A Few Hours Without Internet = More Time to Enjoy Sunshine

Sorry for the delay, just as I had this ready to go out at 2 p.m., Xfinity went out on the island. Got it back at 5 p.m.

We are wrapping another week of wonderful weather on sunny Sanibel. Temperatures dropped a tad yesterday after a little shower at sunset Wed night. It doesn’t get any better than the low to mid-70-degrees F in February. Appreciated by not just locals, but also the many island workers and visitors, more of the same is expected for the next week – and “yes”, we sometimes feel guilty when we hear from friends and family up north amid snow and freezing temps.

New private fishing pier at Mariner Pointe. Photo by JMA Photography.

There are plenty of vacancies for those wanting to also enjoy this weather, with more and more opening all the time.

Events & News

13th Annual “Ding” Darling & Doc Ford’s Tarpon Tournament – is coming up on May 9.

SCCF Christmas Bird Count – posted this week by the Conservation Foundation: “Christmas Bird Count results are in. 12,401 birds from 100 different species were recorded on Sanibel and Captiva as part of our local contribution to the National Audubon Society’s 125th Christmas Bird Count! In addition to being our highest count  total since 2020, this year had some highly unexpected sightings, including a burrowing owl on Captiva and a snow goose on Sanibel! Our three most frequently observed species were snowy egret, white ibis, and fish crow. Thanks to our 100+ volunteers and partners at the Sanibel-Captiva Audubon Society and J.N. “Ding” Darling National Wildlife Refuge who contributed to this important community science effort. Our data will be combined with other Christmas Bird Counts throughout the western hemisphere, furthering scientists’ understanding of the long-term health and status of bird populations.”

Taste of The Islands – CROW’s annual fundraiser is just days away – on March 1 on the grounds of Sanibel City Hall from 11 a.m. to 4 p.m. More info at TasteOfTheIslands.org. Tickets available on Eventbrite. Visit any of the participating restaurants beginning today (Feb 21 through Feb 28) to try their “featured item” and get a chance to vote early for your favorite restaurant. They include:

·        Boops by the Bubble Room Restaurant

·        Brgr Kitchen & Bar (at Sanibel Island Beach Resort)

·        Cielo

·        The Green Flash

·        Keyline Bistro

·        Lazy Flamingo

·        Lighthouse Café of Sanibel

·        Mud Bugs Cajun Kitchen

·        Rosalita’s Cantina Sanibel

·        Sanibel Deli

·        The Shack of Sanibel

·        Shima Japanese Steakhouse & Sushi Bar (at Sundial Beach Resort & Spa)

·        Sunshine Seafood Café & Wine Bar

·        Timbers Restaurant Home of the Sanibel Grill

·        Tutti Pazzi.
 

Sanibel & Captiva Islands Real Estate

Yesterday, at the islands Association of Realtors monthly Membership Meeting, guest speakers were Sanibel Fire Chief Kevin Barbot and Sanibel Police Chief Bill Dalton. Following the meeting, a Caravan of newly listed properties were open for viewing – 14 Sanibel homes and one Sanibel condo.

For years these caravan meetings were Thursday mornings at 8:30 a.m., changing from bi-weekly to weekly, usually in November, when the number of new listings increased. A maximum of 15 properties were allowed on Caravan and the locations alternated between East End and West End because of the additional travel time needed “in season”. That all changed following the hurricanes with meeting times changed to 11 a.m. due to heavy contractor traffic.

Our MLS Committee recently reviewed a member survey. As a result, Caravan meetings will be changing again to weekly and alternating between east and west (the dividing line is Rabbit Rd), but with the maximum number of properties being reduced from 15 to 10. Those changes are not only because of the many new listings, but to compensate for the traffic and encourage more attendance.

An East End Caravan is scheduled for next Thursday at 11 a.m. with Open House Caravan of new listings beginning at noon.

Below, with data from the MLS are summary tables of the island 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:

163

994,868

118

279

1,795,455

93

38

986,231

260

Under contract

15

873,700

68

26

1,740,405

71

2

1,647,000

62

Sold to 2/21/25

9

885,740

183

20

1,468,930

63

0

N/A

N/A

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:

45

1,140,499

175

31

6,221,841

130

3

9,916,666

196

Under contract

0

N/A

N/A

1

6,250,000

40

0

N/A

N/A

Sold to 2/21/25

0

N/A

N/A

1

910,000

86

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

With there being so few sales, some ask: what is selling? Below is a list of the closed island sales year-to-date including the 9 Sanibel condos and 20 homes, and the single home sale on Captiva. No lots have sold, nor any Captiva condos.

SANIBEL CONDOS CLOSED Jan 1 to Feb 21, 2025

Complex

#

Floor

View

Total Sq. Ft.

More Info

Price $

Captains Walk

A2

ground

yard

638

move-in ready, residential

250,000 unfurnished

Captains Walk

F2

ground

yard

980

all new including appliances, HVAC, residential

280,000 unfurnished

Blind Pass

C101

ground

yard

1,278

white box, on-site rentals

350,000 unfurnished

Sandalfoot

4D3

3

gulf

970

white box, on-site rentals

600,000 unfurnished

Pointe Santo

B25

2

gulf

1,450

renovated, rental history

849,000 furnished

Gulfside Place

209

2

gulf

1,962

updated, parking & storeroom below, residential

1,125,000 furnished

Tanglewood

5A

2

gulf-front

1,868

parking & storeroom below, weekly rentals

1,150,000 unfurnished

Seascape

302

2

gulf

3,206

3206 sq. ft. w/parking & storeroom below, residential

1,400,000 unfurnished

Sandpiper West

4

2

gulf-front

2,620

2620 sq. ft. w/parking below, residential

1,967,665 unfurnished

SANIBEL HOMES CLOSED Jan 1 to Feb 21, 2025

Community

Address

Location

Type

Total Sq. Ft.

More Info

Price $

Metes & bounds

812 Rabbit Rd

near beach, lake view

elevated

3,002

impact windows

625,000 unfurnished

Sanibel Highlands

490 & 460 Old Trail Rd

near beach

ground-level, concrete

4,198

caged pool, detached garage, impact windows

670,000 unfurnished

Sanibel Plnes

1950 Periwinkle Way

inland

½ duplex elevated

3,437

room for pool, impact windows, Hardi-board

679,600 furnished

Rocks West

3898 West Gulf Dr

across from gulf

ground-level CBS

2,698

down to studs, buyer mortgage

700,000 unfurnished

Del Sega

2604 Coconut Dr

across from Sunset Bay

A-frame w/garage

2,053

pool, Hardi-board siding, Trek deck, charming

725,000 unfurnished

Island Woods

1866 Farm Tr

inland

built 1998

2.834

community pool & tennis

748,000 furnished

Caloosa Shores

5297 Punta Caloosa Ct

deep-water access canal

ground-level CBS

1,740

caged pool, impact windows, solar, boat lift, some wall damage

804,000 furnished

Sanibel Estates

660 & 640 Periwinkle Way

near marina & beach

duplex

4,422

updated interiors, new HVAC, metal roof, buyer mortgage

830,000 unfurnished

Metes & bounds

706 Nerita St

near beach

elevated, pilings

4,217

caged heated pool, impact windows & doors, updated interior, new metal roof & HVAC

1,149,000 furnished

Sanibel Shores

761 Nerita St

near beach

elevated Key West style

3,610

caged pool, impact windows & doors, metal roof, buyer mortgage

1,215,000 furnished

Metes & Bounds

345 East Gulf Dr

near beach

elevated, pilings

5,966

caged heated pool, Hardi-board, buyer mortgage

1,270,000 unfurnished

Little Lake Murex

557 Lake Murex Cir

lakefront near beach

elevated, concrete

6,000

pool, 3-car garage, generator

1,350,000 furnished

Seagull Estates

229 Daniel Dr

near beach

elevated, pilings

5,223

community pool & tennis

1,375,000 furnished

Sanibel Shores

746 Nerita St

near beach

elevated

4,533

impact windows & doors, metal roof, Hardi-board, pool designed

1,550,000 furnished

Shell Harbor

803 Lindgren Blvd

canal across from beach

ground-level CBS

3,322

caged pool, all new, inside & out, boat dock

1,655,000 furnished

Whisperwood Cove

1052 Whisperwood Way

lakefront inland

ground-level CBS

6,994

1.23 acres, caged pool, 3-car garage EV charging, solar

1,950,000 furnished

Wilcox

2688 Coconut Dr

bayou

elevated

4,667

250’ waterfront. dock, elevated pool, solar power, impact windows & doors, EV charging

2,348,000 unfurnished

Shell Harbor

837 Sand Dollar Dr

canal near beach

elevated

7,419

caged pool, impact windows & doors, elevator, dock & boat lift

2,900,000 unfurnished

Gulf Ridge

5045 Joewood Dr

gulf-front

elevated pilings

5,130

elevator, impact windows, Hardi-board community amenities

3,450,000 furnished

Metes & bounds

6211 Starling Way

bayou

elevated

11,426

elevator, 3-car garage, deepwater access, boat house, dock, & lift,

3,475,000 unfurnished

CAPTIVA HOME CLOSED Jan 1 to Feb 21, 2025

Community

Address

Location

Type

Total Sq. Ft.

More Info

Price $

Captiva Beach

11527 Wightman Ln

near beach

ground level

1,706

damaged, but remediated

910,000 unfurnished

Sanibel & Captiva Islands Multiple Listing Service Activity Feb 14-21

Sanibel

CONDOS

7 new listings: Captains Walk #F7 2/1.5 $339K, Sanibel Arms #H2 1/1 $374,995;  Sunset South #7D 2/2 $599K (SanibelSusan listing), Lighthouse Point #211 2/2 $624K, Ibis at The Sanctuary #B302 2/2 $739K, Loggerhead Cay #452 2/2 $895K, Sundial #O206 2/2 $1.495M.

1 back-on-market: Lighthouse Point #223 3/2 $1.025M.

5 price changes: Blind Pass #F104 2/2 now $649K, Ibis at The Sanctuary #A302 2/2 now $795K, Oceans Reach #1A4 2/2 now $980K, Oceans Reach #3A3 2/2 now $999K, Compass Point #191 3/3 now $1.599M.

2 new sales: Loggerhead #264 2/2 listed at $925K, Sundial #O406 2/2 listed at $1.675M.

2 closed sales: Captains Walk #A2 1/1 $250K, Blind Pass #C101 2/2 $350K.

HOMES

10 new listings: 249 Christofer Ct 3/2 $1.095M, Moonshadows #1A 3/3 $1.199M, 800 Beach Rd 3/2 $1.45M, 1286 Par View Dr 3/3 $1.495M, 5855 San-Cap Rd 3/2 $1.5M, 5095 Joewood Dr 3/3.5 $2.15M, 5729 Baltusrol Ct 3/4.5 $2.495M, 4724 Rue Belle Mer 3/3 $2.548M, 970 Victoria Cove 3/3.5 $2.65M, 628 Lighthouse Way 4/5.5 $5.1M.

