
As the joke goes, Florida at this time of the year has Winter in the morning (6 a.m.), Spring starts at 10 a.m. Summer is at 2 p.m., followed by Fall at around 4:30 p.m. Dress accordingly!
Sanibel & Captiva Real Estate Scoop
Real estate here continues to move more quickly than years past. There seem to be plenty of buyers, though many are shocked at what has recently happened to prices. Those planning to spend up to $800K are really discouraged. “When will it end?”, they want to know. Our crystal ball is not responding.
For your info, below is a summary inventory update based on the island MLS as of today (Nov 12):
|
Status |
SANIBEL | CAPTIVA | ||||||||||
| Condos | Homes | Lots | Condos | Homes | Lots | |||||||
| # | Avg $ | # | Avg $ | # | Avg $ | # | Avg $ | # | Avg $ | # | Avg $ | |
| For sale | 20 | 963,350 | 24 | 2,569,541 | 20 | 705,450 | 6 | 2,123,166 | 7 | 5,718,571 | 0 | N/A |
| Under contract | 26 | 825,336 | 35 | 1,739,142 | 7 | 455,125 | 6 | 914,666 | 7 | 4,062,571 | 0 | N/A |
| Sold 2021 to 11/12 | 254 | 858,748 | 320 | 1,323,294 | 64 | 725,835 | 55 | 1,205,380 | 38 | 2,874,865 | 2 | 2,950,000 |
| Sold 2020 | 192 | 733,876 | 290 | 954,718 | 23 | 606,233 | 47 | 821,713 | 27 | 2,923,148 | 4 | 2,537,500 |
| Yr Most Sold 2005 | 232 | 758,507 | 260 | 1,028,584 | 68 | 496,726 | 45 | 863,642 | 31 | 2,309,758 | 0 | N/A |
There was no Realtor® Caravan Meeting yesterday because of the holiday, but next week Thursday Caravan follows our November Membership Meeting where Florida Realtors® Chief Economist, Dr. Brad O’Connor will give a market update.
Upcoming Events
End of Hurricane Season
Fall into F.I.S.H.mas
This year, the local Association of Realtors® is collecting items for F.I.S.H. holiday gifts which will go to needy seniors, teens, and children. The event wraps up on Dec 1. In the meantime, the SanibelSusan Team is shopping. .
Sanibel & Captiva Islands Multiple Listing Service Activity November 5-12, 2021
CONDOS
7 new listings: Blind Pass #A202 2/2 $629K, Mariner Pointe #421 2/2.5 $769.9K, Blind Pass #E103 3/3 $775K, Sanibel Inn #3421 2/2 $899K, Sand Pointe #228 2/2 $1.095M, Sundial #L402 3/2 $1.379M, Gulfside Place #124 2/2 $1.4959M.
No price changes.
2 new sales: Sundial #C305 1/1listed at $549,945; Sanibel Arms West #J1 2/2 listed at $679K.
4 closed sales: Lighthouse Point #120 3/2 $600K, Sandalfoot #2D3 2/2 $793.5K, Heron at The Sanctuary III #2B 3/2.5 $849K, Lighthouse Point #325 2/2 $1.096M.
HOMES
4 new listings: 1667 Atlanta Plaza Dr 2/1.5 $650K, 543 Boulder Dr 3/2 $1.265M, 4077 Coquina Dr 3/2 $1.299M, 719 Periwinkle Way 4/3 $1.895M.
1 price change: 2138 Egret Cir 3/2 half-duplex now $729K.
5 new sales: 719 Durion Ct 3/2 listed at $995K, 1245 Par View Dr 3/2.5 listed at $1.575M, 1220 Morningside Pl 6/4 listed at $2M, 856 Limpet Dr 4/2.5 listed at $2.358M, 699 Anchor Dr 4/4 listed at $2.395M.
2 closed sales: 837 Casa Ybel Rd 2/2 duplex $580K, 547 N. Yachtsman Dr 4/3 $1,419,999.
LOTS
1 new listing: 1332 Eagle Run Dr $499K.
2 price changes: 845 Pyrula Ave now $515K, 3308 Saint Kilda Rd now $649K.
No new or closed sales.
Captiva
CONDOS
3 new listings: Bayside Villas #5320 3/3 $950K, Marina Villas #706 2/2 $950K, Beach Homes #20 3/3 $4.349M.
No price changes or new sales.
3 closed sales: Bayside Villas #5204 1 /2 $440K, Tennis Villas #3210 1/1 $491K, Lands End Village #1649 2/2 $1.325M.
HOMES
2 new listings: 30 Urchin Ct 3/2 $1.495M, 17201 Captiva Dr 5/4.5 $5.65M.
No price changes.
2 new sales: 11529 Andy Rosse Ln 4/4 listed at $2.55M, 14991 Binder Dr 4/4 listed at $5.795M.
No 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.
Enjoy your weekend & don’t forget to get your bird early.
Susan Andrews, aka SanibelSusan

