From Orlando to Sanibel Island


Below is an update from the leadership team meetings I attended this week at Florida Realtors®, followed by an article with info about seniors, and then the Sanibel & Captiva Islands Multiple Listing Service activity since last Friday.

SanibelSusan’s Report from Florida Realtors®

It has been a busy three days in Orlando with the Florida Realtors® leadership team at the Renaissance at Sea World.

Wednesday was the all-day instructor auditions where 57 prospective instructors tried out before seven rooms of panelists. First a teacher must be approved to become a member of Florida Realtors® faculty. Then, they must audition again for each class they want to instruct. With this many, it was a long, but productive day. Serving as a panelist is rewarding, in many ways.

That night, Sanibel & Captiva Islands Association of Realtors won three state RPAC awards.

Yesterday, at the 2020 Florida Real Estate Trends presentation, I heard Florida Realtors Chief Economist Dr Brad O’Connor and Dr Sean Snaith who is Director of the University of Central Florida’s Institute for Economic Forecasting. If you are thinking that these statistical guys were boring, think again. Not only did they make looking at numbers fun, their outlooks for Florida are bright.

Dr Snaith’s big concern is the $23+trillion national debt. 27% of that debt is in intra government holdings including Social Security’s trust fund and the Federal Reserve Bank. The Social Security fund has surplus right now because so many baby boomers are still working and paying in. This surplus will go away, likely meaning that $5 trillion in debt will need to be absorbed by the government.

Comparing U.S. debt to other countries, remember the Greek crisis in 2010, that is still felt there today? Their total debt was $380 billion. (Ours in a single quarter is greater than that.)

Now for the good news. Business stimulus from the Trump administration has boosted investment, which boosts productivity, which boosts wages and salaries. Regulation relief also has reduced GDP an average of 2% a year. The regulations in the 70’s doubled GDP then. We all know regulations are needed, but consideration is needed on how they affect the economy and their unintended consequences. Dr Snaith said, “the secret sauce to economic growth is productivity” which increases with less regulation.

Regarding trade, he said, “though it had been the longest recovery in U.S. economic history, any way you look at it, our labor market is strong.” He expects no Federal rate change in 2020, while U.S. economy continues to grow. The momentum is strong with Florida’s economy better than the national average since 2012.

Unemployment here is just 3.3% with Florida business expected to continue to grow, particularly in areas of professional and business, hospitality, and health services.

Fastest growing area in the nation is The Villages (in Florida). The Ft Myers area is 7th fastest growing in the country. Naples/Marco Island area is 19th.

Nation wide, real estate sales to foreign buyers is down 30%, but domestic buyers are picking up the slack. Overall, the economists expect 2020 to be very good to Florida.

Last night was the installation of 2020 officers and inaugural banquet.

At Florida Realtors, so far today, I attended the Professional Development Committee meeting (where our new instructors and classes were officially approved) and the Legal & Professional Update by Florida Realtors attorneys.

Next up are our District meeting and RPAC Jamboree. 

No Place Like Home

Seniors have lots of options to adapt their homes without a major remodel. The following was extracted from the January-February 2020 issue of “Realtor®” magazine:

“A lot of older adults aren’t going anywhere. Even the pools, gyms, coffee bars, and cooking classes at many senior living communities can’t persuade some to sell the house where they raised their families and accumulated a lifetime of memories and possessions. A full 76% of Americans age 50 and older say they want to remain at home throughout their golden years according to an AARP survey. So what are the smartest decisions people can make in pursuit of that goal?

“Most experts say anyone 55 years and older should plan their future living situation long before they have difficulty climbing stairs or stepping into a bathtub. Too often, people make changes in where they live only after a crisis like a serious fall or stroke – which compounds the stress on them and their family. A new category of home auditors can help clients analyze which modifications can be the most helpful. Daniel Edwards, owner of the Handyman Connection in Hanover, Pass., is developing a program to train people to conduct an aging-in-place analysis that includes a checklist of options.

“The movement to age is place is gaining attention from real estate practitioners and a bevy of other professionals, from designers and architects to health care advisors schooled in accessible design…. There are now “living laboratory” homes that allow people to see possibilities first-hand…. 

Design Modifications – Better Living design in Asheville, NC, and architect Jeffrey DeMure, author of Livable Design, recommend four steps to improve existing homes: putting essential spaces on a main level, including a first-floor bedroom; creating a zero-step entry; ensuring good interior air circulation; and improving kitchens and bathrooms….

Home Products – Apart from architectural and design changes, new products can make most facets of life easier for older homeowners. A stair or chair lift provides a relatively easy, affordable way to get to a 2nd or 3rd floor in a multilevel home or apartment…. And although remodeling a bathroom can become expensive… switching out a tub for a curbless shower with a bench is affordable and helps “avoid an accident waiting to happen”…. A heat lamp in a bathroom helps older adults cope with the common problem of feeling cold…. The latest technology – robotic vacuums and lawnmowers, security systems, and smart-home devices that control lighting and temperature – are also assets for coping with aging’s challenges….”

Sanibel & Captiva Islands Multiple Listing Service Activity January 17-24, 2020

Sanibel

CONDOS

4 new listings: Spanish Cay #H6 2/2 $549K, Loggerhead Cay 2/2 #542 $739K, Loggerhead Cay #191 2/2 $770K, Tarpon Beach #207 2/2 $1.099M (our listing).

5 price changes: Spanish Cay #F8 2/2 now $379K, Sandpebble #2F 2/2 now $439K, Loggerhead Cay #351 2/2 now $537K, Loggerhead Cay #223 2/2 now $597K, Pointe Santo #A1 2/2 now $875K.

4 new sales: Sanibel Moorings #311 2/2 listed at $599K, Loggerhead Cay #553 2/2 listed at $679K, Sundial #K103 2/2 listed are $889K, Plantation Village #312 3/2.5 listed at $1.44M.