26 price changes: 586 Boulder Dr 3/2 now $550K, 4560 Brainard Bayou Rd 3/2 now $749K, 1526 Wilton Ln 4/2 now $799K, 1410 Sand Castle Rd 2/2 now $819K, 1674 Bunting Ln 3/2 now $849K, 3362 Barra Cir 2/2 now $949K, 1155 Seagrape Ln 4/2 (multi-family) now $979K, 1018 S Yachtsman Dr 3/3 now $999K, 555 Piedmont Rd 3/2 now $1.05M, 1048 Fish Crow Dr 3/3 now $1.099M, 971 Main St 3/2 now $1,124,900; 1965 Roseate Ln 3/2 now $1.125M, 220 Palm Lake Dr 3/3 now $1,159,999; 604 Sea Oats Dr 4/3 now $1.189M, 5300 Umbrella Pool Rd 3/3 now $1.225M, 9439 Cotten Ct 3/4.5 now $1.349M, 748 Windlass Way 3/3 now $1.395M, 4353 Gulf Pines Dr 3/2.5 now $1.65M, 829 Pyrula Ave 3/3 now $1.665M, 2364 Wulfert Rd 4/4 now $1,694,500; 2402 Wulfert Rd 4/3.5 now $1.695M, 6407 Pine Ave 3/2 now $1.899M, 659 Anchor Dr 3/4.5 now $2.895M, 766 Sand Dollar Dr 4/4.5.5 now $3,099,999; 3611 West Gulf Dr 4/4.5 now $6.75M, 3577 West Gulf Dr 4/4.5.5 now $9.7M.

5 new sales: 1258 Sand Castle Rd 2/2 listed at $645K, 1677 Sabal Sands Rd 3/2 listed at $799,555;  920 Snowberry Ln 3/3.5 listed at $1.295M, 1044 Whisperwood Way 4/4.5 listed at $1.9M, 1083 Bird Ln 4/2.5 listed at $4.595M.

5 closed sales: 1950 Periwinkle Way (1/2 duplex) 3/2 $679,600; 3898 West Gulf Dr 3/2 $700K, 1052 Whisperwood Way 3/3 $1.95M, 837 Sand Dollar Dr 4/3.5 $2.9M, 5045 Joewood Dr 3/3 $3.45M.

LOTS

No new listings.

1 price change: 711/713 Cardium St now $549.9K.

1 new sale: 466 East Gulf Dr listed at $795K.

No closed sales.

CAPTIVA

CONDOS

1 new listing: Bayside Villas #5124 1/2 $399K.

1 price change: Lands End Village #1655 2/2 now $1,189,456.

No new or closed sales.

HOMES

1 new listing: 16813 Captiva Dr 3/3 $3.5M.

2 price changes: 15899 Captiva Dr 4/3 now $5.95M, 16500 Captiva Dr 6/6.5 now $7.895M.

1 new sale: 16632 Captiva Dr 5/4 listed at $6.25M.

No 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 or participated in these transactions.

Enjoy your weekend,
Susan Andrews, aka SanibelSusan

Another Fabulous Friday on Sunny Sanibel Island

The good news is that the Sanibel and Captiva weather this week has been fabulous. That also resulted in more traffic, including on the shared use paths. With sunsets now not until after 6 p.m., the additional time to enjoy the sunshine, also brings more smiles. The islands need that!

 

Business & Reopening News

With the nice weather, it seems that restoration progress is speeding up. The islands need that too. Here are a few observations from this week:

Congress Jewelers – has been back in their former Periwinkle Place location for a few months but had their reopening ribbon-cutting yesterday. It has been positive to see more vehicles at Periwinkle Place as more businesses reopen there.

Doc Ford’s – on Sanibel has been a consistent dining favorite for years. I am giving them an extra shout-out this week as I think it is the first time I have been there three times in a five-day period. I easily enjoy their Southwestern Chicken Salad every visit, beginning back with it first was a weekly special when they were on Rabbit Rd. Yesterday, I met some long-time BIG ARTS Chorus pals there for a catch-up lunch. With the pandemic and hurricanes, and schedules often going in different directions, we are not all singing this winter, but it was special to share storm stories and reminisce about our singing gigs. Their upcoming event is a combined spring concert with the BIG ARTS Community Chorus and the Concert Band on Friday, Apr 4. Music includes Golden Oldies from the 1940’s through 1980’s with tickets already on sale.

Pine Cove – noticed today, another sign of progress is the new sign at their entrance.

Pointe Santo – began renting units Feb 1. They report that elevators are running in Bldgs A and E with the other buildings coming online soon. Their tennis/pickleball courts also are ready. Construction will be later this year on a new saltwater pool and spa, plus a poolside pavilion. Their new landscaping, shuffleboard, and BBQ areas also are expected to be done this year, while a new Association Office and kids programs are planned in 2026.

Sanibel Air & Electric – if like me, you were not able to get your AC to work after switching it out of heating mode, contact Sanibel Air & Electric. Their technicians said they often get calls because storm damage can take months to cause a problem. I got a new system after Ian and have it serviced through annual agreement, including just last month. This week when the air would not kick on, they found that the service disconnect box next to the compressor was filled with sand and rusty wires. If you have a similar need, try Sanibel Air and Electric. I have used and recommended them for decades. Always great service!

Sanibel Inn – welcomed their first guests back this week and I heard from some locals that their Tiki Bar also has reopened. During my drive-by today, I saw many workers adding new landscaping. That is a welcome sight on East Gulf Dr where Lindgren Blvd meets the beach.

Sundial Beach Resort & Spa – is advertising a limited-time offer for daycation passes (7 days a week) at two for one. Also, on Feb 1, the resort began renting units in their on-site program (nightly rentals). Some Sundial East owners enrolled in off-site programs have begun renting again too. Those have a weekly minimum. There are several ways to enjoy the resort including their newly-remodeled food and beverage offerings which are open to the public. Shima Japanese Steakhouse and Sushi Bar has been open for some time, while Captains Catch just opened yesterday (Feb 6). Turtle’s Tiki Bar on the beach also is open, while Beach Bites is expected to open Feb 13.

Sanibel & Captiva Islands Association of Realtors

Attendance was light at the Association of Realtors Caravan meeting yesterday. Traffic continues to be heavy, both coming on the island and on Periwinkle Way so perhaps that contributed as several attendees arrived late.

Most announcements were about new listings and price reductions. A new sale announced was off island. After the meeting, the Caravan of Open Houses itself was full – with a maximum is 15 properties. Those included 11 homes and two condos on Sanibel, plus two Captiva homes. The next Association meeting with Caravan is our monthly Membership Meeting on Thurs Feb 20.

This week, the Sanibel and Captiva Multiple Listing (MLS) hot sheets for residential property posted more new/back-on-market listings, and price changes – a total of 81, considerably more than the 57 reported last Friday, and surpassing even the whopping 70 reported the preceding week.

During the same seven days, nine new island sales were posted, all on Sanibel – four condos and five homes. Also since last Friday, four island closings were posted, two Sanibel condos and two Sanibel homes.

Though the islands have heavier traffic now, it looks like it could be a long time before the current inventory sells. Those buyers waiting for when the market is in their favor, should be purchasing now.

With commercial inventory, there were three new island listings this week. The former Lily & Co building at the corner of Tarpon Bay Rd and Island Inn Rd is on the market for $1.5M. Also, at 1551 Periwinkle Way, Traders building is for sale for $5.5M and Traders business for $1.2M.

Below, with data from the 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: 143 1,043,516 122 254 1,835,143 90 39 1,030,610 246
Under contract 19 830,710 83 27 1,817,996 63 0 N/A N/A
Sold to 2/7/25 5 969,333 171 13 1,284,153 68 0 N/A N/A
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: 45 1,209,168 167 30 6,430,700 122 3 9,916,666 182
Under contract 0 N/A N/A 0 N/A N/A 0 N/A N/A
Sold to 2/7/25 0 N/A N/A 1 910,100 86 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 Jan 1 – Feb 7

Sanibel

CONDOS

13 new listings: Tennisplace #C31 2/1 $519K, Spanish Cay #E4 2/2 $595K, Blind Pass #C207 2/2.5 $599K, Lighthouse Point #216 2/2 $777K, Loggerhead Cay #583 2/2 $879.5K, Loggerhead Cay #362 2/2 $883K; Pointe Santo #E21 2/2 $1.05M, Sanctuary Golf Villages #1-2 3/3 $1.175M, Sundial #O205 2/2 $1.295M, Sundial #L402 3/2 $1.35M, Beachcomber #B302 2/2 $1.595M, Tamarind #B302 3/2 $2.389M, Sedgemoor #106 3/3.5 $5.4M.

9 price changes: Captains Walk #C6 1/1 now $225K, Sandpebble #2E 2/2 now $544K, Spanish Cay #E3 2/2 now $559K, Spanish Cay #D5 2/2 now $566K, Mariner Pointe #1083 2/2 now $569.9K, Donax Village #19 2/2 now $649K,  Sanibel Moorings #632 2/2 now $699K, Sanibel Sunset #102 3/2 now $1.35M, High Tide #B101 3/2 now $2.395M.

4 new sales: Sundial #F105 1/1 listed at $499K, Loggerhead Cay #162 2/2 listed at $899K, Heron at The Sanctuary #1-1A 3/2.5 listed at $949K, Seascape #302 3/3.5 listed at $1.499M.

2 closed sales: Captains Walk #F2 2/1.5 $280K, Pointe Santo #B25 2/2 $849K.

HOMES

21 new listings: 974 Greenwood Ct S 3/2,5 $775K, 551 Sea Oats Dr 3/2 $799,555; 2126 Egret Cir 3/2 $839K, 1684 Bunting Ln 2/2 $850K, 996 Greenwood Ct N (1/2 duplex) 3/3 $950K, 3941 Coquina Dr 3/2 $987.5K, 9490 Peaceful Dr 3/3 $995K, 3314 St Kilda Rd 3/2 $1.1M, 1056 S Yachtsman Dr 3/2 $1.199M,  920 Snowberry Ln 3/3.5 $1.295M, 727 Periwinkle Way 3/3 $1.475M, 335 East Gulf Dr 3/2 $1.495M, 933 Whelk Dr 3/2 $1.525M, 1172 Kittiwake Cir 5/3 $1,649,555; 6076 Castaways Ln 3/2 $1.78M, 6101 Starling Way 4/3.5 $1.795M, 706  Gopher Walk Way 3/4 $1,995,706; 6407 Pine Ave 3/2 $1.99M, 6010 White Heron Ln 3/2.5 $2.025M, 3615 West Gulf Dr 4/4.5 $13.9M.

1 back on market: 2319 Wulfert Rd 4/4.5 listed at $3.247M.

