With the fall equinox and first day of autumn arriving tomorrow, islanders look forward to cooler temperatures. This week most days again were warm, filled with blue skies and sunshine with occasional quick mid-to-late afternoon or evening showers. The welcomed rain continues to green up vegetation and wash away lingering storm yuck.
Crossing the causeway just a few minutes ago, the bridge crews were working hard. Lane patterns change frequently as more roadways are elevated, while concrete trucks continue to make it slow going in the morning. Here’s a picture showing how high the sheet piles are on the way up the big bridge. Amazing!
Teammate Dave and I showed homes a couple of days this week. Always fun to introduce prospective buyers to the hidden treasures here.
Over the course of their multiple visits, we have lunched at Traders, Doc Fords, Mucky Duck, and Mudbugs. All the meals were top-notch. The best view, of course, was at the duck when we sat at the window-side table next to the wall with this art and many law-enforcement patches.
The laid-back vibe everywhere and friendly encounters with both people and critters add to the fun. Fingers crossed that they get the home they want!
Sanibel & Captiva Islands Association of Realtors
Our local Association of Realtors held their September breakfast membership meeting yesterday at The Community House. Our CEO, Bill Robinson, updated attendees on three issues that recently have come to the forefront nationally: workplace sexual harassment, compensation to buyer agents, and real estate fraud. It is amazing how many recent cases there have been, even here, where scammers have tried to sell property they don’t own. On both Sanibel and Captiva there has been an uptick in these. Bill alerted us of some red flags.
Following the meeting, only one home was scheduled to be on the Open House Caravan, but it went under contract so the open house was canceled. Home sales remain brisk, while condos and their restorations lag.
Association of Realtors accomplishments over the last month include completion of the annual 14-hour Continuing Education sessions required for license renewals and member participation in the International Coastal Cleanup last weekend. Restoration work at the Association of Realtors office building continues with no word yet on move-in, but it is getting closer.
Upcoming Association events include the 12-module SCIS (Sanibel & Captiva Islands Specialist) designation classes which begin next week and finish the following week. Those are also offered annually. Modules must be completed in two years. Renewal is also required with three modules needed for designation renewal. (I have already collected some props for the module I teach on the Resort and Second-Home Market. Those always make for a fun quiz photo op.) (Watch for our new logo too, this is the old one!)
October 11 is our 26th Annual RPAC (Realtor Political Action Committee) Golf Tournament and Auction at The Sanctuary. SanibelSusan Realty is a sponsor and again is contributing an auction item – this year, a gift certificate for seafood from The Lobster Net in Brewer, ME. Their fresh lobster and seafood dinners are always a hit.
Events & Re-openings
We had more calls this week from anxious winter visitors unable to find rentals. Our advice is to continually watch for new availability at local vacation management organizations. Most of those belong to the Sanibel Captiva Vacation Rental Managers Association. Their website is www.SCVRMA.org. The Chamber of Commerce also keeps a list of what is open. www.Sanibel-Captiva.org.
Below is info on a few other re-openings/events announced this week:
Gramma Dot’s – I noticed this week that their food truck is gone, but I heard the restaurant is opening Oct 1. The marina ship’s store, fuel dock, boat rentals, and boat tours remain closed, but their service department is open Mon-Fri from 7 a.m. to 4 p.m.
Hurricane Ian Community Events – The City’s Manager’s office sent an open invitation to attend any of the multiple events being held to acknowledge community resiliency over the past year and to commemorate the landfall of Hurricane Ian. Those include:
- City of Sanibel Hurricane Ian Sunrise Remembrance at Lighthouse Beach gulf side Thurs Sep 28 at 7 a.m.
- St Michael’s Community Service of Hope at The Gathering Place at St Michael’s (entrance off Dunlop Rd) Thurs Sep 28 at 3 p.m. (interfaith service of music, reflections by city leaders, prayers, hopeful images, and gratitude. Commemorative buttons will be distributed. Reception will follow.