4 closed sales: Sundial #H211 1/1 $360K, Ibis at The Sanctuary #B102 2/2 $468.5K, Sanibel Moorings #821 2/2 $575K, Compass Point #181 2/3 $1.175M.

HOMES

9 new listings: 560 Piedmont Rd 3/2 $460K, 1764 Bunting Ln 2/2 $489K, 9426 Beverly Ln 3/2 $599K, 6141 Henderson Rd 3/2 $675K, 4455 Gulf Pines Dr 3/2 $738K, 201 Violet Dr 3/2 $949K, 1437 Causey Ct 3/2.5 $1.05M, 790 Beach Rd 4/3.5 $1.449M, 6014 White Heron Ln 3/3.5 $1.749M.

13 price changes: 1027 Sand Castle Rd 2/2 now $474K, 730 Cardium St 2/2 now $569K, 1717 Sand Pebble way 3/2 now $629K, 4245 Gulf Pines Dr 3/2 now $675K, 701 Nerita St 3/2 now $724K, 1223 Par View Dr 3/2 now $755K, 822 Beach Rd 4/4 duplex now $819K, 1244 Par View Dr 4/3 now $849K, 215 Robinwood Cir 4/3 now $859K, 1285 Par View Dr 4/2.5 now $865.5K, 938 Pecten Ct 3/2.5 now $949K, 1081 Captains Walk St 4/2.5 now $1.185M, 1206 Bay Dr 4/4.5 now $3.424M.

4 new sales: 1851 Farm Trl 3/2 listed at $559K, 1348 Eagle Run Dr 3/3 listed at $998K, 911 Almas Ct 3/2.5 listed at $1.25M, 5250 Caloosa End Ln 3/2.5 listed at $1.389M.

2 closed sales: 932 Whelk Dr 3/3 $970K, 707 Anchor Dr 3/2.5 $1.15M.

LOTS

2 new listings: 486 Ponce De Leon Rd $223K, 6095 Dinkins Lake Rd $267,555.

3 price changes: 5847 Pine Tree Dr now $339K, 602 Boulder Dr now $399K, 4995 Joewood Dr now $2.6M.

No new or closed sales.

Captiva

CONDOS

No new listings.

2 price changes: Marina Villas #606 2/2 now $736K, Lands End Village #1629 2/2 now $1.3945M.

1 new sale: Captiva Shores #9 3/2 listed at $1.795M.

No closed sales.

HOMES

1 new listing: 15200 Captiva Dr 2/2 $1.1M.

No price changes or new sales.

1 closed sale: 16596 Captiva Dr 6/8.5 $5.15M.


LOTS

No new listings.

1 price change: 16151/16155 Captiva Dr now $5.9M.

No 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.

Until next Friday, Susan Andrews, aka SanibelSusan

Sure Doesn’t Feel Like January on Sunny Sanibel


Sea Oats

Another Friday has arrived. Since last week, the weather on Sanibel and Captiva Islands has continued to be summer-like. Days have been in the mid-to-high 70’s and low 80’s with plenty of sunshine and a few intermittent clouds. That is expected to change on Monday when a cool front arrives. Being originally from Maine, it still cracks me up when they say a cool-front is daytime temperatures in the 60’s – in January. That coolness may be short-lived though. Temperatures are expected to be back into the 70’s by Thursday.

Most years, island business picks up after January 15th, particularly when the snow is flying somewhere. This year there already has been good real estate action here. The changes reported since last Friday in the Sanibel/Captiva Islands Multiple Listing Service are after a couple of news items below. (First a picture from our friend, Scott, who shares his wonderful island photos.)

 

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Sanibel & Captiva Islands Association of Realtors® Installation of 2020 Officers & Awards Breakfast

Sanibel realtors logoYesterday was the annual Islands Association of Realtors® installation of officers and awards breakfast at The Sanctuary. Florida Realtors® Director of Local Association Services, Anne Cockayne was the installing officer. Past-President Joel Goodman emceed, and I presented pal Mary Lou Bailey with her Realtor® Emeritus pin (She’s our third island Realtor® to reach this status – 40 years and an active leader.)

2020 BODOur local Honor Society recognized 25 members for their professionalism through education, participation, and community service (my 27th year), while six members completed the Sanibel & Captiva Islands Specialist program, earning their SCIS designation. Congratulations to all.

SanibelSusan Realty Associates

SanibelSusan Realty from Periwinkle WayThis week, SanibelSusan teammate Dave held several Open Houses and saw a noticeable increase in visitors. We also had some good listing inquiries and have future showings scheduled. Elise got a big post card mailing out and will process two more next week. I showed property last weekend, Dave is showing this weekend, and we also had a nice 2-sided closing Tuesday, which was the last island sale in 2019. Big thanks to Simmons Law for getting the needed court motion processed in time for the 14-day closing.

Outside-the-Box Mortgage Solutions

One of our long-time Association of Realtors® Affiliate Members, Dan Royal, sent an e-mail this week that caught my eye. Dan is a Mortgage Loan Originator with American Momentum Bank. He has been financing island real estate for as long as I can remember. Did a loan for my husband and I when we first moved to Sanibel – long before our first sale here. Here are excerpts from Dan’s email:

American_Momentum_Bank_Logo“$860,000 Sundial Resort Condo mortgage just funded! Non-warrantable condos welcome here. Fannie Mae has “in the box” strict guidelines. Our Portfolio Loans are “outside the box”:

 

 

  • 5% down to $1 million primary home purchase
  • Non-warrantable/resort condo 15% down
  • 0% down new professionals
  • Construction loans to $5 million
  • Foreign borrower loans to $3 million
  • Investor loans to $3 million.

“Please contact me if you need some out of the box mortgage solutions.”