28 price changes: 690 Purdy Dr 3/2 now $550K, 1657 Atlanta Plaza Dr 3/2 now $734K, 1607 Sand Castle Rd 3/2.5 now $775K, 1046 Sand Castle Rd 2/2 now $799K, 1978 Roseate Ln 3/2 now $845.8K, 2441 Shop Rd 4/3,5 now $899K, 887 Casa Ybel Rd (multi-family) 5/3 now $945,500; 421 Lake Murex Cir 3/2 now $999K, 1406 Causey Ct 3/2.5 now $1.095M, 4400 Gulf Pines Dr 3/3 now $1.275M, 2276 Wulfert Rd 4/5.5 now $1.3M,  5243 Indian Ct 2/2 now $1.349M, 592 Sea Oats Dr 3/2 now $1.349M, 3285 Twin Lakes Ln 3/2.5 now $1.368M, 1002 Kings Crown Dr 3/2 now $1.395M, 811 Birdie View Pt 3/2.5 now $1.399M, 946 Whelk Dr 3/2.5 now $1.449M, 799 Birdie View 3/3 now $1.499M, 2525 Lands End Pl 4/3 now $1.575M, 203 Daniel Dr 3/3 now $1.595M, 4546 Waters Edge Ln 4/3 $1.699M, 829 Pyrula Ave 3/3 now $1.7M, 6440 Pine Ave 3/3.5.5 now $1,849M, 1607 Angel Dr 3/2.5 now $1.899M, 6407 Pine Ave 3/2 now $1.99M, 519 Kinzie Island Ct 4/3.5 now $2.449M, 762 Sand Dollar Dr 4/4.5.5 now $3.249M, 880 Limpet Dr 4/3.5 now $3.299M 1083 Bird Ln 4/2.5.5 now $4.9M.

5 new sales: 969 Fish Crow Rd 3/2 listed at $595K, 4372 Gulf Pines Dr 3/2 listed at $823K, 1154 Harbor Cottage Ct (1/2 duplex) 3/2 listed at $1.25M, 815 Birdie View Pt 3/3 listed at $1.699M, 589 Kinzie Island Ct 4/3.5 listed at $2.489M.

2 closed sales: 229 Daniel Dr 4/3 $1.375M, 6211 Starling Way 4/4.5 $3.475M.

LOTS

No new listings.

1 price change: 1755 Jewel Box Dr now $1.25M.

No new or closed sales.

CAPTIVA

CONDOS

1 new listing: Bayside Villas #4216 1/2 $579K.

No price changes, new, or closed sales.

HOMES

5 new listings: 11535 Laika Ln 4/2.5.5 $1.995M, 15200 Captiva Dr 3/2 $2.049M, 16309 Captiva Dr 6/4.5 $5.35M, 15899 Captiva Dr 4/3 $6.25M, 16777 Captiva Dr 6/6.5 $9.45M.

1 price change: 15161 Captiva Dr 4/4.5 now $6.295M.

No new or closed sales.

LOTS

1 new listing: 15819 Captiva Dr $12M.

No price changes, new, or closed sales.

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 or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

Another Warm Sunny Friday on Sanibel Island

Hooray! The island winter weather this week has been warm and sunny, 70+degree F days. 60’s at night. Nice conditions for the many contractors still working outside and even better for the visitors here from colder areas. Forecasters say more of the same is expected next week.

During my travels yesterday, I spotted many white birds (ibis, heron, egret) on either side of the road at the culvert that goes under Bay Dr. It is not the first time since the hurricanes that I have seen a variety congregating there. Everyone including wildlife are adapting to landscape changes.

For beachgoers, the good news is that all Sanibel public beach parking lots are now open.

There have been plenty of vacant spots in the bayside lot at lighthouse beach, but usually just a handful on the gulf side.

On Captiva, the Turner Beach lot, just over the bridge remains closed.

IPicture taken at Lighthouse Beach bayside yesterday, 1/30/2025.)

Red Tide

Recent cold weather in Florida has kept red tide away. But lately SW Florida has had several health alerts issued for red tide along beaches. (Today the alert was at Bowman’s.) Meteorologists have been tracking the bloom for months.

According to Sanibel-Captiva Conservation Foundation (SCCF) Marine Lab Director Dr Eric Milbrandt, the bloom is quite large, extending from the lighthouse and central Sanibel almost down to Naples. It started near Tampa after Hurricane Milton and cold fronts have pushed it south.

Dr Milbrandt said, “This one is sort of in the medium development phase, where it is using nutrients that are coming off the coast and it is continuing to sustain itself.” Not only is runoff fueling the bloom, but waters in the Gulf soon will start to warm-up. “Red tide blooms that typically form in the fall, then can continue into the winter and spring months. If they continue into the summer, that is when they have become, in the past, sort of super blooms,” said Dr Milbrandt.

While a lot can happen between now and summer, it is something SCCF is watching. Given the bloom location and how the coastline is laid out, the effects of it may be felt if southerly winds get more common.

Restoration & Reopening News

Bailey Tract Reopens – The Bailey Tract on Tarpon Bay Rd has reopened after a four-week closure for trail enhancements to increase accessibility to the Mindfulness and Ani Pond trails. Renovations included resurfacing with fine rock and gravel and leveling/widening the trail.

The Bubble Room – posted Wed on social media: “A monumental day for The Bubble Room Restaurant: after 854 days we officially have permanent power! We are not ready to give an official opening date quite yet, but our timeline is between March 1st and April 31st. We appreciate everyone’s patience and enthusiasm for our reopening. Our staff and contractors are working tirelessly to reopen as soon as possible. Thank you for your continued support.”

News from Florida Realtors

Florida Realtors Mid-Winter Business Meetings are underway through Sunday in Orlando. I heard yesterday from pals serving on the day-long state Professional Development Committee Audition Panel evaluating prospective instructors.

Sanibel/Captiva CEO Bill Robinson & RPAC Committee Chair Dave Arter

Also, last night, the Sanibel & Captiva Islands Association took home four awards at the RPAC (Realtor Political Action Committee) Awards Ceremony: Triple Crown, Highest Percentage of Goal – Small Board, Highest Total Cash Raised – Small Board, and Highest Participation – Small Board. Congrats to all contributors!

The Sanibel and Captiva’s real estate market is so unique and specialized that state and national trends do not always directly apply, but it is important to stay aware of what is happening around us.

Earlier this afternoon, Florida Realtors Chief Economist Dr Brad O’Connor shared his insights into state economy and real estate. Here are some tidbits from his presentation:

Last year, Florida had the lowest number of closed single-family home sales since 2014. The number of sales was down 2% from 2023 which was the earlier low.

Condo/townhome sales were even weaker last year. It was the worst year since 2010.

“In some areas, like SW Florida where prices went up more than the rest of the state, when that changes, more buyers will come.”

He said, Florida housing demand was weaker in 2024 for several reasons:

  • Mortgage rates still elevated
  • Property insurance rates still elevated
  • Market disrupted by two major hurricanes
  • Domestic in-migration has slowed
  • International buyer demand still tepid
  • Job growth has slowed
  • Condo issues (insurability and reserve requirements)

Regarding the number of new listings in 2024, that number for single-family homes was up 9.5% from 2023, but got back to normal. For condos/townhomes, that number was highest. It is a buyers’ market in Florida for condos, that started even before the new state requirements.

Looking to the future, it is too soon to predict market changes resulting from the new administration. The Fed watches job and inflation rates, we should too. He said this also, “Even if everyone in the government loses their job, that only would reduce the budget by 4%.”

Sanibel & Captiva Islands Association of Realtors

Though the island Association of Realtors did not meet this week, I chatted with several about their showing activity, pricing, etc. Like me, they are optimistic that Feb and Mar will bring more buyers, but also recognize that it will take time for today’s inventory to move.

Many are surprised that prices are not dipping but agree that most listings are priced based on the competition, not on comparable closed prices – or some just agree to client-suggested prices. As the market stabilizes, more price reductions are expected.

The next island Caravan Meeting is Thurs Feb 6. This week, the Sanibel and Captiva Multiple Listing (MLS) hot sheets added more new/back-on-market listings, and price changes, a total of 57, somewhat fewer than the whopping 70 reported last Friday.

During the last seven days, 12 new island sales were posted, all on Sanibel – four condos and eight homes.

Also since last Friday, five island closings were recorded, two Sanibel condos, two Sanibel homes, and a Captiva home.

Below, with data from the 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: 134 1,019,092 127 242 1,986,298 94 40 1,039,720 234
Under contract 16 773,617 84 25 2,027,276 50 0 N/A N/A
Sold to 1/31/25 3 1,239,221 223 12 1,120,333 67 0 N/A N/A
Sold 2024 75 818,493 117 164 1,471,981 115 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 1,223,488 165 25 6,721,080 138 2 8,875,000 264
Under contract 0 N/A N/A 0 N/A N/A 0 N/A N/A
Sold to 1/31/25 0 N/A N/A 1 910,100 86 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 Jan 24-31:

Sanibel

CONDOS

7 new listings: Sanibel Siesta #105 2/2 $649K, Sanibel Arms West #M4 2/2 $749.5K, Lighthouse Point #231 2/2 $819.5K, Loggerhead Cay #162 2/2 $899K, Oceans Reach #4D1 2/2 $925K, Oceans Reach #3A3 $980K, Lighthouse Point #124 3/2 $1.499M.  .

5 price changes: Colonnades #1 1/1 now $289,078; Cottage Colony West #102 1/1 now $575K, Sanibel Moorings #342 2/2 now $699K, Nutmeg Village #211 2/2 now $939K, Heron at The Sanctuary #1-2B 3/3.5 now $1.249M.

4 new sales: Blind Pass #A106 2/2 listed at $435K, Cottage Colony West #139 1/1 listed at $575K, Oceans Reach #4C2 2/2 listed at $989K, Lighthouse Point #323 3/2 listed at $1.025M.

 HOMES

17 new listings: 1258 Sand Castle Rd 3/2 $645K, 1410 Sand Castle Rd 2/2 $899K, 686 Spartina Ct 3/2 $1.199M, 1052 Fish Crow Rd 3/3 $1.225M, 604 Sea Oats Dr 4/3 $1.249M, 2449 Harbour Ln 2/2 $1.5M, 1973 Wild Lime Dr 4/3 $1.55M, 544 Sea Oats Dr 4/4 $1.695M, 1159 Junonia St 3/3 $1.795M, 1731 Venus Dr 3/3 $2.395M, 1656 Hibiscus Dr 4/3.5 $2.695M, 985 Oyster Ct 5/4 $2.795M, 880 Limpet Dr 4/3.5 $3.229M, 1114 Seagrape Ln 3/2 $3.3M, 1004 Bayview Dr 5/4 $4.595M, 906 Snowberry Ln 4/4.5 $4.75M, 5270 Indian Ct 6/6.5 $5.995M.

18 price changes: 2105 Sunset Cir 3/2 now $649K, 4560 Brainard Bayou Rd 3/2 now $775K, 4372 Gulf Pines Dr 3/2 now $823K, 846 Farm Tr 3/2 now $849K, 5089 San-Cap Rd 3/2 now $898K, 1242 Par View Dr 3/2 now $949K, 1073 Sand Castle Rd 3/2 now $994.5K, 5300 Umbrella Pool Rd 3/3 now $1.247M, 218 Daniel Dr 3/2.5 now $1.295M, 3131 Twin Lakes Ln 3/2 now $1,399,999; 5422 Osprey Ct 3/2.5 now $1.427M, 1985 Wild Lime Dr 3/2 now $1.495M, 748 Windlass Way 3/2 now $1.495M, 2711 Wulfert Rd 4/4.5.5 now $1.699M, 2402 Wulfert Rd 4/3.5 now $1.795M, 5810 Pine Tree Dr 4/3 now $1,999,999; 1321 Eagle Run Dr 4/4.5 now $2.2M, 1290 Bay Dr 3/2 now $3.675M.

