It was another week without much rain on sunny Sanibel. After a nice brief late-morning shower yesterday and in typical September fashion, more showers are expected in the upcoming days. Weather forecasters predict more than 50% chance of rain beginning tomorrow and continuing through next week. Tropical Storm Dolly which formed in the Atlantic yesterday, was downgraded today to a tropical wave.

Sanibel & Captiva Islands Association of Realtors

Yesterday, the island Association of Realtors held their August membership meeting followed by an Open Caravan from 10 a.m. to 1 p.m. Just two Sanibel east-end homes were scheduled for viewing, with the one at Colony Beach Estates going to auction soon.

The next Caravan Meeting is September 10.

Other Island News

Publix coming to Sanibel has been a rumor for a while. Here is the article posted this morning by the Fort Myers “News-Press”: “Publix is exploring a store on Sanibel as plans to rebuild the island’s longtime Bailey’s General Store appear to have been canceled. The Lakeland-based supermarket chain recently had a pre-application meeting with city officials; city spokesman Eric Jackson told The News-Press. Such a meeting is a preliminary step in the development process, Jackson said, and doesn’t mean a project will ultimately be built.”

The “Island Reporter” in their business section this week had a nice photo and write-up about my recent “Broker Tips & Tales” presentation at the island Association of Realtors.

Select Vacation Properties announced this week that their new location is 1049 Periwinkle Way, Suite A. That is the former site of John Naumann & Associates.

Island Real Estate Scoop

Like most years, it is very quiet on the island now. As we count down to the end of hurricane season, many accommodations are offering special discounts and Realtors are reporting few, if any, inquiries or showings.

Looking at the residential real estate activity posted in the SanCap MLS since last Friday, there have been four Sanibel home sales.

During the same time, there have been three new residential listings and seven price changes.

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

SANIBEL Residential	CONDOS			HOMES			LOTS
	#	Avg Price	DOM	#	Avg Price	DOM	#	Avg Price	DOM
For sale	113	883,946	298	106	1,689,028	191	55	1,551,390	361
Under contract	6	1,307,092	261	21	1,347,571	190	2	369,000	203
Sold to 8/28/26	91	830,049	191	175	1,529,240	149	12	1,698,666	237
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

 

CAPTIVA Residential	CONDOS			HOMES			LOTS
	#	Avg Price	DOM	#	Avg Price	DOM	#	Avg Price	DOM
For sale	30	1,691,430	248	27	5,734,407	318	4	10,662,500	502
Under contract	2	1,859,000	108	0	N/A	N/A	0	N/A	N/A
Sold to 8/28/26	26	926,211	121	9	4,022,222	244	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

Sanibel & Captiva Islands Multiple Listing Service Activity August 21-28

Sanibel

CONDOS

No new listings.

2 price changes: Tennisplace #D33 1/1 now $329K, Kings Crown #212 2/2 now $780K.

No new or closed sales.

HOMES

2 new listings: 6153 Starling Way 3/2 $1.549M, 6062 Dinkins Lake Rd 3/2 $1.89M.

2 price changes: 1377 Sand Castle Rd 4/3 now $657K, 1410 Sand Castle Rd 3/2 now $839K.

4 new sales: 1314 Tahiti Dr 2/2 listed at $579K, 702 Pyrula Ave 3/2 listed at $895K, 2499 Harbour Ln 3/3 listed at $1.399M, 791 Sand Dollar Dr 3/2.5 listed at $1.495M.

3 closed sales: 1737 Serenity Ln 3/2 $675K, 595 Piedmont Dr 3/2 $1.175M, 1537 Sand Castle Rd 4/3 $1.385M.

LOTS

Nothing to report.

Captiva

CONDOS

1 new listing: Captiva Resort Villas (fka Tennis Villas) #3221 1/1 $350K.

2 price changes: Captiva Resort Villas (fka Tennis Villas) #3233 2/2 now $550K, Lands End Village #1602 3/3 now $2.259M.

No new or closed sales.

HOMES

No new listings.

1 price change: 1071 South Seas Plantation Rd 3/3.5 now $4.2M.

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 in any way responsible for the accuracy. Data maintained by the association, or its MLS, may now 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