Reach Dan at DRoyal@AmericanMomentum.Bank or toll free at 866-530-2265.

Joanna Gaines: Keep These Tacky Items Out Of The House

BridesBlushlogo_v2I saw this article on-line a few weeks ago but saved it for sharing after the holidays. It is long but has some interesting, sometimes funny, points. Written by JJ Foster, posted 11/26/19 on www.BridesBlush.com:

tacky-houses-joanna-101“The Fixer Upper Has Spoken – If there’s one person who knows what it takes to put together an awesome living room, then it’s Joanna Gaines. The reality TV personality has spent the last few years hosting the show Fixer Upper with her husband Chip. Together, they renovate and redecorate people’s homes and have helped take “Farmhouse-chic” to another level of popularity. However, with an eye for great decoration, Gaines also knows what interior designers should avoid doing. The living room is a place for play, relaxation and family time, and Gaines has shared some of the tackiest things that homeowners should keep out of their living rooms.

Fake Plants – Sure, real plants might attract a few creepy crawlies here and there, but there’s something about them that adds a whole lot of life to the living room. More often than not though, fake plants can stick out like a sore thumb and it’s clear that they are definitely not real. As far as Joanna Gaines is concerned, you’re better off having a living room without plants than one with fake ones. She thinks they are lifeless and extremely tacky.

Chintz Wallpaper – Chintz is a form of textiles that can trace its origins all the way back to India. However, the design, which consists of flowery patterns, is recognized these days for being used in the rooms of many bed and breakfasts, especially in the New England area. Joanna Gaines certainly doesn’t want people making their living rooms resemble anything like this. In fact, it’s more likely to look like the kind of building that contains a tomb from the 1500s.

Ruffled Furniture Skirts – While skirts are a perfectly acceptable clothing item for certain individuals to wear, furniture isn’t one of them. Anything that doesn’t have a heartbeat and is designed to be sat on in a living room shouldn’t be wearing a skirt. We’re looking at you, sofa, table, chairs and armchair. Ruffled skirts make a modern living room feel like it’s stuck in a much older era. Either expose those furniture legs or at the very least, give them a straight skirt instead.

Plastic Storage – So many families use plastic storage as a more affordable option of putting away stationary appliances, clothes and virtually anything else. However, there is something about seeing these structures in a living room that screams out, “I shouldn’t be here.” If it’s a child’s living room, then it might make a bit more sense. But if your kids are fully grown and you want a living room that blends luxury with sophistication, then this is not the way to go.

Bold-Colored Walls – Joanna Gaines can’t stand it when she walks into a living room and the walls have been painted in a really bold color. As a child, she remembered that the home her family moved into had the worst-looking walls imaginable and they needed to give them a completely new coat. Not only was the living room a disgusting lime-green color, but the dining room was in her words, “cherry-red.” If you’re living room looks like Sonic’s drive-thru menu, you know you’ve got problems.

“Bookcase Wallpaper – Joanna Gaines has lost count of the number of homes she has walked into and seen this kind of decoration plastered all over the back wall of the living room. Seriously, who are these people trying to fool? It is obviously not a real bookcase. If you want to show the world that you’re educated, get some shelves and put some books on them! The irony is that those who have this wallpaper probably don’t read that many books.

“Matching the Couch With Curtains – Joanna Gaines is a firm believer that curtains and couches shouldn’t be made from the same fabric – it just shouldn’t happen. However, this will be forgiven as long as they don’t share the exact same color or pattern. It’s important to diversify the living room, finding a balance between furniture that compliments each other, while also serving its own unique, aesthetic purpose. As far as the Fixer Upper is concerned, the living room should have a motif, not a uniform.

Mandala Tapestries – While many young people decorate their homes with mandalas, they don’t necessarily know the spiritual symbolism of this Eastern pattern. Then, there are people who discover the pattern later on in life and decide it’s a nice thing to display on one of the walls in their living room. Joanna Gaines thinks that if you don’t share the philosophy that the mandala is connected to, then it’s best to move on and decorate your living room with something a bit more understated.

White Rooms – While a white motif can be pleasant, you should never decorate your living room in just white. Fine, white walls can work, but think of it as a canvas in which you can add various other colors to it. At the end of the day, purely white rooms remind us too much of sterile hospitals, a place where people are often struggling to stay alive. Let’s not try to remind people of that in our living room. Also, it makes un-cleanable stains look so much more obvious.

Weird Lamps – If your living room lamp has more arms than your fake plant has branches, then you need to watch some episodes of Fixer Upper as soon as possible! It is very easy to get carried away with the design of a lamp. If your lamp resembles the Burj al-Arab or some other uniquely designed skyscraper, then something’s seriously wrong. Definitely avoid the lamps that have multiple bulbs with different colored light filters. Just go with a traditional lamp with a shade.

Cliché Art – While it’s perfectly normal to hang up art in the living room, Joanna Gaines hates it when people go for one of the most famous paintings and treats it like some sort of cool ornamental idea. If you are planning on hanging up a copy of Van Gogh’s Starry Night or Da Vinci’s Mona Lisa in your living room, then that’s a bad omen for the room in general. Why not go for a more obscure work of art by a famous artist? Stay original, folks.

Mounted Animal Heads – While many hunters hang animal skulls on their walls like some sort of bragging rights, many people who are not hunters buy them and hang them too. However, Joanna Gaines has her own thoughts on the matter. Whoever’s hanging these in the living room obviously has no idea what they are doing. If you are responsible for that skull, at least put it somewhere where it is not going to upset anyone. The Fixer Upper has spoken!

Futons – Unless you are between the age of 13 and 18 and frequently having friends over for slumber parties, a futon is no longer the way to go. By the time you have graduated from college and are out there in the real world, you should have enough funds to afford something a bit more elaborate than a futon. As we get older, it is our duty to outgrow certain things and futons should be, at the very least, the top five in that list.

