1,004,237 32 327,229 34 671,551 22 2,457,023 2 2,312,500
Sold 2016 143 717,768 181 979,576 25 487,095 22 873,636 27 3,195,000 2 3,150,000

50th Anniversary of RPAC

As the National Association of Realtors® (NAR) celebrates the 50th anniversary of the REALTORS® Political Action Committee (RPAC), their biggest supporters were recognized with a surprise to represent their commitment to promoting and protecting real estate ownership and this milestone in NAR’s history.

In Washington, DC, in May for the REALTORS® Legislative Meetings & Trade Expo, their special guest speaker Phil Hansen unveiled an incredible piece of artwork that showcases all of the nation’s 2018 RPAC Major Investors – within the iconic image of the NAR building in DC overlooking the U.S. Capitol.

You too can see the image at https://realtorparty.realtor/rpac50#art. It was an honor in 2017 to be the first island Realtor® inducted to NAR’s Hall of Fame (those plagues are atop the same NAR building in DC). To then find my name on this amazing piece of art is exciting too. Either search for my name or zoom into frame “H3” and you will find it.

Commitment to RPAC equates to caring about real estate, personal property rights, and home ownership. Congratulations RPAC on your 50th anniversary.

Sanibel Bunnies

The July/August 2019 issue of the Sanibel-Captiva Conservation Foundation (SCCF) member update includes info about island rabbits. Since last summer, their population here has increased dramatically. At Sanibel Square, I see at least two each evening when I close up and often make a game of counting how many I see driving home at night. My record count for that short drive (less than 3 miles) is 54 bunnies. At home in the evening just before sunset, at least one is munching my grass. They sure are cute! Below are some excerpts from SCCF’s article:

“The marsh rabbit (Sylvilagus palustris) is a native species in Florida and can be found throughout the state. Throughout most of their range they are considered a species of least concern for conservation purposes, but the Florida Keys subspecies, the Lower Keys rabbit (Sylvilagus palustris hefneri) is both state and federally endangered. Though they are from the same family as cottontails, marsh rabbits lack the signature white fluffy tail of their relatives.

“Marsh rabbits are strong swimmers and tend to walk using all four legs rather than hop like most rabbits. Their predators include alligators, owls, hawks, bobcats, and coyotes. In addition to threats from predators, flooding and hurricanes can take a toll on rabbit populations by flooding out their nesting habitat.

“Rabbits breed year-‘round in south Florida, but the peak of breeding takes place between December and June. The marsh rabbit’s preferred home is in wetland habitat, especially freshwater marshes. Over time, the landscape of Sanibel has changed significantly, leaving much less acreage of freshwater marshes and cordgrass swales. In the absence of natural fire regimes, many of these marshes have begun to fill in with hardwoods like buttonwood. Our freshwater marshes are not only important for our rabbits, but also for our only endemic animal species: the Sanibel Island rice rat (Oryzomys palustris sanibeli). Both of these small mammals are also important prey species for our native hawks and owls, who also suffer the loss of this important habitat type.

“SCCF and other agencies on the island conduct occasional prescribed burns to maintain healthy marshes and swales for the benefit of all our native wildlife. In addition to prescribed burns, SCCF mows some of these areas during the dry season and engages in mechanical removal of buttonwood.

“As our city’s vision statement says: “Sanibel is and shall remain a barrier island sanctuary, one in which a diverse population lives in harmony with the island’s wildlife and natural habitats.” Our native rabbit population is currently experiencing a natural boom, which will eventually subside. Below is a list of plants for your landscaping consideration. If you have questions about landscaping to attract or to naturally deter rabbits, please stop by our Native Landscapes and Garden Center at the Bailey Homestead Preserve….”

Plants that rabbits like to eat:

  • Firebush (Hamelia patens)
  • Gaillardia/Blanket Flower (Gaillardia pulchella)
  • Dune Sunflowers (Helianthus debilis)
  • Black-eyed Susan (Rudbeckia hirta)
  • Grasses-Muhley Grass (Muhlenbergia capillaris), Fakahatchee Grass (Tripsacum dactyloides), Sea Oats (Uniola paniculata), Dwarf Fakahatchee (Tripsacum floridanum)
  • Blue Porterweed (Stachytarpheta jamaicensis) • Tickseed (Coreopsis leavenworthii)

“Plants that rabbits don’t like to eat:

  • Red Salvia (Salvia coccinea)
  • Southern River Sage (Salvia misella)
  • Bahama Cassia (Senna mexicana var. chapmanii)
  • Cocoplum (Chrysobalanus icaco)
  • Coontie (Zamia pumila)
  • Quailberry (Crossopetalum ilicifolium)
  • Walter’s Viburnum (Viburnum obovatum)
  • Several aqautics: Blue Flag Iris (Iris virginica), Canna Lily (Canna flaccida), Lizard’s Tail (Saururus cernuus)
  • Wild Coffee (Psychotria nervosa)
  • Gopher Apple (Licania michauxii)”

Sanibel & Captiva Islands Multiple Listing Service Activity June 28-July 5, 2019

Sanibel

CONDOS

3 new listings: Seashells #12 2/2 $395K, Sundial West #I405 1/1 $435K, Sundial West #J201 1/1 $550K.

2 price changes: Sanibel Arms West #M1 2/2 now $511K, Pine Cove #202 3/2 now $1.4M.

1 new sale: White Caps #5 1/1 listed at $499.9K.

1 closed sale: Captains Walk #F4 1/1 $315K (our listing).

HOMES

2 new listings: 1390 Middle Gulf Dr 3/3 $499K, 1119 Seagrape Ln 2/1 $800K.

3 price changes: 632 Lake Murex Cir 3/2 now $725K, 4339 Gulf Pines Dr 3/2 now $750K, 1520 Angel Dr 5/5.5 now $1.595M.

3 new sales: 1175 Sand Castle Rd 3/3 listed at $738K, 6406 San-Cap Rd 3/3.5 listed at $899K, 5313 Punta Caloosa 4/3 listed at $899K.

2 closed sales: 1311 Sand Castle Rd 3/2 $875K, 2303 Troon Ct 3/3.5 $1.085M.

LOTS

2 new listings: 2486 Wulfert Rd $139K, 933 Strangler Fig Ln $495K.

2 price changes: 0 Island Inn Rd now $750K, 1800 Woodring Rd now $2.695M.

No new sales.

1 closed sale: 5618 Baltusrol Ct $305K.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2417 1/1 now $510K.

No new or closed sales.

HOMES

No new listings.

1 price change: 16813 Captiva Dr 3/3 now $2.25M.

No new or closed sales.

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.

May your holiday fun continue right through the weekend,

Susan Andrews, aka SanibelSusan

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