Hooray, the more traditional summer weather continues – mostly blue sky and sunshine with occasional quick showers to keep the growing green and critters hydrated.

On my Sanibel travels this afternoon, it was a surprise to see no vehicles at several East-End beach accesses.

Sanibel Susan’s Real Estate Scoop

Teammate Dave and I continue to communicate with folks about selling, There are always owners just thinking about a change, others that want to sell but don’t have to, and some that really need a sale – and fast, All considered, here is my advice and a bit of general info about the island summer real estate market.

For decades, before the last three storms, the most Sanibel/Captiva sales have been during last quarter and first quarter. Last quarter buyers often are retirees, investors, or prospective 2^nd home owners looking to benefit from winter personal use or ownership, including rental income. The high number of 1^st quarter sales are because there usually are more people here then that can afford the islands.

So what about summer? Of course, there may be sales at any time of the year. There are families that want to move before schools restart. There are buyers that want to personalize property. We have learned to never be surprised when a buyer might surface, but there just usually are not as many in the summer.

Unfortunately, three hurricanes in three years has made the buyer pool today more hesitant, resistant, scared, and for some products, almost non-existent. Is it a great time to be a buyer? You, bet, inventory is up, there are many choices. Many say, it may take a summer without a hurricane for the market to transition to more stability or correct to a balance.

Some less-recognized summer trends are that this is when some sellers take their property off the market. It could be for a day, a week, or a few months. It could be for physical improvements or it could be that they think “giving the listing a rest” will make it look like a new listing when it comes back on the market.

Then there are a few sellers that drop their price every week or month. Today’s technology allows prospective purchasers to do more homework, so these tactics are not often successful. The SanibelSusan Team believes that if you want to sell, list your property and keep it on the market.

This summer, the other behind-the-scenes trend is for agents to move brokerages. We understand that the market over the last three years has not been kind to everyone and that companies change. You may have already seen ads about Realtors moving. We hope they all succeed.

The SanibelSusan Team looks forward to a successful market correction. It is taking longer than expected for the island to bounce back from Ian, Helene, and Milton, with the Sanibel and Captiva real estate market also still feeling those effects. Moving forward in a positive direction, we are always exploring ways to keep our listings in the forefront.

Sanibel & Captiva Association of Realtors

The island Association of Realtors had their biweekly Caravan yesterday with three homes and a condo, all on Sanibel, open for easy viewing after the meeting.

Six new sales were posted this week in the island MLS, a Sanibel condo and five homes: three on Sanibel and two on Captiva.

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.

SANIBEL RESIDENTIAL	CONDOS			HOMES			LOTS
	#	Avg Price	DOM	#	Avg Price	DOM	#	Avg Price	DOM
For sale:	160	931,624	162	211	1,598,802	148	43	1,249,404	295
Under contract	8	754,749	167	13	1,796,800	152	0	N/A	N/A
Sold to 7/11/25	59	790,389	117	101	1,387,486	125	4	1,095,000	79
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:	47	1,290,670	204	33	5,760,363	196	3	9,916,666	336
Under contract	2	487,500	229	3	2,518,333	74	0	N/A	N/A
Sold to 7/11/25	8	1,136,250	244	2	1,255,000	138	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 July 4-11

Sanibel

CONDOS

1 new listing: Pointe Santo #E32 2/2 $998.9K.

2 price changes: Sanibel Moorings #212 1/1 now $450K, Sanibel Moorings #232 2/2 now $550K.

1 new sale: Sundial #I102 1/1 listed at $525K.

No closed sales.

HOMES

2 new listings: 837 Casa Ybel Rd (duplex) 2/2 $550K, 651 N Yachtsman Dr 3/2 $1.845M.

1 back-on-market: 720 Elinor Way 3/2 $1.149M.

5 price changes: 3009 Singing Wind Dr 3/2 now $742K, 5115 San-Cap Rd 2/2 now $799K, 566 Boulder Dr 3/2 now $849K, 1825 Middle Gulf Dr 3/2 now $999,999; 3711 Agate Ct 3/2.5 now $1.249M.

3 new sales: 1684 Bunting Ln 2/2 listed at $775K, 1589 Sand Castle Rd 3/2 listed at $1.33M, 2364 Wulfert Rd 4/4 listed at $1,694,500.

5 closed sales: 1839 Farm Tr 3/2 $708K, 5089 San-Cap Rd 3/2 $750K, 252 Daniel Dr 3/2 $1,062,599; 3744 West Gulf Dr 4/4 $1.525M, 4318 West Gulf Dr 3/4.5 $2.6M.

LOTS

1 new listing: 6068 Dinkins Lake Rd $450K.

1 price change: 5398 Osprey Ct now $329K.

No new or closed sales.

CAPTIVA

CONDOS

No new listings.

1 price change: Tennis Villas #3213 1/1 now $410K.

No new sales.

2 closed sales: Bayside Villas #5208 1/2 $325K, Bayside Villas #32 3/3 $885K.

HOMES

No new listings.

2 price changes: 14865 Mango Ct 2/2 now $1.295M, 16632 Captiva Dr 5/4 now $5.95M.

2 new sales; 54 Sandpiper Ct 2/2 listed at $1.36M, 11533 Andy Rosse Ln 4/4 listed at $3.2M.

1 closed sale: 15155 Wiles Dr 3/2 $1.6M.

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.