Temporary Furniture – While the aim of temporary furniture is to make it look like something that is cool but also a work in progress, Joanna Gaines has zero-tolerance for the concept. As far as she’s concerned, this kind of furniture has no place in the living room and homeowners should just go with traditional furniture instead. She believes that temporary furniture only looks cool for a couple of days, that’s until it breaks for one reason or another – it’s too fragile!

Cluttered Cables – In the age of technology in which we live, it makes perfect sense to have a plethora of devices that have wires and cables hanging from them. This takes nothing away from the fact though that a pile of cluttered cables looks ugly on the eyes. A perfectionist like Joanna Gaines would never stand for such chaos in her living room, let alone anyone else’s. At the very least, hide those cables behind the TV table, away from visitors’ eyes.

Cheesy Photo & Picture Frames – There are so many accessories out there that people use to display family photos on. More often than not, the frame itself can distract the person away from what matters the most – the photo. With tons of cheesy imagery and buzz words on either side of the photo, these tend to just get in the way. At the end of the day, a photo needs a frame, not a dramatic canvas that might be telling a completely different story. Stick to a frame – plain and simple.

Plastic Couch Covers – People put plastic covers on their couches for a variety of reasons. While some apply them to prevent pets from causing damage to them, others use them so that they don’t spill something on them. Either way, a plastic couch cover is always for practical reasons, not aesthetic ones. It’s less to do with the fact that it looks tacky – it just looks terrible in any situation. At the very best, it looks like the scene of a crime.

Shot Glass Collections – Whether it be stamps, coins or Coca-Cola cans, everyone seems to have something they love to collect. However, we’d never advise hanging your collection up in the living room. Joanna Gaines especially detests it when people decide to show off their shot glass collection as some sort of living room ornament. While it may have impressed your friends back during the college years, it just looks kind of sad by the time you reach your mid-30s. Collect something new and hide it somewhere!

Gold Fixtures – There was a time that gold fixtures were a standard “fixture” in pretty much every other house, and that was back in the ’80s. For some reason, there are families who have hung onto those gold fixtures for the last 30 years and, unsurprisingly, they have weathered and no longer look as shiny and glorious as they used to. Maybe one piece of gold furniture here and there is acceptable, but gold motif for the living room is unacceptable unless you are a Saudi prince.

Pallet Coffee Tables – A trend that has been floating around the world of interior design is DIY pallet furniture. Better known for being used to transport large objects on forklifts, interior designs are now making pieces of furniture out of these wooden structures. One of the examples is the coffee tables which is made out of pallet. While some families might like their living rooms looking like a pile of lumber, Joanna Gaines wouldn’t be seen dead with this type of coffee table in her home.

Shag Carpeting – While some people might like the cosy feel that shag carpeting provides, Joanna Gaines is certainly not a fan. She believes that this design trend should have stayed in the ’70s where it belongs. She compared the texture and the appearance of shag carpeting to that of wigs. Moreover, she believes it would have the same effect if you laid some hairpieces on the living room floor instead. While it might be a matter of taste, this is not Gaines’ “cup of tea.”

Wood Paneling – There is something about wood paneling that just screams out a 1980s thriller, with the likelihood of someone in the family going on a violent rampage at some stage. Joanna Gaines believes that this style goes against what a living room represents – relaxation, fun and family time. Unless you actually live in a cabin in the woods, wood paneling is extremely dated and should have no place in any part of your home whatsoever, never mind your living room!

Curtain-less Windows – Seeing that we are encouraged to avoid using so much electricity and resort to natural lighting, you’d think that it would be recommended to refrain from applying curtains to your living room windows. A bit of natural lighting could do your home the world of good, right? Well, gone are the days that you can kick back with a tub of ice cream in private, people are always going to see what you’re doing as they walk past.

Blanket Ladders – If you want to have a living room that looks rustic, at least don’t make it look as if you’re trying so hard to be. One tacky design choice that is indicative of this is a blanket ladder. While these were more commonplace back in the 1800s or in one of the stories from Little House on the Prairie, some have decided to bring a ladder back and use it to hang blankets on in their living room. What’s wrong with just leaving them on the sofa?

Barn Doors – Our only theory for this one is that someone who was having way too much fun one night ended up trespassing on someone’s farm, stole a couple of barn doors and then woke up the next day with them leaning on the wall of their living room. While Pinterest has undoubtedly built up the hype of having barn doors in our homes, and Joanna Gaines is a farmhouse chic specialist, we have no interest. If it’s not being used in a barn, it shouldn’t be used.”

Sanibel & Captiva Islands Multiple Listing Service Activity January 10-17, 2020

realtor-mlsSanibel

CONDOS

4 new listings: Sanibel Arms #A7 1/1 $359K, Sanibel Moorings #1512 2/2 $549K, Loggerhead Cay #514 2/2 $1.045M, Sanddollar #C201 2/2 $1.199M.

6 price changes: Sanibel Inn #3514 2/2 now $725K, Sand Pointe #227 2/2 now $739K, Pointe Santo #D32 2/2 now $749K, Oceans Reach #3A1 2/2 now $894.9K, Sundial #E108 3/2 now $1.225M, La Playa #B1 3/2 now $1.299M.

4 new sales: Sandpebble #1A 2/2 listed at $439K, Blind Pass #F204 2/2.5 listed at $445K, Sanibel Shores #A2 2/2 listed at $459K, Sand Pointe #227 2/2 listed at $739K.

No closed sales.

HOMES

7 new listings: 1667 Atlanta Plaza Dr 2/2.5 $439K, 1339 Tahiti Dr 3/2 $540K, 1774 Bunting Ln 3/2 $659K, 1068 White Ibis Dr 3/3 $759K, 940 Lindgren Blvd 3/2 $948K, 5633 Baltusrol Ct 4/4.5 $1.949M, 1314 Seaspray Ln 5/5.5 $6.995M.

