It’s another sunny Friday on Sanibel with temperatures not quite into the 80’s. A Happy Saint Patrick’s Day to all.
Really a delightful day to be on the island with the sunroof open and the gulf breezes blowing.
While there today to pick up mail, I did another drive-around to see any progress this week. Removal of downed vegetation continues while on Periwinkle, it was sad to see the demolition/removal of the buildings formerly housing Island Cow and Realty Title. It is progress none-the-less.
Traffic continues to be light, except as contractors are coming early mornings and leaving late afternoons. Driving the Gulf Drives, one sees workers, particularly roofers at many homes. There still isn’t a lot of visual activity at most condo complexes. Many have been fenced for weeks.
At SanibelSusan Realty, we had another nice closing Monday as Dave and I continue to view other properties for owners thinking of selling and buyers contemplating a purchase.
The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service is after the inventory summary below. There was more activity with homes, not so much with condos. A total of just seven new sales on Sanibel this week, compared to 23 new listings – certainly not the usual for March, but a good time for those that were waiting on the sidelines when inventory was low just a few months ago.
Another Sanibel commercial property also came on the market this week – site of Islander Trading Post which includes the building that was the store, plus a home and barn behind (1444 & 1446 Periwinkle Way), asking $5.955M.
Sanibel Update
There is another City Council meeting this coming Tuesday March 21 at 9 a.m. Fifth agenda item is a post-Ian update which I will follow and report on next week.
Below is the beginning of a post that the City issued yesterday. Go to www.MySanibel.com to read the full version. Lots of good info there on rebuilding/restoration.
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Events & Re-Openings
BIG ARTS Open House – Wednesday was a huge success and much fun. I saw many clients/customers at the BIG ARTS Open House, enjoying the film about the lighthouse, art exhibits, food/drink, and performances by the Community Band and Chorus. Here is the link that photographer Jim Anderson prepared that was played on the screen behind us when we sang the Crosby, Stills, Nash, & Young song “Sanibel”. Even the Mayor said she cried during that one! https://vimeo.com/user25047255/review/800301411/7f227afe23

BIG ARTS Community Chorus singing “Sanibel” 03-15-2023, photo by Robin Roberts.
If you’d like to hear the entire Chorus set, here is the YouTube link: https://www.youtube.com/playlist?list=PLYHKC0_1dYWS8rYM6rxbq_XJ_An9lf7Ow.
April 4 Concert With Sanibel School Choruses – Sanibel Community Chorus is performing jointly with the two Sanibel School choruses during their fundraiser April 4 at 6:30 p.m. at BIG ARTS. I sure hope we can keep up with them. Our singers ages go up to 94.
April 4 Wildlife Driving Opening – April 4, the J.N. Ding Darling Wildlife Refuge will open the gate to Wildlife Drive for the first time since the storm. The “Ding” Darling Visitor & Education Center will also reopen that day.
Sanibel & Captiva Islands Assoc of Realtors
Tuesday, I attended an Association Professional Development Committee meeting. Those continue to be via Zoom since our headquarters building at 2353 Periwinkle Way received structural damage during the hurricane. It may be another three to six months before we are back meeting there, but committee work continues with more classes scheduled for our members and speakers arranged for our monthly breakfast membership meetings. Next one of those is March 23, again at the Midland Trust building in Fort Myers.
SANIBEL | CONDOS | HOMES | LOTS | ||||||
# | Avg Price | DOM | # | Avg Price | DOM | # | Avg Price | DOM | |
For sale | 68 | 1,170,793 | 59 | 130 | 1,621,879 | 52 | 21 | 1,353,571 | 67 |
Under contract | 15 | 773,793 | 28 | 37 | 1,240,717 | 42 | 4 | 565,000 | 40 |
Sold 2023 to 3/17 | 28 | 1,059,303 | 37 | 80 | 1,105,203 | 42 | 6 | 1,132,333 | 111 |
Sold 2022 | 123 | 1,136,199 | 44 | 184 | 1,597,868 | 52 | 26 | 779,528 | 223 |
Sold 2021 | 287 | 875,127 | 113 | 355 | 1,341,881 | 89 | 69 | 698,862 | 442 |
CAPTIVA | CONDOS | HOMES | LOTS | ||||||
# | Avg Price | DOM | # | Avg Price | DOM | # | Avg Price | DOM | |
For sale | 6 | 1,504,666 | 165 | 7 | 6,471,150 | 203 | 1 | 15,500,000 | 356 |
Under contract | 2 | 1,207,000 | 147 | 2 | 3,197,000 | 39 | 0 | N/A | N/A |
Sold 2023 to 3/17 | 1 | 675,000 | 66 | 5 | 3,130,000 | 55 | 0 | N/A | N/A |
Sold 2022 | 28 | 1,458,983 | 52 | 22 | 5,636,386 | 133 | 0 | N/A | N/A |
Sold 2021 | 64 | 1,150,373 | 145 | 44 | 2,988,520 | 261 | 2 | 2,950,000 | 731 |
Sanibel & Captiva Islands Multiple Listing Service Activity March 10‑17
Sanibel
CONDOS
4 new listings: Oceans Reach #4B4 1/1 $749K, Seascape #302 3/3.5 $1.795M, Gulfside Place #208 2/2 $1.487,555; Seascape #305 3/3 $2.195M.
