If there is one thing that remains terrific on Sanibel and Captiva Islands, it is the winter weather. Though occasional showers (like on Monday this week) are appreciated, it is the dry sunny 70+degree F days that make most beachgoers, bikers, and water enthusiasts happy.

Certainly, traffic is weather related, as many joked Monday that the forecast made it a breeze traveling both up and down Periwinkle, and on-/off-island. Once the sun came up Tuesday though, it was back to “season” fun with more patience required when traveling.
Upcoming Events
Taste Of The Islands – is tomorrow Sat Mar 1 from 11 a.m. to 4 p.m. on the grounds of Sanibel City Hall. Parking is limited and attendees are encouraged to get tickets in advance ($10/each) at https://www.eventbrite.com/e/taste-of-the-islands-tickets-102732788435788th Annual Sanibel Shell Festival – is at The Community House from Thurs Mar 6 through Sat Mar 8 from 9 a.m. to 3 p.m.
Sanibel & Captiva Islands Association of Realtors
Yesterday, at the islands Association of Realtors weekly East-End Caravan Meeting, there were many empty seats and just a handful of announcements. Following the meeting, eight Sanibel homes and a condo were open for easy viewing. Traffic was brutal, however, with Periwinkle at a crawl at noon, for the 2nd day in a row. Hopefully some of those vehicles are carrying “buyers”.
Though it is nice to see seven new island sales posted this week (three Sanibel condos, two Sanibel homes, and two Captiva condos), with 582 residential properties actively for sale (497 on Sanibel and 85 on Captiva), inventory is huge and continues to grow by the day.
There have been 47 price reductions posted since last Friday, some excellent values – many bests in years!
|
SANIBEL RESIDENTIAL |
CONDOS |
HOMES |
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
|
For sale: |
170 |
981,750 |
117 |
289 |
1,768,046 |
96 |
38 |
911,507 |
266 |
|
Under contract |
16 |
884,093 |
77 |
28 |
1,756,412 |
75 |
2 |
1,647,000 |
82 |
|
Sold to 2/28/25 |
10 |
828,166 |
174 |
20 |
1,468,930 |
63 |
0 |
N/A |
N/A |
|
Sold 2024 |
75 |
818,493 |
117 |
165 |
1,472,757 |
114 |
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: |
51 |
1,219,322 |
139 |
31 |
6,191,166 |
137 |
3 |
9,916,666 |
203 |
|
Under contract |
2 |
1,797,000 |
537 |
1 |
6,250,000 |
40 |
0 |
N/A |
N/A |
|
Sold to 2/28/25 |
0 |
N/A |
N/A |
1 |
910,000 |
86 |
0 |
N/A |
N/A |
|
Sold 2024 |
13 |
1,728,846 |
185 |
8 |
4,887,187 |
182 |
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 Feb 21-28
Sanibel
CONDOS
10 new listings: Signal Inn #10 1/1 $549K, Sanibel Moorings #212 1/1 $550K, Sanibel Shores #C1 1/1 $560K, Sanibel Shores #B2 1/1 $570K, Sanibel Shores #A2 2/2 $590K, Sanibel Moorings #232 2/2 $779K, Loggerhead Cay #303 2/2 $899K, Sandalfoot #1A2 2/2 $999K, Sundial #O201 3/2 $1.19M. Sanctuary Golf Village #2-PH6 3/3 $1.55M.
1 back-on-market: Loggerhead Cay #264 2/2 $899K.
9 price changes: Seashells #26 2/2 now $415K, Mariner Pointe #312 2/2 now $429K (SanibelSusan listing), Mariner Pointe #811 2/2 now $595K, Sanibel Moorings #1441 1/1 now $599K, Oceans Reach #2B2 1/1 now $699K, Oceans Reach #3X3 1/1 now $725K, Sand Pointe #238 2/2 now $765K, Loggerhead Cay #362 2/2 now $853K, Tamarind #B201 2/2 now $1.659M.