13 price changes: 1684 Bunting Ln 2/2 now $489.5K; 430 Old Trail Rd 3/2.5 now $547K; 1536 Bunting Ln 3/2 now $588,595; 433 Lake Murex Cir 3/2 now $629K; 678 Durion Ct 3/2 now $649K; 1567 Sand Castle Rd 3/3 now $799K; 5659 Sanibel-Captiva Rd 2/2 now $800K; 1010 Kings Crown Dr 3/3 now $997K; 2857 Wulfert Rd 4/5 now $1.199M; 1671 Hibiscus Dr 5/3 now $1.249M; 1133 Golden Olive Ct 3/3.5 now $2.269M; 3009 Turtle Gait Ln 4/4.5 now $2.595M; 5145 Joewood Dr 5/4.5 now $2.75M.

6 new sales: 1458 Sandpiper Cir 3/2.5 half-duplex listed at $489.9K, 4619 Brainard Bayou Rd 3/2 listed at $595K, 668 Anchor Dr 3/2 listed at $958.5K, 2739 Wulfert Rd 4/5.5 listed at $1.375M, 228 Violet Dr 4/2/2 listed at $1.749M, 5618 Baltusrol Ct 4/4/2 listed at $2.195M.

7 closed sales: 401 Raintree Pl 3/1.5 412.5K; 1558 Sand Castle Rd 3/2 $565K (our listing & sale); 238 Daniel Dr 3/2 $747,126; 245 Christofer Ct 3/2 $750K; 1121 Skiff Pl 3/3 $985K; 526 N Yachtsman Dr 3/2 $995K; 572 Kinzie Island Ct 5/5 $2.15M.

LOTS

1 new listing: 1331 Par View Dr $349K.

1 price change: 1837 Buckthorn Ln now $599K.

No new or closed sales.

Captiva

CONDOS

No new listings.

1 price change: Lands End Village #1667 2/2 now $1.189M.

No new sales.

1 closed sale: Bayside Villas #4212 1/2 $345K.

HOMES

3 new listings: 15000 Binder Dr 3/2 $1.325M, 16801 Captiva Dr 5/5 $2.295M, 16531 Captiva Dr 8/8 $2.85M.

No price changes or new sales.

2 closed sales: 11509 Chapin Ln 4/4 $1.325M, 11559 Laika Ln 2/2/2 $4.25M.

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.

istockphoto-512459044-612x612Until next Friday, enjoy your weekend!

Susan Andrews, aka SanibelSusan

Gotta Love Sanibel Snowmen – It’s Breezy & 76 Degrees F at 3 p.m.


Sanibel snowman

Following a big exodus over the weekend when many holiday visitors headed back home, this week, the islands settled into a more routine “season” traffic pattern. That was except for an accident on the causeway late Monday afternoon that resulted in a huge backup. I was meeting friends for dinner at Traders at 6:30 so left the office at 5:30 thinking that would give plenty of time. By then, Sanibel’s traffic webcams and social media postings indicated that the damaged vehicles had been removed, so since Periwinkle in front of the office wasn’t moving, I headed toward Tarpon Bay Rd. Clear sailing on Tarpon Bay Rd to Middle Gulf Dr. I made it just past Casa Ybel Resort when I got stuck. From there, it took 50 minutes to get to Traders, a mere 1.1 miles (normally 2 minutes) away.

So, if you are on the islands in the winter, please remember that it doesn’t take much to disrupt travel plans. As Realtors®, we plan our showing routes from east to west – or west to east – depending on the time of day. It’s good to plan right-hand turns too. If you get stuck, check the web cams at http://www.mysanibel.com/Live-Street-Cams. But, when using your phone, be aware of the new Florida law. (More info about that in one of the news items below.)

After that news is the island activity this week posted in the Sanibel & Captiva Islands Multiple Listing Service. Next Thursday is our local Association of Realtors® membership breakfast at The Sanctuary, followed by annual awards and the installation of 2020 officers.

2020 Change in Jumbo Loan Baseline

lake michigan credit union logoAt our Sanibel & Captiva Islands Association of Realtors® Caravan Meeting yesterday, local lender Dan Krispinsky of Lake Michigan Credit Union announced a change in the baseline loan limit for a jumbo loan.

In 2020, the baseline loan limit for most counties across the U.S. will be $510,400, an increase from the 2019 cap of $484,350. More expensive markets, such as New York City and San Francisco, have conforming loan limits as high as $765,600. Anything above these maximum amounts would be considered a “jumbo” mortgage.

2020 Brings Remote Notaries, Lower Taxes, Texting Bans

Florida Realtors logoPosted this week on-line by FloridaRealtors®: “It’s now easier and more convenient to close deals between distant buyers and sellers thanks to new remote notary laws, and the business rent tax cut will save businesses an estimated $65 million in 2020. However, it’s now illegal statewide to text while driving.

“TALLAHASSEE, Fla. – A handful of laws went into effect on Jan. 1, 2020, that will positively impact the real estate industry – and one law that affects Realtors who try to accomplish texting business while driving.

“Online remote notaries – State law caught up with technology on Jan. 1, 2020, with the approval of online remote notaries. Many states already allow the use of online remote notaries in real estate transactions, and the change will make it notably easier, faster and more convenient to close real estate transactions when the buyer and seller can’t be in the same room. The new law stems from HB 409, which the Florida Legislature passed last year.