2 price changes: Sundial #C206 1/1 now $549K, Kings Crown #208 2/2 now $870K.
No new sales.
3 closed sales: Sealoft Village #107 2/2 $868K (SanibelSusan listing), Snug Harbor #221 2/2 $1.130M, Heron at The Sanctuary III #2A 3/3.5 $1.148M.
HOMES
15 new listings: 1937 Roseate Ln 2/2 $399,555; 465 Lake Murex Cir 2/2.5 $725K, 411 Lake Murex Blvd 3/2 $789K, 1105 Skiff Pl 3/2 $895K, 719 Nerita St 3/3 $899K,1270 Par View Dr 3/2 $949K, 1448 Albatross Rd 3/2 $959K, 4372 Gulf Pines Dr 2/2 $998K, 4797 Rue Helene 3/2 $1.55M, 3959 West Gulf Dr 3/2.5 $1.599M, 425 Lake Murex Cir 3/2 $1.6M, 657 Birdie View Pt 3/3 $1.639M, 985 Oyster Ct 4/4 $1.695M, 505 Lighthouse Way 4/3.5 $2.475M, 4449 Waters Edge Ln 3/3 $3.499M,
16 price changes: 1835 Ardsley Way 2/2 now $524K, 9225 Belding Dr 3/2 now $595K, 1399 Albatross Rd 3/2 now $734K, 1679 Serenity Ln 3/2 now $749K, 1145 Sabal St 5/4 now $790K, 1284 Par View Dr 2/2 now $799K, 969 Fish Crow Rd 3/2 now $845K, 3025 Poinciana Cir 3/2 now $849K, 9248 Kincaid Ct 3/2 now $899K, 1720 Middle Gulf Dr 3/2 now $950K, 4565 Bowen Bayou Rd 3/2 now $1.174M, 1036 Whisperwood Way 3/3 now $1.299M, 9048 Mockingbird Dr 3/3 now $1.299M, 9484 Peaceful Dr 3/3 now $1.337M, 2294 Wulfert Rd 4/4 now $1.85M, 5271 Indian Ct 4/4 now $2.549M.
3 back on market: 6141 Henderson Rd 4/3 $858K, 1304 Par View Dr 3/3 $900k, 2502 Wulfert Rd 4/4.5 $2.795M.
5 new sales: 1314 Tahiti Dr 3/2 listed at $699K, 1507 Angel Dr 3/2 listed at $1.222M, 9027 Mockingbird Dr 4/3 listed at $1.395M, 864 Limpet Dr 3/2 listed at $1.75M, 5721 San-Cap Rd 3/3.5.5 listed at $1.795M.
14 closed sales: 2623 Tamarind Rd 2/2 $365K, 1475 Sand Castle Rd 3/2 $697K, 1002 Kings Crown Dr 3/2 $775K, 9126 Mockingbird Dr 3/2 $800K, 3941 Coquina Dr 3/2 $850K, 428 Lighthouse Way 3/2.5 $899K, 1206 Par View Dr 3/2 $930K, 4775 Rue Helene 4/3 $962,555; 1442 Sand Castle Rd 3/2 $1.23M, 1034 Fish Crow Rd 3/2 $1.317M, 1208 Bay Dr 3/2 $1.5M, 3191 Twin Lakes Ln 4/2.5 $1.639M, 5395 Shearwater Dr 3/2.5 $2.4M, 3699 West Gulf Dr 6/4.5.5 $4.25M.
LOTS
4 new listings: 9268 Belding Dr $435K, 3730 Coquina Dr $639K, 395 Bella Vista Way E $1.875M, 4657 Rue Belle Mer $4.5M.
No price changes.
2 new sales: 1746 Windward Way listed at $495K, 460 Sawgrass Pl listed at $925K.
No closed sales.
Captiva
CONDOS
Nothing to report.
HOMES
No new listings, price changes or new sales.
1 closed sale: 11510 Chapin Ln 2/2 $1.2M.
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
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