As the islands prepare for Christmas, it has been surprising that visitor traffic has not picked up. Contractor vehicles continue with morning back-ups coming on island and when departing starting mid-afternoons. Many trucks also have been delivering sand to Lighthouse Beach during the workday, but that project may be finishing soon.
Today, there was further roadway construction progress heading off the island with both lanes now open, beginning just past the mudflats.
Weatherwise, looking ahead to Christmas, next week daytime temperatures here are forecast to be mid- to high-70’s (degrees F) with plenty of blue skies and sunshine. Great weather for those here to escape snow/ice. Maybe tomorrow, Saturday check-ins will bring more families vacationing. Their business is needed and appreciated.
Upcoming Island Events
Captiva Chapel by the Sea – The chapel itself is not open, but a 
South Seas Holiday Stroll – is this weekend, Dec 20 & 21 (Friday and Saturday) from 6 to 8 p.m. at the Shops at South Seas, 14830 Captiva Dr, with live music/entertainment, arts and crafts, and more.
Sanibel & Captiva Islands Real Estate Scoop
He said the Chamber website gets over 2M visitors annually and now is focusing on what returning visitors can “expect” when they come back. His slide said, “It’s Not Perfect, But Still Paradise!”
Today, 31% of pre-Ian accommodations are available. That number was up to 36% before Helene. It had been down to 17%. By Feb, he expects that number may be up to 46%, with Sundial, Oceans Reach, Sanibel Inn, and Shell Island scheduled to reopen.
John also encouraged posting Sanibel anniversary events on the Chamber calendar at 50YearsOfSanibel.com. He then fielded a few questions before wrapping up.
During the Caravan Meeting that followed, mostly new listings and price reductions were announced. The standard agenda for these meetings includes new sales, new listings, price reductions, buyer wants, and changes to resource documents (fee changes, etc.). When “buyer wants” were requested, many attendees hollered out “we want buyers”. The Tour after the meeting had five homes open for easy viewing.
Again, it was a slow week for both showings and sales. On Sanibel, there were no condo or lot sales, and no sales at all on Captiva. Four Sanibel homes went under contract, all relatively new listings. Note in the table below that the Sanibel homes that are under contract average just 17 days on the market. It has been the unique well-priced properties that have gone under contract quickly. Even so, 100 fewer Sanibel homes have sold/closed this year compared to last.
|
SANIBEL RESIDENTIAL |
CONDOS |
HOMES |
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
|
For sale: |
110 |
969,558 |
134 |
175 |
2,015,247 |
101 |
31 |
1,022,445 |
254 |
|
Under contract |
6 |
1,268,800 |
152 |
13 |
1,370,884 |
17 |
0 |
N/A |
N/A |
|
Sold to 12/20/24 |
74 |
818,203 |
118 |
163 |
1,476,319 |
115 |
15 |
1,403,533 |
192 |
|
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: |
35 |
1,182,742 |
163 |
20 |
6,882,650 |
258 |
1 |
12M |
477 |
|
Under contract |
0 |
N/A |
N/A |
2 |
5,499,999 |
40 |
0 |
N/A |
N/A |
|
Sold to 12/20/24 |
13 |
1,728,846 |
185 |
7 |
4,203,214 |
185 |
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 Dec 13-20:
CONDOS
5 new listings: Sundial #C307 1/1 $575K, Kings Crown #308 2/2 $849K, Sanibel Moorings #1541 3/2 $859K, Gulfside Place #108 2/2 $1.625M, Sundial #O406 2/2 $1.675M.
3 back-on-market: Sanibel Moorings #1422 2/2 $749K, Sanibel Moorings #121 2/2 $929K, Gulfside Place #209 2/2 $1.195M.
2 price changes: Coquina Beach #4B 2/2 now $699K, Kings Crown #217 2/2 now $1.599M.
No new sales.
3 closed sales: Sandalfoot #1C2 2/2 $780K, Loggerhead Cay #472 2/2 $855K, Compass Point #122 3/2 $1.25M.
HOMES
12 new listings: 690 Purdy Dr 3/2 $599K, 1549 Wilton Ln 3/2 $629K, 1950 Periwinkle Way (1/2 duplex) 3/2 $749.9K, 4452 Gulf Pines Dr 3/2 $799K, 1526 Wilton Ln 4/2 $850K, 1978 Roseate Ln 3/2 $899.5K, 589 Rabbit Rd 2/2 $924K, 1660 Bunting Ln 4/3.5 $1.4M, 1266-68 Par View Dr 4/4 $2.695M, 4318 West Gulf Dr 3/4.5 $2.995M, 659 Anchor Dr 3/4.5 $2.997M, 4513 Waters Edge Ln 3/2.5 $5.45M.
4 back-on-market: 5089 San-Cap Rd 3/2 $950K, 557 Lake Murex Cir 3/2.5 $1.44M, 979 Whelk Dr 3/3 $1.849M, 2287 Starfish Ln 4/4 $2,489,900.
3 price changes: 586 Boulder Dr 3/2 now $565K, 4546 Buck Key Rd 4/2 now $949K, 1311 Par View Dr 3/2 now $1.375M.
4 new sales: 490 & 460 Old Trail Rd 3/3 listed at $638.5K, 660/664 Periwinkle Way (duplex) 4/2.5.5 listed at $869K, 706 Nerita St 3/2.5 listed at $1.195M, 6211 Starling Way 4/4.5 listed at $3.75M.
2 closed sales: 248 Christofer Ct 2/2.5 $895K, 819 Birdie View Pt 3/2.5 $1.595M.
LOTS
1 new listing: 1729 Jewel Box Dr $1.295M.
1 price change: 1801 Olde Middle Gulf Dr now $6.5M.
No new or closed sales.
CAPTIVA
CONDOS, 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.
Susan Andrews, aka SanibelSusan