“Business rent tax – Florida Realtors has advocated for cuts to the state’s business rent tax for many years, and another cut became effective on Jan. 1 – 0.2% this time. Businesses throughout Florida will save more than $65 million each year. The new state tax rate on commercial leases is now 5.5%, down from 5.7% in 2018 and 6% in 2017. Other parts of the business-rent-tax bill passed in 2019, HB 7123, have already taken effect, including the August 2019 sales tax holiday on hurricane preparedness supplies. Florida economists projected shoppers saved about $41.7 million during the sales-tax holiday.

“Texting while driving – It’s been illegal to text while driving in Florida since July 1 – but on Jan. 1, 2020, officers will stop writing warnings and start writing tickets. A first offense is $30; a second is $60 ($158.18 with court costs) if it happens within five years. While texting was a secondary offense in the past, officers can now stop a driver who is otherwise obeying traffic laws if they’re seen texting. In addition, motorists can’t use phones for texting or any reason, including hand-held talking, when driving in school and work zones. While hands-free talking is allowed in cars equipped with the skill, officers can stop drivers if they see a phone in a motorists’ hand.”

Recycle Drop-Off for Electronics

recycle logoAs posted in today’s “Island Sun”: “The Green Team of Sanibel Congregational United Church of Christ’s is holding an electronic recycling drop-off on Saturday, January 18 at 1 p.m. This is part of the Green Team’s ongoing efforts to address environmental concerns not only on Sanibel but beyond. This is open to the public and there is no cost.

“The drop-off will take place in the parking lot of the church, located at 2050 Periwinkle Way, across from Periwinkle Place. Computer Medics of Southwest Florida will be at the church to collect these items.

“Bring items in small cardboard boxes, placing in separate boxes things that work and things that don’t. Mike Peterson of Computer Medics of Southwest Florida will destroy all personal and business data on any drives. Afterwards, he will donate any working computers to Komputers for Kids, and all non-working items will be appropriately recycled.

“Items that can be recycled included: electric wire, mouse and keyboards, laptops, notebooks, computer towers, battery backups, hard drives, flat panel monitors, lithium batteries, automotive batteries, cell phones, medical test and monitoring equipment, gaming devices, florescent light ballasts, circuit breakers and panels, and starters and alternators.

“The only electronics that cannot be accepted are glass-screen CRT televisions and monitors, LED and LCD televisions, printers and copiers. For a complete list of what can and cannot be recycled, visit the church’s website at http://www.sanibelucc.org or call the office at 472-0497 for a list to be emailed to you.

“In the U.S. alone, we throw away over 400 million electronic items, and that number is growing two or three times faster than other municipal waste. Harmful chemicals released from incinerators and leached from landfills can contaminate air and groundwater. Typically, most electronic waste goes either into landfills, or is sent to developing countries where due to little or no regulation, workers are at health risks as well as face safety issues posed by their improper recycling and disposal methods.

“Computer Medics of Southwest Florida’s recycler, Brian Slager of eScrap Recycling, does not send anything to other countries, to prisons, or to landfills. He reuses everything he takes, and his recycling service complies with all local, state and federal regulations.”

BIG ARTS Happenings

I drove by the new building at BIG ARTS yesterday and it is getting close to be finished. The Community Chorus had their first rehearsal of the year Tuesday night (those are at Strauss Theater until construction is complete at the BIG ARTS campus). It is not too early to mark your calendars for our spring Community Chorus Concerts which will be in the new performance hall on two nights, April 1 and 2, at 7 p.m.

big arts logoSingers also are looking forward to the BIG ARTS Open House on Saturday afternoon, January 25, from noon to 4 p.m. when the public is invited to tour the new facility. The Open House is free and will feature live music by both Island Jazz and the BIG ARTS Community Bands, and the Community Chorus. Guests will be able to tour the garden area, art gallery, and experience the new state-of-the-art performance hall.

Island Jazz will perform in the garden. The gallery will be featuring the first fine arts exhibit of the year, “Time for Joy” by renowned artist Mally Khorasantchi. From 1 to 2 p.m. in the performance hall, the Community Chorus will perform, while the finale is the BIG ARTS Concert Band at 3 p.m.

Throughout the afternoon, guests will be able to move freely around the facility and enjoy BBQ chicken and pork sliders, potato salad and coleslaw as they take in the sights and sounds of the day. To learn more about the new home of BIG ARTS and the “2020 Dream Season” visit www.BIGARTS.org or call 239-395-0900.

The night before is BIG ARTS gala grand-opening fundraiser to complete the final phase of the building fund. Tickets are limited for this Friday night event which includes a gourmet dinner and music by The Temptations. Reservations for the fundraiser are needed and by phone only at 239-395-0900.

Sanibel & Captiva Islands Multiple Listing Service Activity January 3-10, 2020

Sanibel realtors logoSanibel

CONDOS

7 new listings: Captains Walk #C3 1/1 $279K; Blind Pass #B205 2/2.5 $469K; Sundial #C301 1/1 $469.9K; Sundial #F108 1/1 $475K; Lighthouse Point #120 3/2 $625K; Villa Sanibel #2H 2/2 $727,007; Tantara #203 3/2 $1.289M.

12 price changes: Sanibel Arms #C7 1/1 now $376K; Sandpebble #1A 2/2 now $439K; Seawind #A107 2/2.5 now $570,007; Sunset South #A11 2/2 now $599K; Loggerhead Cay #222 2/2 now $637K; Kings Crown #112 2/2 now $679K; Signal Inn #14 2/2 now $719K; Oceans Reach 4C1 2/2 now $869K; Oceans Reach #4D1 2/2 now $875K; Sanibel Surfside #132 2/2 now $899K, Gulfside Place #222 2/2 now $1.297M (our listing), La Playa #1B 3/2 now $1.299M.

3 new sales: Mariner Pointe #1051 2/2 listed at $499K, Mariner Pointe #721 2/2 listed at $534K, Surfside 12 #A1 3/2 listed at $734K.

1 closed sale: Loggerhead Cay #134 2/2 $960K.