8 new sales: 1950 Periwinkle Way (1/2 duplex) 3/2 listed at $699.9K, 1550 Wilton Ln 3/2.5 listed at $899K, 284 Ferry Landing Dr 3/2.5 listed at $1.095M, 803 Lindgren Blvd 4/4.5 listed at $1.695M, 539 N Yachtsman 4/3.5 listed at $1.699M, 5250 Caloosa End Ln 3/2.5 listed at $1.849M, 1052 Whisperwood Way 3/3 listed at $2M, 2319 Wulfert Rd 4/4.5 listed at $3.247M.

2 closed sales: 660/664 Periwinkle Way (multi-family) 4/2.5.5 $830K, 1866 Farm Tr 3/2 $758K.

LOTS

2 new listings: 5398 Osprey Ct $430K, 4741 Tradewinds Dr $2.7M.

3 price changes: 355 Cowry Ct now $499K, 1340 Eagle Run now $539K, 4501 Waters Edge Ln now $2.499M.

No new or closed sales.

CAPTIVA

CONDOS

1 new listing: Captiva Hide-a-Way #1C 2/2 $1.475M.

2 price changes: Bayside Villas #5112 1/2 now $350K, Bayside Villas #5208 1/2 now $540K.

No new or closed sales.

HOMES

1 new listing: 11530 Chapin Ln 3/2 $2.15M.

1 price change: 15891 Captiva Dr 5/4.5 now $6.25M.

No new, or closed sales.

1 closed sale: 11527 Wightman Ln 3/2 $910K.

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 or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

Chilly Paradise With Lotsa Real Estate News

This probably is not the week to be boasting about Florida weather. Though we did not see freezing temperatures here, in many Florida Panhandle locations, not only were single-day and event snowfall records broken, but the state record also was broken. The system this week brought 8-9” of snow in Milton, FL. That more than doubles the 4” state record in 1954.

Here on Sanibel and Captiva, where we are used to balmy winters, anything under 60 degrees F can feel frigid. I chuckle about the comments received when wearing a jacket with flip flops. It’s the Sanibel way!

Yesterday, it was drizzly and didn’t get out of the 40’s, but it is warming up today with the sun out. Has already crept up to 60 but expected to be another cold morning tomorrow. (I haven’t seen any iguanas lately but got a kick of this image posted by Wink news.)

Starting Sunday, forecasters say it will be back into the 70’s right through next week. Hooray!

Sanibel & Captiva Islands Association of Realtors

The island Realtor Meeting yesterday was well attended and a full caravan (15 properties are allowed).

During announcements, members were asked to update their residential listings. A new Multiple Listing Service (MLS) field now is required and provides another search criteria. It identifies if a property is elevated (yes or no).

During the community discussion, I advised that the 2025 budget package for Sanibel Arms West is now posted with our listing, as well as details about the change in their on-site rental program condo commission (now 15.75%, which still is less than the traditional off-site programs at 20%).

After the meeting, 10 Sanibel homes, three Sanibel condos, and one Captiva condo were open for easy viewing. One condo was cancelled due to the weather.

The next Sanibel/Captiva Caravan meeting is Feb 6, but between now and then are the Florida Realtors Md-Winter Business Meetings in Orlando. I will be listening next Friday to their 14th Real Estate Trends presentation when Florida Realtors Chief Economist Dr Brad O’Connor will share his insights into where Florida’s economy and the real estate market are heading over the coming year.

At SanibelSusan Realty

Again, this week, teammate Dave and I met with more owners considering selling. It is not fun describing how the market has sifted in favor of buyers, but they appreciate our honesty.

I also again heard from Realtors wondering if we are getting showings at our ground-level listings. It still seems that many properties are not getting showings whether they are elevated or not. It seems unanimous that round-levels particularly are not being shown. Hopefully that improves as the islands get busier.

It also was a pleasure to refer several owners to businesses that have provided good service to us and our clients through the years. Getting thank-you calls and messages from those colleagues after contacts are made are further signs of their professionalism.

This week, we acknowledge and appreciate relationships with Amanda Curran at Superior Title, Carol McCarley at Noack & Co CPA’s, Attorney Gus Simmons, Rob Pailes with SBL Vacation Rentals, and Patience Rodriguez with Select Vacation Properties.

I also should mention a couple of companies with accomplishments this week at my home. John Grey Painting has done work for me for years, but who knew they would have a crew working through the weekend (Fri, Sat, and Sun). Then midweek, during the chill, a duo from Sliderman quickly removed and serviced my sliders, so they now work smoothly!

Please let us know if you also have service providers/vendors that you are happy with. We often are asked for recommendations, update our hand-out list periodically, and are always looking for additions.

Restoration News

Though restoration progress sometimes seems slow, it is always positive to hear about and see changes.

At the 2nd annual “State of the Islands” event this week hosted by the Chamber of Commerce and SCCF, it was announced that though the percentage of accommodations ready for occupancy still is low, it is expected to increase to 48% by April.

(Unfortunately, I also heard that one complex that has been open for many months, has only 30% of their available units booked now. Visitor traffic is way down.)

More new landscaping is going in at several complexes and new signage at others. Several are expected to reopen for rentals in Feb. while Sanibel Arms West hopes to partially open this weekend.

Beach renourishment also continues. It has been a steady stream of sand trucks on the East End and Middle Gulf Dr.

More Island Real Estate Scoop

Again, this week on Sanibel and Captiva, our MLS hot sheets included more new and back-on-market listings, and price changes, with a whopping 70 in total,

During the same seven days, there were seven new sales posted (five Sanibel condos and two homes).

Also, since last Friday, four island closings were recorded, three Sanibel homes, one on Captiva.

Below, with data from the islands 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: 131 1,019,059 124 232 1,950,651 96 38 1,020,494 239
Under contract 15 795,100 102 19 2,074,315 37 0 N/A N/A
Sold to 1/24/25 1 1,967,665 397 10 1,185,600 77 0 N/A N/A
Sold 2024 75 818,493 117 164 1,471,981 115 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 1,230,761 163 24 6,938,625 137 2 8,875,000 257
Under contract 0 N/A N/A 1 999,999 34 0 N/A N/A
Sold to 1/24/25 0 N/A N/A 1 910,100 86 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 Jan 17-24:

Sanibel

CONDOS

13 new listings: Sanibel Arms #A7 1/1 $420K, Tennisplace #B32 2/1 $449K, Captains Walk #D4 2/1 $469K, Spanish Cay #F7 1/1 $549K, Blind Pass #D201 2/2 $669.9K, Sanibel Arms West #L1 2/2 $749K, 2/2.5 $1.175M, Heron at The Sanctuary #1-2B 3/3.5 $1.275M, Nutmeg Village #309 2/2 $1.275M, Sanibel Surfside #111 2/2 $1.625M, Chelsea Place #2 4/4.5 $3.695M.

3 price changes: Sandalfoot #5B2 1/1 now $599K, Sanibel Moorings #1422 2/2 now $729K, Gulfside Place #108 2/2 now $1.599M.

5 new sales: Captains Walk #F2 2/1.5 listed at $315K, Captains Walk #A4 2/2 listed at $379K, Lighthouse Point #317 3/2 listed at $599K, Pointe Santo #B25 2/2 listed at $899K, Loggerhead Cay #142 2/2 listed at $987.5K.

No closed sales.

HOMES

21 new listings: 1651 Sand Castle Rd (1/2 duplex) 3/2.5 $715K, 455 Peachtree Rd 2/2 $855K, 9436 Sage Ct 3/2 $995K, 3362 Barra Cir 2/2 $999K, 555 Piedmont Rd 3/2 $1.075M, 1105 Sand Castle Rd 3/2 $1.095M, 284 Ferry Landing Dr 3/2.5 $1.095M, 4739 Rue Belle Mer 3/2.5 $1.150M, 1825 Middle Gulf Dr 3/2 $1.249M, 1154 Harbor Cottage Ct (1/2 duplex) 3/2 $1.25M, 1062 S Yachtsman Dr 4/3 $1.349M, 736 Durion Ct 3/3 $1.395M, 702 Pyrula Ave 3/2 $1.559M, 1250 Christofer Ct 4/3.5 $1.599M, 1441 Sand Castle Rd 3/2 $1.649M, 4353 Gulf Pines Dr 3/2.5 $1.75M, 6440 Pine Ave 3/3.5.5 $1.995M, 479 Lagoon Dr 3/3 $1.998M, 4166 Dingman Dr 4/4 $2.149M, 1543 San Carlos Bay Dr 5/4 $3.199M, 2319 Wulfert Rd 4/4.5 $3.247M.

1 back-on-market: 5243 Indian Ct 2/2 $1.689M.

22 price changes: 969 Fish Crow Rd 3/2 now $595K, 1806 Ibis Ln 3/2 now $699K, 1950 Periwinkle Way (1/2 duplex) 3/2 now $699.9K, 1636 Jamaica Dr 2/2 now $729K, 575 Hideaway Ct 3/2 now $849K, 235 Palm Lake Dr 2/2 now $874K, 1625 Serenity Ln 3/2 now $880K, 9003 Mockingbird Dr 5/4 $899.9K, 754-756 Donax St 4/2 now $995.5K, 1426 Sand Castle Rd 3/2 now $1,074,999; 1646 Middle Gulf Dr 3/3 now $1.149M, 3711 Agate Ct 3/2.5 now $1.394M, 592 Sea Oats Dr 3/2 now $1.399M, 1985 Wild Lime Dr 3/2 now $1.589M, 941 Pecten Ct 3/2 now $1.595M, 2450 Wulfert Rd 4/3 now $1.845M, 939 Beach Rd 4/3.5 now $1.95M, 1052 Whisperwood Way 3/3 now $2M, 2667 Coconut Dr 3/3 now $2.195M, 1044 Whisperwood Way 4/4.5 now $2.289M, 589 Kinzie Island Ct 4/3.5 now $2.489M, 1730 Jewel Box Dr 4/3 now $3.495M.

2 new sales: 485 Peachtree Rd 3/3 listed at $1.05M, 5045 Joewood Dr 3/3 listed at $3.995M.

3 closed sales: 812 Rabbit Rd 3/2 $625K, 746 Nerita St 4/2 $1.55M, 6153 Starling Way 3/2 $1.6M.

LOTS

1 new listing: 651 Donax St $569K.

1 price change: 2453 Wulfert Rd now $450K.

No new or closed sales.

CAPTIVA

CONDOS

3 new listings: Tennis Villas #3221 1/1 $414.5K, Bayside Villas #4112 1/2 $579K, Gulf Beach Villas #2121 3/3 $1.475M.

No price changes, new or closed sales.

HOMES

2 new listings: 11547 Laika Ln 4/4 $2.995M, 16950 Captiva Dr 7/7 $23M.

1 price change: 15155 Wiles Dr 3/2 now $2.249M.

No new sales.

1 closed sale: 11527 Wightman Ln 3/2 $910K.

LOTS

1 new listing: 16970 Captiva Dr $5.75M.

No price changes, new, or closed sales.

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 or participated in these transactions.

Enjoy your weekend & come to Sanibel & Captiva to get warm,

Susan Andrews aka SanibelSusan

Has Been a Tad Chilly on Sunny Sanibel & Captiva

Happy Friday! The “Jan/Feb 2025 Sanibel & Captiva Islands Real Estate Guide” comes out today. Our ad is above. If you’d like to see the full document, here’s a link to it on-line:  https://www.sanibelrealtors.com/real-estate-guide

Island Weather

The novelty of wearing jackets and sweaters is over with the lowest temperature at my home registered both Wed and Thurs mornings at 45 degrees F. Warmed up to 47 degrees this morning.