3 new sales: Sandalfoot #5B2 1/1 listed at $599K, Oceans Reach #4D1 2/2 listed at $850K, Sayana #203 2/2 listed at $895K.
1 closed sale: Captains Walk #A4 2/2 $310K.
HOMES
10 new listings: 1440 Sandpiper Cir 3/2.5 $725K, 4534 Bowen Bayou Rd 3/2 $989K, 554 East Rocks Dr 3/2 $989K, 2596 Roosevelt Pl 3/2 $1.1M, 1817 Long Point Ln 3/2 $1.579M, 821 Lindgren Blvd 3.3 $1.795M, 1828 Buckthorn Ln 4/4.5 $1.925M, 1672 Hibiscus Dr 4/4.5 $1.95M, 9113 Mockingbird Dr 3/3.5 $1.995M, 1680 Hibiscus Dr 3/3.5 $2.3M.
33 price changes: 586 Boulder Dr 3/2 now $539K, 220 Hurricane Ln 2/2 now $699K, 1657 Atlanta Plaza Dr 3/2 now $699K, 495 East Lake Rd 3/2 now $749K, 455 Peachtree Rd 2/2 now $775K, 1846 Farm Tr 3/2 now $790K, 5089 San-Cap Rd 3/2 now $798K, 1813 Long Point Ln 4/2.5 now $799K, 662 East Rocks Dr 3/2 now $799K, 589 Rabbit Rd 2/2 now $824K, 235 Palm Lake Dr 3/2 now $839K, 1615 Serenity Ln 3/2 now $845K, 887 Casa Ybel Rd (multi-family) 5/3 now $849K, 486 Lake Murex Cir 3/2 now $874K, 4546 Buck Key Rd 4/2 now $895K, 5869 Pine Tree Dr 3/2 now $899K, 9490 Peaceful Dr 3/3 now $949K, 1410 Albatross Rd 3/3 now $999,999; 1048 Fish Crow Rd 3/3 now $1,057,300; 1563 Sand Castle Rd 4/4.5 now $1.1M, 4639 Brainard Bayou Rd 3/2.5 now $1.155M, 673 East Rocks Dr 3/2 now $1.195M, 1270 Par View Dr 3/2 now $1.195M, 3711 Agate Ct 3/2.5 now $1.37M, 5753 Pine Tree Dr 3/4 now $1.495M, 4775 Rue Helene 4/3 now $1.555M, 526 N Yachtsman Dr 3/2 now $1.695M, 788 Birdie View Pt 3/3 now $1.749M, 4166 Dingman Dr 4/4 now $1.98M, 5435 Osprey Ct 4/3.5 now $2.149M, 4090 West Gulf Dr 5/3 now $2.4M, 1266 Par View Dr 4/4 now $2.495M, 5071 Joewood Dr 4/5.5.5 now $5.45M.
2 new sales: 209 Robinwood Cir 3/2 listed at $599K, 4352 West Gulf Dr 5/3.5 listed at $3.33M.
No closed sales.
LOTS
1 new listing: Gulf Pines Dr Lot 16 $674.5K.
1 price change: 3730 Coquina Dr now $480K.
No new or closed sales.
CAPTIVA
CONDOS
7 new listings: Tennis Villas #3233 2/2 $699K, Beach Villas #2217 1/1 $710K, Bayside Villas #320 3/3 $1.149M, Bayside Villas #4318 3/3 $1.149M, Beach Cottages #1423 2/2 $1.625M, Lands End Village #1645 2/2 $1.79M, Beach Homes #33 4/3 $4.35M.
3 price changes: Bayside Villas #4116 1/1 now $550K, Beach Homes #29 4/4 now $3.249M, Captiva Beach Villas #E 5/4.5 now $3.75M.
2 new sales: Gulf Beach Villas #2126 2/2 listed at $1.195M, Lands End Village #1650 3/3 listed at $2,399M.
No closed sales.
HOMES
No new listings.
1 price change: 16512 Captiva Dr 7/5.5 now $8.5M.
No now 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,
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