Working Together Islanders Get Thru Anything

It has been a week of anxious anticipation, followed by relief, as Hurricane Helene finally passed 160 miles offshore mid-afternoon yesterday. The photo below was taken at the marina Tuesday evening when I was out picking up real estate signs.

At my home in Sanibel Estates where a few weeks ago there was huge flooding when Tropical Storm Debbie was further out in the gulf, this time there was more water from Helene.

With sunshine peeking in and out often during the day yesterday, Helene brought very little rain, but plenty of high winds. My dock was covered with water during the morning high tide, but there was no yard or street accumulation until about 5 p.m. That is when heavy rain began, wind picked up, and my power went out.

Between then and about 6:15 p.m. water filled Anchor Dr, surrounded my home, eventually rushing into the garage and under the sliders. Before long, I had 4” of dirty water inside. It seemingly happened in minutes. By dark, the water began to subside and by this morning, my floors were just wet with sludge.

Thankfully this afternoon when the entry to the island was reopened, son Dave came to my rescue. Power was finally restored with his help, and my floors are now drier and significantly cleaner.

He took a break long enough to try to access our listings, but as described below some roads remain impassable. He also ran into some of Sanibel’s finest at the end of my street, trying to identify some loose boats stuck under the Periwinkle bridge.

 The good news is that islanders rally when disaster strikes. A nice update was provided below by our friends at “Ding”.

 The island grape vine also says that beginning tonight standing water should start going down. We hope they are right!

“Ding on the Wing” Reports on Post Hurricane Helene Update

Posted this afternoon from Ding Darling Wildlife Society newsletter: “Early reports from the city of Sanibel and individuals remaining on the island during the storm, are about flooding in areas of the islands. The Sanibel Causeway was closed while work was done to remove debris from the roads. The City has announced that the Causeway is now open to those who need to access the island. While hurricane reentry passes are not required, people are asked not to come unless absolutely necessary. All beach parks are closed.

“The J. N. “Ding” Darling National Wildlife Refuge, the “Ding” Darling Wildlife Society, and Tarpon Bay Explorers will begin the assessment of any damage to the Refuge caused by surge and wind from Hurricane Helene.  All staff and interns are safe and accounted for. Similar to past storms, they are also working with their island partners when needed, including SCCF, the San-Cap Chamber, CROW, FISH, CHR, and others.

“The team with the City of Sanibel is working hard at ensuring the safety for people to access and drive on the island. They ask people to please stay off the roads as much as possible, as there has been flooding on Periwinkle Way from the Roadside Park to the Sanibel Community Church, as well as a number of island roads in all areas of the island….”

Sanibel & Captiva Islands Real Estate News

As one might expect during a week full of storm distractions, there was little real estate action.

Also due to the forecast, the local Association of Realtors® postponed their Realtor.com class on Wednesday, Thursday Membership Meeting and Caravan, and Lunch and Learn scheduled today.

The extra time gave me an opportunity to break down the 2024 island sales by geographic area. With so few island sales, average prices can be deceiving, so below is a breakdown by location. Those areas on Sanibel are gulf, bay, canal, bayou, near beach, golf course, lake, and inland. On Captiva, they are gulf, bay, Roosevelt Channel, and near beach.

SANIBEL

CLOSED SALES

1/1-9/27/2024

CONDOS

HOMES

LOTS

#

Avg

Price

DOM

#

Avg

Price

DOM

#

Avg

Price

DOM

Gulf

46

889,206

138

7

4,800,000

131

4

2,871,250

147

Bay

1

650,000

41

2

3,600,000

116

0

N/A

N/A

Canal

4

396,750

60

31

1,577,177

130

1

1,500,000

218

Bayou

0

N/A

N/A

3

1,425,000

94

1

1,200,000

2

Near Beach

6

564,483

101

64

1,163,351

105

4

480,000

140

Golf Course

2

975,000

62

16

1,131,906

109

1

440,000

101

Lake

0

N/A

N/A

6

967,166

89

0

N/A

N/A

Inland

1

549,000

13

15

898,366

85

1

281,000

301

Total

60

816,508

121

144

1,429,243

109

12

1,402,166

147

CAPTIVA

CLOSED SALES

1/1-9/27/2024

CONDOS

HOMES

LOTS

#

Avg

Price

DOM

#

Avg

Price

DOM

#

Avg

Price

DOM

Gulf

8

2,172,500

218

2

6,637,500

103

0

N/A

N/A

Bay

4

961,250

129

1

4,850,000

18

0

N/A

N/A

Roosevelt Channel

0

N/A

N/A

1

3,347,500

304

0

N/A

N/A

Near Beach

1

1,250,000

143

2

2,625,000

186

0

N/A

N/A

Sold 2024 to 9/26

13

1,728,846

185

6

4,453,750

150

0

N/A

N/A

 Below with data from the islands MLS are summary tables of the residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

65

1,097,736

156

79

2,403,444

146

28

1,094.889

251

Under contract

10

930,100

149

12

1,808,000

178

2

1,872,500

486

Sold 2024 to 9/27

60

816,508

121

144

1,429,243

109

12

1,402,166

147

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

29

1,394,362

152

18

6,920,722

278

1

12,000,000

393

Under contract

0

N/A

N/A

1

10,000,000

47

0

N/A

N/A

Sold 2024 to 9/27

13

1,728,846

185

6

4,453,750

150

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

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 Sep 20-27:

Sanibel

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Sundial #C310 1/1 $560K.

HOMES

3 new listings: 1610 Sabal Sands Rd 3/2 $1.068M, 1563 Sand Castle Rd 4/4.5 $1.59M, 5071 Joewood Dr 4/5.5.5 $5.95M.

No price changes.

2 new sales: 1251 Par View Dr 3/2.5 listed at $790K, 2474 Wulfert Rd 4/4.5 listed at $2.298M.

4 closed sales: 490 & 460 Old Tr 3/2.5 $585K, 9126 Mockingbird Dr 3/2 $775K, 9114 Mockingbird Dr 3/2 $830K, 547 Chert Ct 3/2.5 $889K.

LOTS

Nothing to report.

Captiva

CONDOS

1 new listing: Tennis Villas #3124 1/1 $450K.

1 price change: Tennis Villas #3120 1/1 now $450K.

No new or closed sales.

HOMES & 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, Susan Andrews, aka SanibelSusan

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