- Sanibel Community Church Hurricane Anniversary Service at 1740 Periwinkle Way Thurs Sep 28 at 6 to 7 p.m.
- “Community Reunited” at Sanibel Community House Sat Sep 30 from 2 to 5 p.m. with ice cream social, cookie baking contest, live music by Sanibel School Steel Band, Eagle Scout project reveal, and fun community art project.
Island Hopper Songwriter Fest – begins today on Captiva. This event features 10 days of music across four locations: Captiva (Sep 22-24), Cape Coral (Sep 25 & 26), Downtown Fort Myers (Sep 27 & 28), Fort Myers Beach (Sep 29-Oct 1). In support of this event, causeway tolls here are waived both Sat & Sun. Many free performances are scheduled in multiple Captiva locations (Tween Waters, The Green Flash, Mucky Duck, Key Lime Bistro, RC Otters, and South Seas Resort). Below are the events at Tween Waters. Check the full schedule at www.island-hopperfest.visitfortmyers.com.
Sanibel Moorings – at 845 East Gulf Dr is accepting reservations for next summer (for stays beginning April 22, 2024). As the resort gets closer to completion, they also expect to open earlier times with their goal to be ready in January. www.SanibelMoorings.com
Sanibel & Captiva Islands Real Estate
With data from the islands MLS (Multiple Listing Service), below are updated summary tables of the residential sales statistics, followed by the island MLS action this week.
SANIBEL
RESIDENTIAL |
CONDOS | HOMES | LOTS | ||||||
# | Avg Price | DOM | # | Avg Price | DOM | # | Avg Price | DOM | |
For sale | 55 | 1,091,030 | 147 | 73 | 1,593,719 | 111 | 30 | 931,280 | 153 |
Under contract | 7 | 1,003,700 | 79 | 20 | 1,155,150 | 75 | 2 | 345,000 | 148 |
Sold 2023 to 9/22 | 77 | 910,390 | 62 | 222 | 1,260,665 | 69 | 22 | 958,431 | 68 |
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 | 23 | 1,543,413 | 95 | 9 | 7,597,555 | 146 | 2 | 7,247,500 | 15 |
Under contract | 1 | 1,700,000 | 4 | 0 | N/A | N/A | 0 | N/A | N/A |
Sold 2023 to 9/22 | 11 | 848,363 | 108 | 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 September 15‑22
Sanibel
CONDOS
1 new listing: Sand Pointe #122 2/2 $849K.
1 price change: Sundial #A303 1/1 now $719K.
No new sales.
1 closed sale: Seashells #33 2/2 $435K.
HOMES
3 new listings: 1090 My Tern Ct 3/2 $925K, 3990 Coquina Dr 3/2 $1.2M, 557 Lake Murex Cir 3/2.5 $1.75M.
2 price changes: 1586 Century Ct 3/2.5 now $978K, 1297 Par View Dr 3/2 now $1.05M.
1 back on market: 1388 Tahiti Dr 3/2 $1.199M.
7 new sales: 1605 Bunting Ln 3/2 listed at $899K, 9428 Moonlight Dr 3/2 listed at $899K, 1667 Sabal Sands Rd 3/3 listed at $982K, 3302 Twin Lakes Ln 3/2.5 listed at $1.299M, 721 Cardium St 3/2.5 listed at $1.4M, 567 N. Yachtsman Dr 3/3 listed at $1.495M, 896 Limpet Dr 3/3 listed at $1.7M.
3 closed sales: 1399 Albatross Rd 3/2 $650K, 1558 & 1545 San Carlos Bay Dr 3/3.5 $3.9M, 6401 Pine Ave 4/3.5 $4.069M.
LOTS
No new listings or price changes.
1 back on market: 4501 Waters Edge Ln $2.995M.
No new or closed sales.
Captiva
CONDOS
Nothing to report.
HOMES
1 new listing: 33 Urchin Ct 3/3 $2M.
No price changes, 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!
’til next Friday, Susan Andrews, aka SanibelSusan