It is another happy Friday at SanibelSusan Realty. Island weather remains “winter fantastic” with this week and the forecast for the next 10 days expected to be much the same – nighttime lows in the 60’s, days in the high 70’s/low 80’s with plenty of sunshine and blue skies.
The Island Real Estate World
The real estate market remains hot and we are down to just two listings – both getting action. That activity plus the postings since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follow a couple of news items below.
Though no Association of Realtors® Caravan Meeting this week, brisk sales continue. It certainly is unusual to report new sales of 15 condos, 14 homes, and five lots in just seven days.
Inventory is so low now that we are getting calls from colleagues asking about the likelihood of properties coming on the market, that are owned by clients who worked with us when they purchased. I wish we could say some of those were becoming available. It certainly is a great time to be a seller.
Here is the scoop with Sanibel inventory from the Sanibel & Captiva Islands Multiple Listing Service as of this afternoon (3:30 p.m. on Feb 26, 2021):
- Homes: 53 for sale, 74 under contract, 57 sold/closed year-to-date.
- Condos: 60 for sale, 63 under contract, 36 sold/closed year-to-date.
- Lots: 27 for sale, 27 under contract, 15 sold/closed year-to-date.
Captiva also is hot:
- Homes: 21 for sale, 15 under contract, 7 sold/closed year-to-date.
- Condos: 13 for sale, 12 under contract, 10 sold/closed year-to-date.
Sanibel – COVID-19
The City declared State of Emergency, issued in response to COVID-19, has been extended by Mayor Mick Denham until March 2, 2021, unless further extended. Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven (7) days and thus must be updated weekly so long as the emergency conditions are present.
Additionally, the City of Sanibel face covering mandate is reaffirmed to be consistent with the Governor’s Order 20-244 and shall remain in force and effect through the duration of the 7-day state of local emergency. Social distancing encouraged and group gatherings are to be avoided.
From Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 through February 24 is 228 cases. This is the number of cases for zip code residents. It does not include Captiva and the many workers and visitors that come and go. Though the number of island cases finally seems to be decreasing, PLEASE CONTINUE TO STAY VIGILANT.
Sanibel& Captiva Islands Multiple Listing Service Activity February 19-26, 2021
4 new listings: Sanibel Arms West #H4 2/2 $559K, Sand Pointe #216 2/2 $798,957, Pointe Santo #E3 2/2 $889K, Compass Point #151 3/3 $1.495M.
2 price changes: Sandalfoot #3B3 1/1 now $524K (our listing), Heron at The Sanctuary II #2A 3/2.5 now $849K.
13 new sales: Spanish Cay #F2 1/1 listed at $325K, Tennisplace #C26 2/1.5 listed at $355K, Sundial #H107 1/1 listed at $455K, Mariner Pointe #733 2/2 listed at $525K, Sandalfoot #3C1 2/2 listed at $639.9K, Loggerhead Cay #373 2/2 listed at $662.5K, Pointe Santo #B26 2/2 listed at $689K, Mariner Pointe #241 2/2.5 listed at $690K, Sunset South #10 2/2 listed at $710K, Pelicans Roost #106 2/2 listed at $929K, Pelicans Roost #102 2/2 listed at $930K, Beachcomber #D101 2/2 listed at $999.5K, Sandals #A 3/3.5 listed at $1.825M.
9 closed sales: Mariner Pointe #1019 2/2 $550K, Pointe Santo #B3 2/2 $650K, Loggerhead Cay #542 2/2 $675K, Sandpiper Beach #303 2/2 $800K, Cyprina Beach #7 2/2.5 $800K, Yacht Haven #4 3/2 $920K, Sundial #L205 3/2 $1.39M, Kings Crown #302 2/2 $1.4M, Sandpiper West #1 3/3 $2.05M.
8 new listings: 1695 Serenity Ln 3/2 $699K, 1667 Sabal Sands Rd 3/3 $749.9K, 1983 My Tern Ct 3/2.5 $1.178M, 249 Violet Dr 4/2 $1.2M, 486 Surf Sound Ct 3/3.5 $1.2M, 1355 Eagle Run Dr 4/4.5 $1.975M, 848 Birdie View Pt 4/3.5 $2.195M, 544 Lighthouse Way 4/5.5 $4.495M.
5 price changes: 2441 Shop Rd 4/3.5 now $949K, 2355 Wulfert Rd 3/3.5 now $1.649M, 1323 Seaspray Ln 4/4.5 now $1.75M, 6418 Pine Ave 3/3 now $1.789M, 1761 Venus Dr 4/3.5 now $1.995M.
12 new sales: 976 Greenwood Ct 3/2.5 half-duplex listed at $515K, 5303 Umbrella Pool Rd 3/2.5 listed at $689.9K, 4397 Gulf Pines Dr 3/3 listed at $725K, 458 Casa Ybel Rd 3/2.5 listed at $749K, 445 Lake Murex 3/2 listed at $839K, 1045 Blue Heron Dr 2/2.5 listed at $889K, 1421 Sand Castle Rd 3/2 listed at $949K, 3960 W Gulf Dr 3/5 listed at $1.079M, 542 N. Yachtsman Dr 3/2 listed at $1.229M, 490 Sawgrass Pl 3/2.5 listed at $1.435M, 1480 Middle Gulf Dr 4/4/2 listed at $1.65M, 4664 Rue Belle Mer 5/5 listed at $1.896M.
12 closed sales: 315 E Gulf Dr 3/2 half-duplex $549K, 1653 Bunting Ln 3/2.5 $645K, 1012/1014 East Gulf Dr 4/2 duplex $699K, 9421 Moonlight Dr 3/2 $755K, 3751 Coquina Dr 3/2 $795K, 1752 Jewel Box 2/2 $815K, 2001/2003 Mitzi Ln 6/6 duplex $820K, 705 Oliva St 3/2 $875K, 1671 Hibiscus Dr 3/2 $889K, 9426 Sage Ct 3/3 $945K, 709 Pyrula Ave 3/3 $1.125M, 1238 Isabel Dr 4/4.5 $3.325M (our listing).
No new listings.
2 price changes: 3013 Poinciana Cir now $259.9K, 2438 Wulfert Rd now $339K.
5 new sales: 1303 Par View Dr listed at $310K, 575 Sea Oats Dr listed at $385K, 717 Birdie View Pt listed at $399K, 539 Sea Oats Dr listed at $420K, 3324 Saint Kilda Rd listed at $449K.
7 closed sales: 2515 Wulfert Rd $220K, 6095 Dinkins Lake Rd $255.5K, 1340 Eagle Run Dr $295K, 602 Boulder Dr $405K, 217 Violet Dr $545K, 1159 Golden Olive Ct $1.5M, 1246 Seagrape Ln $2.575M.
No new listings.
1 price change: Seabreeze #1251 3/3 now $2.15M.
2 new sales: Bayside Villas #4118 1/2 listed at $425K, Captiva Shores #7B 3/2.5 listed at $1.399M.
5 closed sales: Tennis Villas #3114 1/1 $325K, Bayside Villas #5244 1/2 $399K, Beach Villas #2112 1/1 $485K, Beach Villas #2314 2/2 $750K, Lands End Village #1615 2/2 $1.425M.
No new listings.
1 price change: 15261 Captiva Dr 4/4.5 now $11.995M.
1 new sale: 11544 Wightman Ln 4/4.5 listed at $2.25M.
No closed sales.
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.
Below is our ad from today’s “Island Sun”. Enjoy your weekend, Susan Andrews, aka SanibelSusan