Here’s to the first Friday in 2026 – a new year with new beginnings, continued island recovery, and hopefully more real estate sales. The SanibelSusan Team is ready for it and encouraged this week with inquiries both about listings and the market. It was positive too to see more cars at gulf-front rental condo communities – the most since pre-Ian. With the bike paths also busy, there are increasing signs that the islands finally are bounding back.

Winter Weather Over Here – We Hope

There were a few chilly, clear breezy days this week in SW Florida. Forty-four degrees was the lowest recorded at my home on Tuesday night. Thankfully, the wind died down yesterday with plenty of blue skies and sunshine again. Daytime temps were back into the mid-60’s with the cold front mostly over. Today forecasters say low 70’s with expectations that next week will be back to the weather we like on the islands in January – bright days and even warmer temps.

Sanibel & Captiva Islands Association of Realtors

With the holiday, the local Association of Realtors did not meet again this week, but there is an East-End Caravan Meeting scheduled for next Thursday morning.

Looking at residential activity posted in the SanCap MLS, since last Friday, there have been nine new sales, all on Sanibel: six homes and three condos.

During the same time, there were 11 new residential listings and 12 price changes.

There also was a price reduction at the commercial property at 520 Tarpon Bay Rd to $1.25M. That is the free-standing historic building that was once the home of Lily & Company jewelry. It is next door to Doc Ford’s and across the street from what will be the future new Bailey’s Shopping Center.

More Real Estate Scoop

Though the number of homes and condos sold in 2025 on both Sanibel and Captiva exceeded the numbers sold in 2024, there still is a lot of inventory. Based on how many sold last year, today there is 1.5 years of Sanibel condo inventory, also almost 1.5 years of home inventory. On Captiva, there is 3+years of condo inventory, and 2+years of homes. Savy buyers should be taking advantage of this now, as the market will change.

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	164	1,056,064	177	228	1,760,960	122		54	1,595,342	261
Under contract	5	974,500	214	21	2,087,185	116		2	487,450	100
Sold to 1/2/2026	0	N/A	N/A	0	N/A	N/A	0	0	N/A	N/A
Sold 2025	104	755,564	153	159	1,291,016	140		7	952,857	252
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	50	1,278,238	221	26	6,484,884	258	3	10,166,666	415
Under contract	3	1,056,333	187	0	N/A	N/A	0	N/A	N/A
Sold to 1/2/2026	0	N/A	N/A	0	N/A	N/A	0	N/A	N/A
Sold 2025	16	931,187	214	12	2,480,375	90	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 Dec 26-Jan 2

 

CONDOS

1 new listing: White Sands #13 2/2 $1.099M.

2 price changes: Sandalfoot #1A2 2/2 now $799K, Sandalfoot #5D2 2/2 now $799K.

3 new sales: Sundial #F305 1/1 listed at $465K, Sanibel Shores #A-1 2/2 listed at $564.4K, Wedgewood #305 3/3.5 listed at $2.695M.

3 closed sales: Sanibel Arms #H2 1/1 $290K, Loggerhead Cay #363 2/2 $665K, Sandalfoot #5D3 2/2 $825K.

HOMES

6 new listings: 1319 Par View Dr 3/2.5 $1.195M, 6476 Pine Ave 3/3 $1.2M, 9008 Mockingbird Dr 3/3 $1.575M, 479 Lagoon Dr 3/3 $1.95M, 687 Anchor Dr 4/3 $2.75M, 2388 Wulfert Rd 3/3.5 $2.85M.

8 price changes: 1651 Sand Castle Rd (1/2 duplex) 3/2.5 now $599K, 1611 Sand Castle Rd (1/2 duplex) 3/3.5 now $649K, 1390 Middle Gulf Dr #E (1/2 duplex) 3/3 now $649K, 5901 San-Cap Rd 3/2 now $950K, 1310 Par View Dr 3/3 now $1.349M, 732 Windlass Way 4/3.5 now $1.599M, 1233/1235 Middle Gulf Dr 4/3 now $1.895M, 6450 Pine Ave 3/3 now $2.247M.

6 new sales: 1595 Bunting Ln 3/2 listed at $649.9K, 1643 Bunting Ln 2/2 listed at $725K, 935 Pecten Ct 3/2 listed at $799K, 931 Snowberry Ln 4/4 listed at $1.395M, 766 Sand Dollar Dr 4/4.5.5 listed at $2,999,999; 3611 West Gulf Dr 4/4.5 listed at $6.489M.

3 closed sales: 731 Durion Ct 3/2 $999K, 799 Birdie View Pt 3/3 $1.25M, 2479 Harbour Ln 4/3 $1.29M.

LOTS

3 new listings: 4641 Rue Belle Mer $3.375M, 3507 West Gulf Dr $5M, 3517 West Gulf Dr $11.5M.

No price changes or new sales.

1 closed sale: 4801 Tradewinds Dr $1.2M.

CAPTIVA

CONDOS

1 new listing: Gulf Beach Villas #2004 2/2 $1.15M.

1 price change: Gulf Beach Villas #2111 2/2 now $1.05M.

No new or closed sales.

HOMES

No new listings.

1 price change: 11550 Paige Ct 5/5.5.5 now $6.15M.

No new sales.

3 closed sales: 16357 Captiva Dr 3/2 $3.9M, 16393 Captiva Dr 3/2 $4.4M, 16370 Captiva Dr 4/5 $7.5M.

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