Even so, there have been plenty of bikers and joggers in shorts with daytime temps into the breezy 60’s/low 70’s some days. Most local and visitors are thankful to be here, away from the more serious cold/white stuff up north and the terrible fire devastation in CA.

The forecast for next week is much the same as this, with most days not expected to be out of the 60’s, but with blue skies and sunshine still generating smiles.

Final Paving of Causeway

A Wed notice from Sanibel City Manager said, “Final paving of Sanibel Causeway begins tonight, Jan 8.” With details provided by the FL Dept of Transportation it continued to say that the work includes the causeway islands and bridge approaches. “Motorists should expect one lane of travel with a flagging operation during the overnight hours of 7 p.m. to 6 a.m. This work is anticipated to occur during these nighttime overnight hours through the end of January.”

My Travel Across Causeway Yesterday

I had a quick errand in Ft Myers after our Realtor Caravan Meeting yesterday. The drive turned out to not be too quick. At noon, going from the Assoc of Realtors building to the toll booth took 55 minutes (usually 15). But no workers or holdups were noticed anywhere, just continued stop-and-go traffic. Maybe that was during a worker lunch break as when I returned about 30 minutes later, there was a flagger on the Sanibel side of the toll booth and heavy equipment on the causeway with concrete side barriers being moved. Traffic was moving OK in both directions, but the City later posted a “heavy traffic advisory” for the rest of the day and evening, saying it was due to FDOT crews completing underground causeway inspections. More restoration progress!

Sanibel Natural Resources Dept Updates

Blind Pass – Also on Wed, Jan 8, the City provided an update on some post-Milton recovery efforts. Following that storm, the City’s disaster contractor Crowder Gulf removed sand from the roadway that was impacting access to/from Captiva. They have screened and stockpiled 3 to 4 thousand cubic yards of sand at Turner Beach. Now Crowder-Gulf will be removing additional sand from the right of way and returning the clean screened sand back on northern Sanibel beaches to restore critically eroded areas adjacent to the road protection wall. That work has begun and is expected to take about a week, but no lane closures are expected. Flaggers will direct traffic as equipment and sand are moved across the roadway.

Lighthouse Beach – Phase II of the City’s beach renourishment project at Lighthouse Beach resumed this week, after a holiday break. Crews will continue to place the remaining 105K tons of sand on the bayside of Lighthouse Beach Park to strengthen the beach coastline and protect the Sanibel Lighthouse. Work should be completed by mid-Feb. Both bayside parking lots are closed while the remainder of this sand is moved, but the gulf-side parking lot is open. Crews will temporarily close portions of the beach to the public while placing sand. (That work is being accomplished Mon-Fri from 6 a.m. to 6 p.m.)

Sanibel & Captiva Islands Real Estate News

At the Sanibel & Captiva Islands Association of Realtors first Caravan Meeting of the year yesterday, there was chatter about the judge’s decision this week to deny the motion for the summary judgement filed and argued by Lee County and South Seas Resort. That essentially means that the total number of units at South Seas Resort remains and cannot exceed 912, or at least the county will not issue permits for more than that number. (That’s probably not the end of this issue though, some think South Seas may now apply for a zoning change to allow building higher. Stay tuned.)

We also heard that South Seas has sent existing owners notices of cancellation of their previous rental agreements. They are offering new agreements to owners who sign-up quickly, with an incentive of not requiring the $50K initial resort membership fee. The annual price to then use the resort amenities has yet to be clarified, proving again that it always pays to do your homework when signing contracts. We can help with that.

The other continued topic of conversation among colleagues was the volume of inquiries many are getting from owners looking to list. One long-timer said, “We need to start getting tough with these sellers. Many don’t recognize how much the market has changed.”

When our members get together, it also is a popular Realtor topic to ask each other about how many buyer inquiries and showings their listings are getting. Many are getting none – and have never seen a market like this. We agree and understand that frustration. Attracting potential purchasers often requires attracting their Realtor. (One listing agent recently emailed about a commission increase (to a level not seen here in many years). Another has copied that, as I received another notice this morning about a new listing offering the same.)

A pal also got them said “If we don’t have buyers, it doesn’t matter how much sellers are willing to pay us. Besides, we are obligated to introduce buyers to all the listings that match their requirements.”

During the Caravan Meeting, just one sale was announced, but there were many new listings and price reductions. Following the meeting,13 Sanibel homes and a condo were open for easy viewing. Next Wed is the Association 2025 Installation/2024 Awards Banquet. The next Caravan is in two weeks, on Thurs Jan 23.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by all the Sanibel/Captiva MLS action reported this week.

Again, this week, there were no Captiva sales, but on Sanibel five homes and one condo went under contract. Those compare to a whopping 30 new and back-on-market listings and 22 price changes.

My crystal ball says the Florida real estate market will start to stabilize this year. From the recession to the pandemic to hurricanes, to real estate rules changing nationally, there have been so many ups and downs that it will be positive to see stabilization. With election uncertainty over, many are feeling better economically, as that further improves and the islands continue to bounce back, more sales should follow. Fingers crossed (just in case).

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

123

992,048

131

202

2,036,454

98

35

983,565

245

Under contract

5

938,800

105

17

1,727,411

62

0

N/A

N/A

Sold to 1/10/25

1

1,967,665

397

5

1,132,400

37

0

N/A

N/A

Sold 2024

75

818,493

117

164

1,471,981

115

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:

38

1,288,815

174

21

6,025,095

157

1

12M

498

Under contract

0

N/A

N/A

1

999,999

34

0

N/A

N/A

Sold to 1/10/25

0

N/A

N/A

0

N/A

N/A

0

N/A

N/A

Sold 2024

13

1,728,846

185

8

4,887,187

182

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 Jan 3-10:

Sanibel

CONDOS

7 new listings: Sundial #F105 1/1 $499K, Sandpiper Beach #505 2/2 $750K, Oceans Reach #2B2 1/1 $789K, Oceans Reach #4C2 2/2 $989K, Sealoft Village #105 2/2 $995K, Lighthouse Point #323 3/2 $1.025M, Beachcomber #D201 3/2 $1.125M.

1 back-on-market: Somerset #D201 3/2.5 $1.725M.

3 price changes: Captains Walk #A2 1/1 now $250K, Tantara #202 2/2 now $895K, Nutmeg Village #211 2/2 now $990K.

1 new sale: Tanglewood #5A 3/2 listed at $1.149M.

1 closed sale: Sandpiper West #4 3/2.5 $1,967,655.

HOMES

12 new listings: 1315 Par View Dr 3/2 $999K, 1925 Roseate Ln 2/2 $999,900; 971 Main St 3/2 $1.149M, 1113 Sand Castle Rd 3/2 $1.149M, 4619 Rue Bayou 3/2 $1.195M, 3131 Twin Lakes Ln 3/2 $1,419,999; 640 Periwinkle Way 3/2 $1.449M, 3711 Agate Ct 3/2.5 $1.449M, 5243 Indian Ct 2/2 $1.689M, 930 Kings Crown Dr 4/3 $2.4M, 1730 Jewel Box Dr 4/3 $3.8M, 3611 West Gulf Dr 4/4.5 $6.995M.

3 back-on-market: 220 Palm Lake Dr 3/3 $1,199,999; 978 Oyster Ct 4/4 $2.749M, 4513 Waters Edge Ln 3/2.5 $5.45M.

13 price changes: 209 Robinwood Cir 3/2 now $629K, 1322 Sand Castle Dr 3/2 now $699K, 2105 Sunset Cir 3/2 now $699K, 1846 Farm Trail 3/2 now $875K, 588 Hideaway Ct 3/2 now $890K, 1677 Sabal Sands Rd 3/2 now $895K, 9247 Dimmick Dr 3/2 now $949K, 560 Boulder Dr 3/2 now $995K, 1048 Fish Crow Rd 3/2 now $1.199M, 5300 Umbrella Pool 3/3 now $1.325M, 1311 Par View Dr 3/3 now $1.35M, 1310 Par View Dr 3/3 now $1.45M, 1985 Wild Lime Dr 3/2 now $1.689M.

5 new sales: 3898 West Gulf Dr 3/2 listed at $795K, 557 Lake Murex Cir 3/2.5 listed at $1.44M, 746 Nerita St 4/2 listed at $1.595M, 1870 Woodring Rd 3/3.5 listed at $2.498M, 2960 Wulfert Rd 5/5.5 listed at $2.989M.

4 closed sales: 490 & 460 Old Trail Rd 3/3 $570K, 2604 Coconut Dr 3/2 $725K, 761 Nerita St 3/2 $1.215M, 2688 Coconut Dr 3/2 $2.348M.

LOTS

2 new listings; 1377 Jamaica Dr $425K, 460 Sawgrass Pl $925K.

1 back-on-market: 2807 West Gulf Dr $819K.

No price changes, new or closed sales.

CAPTIVA

CONDOS

No new listings.

1 back-on-market: Lands End Village #1650 3/3 $2.399M.

3 price changes: Tennis Villas #3135 1/1 now $429K, Tennis Villas #3132 2/2 now $699K, Gulf Beach Villas #2011 1/1 now $710K.

No new or closed sales.

HOMES

2 new listings: 15161 Captiva Dr 4/4.5 $6.495M, 16500 Captiva Dr 6/6.5 $8.495M.

1 back-on-market: 16632 Captiva Dr 5/4 $6.25M.

3 price changes: 58 Sandpiper Ct 3/2 now $1.525M, 11550 Paige Ct 5l5.5.5 now $6.5M, 16979 Captiva Dr 7/7.5 now $7.5M.

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 or participated in these transactions.

 Enjoy your weekend, Susan Andrews, aka SanibelSusan

Looking Forward to Christmas on Sunny Sanibel

 

As the islands prepare for Christmas, it has been surprising that visitor traffic has not picked up. Contractor vehicles continue with morning back-ups coming on island and when departing starting mid-afternoons. Many trucks also have been delivering sand to Lighthouse Beach during the workday, but that project may be finishing soon.

On the causeway islands, it was a change this week to see many of the concrete construction barricades lining the roadway being moved. Those areas still are under construction and not accessible, but newly installed wooden stakes and grass edging now give a glimpse of how those islands may look eventually.

Today, there was further roadway construction progress heading off the island with both lanes now open, beginning just past the mudflats.

Weatherwise, looking ahead to Christmas, next week daytime temperatures here are forecast to be mid- to high-70’s (degrees F) with plenty of blue skies and sunshine. Great weather for those here to escape snow/ice. Maybe tomorrow, Saturday check-ins will bring more families vacationing. Their business is needed and appreciated.

Upcoming Island Events

BIG ARTS Holiday Family Film – This free event to see the movie “The Polar Express” in the BIG ARTS Christensen Performance Hall is Monday, Dec 23 at 6:30 p.m. For tickets, visit https://bigarts.org/event/the-polar-express-2024/.

Captiva Chapel by the Sea – The chapel itself is not open, but a Christmas Eve service will be held outside at 6 p.m. with holiday music beginning at 5:30.

South Seas Holiday Stroll – is this weekend, Dec 20 & 21 (Friday and Saturday) from 6 to 8 p.m. at the Shops at South Seas, 14830 Captiva Dr, with live music/entertainment, arts and crafts, and more.

