It is another sun-shiny Friday with Sanibel and Captiva Islands still surrounded by bright blue water, though there finally were some heavy showers on both Mothers’ Day and Monday. A few swales have water in them as others continue to be cleaned out in preparation for rainy season.

May also is when islanders usually enjoy seeing the local royal poinciana trees bursting with orange blooms. When I remembered that I had not seen may yet, I drove by a few former favorites this afternoon. Most were severely damaged and not doing well, but I found a new one in Island Woods that I had not noticed in prior years.

Daytime temps in the mid-80’s (degrees F) are expected right through next week as new growth in typical spring fashion is popping out everywhere, including on my front walk where a gardenia bush has made it through the last three hurricanes. It only has a single bloom, but it is going to make it!

Last Saturday, I also spotted my first island marsh rabbit since Hurricane Ian. Others have spotted them all over, but this one was in my yard – so extra special.

Sanibel & Captiva Islands Association of Realtors

Last weekend the May/June issue of the island “Real Estate Guide” was out. Our ad is below:

Wednesday was the Association 28^th Annual RPAC Golf Tournament, Auction, and Party at The Sanctuary. Thankfully it was a day with clear weather, bright blue skies and plenty of sunshine. Formerly known as our “Over the Hump” party to celebrate the end of high season, it was hardly a busy winter this year, but it is always important to celebrate our profession and support RPAC.

Roadways are again very quiet now that most snowbirds have departed and few are vacationing. With that slowdown, the weekly Association caravan meetings have changed to twice a month and likely will stay that way until business picks up in the fall. The meeting scheduled yesterday was cancelled.

The next Caravan will follow the monthly membership meeting on May 29 when Sanibel Mayor Mike Miller is the guest speaker.

Island Real Estate Scoop

Below, with data from the island MLS are summary tables of the residential sales statistics, followed by the details of the MLS action reported this week.

There were 12 residential island sales this week, all on Sanibel (three condos, eight homes, and a lot).

SANIBEL RESIDENTIAL	CONDOS			HOMES			LOTS
	#	Avg Price	DOM	#	Avg Price	DOM	#	Avg Price	DOM
For sale:	176	983,804	137	277	1,804,415	131	44	955,281	288
Under contract	12	750,583	126	24	1,314,481	132	1	399,000	118
Sold to 5/16/25	45	807,366	121	65	1,440,403	111	3	1,350,000	66
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	1,214,223	184	42	6,166,500	163	3	9,916,666	280
Under contract	2	2,394,500	62	0	N/A	N/A	0	N/A	N/A
Sold to 5/16/25	3	1,065,000	477	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 May 9-16

Sanibel

CONDOS

1 new listing: Loggerhead #331 2/2 $835K.

5 price changes: Mariner Pointe #1023 2/2 now $425K, Gulf Beach #203 2/2 now $699K, Gulf Beach #204 2/2 now $699K, Sundial #K103 2/2 now $949K, Sanibel Sunset #102 3/2 now $1.049M.

3 new sales: Blind Pass #B110 2/2 listed at $549K, Beach Road Villas #103 2/2 listed at $585K, Loggerhead Cay #184 2/2 listed at $939K.

2 closed sales: Colonnades #1 1/1 $227.5K, Sundial #C406 1/1 $555K.

HOMES

2 new listings: 3940 Coquina Dr 3/2 $825K, 3008 Turtle Gait Ln 3/2 $1.5M.

8 price changes: 9455 Beverly Ln 2/2 now $550K, 220 Hurricane Ln 2/2 now $625K, 5892 San-Cap Rd 3/3 now $649K, 4631 Bowen Bayou Rd 3/2 now $749K, 1242 Par View Dr 3/2 now $899K, 5300 Umbrella Pool 3/3 now $1.1M, 544 Sea Oats Dr 4/4 now $1.395M, 734 Pyrula Ave 3/2.5 now $1.399M.

8 new sales: 1027 Bird Watch Way 3/2 listed at $825K, 485 Peachtree Rd 3/3 listed at $975K, 459 Lagoon Dr 2/2.5 listed at $1.099M, 1660 Bunting Ln 4/3.5 listed at $1.3M, 5855 San-Cap Rd 3/2 listed at $1.35M, 1590 Century Ct 3/3 listed at $1.395M, 2402 Wulfert Rd 4/3.5 listed at $1.695M, 483 Sea Walk Ct 4/3 listed at $2.094M.

5 closed sales: 575 Hideaway Ct 3/2 $607.5K, 1521 Wilton Ln 3/2 $850K, 1817 Long Point Ln 3/2 $1.5M, 1313 Eagle Run Dr 3/3 $1.61M. 4099 West Gulf Dr 5/5.5 $2.8M.

LOTS

No new listings.

2 price changes: Bowmans Beach Rd 27 now $210K, 5398 Osprey Ct now $339K.

1 new sale: 1377 Jamaica Dr listed at $399K.

No closed sales.

CAPTIVA

CONDOS

1 new listing: Lands End Village #1602 3/3 $3.398M.

2 price changes: Bayside Villas #5112 1/2 now $295K, Bayside Villas #5124 1/2 now $349K.

No new sales.

1 closed sale: Gulf Beach Villas #2126 2/2 $1M.

HOMES

1 new listing: 11555 Wightman Ln 3/2.5 $4.5M.

1 price change: 15161 Captiva Dr 4/4.5 now $5.995M.

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 in or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan