Following another week of weather watching, it has been mostly sunny again here on the islands as Florida’s East Coast continues to receive daily showers. There have been occasional showers here also, but just enough to keep the tropical vegetation green and wildlife happy. Daytime temperatures are still in the mid-to-high 80’s (degrees F) while it gets down into the low 70’s at night.

Though it has been overcast often today, the sun is out now and the Columbus Day weekend should have perfect weather. Little to no rain is expected on the island from tomorrow through next week.

Island Happenings

With an abundance of fall and winter schedules firming up, it looks like a storm-free summer has returned many island activities that locals and visitors enjoy and added plenty of new ones – from spooky Halloween fun to Thanksgiving and holiday sales and events that should contribute to restoration and more business.

In the real estate world, it remains a buyers’ market with more inventory than purchasers, but there has recently been positive news, particularly as condo associations are working on their plans for next year. Mariner Pointe, as an example, has noticed owners that their draft 2026 budget is more than 25% less than their 2025. Their Board of Directors is expected to approve the new budget next week. Changes like that should help sales.

Sanibel & Captiva Islands Association of Realtors

The local Association of Realtors had a Caravan meeting yesterday with three properties open after the meeting for easy viewing – two Sanibel condos at Tennisplace and a Sanibel Seaspray home. The next meeting with Caravan is the Annual Meeting on October 23 when yearly reports will be presented and election results announced.

Since last Friday, six new sales have been posted in the SanCap MLS, two Sanibel condos and four Sanibel homes. During the same time, there were five new listings and 24 price reductions.

The October/November issue of the island “Real Estate Guide” came out today. Below is our ad from page 12.

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:	116	946,306	209	137	1,542,214	161	37	1,355,662	290
Under contract	13	786,692	224	11	933,090	156	1	5,999,000	491
Sold to 10/10/25	80	767,424	139	127	1,364,410	138	6	911,666	199
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:	44	1,154,715	250	24	6,455,833	288	2	12,000,000	509
Under contract	2	492,000	151	1	1,599,000	179	0	N/A	N/A
Sold to 10/10/25	12	891,166	255	7	1,625,285	119	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 Oct 3-10

Sanibel

CONDOS

2 new listings: Colonnades #14 1/1 $239K, Beach Road Villas #104 2/2 $549K.

8 price changes: Signal Inn #10 1/1 now $525K, Signal Inn #1 2/1 now $649K, Sanibel Arms West #M4 2/2 now $675K, Coquina Beach #A-4 2/2 now $675K, Signal Inn #14 2/2 now $899K, Sundial #L402 3/2 now $1.075M, Tamarind #B201 2/2 now $1.299M, Royal Tern #204 3/3.5 now $2.295M.

2 new sales: Mariner Pointe #1023 2/2 listed at $425K, Villa Sanibel #1B 2/2 listed at $699K.

2 closed sales: Tantara #202 2/2 $650K, Pointe Santo #C41 2/2 $887.5K.

HOMES

3 new listings: 513 Rabbit Rd 3/2 $947K, 1558 Sand Castle Rd 3/2 $1.299M, 930 Lindgren Blvd 3/2 $1.345M.

11 price changes: 53093 Umbrella Pool Rd 3/3 now $799K, 1625 Serenity Ln 3/2 now $825K, 1043 Blue Heron Dr 3/3 now $880K, 9225 Dimmick Dr 4/2.5 now $879K, 9247 Dimmick Dr 3/2 now $889K, 1139 Buttonwood Ln 2/2 now $989K, 1825 Middle Gulf Dr 3/2 now $1.049M, 1755 Pen Shell Dr 3/2 now $1.15M, 2612 Coconut Dr 3/2 now $1.225M, 2402 Wulfert Rd 4/3.5 now $1.529M, 513 Lighthouse Way 3/3 now $2.45M.

4 new sales: 730 Cardium St 2/2 listed at $650K, 1421 Sand Castle Rd 3/2 listed at $890K, 213 Daniel Dr 4/3 listed at $1.399M, 203 Daniel Dr 3/3 listed at $1.455M.

1 closed sales: 2126 Egret Cir 3/2 $745K.

LOTS

No new listings.

2 price changes: 4733 Rue Belle Mer now $850K, 1755 Jewel Box Dr now $900K.

No new or closed sales.

CAPTIVA

CONDOS

Nothing to report.

HOMES

No new listings.

3 price changes: 1124 Longifolia Ct 5/5 now $3.395M, 11550 Paige Ct 5/5.5.5 now $6.2M, 15735 Captiva Dr 5/5.5 now $12.8M.

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