Another Delightful Sunshiny Sanibel Friday

Following downpours and rolling waves last Saturday (the effects from Hurricane Isaias), island shelling this week has been great.

The forecast today shows 65% chance of more showers tomorrow, followed by what could be the first cold front of the season. Sunshine and 80+degree temps are expected during the days next week, but into the 60’s at night.

Rainy Season Is Over

When the rainy season (May 15 to Oct 15) ended yesterday a local weatherman reported that the worst Florida drought in 25 years improved 78% in the last five months. He also noted that even technically going into “dry season”, El Nino winters historically are wetter than average, which could further help the drought.

Sanibel & Captiva Islands Association of Realtors

The island Association of Realtors had another Open Caravan Meeting yesterday. Guest speaker was Appraiser Matt Simmons, Managing Partner with  Maxwell, Hendry & Simmons LLC. He spoke on the upcoming UAD 3.6 changes which are a complete redesign of the Uniform Appraisal Dataset, introducing a single dynamic report, replacing all legacy appraisal forms, requiring more granular property info and room-level inspection details, and shifting the industry from static forms to a data-driven reporting standard. On November 2, it becomes mandatory for new appraisals. (On the same subject, this morning Florida Realtors provided a zoom presentation for its Realtors.)

After the meeting two  Sanibel condos were open for easy viewing. There will be no Caravan next Thursday morning as the Association annual meeting is scheduled then. Open weekly Caravans resume on October 29.

Island Real Estate Scoop

A colleague reminded me this week that though real estate sales often pick up in October, in election years that uptick usually is delayed until after election results are reported. Still there was some activity this week.

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

During the same time, there ave been 14 new residential listings (10 Sanibel condos, three Sanibel homes, and a Captiva condos) and seven price changes.

Below with data from the island MS 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	123	917,327	251	101	1,723,995	180	49	1,205,886	351
Under contract	5	684,800	409	17	1,699,647	130	2	350,000	446
Sold to 10/16/26	100	853,300	187	198	1,497,876	153	14	1,509,571	286
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

 

CAPTIVA Residential	CONDOS			HOMES			LOTS
	#	Avg Price	DOM	#	Avg Price	DOM	#	Avg Price	DOM
For sale	30	1,684,563	195	27	5,663,074	367	3	12,333,333	619
Under contract	2	690,760	343	0	N/A	N/A	1	5,650,000	320
Sold to 10/16/26	31	975,190	118	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
Sold 2022	28	1,458,983	52	22	5,636,386	133	0	N/A	N/A

Sanibel & Captiva Islands Multiple Listing Service Activity October 9-16

Sanibel

CONDOS

10 new listings: Tennisplace #E33 2/1 $429K, Tennisplace #B32 2/1 $469K, Mariner Pointe #811 2/2 $475K, Sandalfoot #4B3 1/1 $700K, Loggerhead Cay #282 2/2 $798K, Sandalfoot #2A3 2/2 $800K, Sand Pointe #228 2/2 $925K,Heron at The Sanctuary 2-2B 3/3.5 $1.05M, Sanddollar #B203 3/2 $1.498M, Lantana #102 4/4 $2.949M.

1 back-on-market: Lighthouse Point #132 2/2 $475K.

2 price changes: Mariner Pointe #622 2/2.5 now $945K, Sedgemoor #106 3/3.5 now $4.7M.

2 new sales: Tennisplace #C31 2/1 listed at $465K, Lighthouse Point #214 3/2 listed at $614K.

No closed sales.

HOMES

3 new listings: 9436 Yucca Ct 3/2 $875K, 3312 Saint Kilda Rd 4/3 $1.395M, 431 Bella Vista Way 5/4 $3.45M.

2 back-on-market: 2548 Wulfert Rd 4/3.5 $1.095M, 710 Birdie View Pt 3/3.5 $1.695M.

3 price changes: 1625 Serenity Ln 3/2 now $767K, 5423 Shearwater Dr (1/2 duplex) 3/3 now $1.525M, 9066 Mockingbird Dr 3/4 $2.295M.

1 new sale: 1828 Buckthorn Ln 5/4.5 listed at $1.899M.

3 closed sales: 1314 Tahiti Dr 3/2 $535K,1901 Sanibel Bayous Rd 3/3 $1.41M, 6153 Starling Way 3/2 $1,420,500.

LOTS

No new listings or price changes.

1 new sale: 1653 Bunting Ln listed at $325K

No closed sales.

Captiva

CONDOS

1 new listing: Captiva Hide-A-Way 2/2 $1.275M.

2 price changes: Lands End Village #1659 2/2 now $1.049M, Beach Homes #27 5/4.5 now $4.9M.

1 new sale: Beach Villas #2623 1/1 listed at $570K.

2 closed sales: Captiva Resort Villas (fka Tennis Villas) 2/2 $479,400; Lands End #1635 2/2 $1.45M.

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 your weekend, Susan Andrews, aka SanibelSusan