HOMES

9 new listings: 1851 Farm Trl 3/2 $$559K; 9307 Dimmick Dr 3/2 $720K; 1085 Sand Castle Rd 3/2 $725K; 5834 Pine Tree Dr 799,555; 1220 Sand Castle Rd 3/2 $849K; 1606 Sabal Sands Rd 3/2 $899.9K; 250 Hurricane Ln 3/2.5 $1.049M; 355 East Gulf Dr 3/2 $1.149M; 1349 Bay Dr 4/4 $8.125M.

13 price changes: 1856 Ardsley Way 3/2 now $515K, 1890 Farm Trl 3/2 now $560.4K, 730 Cardium St 2/2 now $574K, 1954 Roseate Ln 3/2 now $585.9K, 610 Hideaway Ct 3/2.5 now $609K, 1925 Roseate Ln 2/2 now $639K, 701 Nerita St 3/2 now $734K, 1567 Sand Castle Rd 3/3 now $799K, 911 Almas Ct 3/2.5 now $1.25M, 4954 Joewood Dr 3/2 now $1.35M, 4630 Rue Bayou 4/4.5 now $1.389M, 1898 Woodring Rd 2/2 now $2.65M, 4709 Rue Belle Mer 3/2 now $2.999M.

5 new sales: 325 East Gulf Dr 1/1 listed at $509K, 513 Lake Murex Cir 3/2 listed at $688K, 592 Sea Oats Dr 3/2 listed at $989.5K, 526 N Yachtsman Dr 3/2 listed at $995K, 1717 Venus Dr 3/2.5 listed at $1.199M.

No closed sales.

LOTS

No new listings.

1 price change: 1246 Seagrape Ln now $2.789M.

No new or closed sales.

Captiva

CONDOS

1 new listing: Lands End #1634 3/3 $2.395M.

2 price changes: Tennis Villas #3120 1/1 now $318K, Lands End Village #1667 2/2 now $1.194M.

1 new sale: Tennis Villas #3137 2/2 listed at $474K.

No closed sales.

HOMES

1 new listing: 16727 Captiva Dr 5/4 $1,999,999.

1 price change: 16525 Captiva Dr 3/4 now $1.459M.

3 new sales: 11501 Laika Ln 3/3 listed at $1.275M, 15831 Captiva Dr 2/2.5 listed at $3.7M, 15819 Captiva Dr 5/5 listed at $9.1M.

1 closed sale: 14980 Binder Dr 4/4 $2.368M.

LOTS

1 new listing: 925 South Seas Plantation Rd $5.899M.

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.

Sanibel beach pix

Until next Friday, hope to see you at the beach!

Susan Andrews, aka SanibelSusan

Almost 2020 On Sunny Sanibel


2017 New Year PixSanibel and Captiva Islands are busy with lots of holiday vacationers. The weather certainly has been wonderful for them with mostly sunny days and temperatures in the mid- to high-70’s, while down into the 60’s at night. Restaurants are reporting waits – so if you are here, be sure to make dinner reservations.

The team advised that yesterday was their first winter 1-hour trek getting off-island at 5 p.m. “Yes, they take the back way.” It’s that time of the year when we plan our travel … by turning right … and allowing plenty of time.

More visitors are expected to arrive tomorrow during Saturday arrivals at weekly rental properties. I will be out during turn-overs showing a few 3-bedroom condos. We had multiple requests for big condos this week. Though, there are 130 Sanibel condos currently for sale, larger units are hard to come by. Those looking for gulf-front 3 bedrooms, there are six available in residential complexes and another seven in complexes that rent weekly. If you want a condo in a particular complex, let us know and we’ll do our best to snoop one out.

Island Sales Stats

sancap GO MLS logoWith it almost the end of the year, below is a snapshot of the Sanibel and Captiva market today. There is plenty of inventory, but we are looking for new listings so please keep us in mind if you know someone thinking of selling.

The below data from the Sanibel & Captiva Islands Multiple Listing Service is as of today, 12/27/19. The activity posted for the last two weeks in the MLS follows a couple of news items:

SANIBEL Condos Homes Lots
No. Avg Price $ No. Avg Price $ No. Avg Price $
For sale 130 806,859 195 1,380,871 72 717,724
Under contract 18 821,555 20 913,575 2 1,672,450
Closed this year 123 701,250 207 954,957 15 372,200
Closed in 2018 155 720,617 218 1,112,748 21 602,095
Closed in 2017 140 728,793 186 1,004,237 32 327,229

 

CAPTIVA Condos Homes Lots
No. Avg Price $ No. Avg Price $ No. Avg Price $
For sale 39 1,140,478 43 3,220,111 4 3,397,250
Under contract 2 514,450 5 3,518,599 0 N/A
Closed this year 29 1,037,077 16 2,808,597 1 1,375,000
Closed in 2018 27 797,532 25 2,127,352 0 N/A
Closed in 2017 34 671,551 22 2,457,023 2 2,312,500

New Year Events

sundial-logoNew Year’s Eve Shellebration at Sundial Beach Resort & Spa with island-style buffet, stilt walker, fire dancer show, games, pie-eating contest, DJ & live entertainment, face painting, fire pit s’mores, free throw contest, WII dance, wishing tree, corn hole, countdown toast. Reservations needed 800-838-3006.

2015 polar bear plunge20th Annual Polar Bear Plunge at noon Jan 1 at Tarpon Bay Beach at 111 Tarpon Bay Rd. Sign in and song sheets available at 11 a.m. Wear a bathing suit and bring a towel, chairs and coolers optional.

Study: Lots of Listings Coming as Baby Boomers Age

From FloridaRealtors®: “Boomers own about 1/3 of all U.S. properties and 27% of them will sell their home within the next 20 years – but some metros will feel the impact more than others.