Sanibel & Captiva Islands Real Estate Scoop

At the Sanibel & Captiva Islands Association of Realtors last 2024 membership meeting yesterday, guest speaker John Lai from the islands Chamber of Commerce provided updates on recovery, tourism, accommodations, and island promotion.

He said the Chamber website gets over 2M visitors annually and now is focusing on what returning visitors can “expect” when they come back. His slide said, “It’s Not Perfect, But Still Paradise!”

Today, 31% of pre-Ian accommodations are available. That number was up to 36% before Helene. It had been down to 17%. By Feb, he expects that number may be up to 46%, with Sundial, Oceans Reach, Sanibel Inn, and Shell Island scheduled to reopen.

With Easter being late this year and winter weather up north drawing visitors south, the Chamber has new advertising beginning in January in areas where it snows hard (New England, Midwest, internationally, etc.).
Those ads will include a scan link to Wandermap which the Chamber has found to be a successful tool for visitors looking to find what is open. The map app already has had 167K downloads. It provides details on what accommodations, restaurants, shops, and recreation are open, including their website links, hours of operation, and directions. It also provides info back to the Chamber on where these visitors come from and what/where they visit here.
Looking to 2025, John encouraged attendees to register for the Chamber’s upcoming State of the Islands breakfast event which will be Jan 22 at the Mariott Sanibel Harbor Resort and Spa. With a variety of speakers, it will highlight the Economic Outlook. This is the second year for this event. Next year, it will be back on island.

John also encouraged posting Sanibel anniversary events on the Chamber calendar at 50YearsOfSanibel.com. He then fielded a few questions before wrapping up.

During the Caravan Meeting that followed, mostly new listings and price reductions were announced. The standard agenda for these meetings includes new sales, new listings, price reductions, buyer wants, and changes to resource documents (fee changes, etc.). When “buyer wants” were requested, many attendees hollered out “we want buyers”. The Tour after the meeting had five homes open for easy viewing.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week.

Again, it was a slow week for both showings and sales. On Sanibel, there were no condo or lot sales, and no sales at all on Captiva. Four Sanibel homes went under contract, all relatively new listings. Note in the table below that the Sanibel homes that are under contract average just 17 days on the market. It has been the unique well-priced properties that have gone under contract quickly. Even so, 100 fewer Sanibel homes have sold/closed this year compared to last.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

110

969,558

134

175

2,015,247

101

31

1,022,445

254

Under contract

6

1,268,800

152

13

1,370,884

17

0

N/A

N/A

Sold to 12/20/24

74

818,203

118

163

1,476,319

115

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:

35

1,182,742

163

20

6,882,650

258

1

12M

477

Under contract

0

N/A

N/A

2

5,499,999

40

0

N/A

N/A

Sold to 12/20/24

13

1,728,846

185

7

4,203,214

185

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 13-20:

Sanibel

CONDOS

5 new listings: Sundial #C307 1/1 $575K, Kings Crown #308 2/2 $849K, Sanibel Moorings #1541 3/2 $859K, Gulfside Place #108 2/2 $1.625M, Sundial #O406 2/2 $1.675M.

3 back-on-market: Sanibel Moorings #1422 2/2 $749K, Sanibel Moorings #121 2/2 $929K, Gulfside Place #209 2/2 $1.195M.

2 price changes: Coquina Beach #4B 2/2 now $699K, Kings Crown #217 2/2 now $1.599M.

No new sales.

3 closed sales: Sandalfoot #1C2 2/2 $780K, Loggerhead Cay #472 2/2 $855K, Compass Point #122 3/2 $1.25M.

HOMES

12 new listings: 690 Purdy Dr 3/2 $599K, 1549 Wilton Ln 3/2 $629K, 1950 Periwinkle Way (1/2 duplex) 3/2 $749.9K, 4452 Gulf Pines Dr 3/2 $799K, 1526 Wilton Ln 4/2 $850K, 1978 Roseate Ln 3/2 $899.5K, 589 Rabbit Rd 2/2 $924K, 1660 Bunting Ln 4/3.5 $1.4M, 1266-68 Par View Dr 4/4 $2.695M, 4318 West Gulf Dr 3/4.5 $2.995M, 659 Anchor Dr 3/4.5 $2.997M, 4513 Waters Edge Ln 3/2.5 $5.45M.

4 back-on-market: 5089 San-Cap Rd 3/2 $950K, 557 Lake Murex Cir 3/2.5 $1.44M, 979 Whelk Dr 3/3 $1.849M, 2287 Starfish Ln 4/4 $2,489,900.

3 price changes: 586 Boulder Dr 3/2 now $565K, 4546 Buck Key Rd 4/2 now $949K, 1311 Par View Dr 3/2 now $1.375M.

4 new sales: 490 & 460 Old Trail Rd 3/3 listed at $638.5K, 660/664 Periwinkle Way (duplex) 4/2.5.5 listed at $869K, 706 Nerita St 3/2.5 listed at $1.195M, 6211 Starling Way 4/4.5 listed at $3.75M.

2 closed sales: 248 Christofer Ct 2/2.5 $895K, 819 Birdie View Pt 3/2.5 $1.595M.

LOTS

1 new listing: 1729 Jewel Box Dr $1.295M.

1 price change: 1801 Olde Middle Gulf Dr now $6.5M.

No new or closed sales.

CAPTIVA

CONDOS, 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 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 or participated in these transactions.

Best wishes for a Merry Christmas!

Susan Andrews, aka SanibelSusan

Happy Lucky Friday the 13th from Sunny Sanibel

After a quick shower Wednesday, a breezy cool front arrived on the islands with temperatures dipping into the low 40’s (degrees F) Thursday morning. Thankfully, it warmed up today, so that chill was short lived.

Last Friday, Sanibel Luminary was a big success. Islanders were thrilled to have this annual event return after missing it the last two years. The weather was delightful. Many businesses and organizations went all out with decorations, music, festivities, food, family activities, sales, and more. Kudos also to Kiwanis members who handled distributing the luminary bags. They were out early and plentiful, lining the Periwinkle shared-use paths from Tarpon Bay Rd to the East End shops.

On Saturday morning, the F.I.S.H. Jog N Jam reported a record number of runners. I saw a few local Realtors were in the 5K including Kerri Maw, Mary Bondurant, Joel Goodman, and Kelly Huguenin. The later evening beach concert and fireworks on Captiva at Tween Waters also were well attended and another win.

Congratulations to the many supporters and volunteers that made these events possible. As community spirit here thrives and grows, these were more steps in returning to normalcy.

Upcoming Island Events

Holiday Movie Night on the Lawn – tonight, Friday, Dec 13 from 5:30 to 8 p.m. on the grounds of the Sanibel School. Hosted by the school PTA, it is free and open to the public, featuring a showing of “Arthur Christmas”, along with food truck offerings and concessions. Bring your own chairs/blankets. The movie begins at 6 p.m.

Special Island-Wide Roadside Cleanup – tomorrow, Saturday, Dec 14 from 9 to 11 a.m. the Sanibel-Captiva Conservation Foundation’s Coastal Watch in partnership with the City of Sanibel has organized an event, as part of Sanibel’s 50th Anniversary Celebration. Participants will work in designated areas focusing on clearing debris from roadways, conservation land adjacent to roadways, and right-of-way areas.

Arts & Crafts Fair – Sunday, Dec 15 from 9 a.m. to 2 p.m. at the Sanibel Community House. Free admission and parking.

Expanded Holiday Hours at Tarpon Bay Explorers – The Refuge concession at Tarpon Bay will be open every day from Friday, Dec 20, until Saturday, Jan 4. Kayak tours will be available throughout the day (times vary according to tides). Tram tours will run Tuesdays, Thursdays, and Saturdays at 10 a.m. and 1 p.m. For those that like exploring on their own, bike rentals also are available.

Guided Native Vegetation & Landscaping Tours – at Sanibel City Hall resumed this month. Though City Hall grounds were damaged from Ian and recent storms, its ongoing garden recovery provides an opportunity to view groundcover, shrubs, and trees that require little maintenance and are well adapted to Sanibel’s unique environmental conditions. Scheduled through the end of April, these walking tours begin at 9 a.m. in front of the main entrance to City Hall. Registration is not required. The next ones are Saturday. Dec 28, and Wednesday, Jan 8.

Sanibel & Captiva Islands Association of Realtors

Superior Title of Sanibel team, Chelsea, Amanda, & Dustyn

There was no Realtor Caravan Meeting this week, but Tuesday, Superior Title of Sanibel hosted a “Lunch & Learn” at the Association Office where Old Republic Title provided a 2-hour continuing-education class on “Fraud and Scams Affecting Real Estate Transactions”. The event was delayed 30 minutes by an accident on the causeway that backed up on-coming island traffic for miles. The delay provided more  networking time for the early birds. Well attended by both sales associates and brokers, there was commiseration about the shortage of buyers, showings, and sales. But there was optimism that the market would improve as the islands further recover, accommodations become available, and visitors come back.

One important class take-away is for us to remind buyers and sellers that SanibelSusan Realtors will never provide wiring instructions. Those always come from the title company. Superior Title of Sanibel holds our escrow deposits. We have a long successful relationship with them.

So, if you ever receive an email about a change in wiring instructions, talk to the title company personally, before sending any money. Be aware that title companies rarely, if ever, change their wiring instructions.

Anther tidbit: Did you know that today most of the crooks successfully stealing proceeds from fraudulent transactions are in Nigeria and the money is funneled to terrorists? It totals billions of dollars a year.

We all can always be more careful when responding to emails, texts, and calls. With AI, any email may be polished to appear “real”. Always be on the lookout for red flags in any unexpected correspondence.

More Island Real Estate Scoop

Our next Association of Realtors Caravan will be after the last membership meeting of the year, next Thursday, Dec 19. Guest speaker will be John Lai, President and CEO of the Sanibel & Captiva Islands Chamber of Commerce will update members on tourism and accommodations. To add to the holiday fun, the meeting also will feature our annual Ugly Christmas Sweater contest.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week.

Again, this week, there were more new listings and price reductions than sales, but it was good to see a few sales. No sales on Captiva, and no condo or lot sales on Sanibel, but seven Sanibel homes have gone under contract since last Friday – a huge improvement over last week.

On the commercial side, the former gas station at 1067 Bailey Rd on the corner of Periwinkle, near the 4-way stop is again under contract (third time). The asking price is $2.5M.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 102 951,916 137 163 2,034,405 101 30 1,029,993 256
Under contract 7 1,144,857 110 11 1,268,909 16 0 N/A N/A
Sold to 12/13/24 71 878,446 122 161 1,479,192 116 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: 35 1,182,742 156 20 6,882,650 251 1 12M 470
Under contract 0 N/A N/A 2 5,499,999 40 0 N/A N/A
Sold to 12/13/24 13 1,728,846 185 7 4,203,214 185 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 6-13:

Sanibel

CONDOS

2 new listings: Blind Pass #A106 2/2 $435K, Sanctuary Heron #III-3A 3/2.5 $1.35M.

1 back-on-market: Sanibel Moorings #1112 2/2 $949K.

1 price change: Donax Village #19 2/2 now $589K.

No new sales.

1 closed sale: Sanibel Siesta #804 2/2 $736K.

