Island Real Estate Scoop & Labor Day Weekend 2026

Here it is another beautiful sunny Friday afternoon. (Photo is from Pointe Santo’s web cam at 4 p.m.)

Do not want to jinx it but the islands have had nice weather again all week with warm temperatures, plenty of sunshine, and only a handful of showers. More of the same is expected next week with rain chance only 20% tomorrow and less than 50% other days. When it does shower, they are usually short ones.

Another interesting tidbit was posted this morning on Meteorologist Matt Devitt Weather’s Facebook page.: “If we reach September 11th without a hurricane in the Atlantic, it will be the latest on record in the satellite era (1966).”

Sanibel & Captiva Islands Association of Realtors

The island Association of Realtors did not meet this week but rather provided the Continuing Education classes that Realtors need to renew their licenses every two years. Thanks to Florida Realtors committee pal Dan Lopez for coming to teach the Core Law, Code of Ethics, and Fair Housing classes. The Environmental Considerations of Coastal Living class taught by the Sanibel & Captiva Conservation Foundation (SCCF) included time at the Bailey Homestead, SCCF, and on the water with Captiva Cruises,

An Open Caravan Meeting is next week on September 10. Dr Thomas Millins, the new principal at the Sanibel School will be the guest speaker.

Other Island News

  • Sanibel Island Sunrise Sale is tomorrow Saturday September 5 from 7:09 a.m. to 5 p.m. The first sale like this a year ago was so well received, this 2nd event was encouraged. Nearly 50 local stores are participating and suggest shoppers wear their pj’s as some of the best deals will be early.
  • Field of Heros is set up in the Sanibel Community Park next door to the Community House. Since July 4th American flags were sponsor purchased to remember the 2,977 lives lost in NY, PA, and DC during the September 11 attacks, 25 years ago. Volunteers prepared and installed the flags They are arranged in alphabetical order by hero name with each flag tagged by name. The Field of Heroes is open daily through September 15. In addition to the display of flags, the City will host a special “Waves of Remembrance 9/11 Morning of Reflection” next Friday September 11 at 8 a.m. at the Community House.
  • Kangaroo Express was approved last week by Planning Commission for a permit for a convenience store at the former Chevron gas station location at the corner of Bailey Rd, 1015 Periwinkle Way. Redevelopment of the gas station is allowed as part of hurricane recovery. The permit authorizes renovation and remodeling of the existing 1,627 sq. ft. building, including a 340 sq. ft. addition, while keeping the character of 1950’s architecture.
  • New Sanibel Police Station will be built as the Lee County Board of Commissioners approved an agreement with the City to use a $15M federal grant to fund the project. The City hopes it will be completed in 2029.

Island Real Estate Scoop

Looking at the residential real estate activity posted in the SanCap MLS since last Friday, there have been five new residential sales: four Sanibel homes and a Captiva condo.

During the same time, there have been four new residential listings (three Sanibel condos and a Sanibel home), but no price changes.

Inventory is lower now than in many months but few buyers are on island now. Hopefully the Labor Day weekend will bring some.

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 107 898,892 287 95 1,696536, 187 49 1,374,090 367
Under contract 5 1,399,000 296 22 1,348,454 184 2 369,000 203
Sold to 9/3/26 92 829,614 190 177 1,525,972 148 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 25 1,648,596 269 27 5,734,407 325 4 10,662,500 509
Under contract 1 2,259,000 191 0 N/A N/A 0 N/A N/A
Sold to 9/3/26 28 986,482 121 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

The September/October 2026 issue of the Sanibel & Captiva Real Estate Guide is officially out. Mine has not come in the mail yet, but if you want to check it on line, find a digital copy at https://e.issuu.com/embed.html?d=september_2026_real_estate_guide&u=sanibelrealtors. Our ad is on page 25.

Sanibel & Captiva Islands Multiple Listing Service Activity August 28-September 4

Sanibel

CONDOS

3 new listings: Spanish Cay #B2 2/2 $510K, Pointe Santo #A2 2/2 $995K, Atrium #102 2/2 $1.45M.

No price changes or new sales.

1 closed sale: Loggerhead Cay #191 2/2 $790K.

HOMES

1 new listing: 9076 Mockingbird Dr 3/2 $1.095M.

No price changes.

4 new sales: 1206 Par View Dr 3/2 listed at $1.15M, 5243 Indian Ct 2/2 listed at $1.399M, 785 Birdie View Pt 3/2.5 listed at $1.595M, 1126 Harbour Cottage Ct 3/2 listed at $1.995M.

3 closed sales: 1105 Skiff Pl 4/3 $685K, 2499 Harbour Ln 3/3 $1.2M, 4775 Rue Helene 4/3 $1.28M.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Lands End Village #1602 3/3 listed at $2.259M.

2 closed sales: Gulf Beach Villas #2125 3/2 $710K, Beach Homes #6 3/3 $2.83M.

HOMES & 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 the long weekend,

Susan Andrews, aka SanibelSusan

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