The good news this week is that the islands are bouncing back with more re-openings and events scheduled. Dare I say, things are getting back to normal? Slowly, but surely, they really are. Plus, the weather has been fabulous with blue skies and sunshine nearly every day with a couple of quick showers Wednesday night that washed away more storm salt remnants. Also, today during my travels, I noticed more new community signs popping up. All good indicators of recovery!
Sanibel Happenings & A Captiva Re-Opening
Boops By The Bubble Room on Captiva re-opens tomorrow, Saturday Nov 2, Hours are from 8 a.m. to 8 p.m. Stop in for breakfast sandwiches and treats!
Love Sanibel Community Gathering is a celebration at The Community House on Sunday, Nov 3 from noon to 3 p.m. Program begins at 1 p.m. with live music from The Sanibel School and remarks by City leaders. Enjoy food, ice cream, crafts for adults & children, photo booth, door prizes, community info, and gifts kiddos.
Pine Island Sounds 2024-2025 Concert Series which benefits SCCF, kicks off Sunday, Nov 17 with live monthly sunset music events aboard the Lady Chadwick. SCCF launched Pine Island Sounds in 2019 to support critical research and programs to protect water quality. Cruises set sail from McCarthy’s Marina on Captiva. More details at www.SCCF.org with tickets through www.Events.Humanitix.com.
SanCap Motor Club is revving up to welcome everyone back to Periwinkle Place Shopping Center from 9 to 11 a.m. tomorrow, Saturday, Nov 2. They will be serving coffee and donuts and be there for the first Saturday of every month through season.
Sanibel’s 50th Anniversary is next week, on Nov 5, which is the 50th anniversary of the incorporation of the City of Sanibel. Beginning then and continuing through Luminary Stroll in Dec 2025, a 13-month celebration is planned. See https://sanibel-captiva.org/50th-anniversary/ for a calendar of events beginning with the City of Sanibel Time Capsule reveal on Tuesday Nov 5 at 4 p.m. at City Hall.
The Sanibel Historical Museum & Village reopened this week following their annual late summer closure. It now is open Tuesdays through Saturdays from 10 a.m. to 2 p.m. with admission sold until 1 p.m. From Oct 29 to Jan 4, a special admission is offered at $10 for adults. Annual memberships begin at $40 and include free admittance. The Village Gift Shop in Shore Haven also is open. Founded in 1984, the Village tour experience includes an orientation video and historic buildings displaying artifacts while telling engaging stories. All buildings are handicap accessible. More info at www.SanibelMuseum.org.
Taste of the Islands CROW’s long-standing annual fundraiser has been postponed to Saturday Mar 1, from 11 a.m. to 4 p.m. on the grounds of Sanibel City Hall. The week leading up to the event, participating island restaurants also will be featuring special items at their restaurants. More info at www.TasteoftheIslands.org.
Wines in The Wild SCCF’s annual event will be on the ground of the Bailey Homestead Preserve on Friday, Jan 10 from 6:30 to 9 p.m. Tickets go on sale Nov 12. More info at www.SCCF.org.
Island Real Estate Scoop
Yesterday was a Halloween Costume Caravan Meeting at the Sanibel& Captiva Islands Association of Realtors. Black-Eyed Susan garnered 2nd place, winning a holiday gift basket donated by Superior Title of Sanibel. it was fun and a nice diversion with some creative costumes.
Like last week, most of the real estate announcements were new listings and price reduction. There were no new sales announced, and the only property scheduled for the Caravan that was to follow was cancelled. I was happy, however, to promote two more “coming soon” listings which will be posted next week once JMA Photography does his magic. Our earlier “coming soon” listing hit the “active” market today.
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.
2024 is proving to be the least productive year for sales since I have been here (32 years), but once the election is in the rear-view mirror and more accommodations are ready for visitors, it should be a better winter “season”. There certainly are more choices for those buyers waiting in the wings.
| SANIBEL
RESIDENTIAL |
CONDOS | HOMES | LOTS | ||||||
| # | Avg Price | DOM | # | Avg Price | DOM | # | Avg Price | DOM | |
| For sale: | 72 | 1,019,554 | 159 | 96 | 2,172,361 | 120 | 27 | 1,096,362 | 263 |
| Under contract | 10 | 994,600 | 123 | 9 | 1,153,655 | 114 | 1 | 3,300,000 | 499 |
| Sold to 11/1/24 | 64 | 816,961 | 125 | 150 | 1,454,906 | 115 | 13 | 1,319,461 | 175 |
| 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: | 30 | 1,330,366 | 168 | 15 | 6,890,466 | 284 | 1 | 12M | 428 |
| Under contract | 0 | N/A | N/A | 1 | 10M | 47 | 0 | N/A | N/A |
| Sold to 11/1/24 | 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 Oct 25-Nov 1:
Sanibel
CONDOS
3 new listings: Sundial #D206 1/1 $549K, Mariner Pointe #1083 2/2 $599K, Blind Pass #F111 2/2 $679K.
2 price changes: Captains Walk #F2 2/1.5 now $315K, Seascape #302 3/3.5 now $1.499M.
1 back-on-market: Lighthouse Point #232 3/2 $869K.
4 new sales: Captains Walk #B5 2/1 listed at $369K, Sandalfoot #1C2 2/2 listed at $795K, Loggerhead Cay #472 2/2 listed at $875K, Heron at The Sanctuary #1-1B 3/3.5 listed at $999K.
No closed sales.
HOMES
11 new listings: 231 Palm Lake Dr 3/2 $680K, 970 Greenwood Ct S (1/2 duplex) 3/2,5 $759.9K, 1615 Serenity Ln 3/2 $869K, 9475 Beverly Ln 3/2 $949K, 248 Christofer Ct 2/2.5 $994K, 5309 Umbrella Pool Rd 3/3 $995K (SanibelSusan listing), 1677 Sabal Sands Rd 3/2 $999,555; 1425 Causey Ct 4/3 $1.199M, 580 Boulder Dr 3/2 $1.65M, 1428 Albatross Rd 3/2.5 $1.69M, 1052 Whisperwood Way 3/3 $2.25M.
5309 Umbrella Pool Rd
4 price changes: 9247 Dimmick Dr 3/2 now $979K, 431 Rabbit Rd 3/2.5 now $995K, 1199 Par View Dr 3/2.5 now $1.995M, 2667 Coconut Dr 3/3 now $2.249M.
2 new sales: 530 Leather Fern Pl 2/2 listed at $350K, 431 Rabbit Rd 3/2.5 listed at $995K.
1 closed sale: 2501 Key Lime Pl 2/2 $689K.
LOTS
1 new listing: 565 Birdsong Pl $274K.
1 price change: 6492 San-Cap Rd now $890K.
No new or closed sales.
Captiva
CONDOS
No new listings.
3 price changes: Bayside Villas #4306 3/3 now $1.439M, Sunset Captiva #101 2/2 now $1.75M, Sunset Captiva #103 2/2 now $1.75M.
No new or closed sales.
HOMES
No new listings.
1 price change: 58 Sandpiper Ct 3/2 now $1.599M.
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.
Enjoy your weekend, more blue skies and mid-80-degree days are expected here,
Susan Andrews, aka SanibelSusan
You must be logged in to post a comment.