HOMES

9 new listings: 2115 Sunset Cir 3/2 $625K, 1657 Atlanta Plaza Dr 3/2 $749K, 660/664 Periwinkle Way (duplex) 4/2.5.5 $869K, 662 Donax St 2/2.5 $995K, 575 Hideaway Ct 3/2 $999K, 706 Nerita St 3/2.5 $1.195M, 799 Birdie View Pt 3/3 $1.649M, 5753 Pine Tree Dr 3/4 $1.695M, 1290 Bay Dr 3/2 $3.85M.

2 back-on-market: 9226 Kincaid Ct 3/2 $879.9K, 2960 Wulfert Rd 5/5.5 $2.989M.

7 price changes: 2105 Sunset Cir 3/2 now $744K, 4660 Brainard Bayou Rd 3/2 now $895K, 2441 Shop Rd 4/3.5 now $929K, 1018 S Yachtsman Dr 3/3 now $1.079M, 1646 Middle Gulf Dr 3/3 now $1.195M, 4752 Rue Helene 2/2 now $1.25M, 811 Birdie View Pt 3/2.5 now $1.595M.

7 new sales: 567 Rabbit Rd 2/2 listed at $798K, 2604 Coconut Dr 3/2 listed at $800K, 761 Nerita St 3/2 listed at $1.179M, 345 East Gulf Dr 3/2.5 listed at $1.399M, 862 Beach Rd 3/2 listed at $1.449M, 229 Daniel Dr 4/3 listed at $1.45M, 2688 Coconut Dr 3/2 listed at $2.395M.

No closed sales.

LOTS

No new listings, price changes, or new sales.

1 closed sale: 4657 Rue Belle Mer $3.05M.

CAPTIVA

CONDOS

Nothing to report.

HOMES

2 new listings: 11523 Andy Rosse Ln 5/6.5 $5.2M, 944 South Seas Plantation Rd 3/3 $5.95M.

2 price changes: 11505 Gore Ln 6/6 now $3.795M, 16512 Captiva Dr 7/5.5 now $9.45M.

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 or participated in these transactions.

I hope you Friday the 13th was lucky & that you enjoy your weekend,

Susan Andrews, aka SanibelSusan

Post Thanksgiving 2024 on Sunny Sanibel Island

It was a quiet but sunny Thanksgiving week on Sanibel with daytime temperatures mostly in the low to mid-70 degrees F, My car registered 79 mid-day both yesterday and today when traveling the Gulf Drives. I also noticed more bikers than vehicles on the roadways. There still are very few gulf-front properties ready for occupancy so the islands continue to be very quiet except when contractors are working. The one building the home next door to me, even worked yesterday.

Today I snapped a couple of pix at the pond (former site of By-the-Sea condos) when I spotted a roseate spoonbill amid a huge flock of white birds. A little unusual to see one there.

Roseate spoonbill at far right.

Rpseate spoonbill near middle

SanibelSusan News

On the home-front, though it continues to be a relief to be back living in mine, my hot water heater quit last weekend. Seems that even those can be hurricane casualties. This year may be a test to see how many challenges one can overcome. After two storms, losing my car, electric meter and appliances at home, replacing a hot water heater is easy. Aztec Plumbing came to my rescue and a new one was installed quickly. Don’t ask the price.

That hiccup meant I wasn’t prepared to cook Thanksgiving dinner so out we went. Though it was a nice treat not to spend hours preparing the meal, when my dinner plate arrived with the cranberry sauce being the warmest item on it, it made me rethink going back to cooking. Thankful I am, just the same, to be residing and working on Sanibel Island where the community spirit thrives, island leaders tackle challenges, and the laid-back lifestyle is like no other.

Last weekend, I had dinner with a couple of long-time friends, fellow altos from the BIG ARTS Community Chorus. Between the pandemic and hurricanes, we haven’t been singing or together in several years, so it was great fun catching up. Unlike the restaurant yesterday, Traders continues to serve consistently wonderful meals – and their lobster bisque is still terrific.

In Aruba on her bday

Speaking of friends, the announcement about the Celebration of Life for my pal Realtor Mary Lou Bailey was in “The Islander” this week. Many know that we were friends for decades. Competing sometimes in business, we had a lot of respect for each other, often kibitzed about real estate, and usually attended two annual events together – the Kiwanis Spaghetti Dinner and the Association of Realtors RPAC Auction. We went to the Kiwanis event in February and then in early March, went on our first girls’ trip, a cruise to celebrate her 80th birthday. Though it was a successful voyage, a couple of weeks after returning, Mary Lou had a massive stroke that caused her to become bedridden and eventually led to her death earlier this month. She did not deserve the eight months she spent trying to recover. She was a special gal, putting clients ahead of herself, and honest to a fault. She will be missed. Her Celebration of Life will be at The Community House on Saturday, Dec 21 at 10 a.m.

Upcoming Island Events

Is it just me, or does it seem like every year Christmas decorations start going up sooner? Some even before the Halloween pumpkins are put away. Even after spending 31 Decembers here, it’s still special to see twinkling lights on palm trees. Get ready to see those this week! The inflatables are already up at Jerry’s and some of the best events of the year are coming up.

Captiva Tree Lighting Celebration – is tonight from 5 to 9 p.m. at Tween Waters Island Resort & Spa.

Sanibel Tree Lighting Celebration – is tomorrow night, Saturday, Nov 30 at 5 p.m. at Sanibel Community Park next to The Community House with sing-along followed by celebration inside The Community House until 8 p.m. with more music, food, ice cream, holiday activity tables, and photo ops.

Luminary Festival – The islands’ Chamber of Commerce is hosting its 36th annual Luminary Festival next weekend, Friday, Dec 6 on Sanibel and Saturday, Dec 7 on Captiva. The Luminary Strolls (from 5:30 to 9 p.m.) are island-wide holiday events that bring together residents, visitors, businesses, and organizations promoting goodwill and community spirit. As you stroll the luminary trails, look for many fun places to stop and enjoy. There are music and activities for the entire family, including a live nativity and photo opportunities.

Sanibel & Captiva Real Estate Scoop

The Association of Realtors did not meet this week, but next Thursday, Dec 5 is another Caravan Meeting, followed by a caravan of new listings open for viewing (from noon to 3 p.m.) Dave and I will be at our new listing at 5309 Umbrella Pool Rd.

5309 Umbrella Pool Rd

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by all the Sanibel/Captiva MLS action reported this week.

Just two new sales were posted this week, a Sanibel condo and a Captiva home. Just two closed sales were posted too, also a Sanibel condo and a Captiva Home.

With more new listings and price reductions, it doesn’t take much analysis to see that there now are years of inventory. Between now and mid-January usually are not busy times for sales, but I sold a home once on Christmas Day so remain optimistic. There are some excellent offerings for those looking to buy.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

93

973,854

141

142

2,087,365

100

31

1,020,929

242

Under contract

9

1,014,666

85

5

1,281,600

88

2

2,095,000

301

Sold to 11/29/24

69

820,087

125

159

1,480,345

115

13

1,319,461

175

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:

33

1,128,681

151

18

7,097,111

264

1

12M

456

Under contract

0

N/A

N/A

2

5,499,999

158

0

N/A

N/A

Sold to 11/29/24

13

1,728,846

185

7

4,203,214

185

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 Nov 22-29:

Sanibel

CONDOS

3 new listings: Mariner Pointe #1062 2/2 $539K, Sandalfoot #5B2 1/1 $695K, Heron at The Sanctuary #III-2B 3/2.5 $1.091M.

4 back-on-market: Captains Walk #A4 2/2 $379K, Blind Pass #G102 2/2 $739K, Sandpiper Beach #502 2/2 $865K, Nutmeg Village #104 2/2 $1.1M.

2 price changes: Mariner Pointe #733 2/2 now $549K, Nutmeg Village #211 now $1.075M.

1 new sale: Sanibel Siesta #804 2/2 listed at $749K.

1 closed sale: Heron at The Sanctuary #1-3B 3/2.5 $1.398M.

HOMES

12 new listings: 969 Fish Crow Rd 3/2 $649K, 1322 Sand Castle Rd 3/2 $749K, 1436 Jamaica Dr 2/2 $769K, 653 Oliva St 3/2 $874,950; 1426 Sand Castle Rd 3/2 $1.095M, 436 Glory Cir 3/3 $1.22M, 761 Nerita St 3/2 $1.279M, 1255 Sand Castle Rd 3/2.5 $1.7959M, 5250 Caloosa End Ln 3/2.5 $1.995M, 788 Birdie View Pt 3/3 $1,999,999; 6211 Starling Way 4/4.5 $3.75M, 3577 West Gulf Dr 4/4.5.5 $10.5M.

6 price changes: 2604 Coconut Dr 3/2 now $800K, 1625 Serenity Ln 3/2 nor $945K, 497 Lake Murex Cir 4/3 now $979K, 3784 Coquina Dr 3/3 now $989K, 1428 Albatross Rd 3/2.5 now $1.585M, 888 Limpet Dr 3/2 now $1.7749M.

No new & no closed sales.

LOTS

Nothing to report.

CAPTIVA

CONDOS

1 new listing: Bayside Villas #5114 1/2 $525K.

1 price change: Captiva Beach Villas #3E 5/4.5 now $3.989M.

No new or closed sales.

HOMES

No new listings or price changes.

1 new sale: 11527 Wightman Ln 3/2 listed at $999,999.

1 closed sale: 11517 Wightman Ln 4/3 $2.7M.

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 or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

Another Friday with More Sunshine & Blue Skies

It is time for another Friday update. This one with more positive news about island restoration efforts. Photo above taken this afternoon at the park at the end of Dixie Beach Blvd. The osprey on the platform is probably watching for lunch!

Hurricane hero teammate Dave and I continue to monitor our listings, make progress at my home, and meet with owners, while yesterday at the Annual Meeting of the Sanibel & Captiva Islands Association of Realtors®, I was happy to make both new listing and price change announcements. More details about those are below.

 Dave also reminded me to watch the YouTube video that was featured on PBS this week. If you haven’t seen it, please take the time. It is about an hour and titled “Sanibel Island’s Store – Untold Stores”, it offers an excellent history of the island and Bailey’s, including future plans.

https://youtu.be/MdVpDSk-iJ8?si=_4uRK7uSNv1GecJr

Sanibel & Captiva Islands Real Estate News

At The Sanibel & Captiva Islands Association of Realtors® – At the annual meeting of the local Association of Realtors® yesterday, two new 3-year directors were elected: Melanie Holaway and Janka Varmuza. The slate of officers for 2025 also was announced: Incoming-President Becky Mulka, President-Elect Tina DiCharia, Secretary Kelly Huguenin, and Treasurer Bob Berning. The remaining directors are Past-President Brendan Albright, Bryan Hall, and George Kohlbrenner.

In addition to reports from the officers, committee chairs offered activity summaries. As 2024 Chair of the Professional Standards Committee, I was happy to announce that although we have well-trained committee members, there have been “zero” cases that have required our action this year. The island Association takes pride in the professionalism of its members and works hard to keep them all well-equipped for ongoing changes in the industry. As an example, members were encouraged to attend the next monthly Membership Meeting on Nov 21 when the new Buyer Broker forms will be covered.

The Sanibel & Captiva Islands Association of Realtors©, our headquarters building, and The Real Estate Guide are all healthy, financially strong, and ready to sail into 2025 with positive leaders. It is the many Realtor© and affiliate members that volunteer that time and the dedicated staff that make these organizations so successful. Thanks to all of them!

Vacation Rental Scoop – Local vacation rental managers advise that they already are getting bookings from new winter visitors. Many who usually stay further north in Florida and elsewhere have had their reservations cancelled due to storm damage and are looking instead to come to Sanibel and Captiva. I bet when those newcomers discover what a wonderful place the islands are, they will not want to go back to more congested areas. Fingers crossed that they love it here and also decide to purchase!

At SanibelSusan Realty – We posted a new commercial condo listing this week, Lime Tree Center #2 which is 1200 sq. ft. and all new inside. Conveniently located at 1640 Periwinkle Way, this unit offers great office space in a handy central island location, wiith parking just outside the front door. (Priced at $424K)

Nearby Lime Tree Center #4 which we too have listed is a bit smaller at 987 sq. ft., but also all new inside. Neither have been occupied since they were restored after Ian.  #4 is now priced at $349K. Both are great opportunities for island professionals looking for new office spaces. It is easy to view them too.

Both before and after the storms, Dave and I have met and continue to meet with owners thinking of selling. We aren’t alone. The chatter yesterday at the Realtors® meeting was that many colleagues also have new listings coming on the market soon. Last quarter typically is when the islands see the most new listings and it looks like 2024 will produce more than usual. Some properties are just now restored following Ian, others are casualties from Helene and Milton.

Bear in mind that the storms this year were nothing like two years ago. Clean-up is happening swiftly and islanders are getting smarter and more resilient in this hurricane business. Nearly all the restaurants and businesses that had reopened after Ian have already reopened again. (Some exceptions are on Captiva where they had less damage than Sanibel from Ian, but received a significant amount from Milton.

My crystal ball predicts that this will be a great winter for buyers. Once we get beyond the election, more inventory will be available. We encourage those thinking of selling to list now because last quarter often is when buyers come to view property that they can enjoy themselves or benefit from this winter.

Sure some owners may be suffering from post-hurricane blues, but true island lovers know that Sanibel and Captiva will be back better and stronger than ever. They love not only what they own, but where it is. Living in the most laid-back, caring, kind, eco-friendly community makes it hard to beat.

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

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

75

1,025,185

146

90

2,260,624

129

26

1,131,226

266

Under contract

7

1,092,428

155

9

1,139,544

123

1

3,300,000

499

Sold to 10/25/24

64

816,961

125

149

1,460,046

115

13

1,319,461

175

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:

30

1,338,900

161

16

7,222,375

286

1

12M

421

Under contract

0

N/A

N/A

1

10M

47

0

N/A

N/A

Sold to 10/25/24

13

1,728,846

185

6

4,453,750

150

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 18-25:

Sanibel

CONDOS

9 new listings: Captains Walk #A2 1/1 $329K, Captains Walk #B5 2/1 $365K, Seashells #26 2/2 $445K, Sundial #I207 1/1 $475K, Sanibel Moorings #342 2/2 $779K, Sandalfoot #1C2 2/2 $795K, Loggerhead Cay #472 2/2 $875K, Sandy Bend #5 2/2 $899K, Pointe Santo #B25 2/2 $899K.

2 price changes: Beachcomber #C201 2/2 now $1.249M, Beachcomber #C301 2/2 now $1.395M,

1 new sale: Heron at The Sanctuary #2-3B 3/2.5 listed at $1.398M.

1 closed sale: Sundial #R305 2/2 $1.365M.

HOMES

6 new listings: 530 Leather Fern Pl 2/2 $350K, 1674 Bunting Ln 3/2 $949K, 887 Casa Ybel Rd (multi-family) 5/3 $1.05M, 2755 Wulfert Rd 3/3.5 $1.398M, 218 Daniel Dr 3/2.5 $1.4M, 811 Birdie View Pt 3/2.5 $1.725M.

6 price changes: 1125 Captains Walk St 3/2 now $700K, 2604 Coconut Dr 3/2 now $850K, 838 & 840 Rabbit Rd (multi-family) 4/2 now $979K, 9247 Dimmick Dr 3/2 now $989K, 668 Anchor Dr 3/2 now $1.499M (SanibelSusan listing), 1321 Eagle Run Dr 3/2.5 now $2.249M.

1 new sale: 1215 Periwinkle Way 1/1.5 listed at $249.9K.

2 closed sales: 1719 Serenity Ln 3/2 $720K, 9448 Begonia Ct 3/2.5 $956K.

LOTS

No new listings, price changes, or new sales.

1 closed sale: 1653 Bunting Ln $327K.

Captiva

CONDOS

1 new listing: Captiva Shores #6C 2/2 $1.375M.

1 price change: Bayside Villas #4222 1/2 now $525K.

No new or closed sales.

HOMES

1 new listing: 11527 Wightman Ln 3/2 $1.249M.

1 price change: 15160 Captiva Dr 6/6.5 now $4.99M

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 or participated in these transactions.

Enjoy your weekend, more blue skies and mid-80-degree days are expected here,

Susan Andrews, aka SanibelSusan

Another Friday After Another Hurricane – Sanibel Strong!

Smallest beach access on bay 10-18-2024

Here it is another Friday with recovery from Hurricanes Helene and Milton well underway on sunny Sanibel and Captiva Islands. Unlike Hurricane Ian, both storms brought less rain, but wind and surge, so getting utilities back in operation was a top concern for City leaders. Thanks to cooperative efforts with state and local municipalities, workers from all over, and volunteers helping a variety of non-profits, utilities were back on Sanibel by Monday so many residents were able to move back.

Driving to complete island chores yesterday, it was great to see many restaurants and businesses have reopened. The City also has reopened the beach access lots at Bowman’s Beach, Gulfside City Park (Algiers), and Tarpon Bay Rd. There is plenty of sand that needs to be moved before others open, but you can be sure Public Works is on it. The City continues to post updates as progress is made.

West Gulf Dr along West Short & Junonia 10-18-2024

Plenty of water remains in the swales particularly along West Gulf Dr west of Tarpon Bay Rd and in other low-lying areas. The City advises that the weirs remain open and with little rain in the forecast, that water will continue to dissipate. (We are keeping an eye on the high moon tides though.)

The East End seems to have the most storm-debris curbside. Waste management began pickup of regular trash this week (normal schedule), while the City contract with Crowder Gulf for storm debris pickup began midweek. Be sure to follow the City directions on separating that debris to ensure the City gets FEMA reimbursement.

It also is sad to see the many trees and vegetation losing leaves from the saltwater intrusion during both storms. SCCF and the City have posted good tips on waiting to see if they revive once the salt is flushed away. Check their websites for ways to encourage new growth and how to identify plants that aren’t going to make it.

We are becoming storm experts, but I think Mother Nature is done with us this year. It has been breezy and balmy the last two days, hopefully also cooling down Gulf of Mexico summer water that can contribute to hurricanes.

At SanibelSusan’s

Unfortunately, the electric meter replacement at my home which was damaged during Helene could not be done until LCEC disconnected that address. They were not rescheduling disconnects while there were still mass outages, so I moved back into the rental the Loggerhead Cay unit that I evacuated pre-Milton. VIP Vacation Rentals was kind enough to advise when that was OK. Amazing that Loggerhead had little yard debris and no water intrusion into units, though the wrack line was almost to the back of the complex. A little elevation sure helped those buildings.

Throughout the week, hurricane hero teammate son Dave continued to work on drying out my home, ripping out drywall, and treating for mold. I have a contractor lined up to pull lower cabinets to be sure none lurks there, and to replace the walls. Hopefully that won’t mean moving eight times like with Ian, but it’s already been three, so I am optimistic, yet counting.

My move #4 will be tomorrow as VIP Vacation Rentals has found me another nearby condo where I can continue to do business and track progress at home while restoration continues. Looking forward to getting my new work space set up.

Yesterday at home, LCEC did my disconnect and Sanibel Air & Electric was on it at the crack of dawn, replacing and adding new equipment. Power was restored late yesterday which will ensure dry out is complete and repair work more comfortable. (I can’t praise this company and its employees enough. Having used them personally and recommended them for years, they honestly are the most professional caring bunch. Please be sure and use locals like Sanibel Air & Electric if you need services. Businesses here need your support now, more than ever.)

Dave checked our listings again this morning. His updates plus other island news are below. Please let us know if we can help you. We both have been meeting adjusters and inspectors, and willing to assist in any way we can.

Sanibel & Captiva Islands Real Estate News

The islands Association of Realtors office reopened Monday (no damage there), offering work space for members needing it. The Association annual golf tournament and RPAC Auction were scheduled for the day Milton arrived so those have been postponed and will be rescheduled.

Day/time for our Annual Meeting with election results have not changed, however, that event is next Thursday at 11 a.m. Luckily, we vote electronically, so I have done mine already. (Also found my absentee ballot for the upcoming November federal/state/county elections and got that done/mailed.)

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

Again, not much real estate sales action, mostly new listings, price reductions, and listings being withdrawn (likely due to repairs needed). We are busy meeting with owners considering selling, but our crystal ball is a bit foggy – but always optimistic. Sanibel is strong and will be back.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

67

1,086,894

158

83

2,354,892

133

26

1,131,226

259

Under contract

7

1,095,428

177

10

1,181,500

141

2

1,872,500

503

Sold to 10/18/24

63

808,262

122

147

1,468,510

115

12

1,402,166

147

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:

28

1,339,035

161

14

7,851,357

320

1

12M

414

Under contract

0

N/A

N/A

1

10M

47

0

N/A

N/A

Sold to 10/18/24

13

1,728,846

185

6

4,453,750

150

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 11-18:

Sanibel

CONDOS

1 new listing: Spanish Cay #C3 2/2 $625K.

1 back on market: Heron at The Sanctuary II #2-3B 3/2.5 $1.398M.

1 price change: Blind Pass #D204 3/2 now $750K.

No new sales.

1 closed sale: Sanibel Arms #D-2 1/1 $320K.

HOMES

7 new listings: 3898 West Gulf Dr 3/2 $795K; 588 Hideaway Ct 3/2 $987K; 1730 Middle Gulf Dr 3/2 $995K; 708 Tarpon Bay Rd 1/1 $1.1M; 1022 Lindgren Blvd 3/2 $1,490,900; 851 Angel Wing Dr 5/4 $1,990,900; 1133 Golden Olive Ct 4/3.5 $3.98M.

3 price changes: 251 Southwinds Dr 4/3 now $1.099M, 5422 Osprey Ct 3/2.5 now $1.477M, 2402 Wulfert Rd 4/3.5 now $2.1M.

1 new sale: 2255 Troon Ct 4/5.5.5 listed at $2.25M.

2 closed sales: 1251 Par View Dr 3/2.5 $735K, 4577 Waters Edge Ln 4/4 $4.2M.

LOTS

Nothing to report.

Captiva

CONDOS

1 new listing: Tennis Villas #3132 2/2 $709K.

2 price changes: Bayside Villas 4110 1/2 now $396K, Beach Villas #2323 1/1 now $742.5K.

No new or closed sales.

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 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 or participated in these transactions.

Enjoy your weekend, Susan Andrews, aka SanibelSusan