Florida Realtors logo“SEATTLE – Builders have struggled to overcome land scarcity and rising labor costs and materials. But a flood of homes will come on the market over the next 20 years as baby boomers age – enough to affect local economies in traditional retirement areas.

“Northerners are struggling. They love winter sunshine and low taxes, but a decision to move 1,000 miles to Fla. isn’t easy. Will homesickness set in? How much does a trip “back home” to see family cost? And how much tax savings are we talking about?

“The boomer generation, once 76 million strong in the U.S., dwarfed the 55 million Gen-Xers and 62 million millennials it preceded. Today, the 60-and-older generation owns about a third of America’s homes, and a new analysis by Zillow attempts to show how their aging will impact the housing market.

“The study predicts that a “Silver Tsunami” of sellers will build slowly as the number of adults aged 60 or older pass away each year. However, a rise is expected in the 2020s and 2030s.

“In the decade from 2007 to 2017, roughly 730,000 U.S. homes were released into the market each year by seniors aged 60 or older. From 2017 to 2027 and from 2027 to 2037, that number is set to rise to 920,000 and 1.17 million per year, respectively. This means more than 27% of today’s owner-occupied homes will become available by 2037.

“While virtually all areas will feel the effects to some degree – between one-fifth and one-third of the current owner-occupied housing stock was impacted in every metro analyzed – the wave won’t hit all at once and won’t strike all markets equally.

“Retirement hubs like Florida and Arizona are likely to feel the sharpest impact. If demand erodes because fewer people choose to retire there in the coming years, those areas might end up with excess housing. Also heavily impacted will be regions like the Rust Belt, which saw younger people move away in recent decades, leaving older generations to make up a larger share of the population.

“Some regions will be far less affected. These include Salt Lake City, where a much smaller share of homeowners are in their golden years, as well as Atlanta, Austin, Dallas and Houston – all of which are vibrant but relatively inexpensive places that tend to attract younger residents looking for an affordable alternative to expensive coastal cities.

“Still, the differences in the share of homes released by seniors among metros are small compared to the differences within them. Palm Springs, for example, will see 45% of its owner-occupied homes vacated by 2037, compared with 23.8% of the combined L.A.-Riverside metro area overall. El Mirage and Sun City figure to see nearly two-third of their homes available, compared with 28.2% of the Phoenix area at-large.

“Housing released by the Silver Tsunami – upwards of 20 million homes hitting the market through the mid-2030s – will provide a substantial and sustained boost to supply, comparable to the fluctuations that new home construction experienced in the 2000s boom-bust cycle. Whether this housing is appropriately located, priced and styled to meet future demand, however, will be an important factor in how it pairs with new construction to alleviate today’s housing shortage.

“It seems likely, however, that the construction industry will, over the next 20 years, start to put a greater emphasis on updating existing properties rather than building from the ground up.” © 2019 Florida Realtors®

Sanibel & Captiva Islands Multiple Listing Service Activity December 13-20, 2019

Sanibel

CONDOS

4 new listings: Captains Walk #B3 1/1 $239.9K, Sandpebble #4E 2/2 $489K, Cottage Colony West #134 1/1 $614.5K, Blue Gulf #201 3/2 $1.398M.

5 price changes: Sanibel Arms #B1 1/1 now $449.9K; Seawind #A107 2/2.5 now $574,777; Mariner Pointe #421 2/2.5 now $639K; Heron at The Sanctuary #3B 3/2.5 now $818K; Sanctuary Golf Villages #1-4 3/3 now $838.5K.

3 new sales: Sundial #H211 1/1 listed at $395K, Sundial #C204 1/1 listed at $480K, Loggerhead Cay #134 2/2 listed at $995K.

3 closed sales: Seashells #15 2/2 $425K; Sanctuary Golf Villages #5-1 2/2.5 $736,750; White Pelican #114 2/2 $830K.

HOMES

9 new listings: 569 Lake Murex Cir 3/2 $499.5K; 1845 Ardsley Way 3/3 $599,555; 2065 Wild Lime Dr 3/2.5 $639K; 9418 Moonlight Dr 3/2 $699K; 238 Daniel Dr 3/2 $777,126; 215 Robinwood Cir 4/3 $884,488; 2417 Wulfert Rd 3/3 $1.089M; 707 Anchor Dr 3/2.5 $1.175M; 5618 Baltusrol Ct 4/4/2 $2.195M.

10 price changes: 1954 Roseate Ln 3/2 now $594K, 513 Lake Murex Cir 3/2 now $709K, 405 Tiree Cir 3/2 now $735K, 1351 Middle Gulf Dr #1F (Moonshadows) 3/3 half-duplex now $765K, 1410 Sanderling Cir 3/2 now $835K, 5422 Shearwater Dr 3/2.5 now $899K, 1345 Eagle Run Dr 3/2.5 now $1.049M, 1560 Royal Poinciana Cir 3/2 now $1.05M, 1283 Isabel Dr 3/2 now $1.1M, 500 Sawgrass Pl 8/8/3 now $2.85M.

4 new sales: 257 Daniel Dr 3/2 listed at $750K, 245 Christofer Ct 3/2 listed at $799K, 982 Whelk Dr 3/2.5 listed at $1.15M, 707 Anchor Dr 3/2.5 listed at $1.175M.

5 closed sales: 706 Nerita St 3/2 $774K, 9436 Yucca Ct 3/2 $839K (our buyer, available as a seasonal rental with Sanibel Holiday, called Annabel’s Cottage), 1243 Sand Castle Rd 4/4 $980K, 758 Sand Dollar Dr 3/3 $1.285M, 5723 Baltusrol Ct 4/4.5 $1.8M.

LOTS

1 new listing: 255 Hurricane Ln $399K.

1 price change: 1292 Par View Dr now $349K.

1 new sale: 1800 Woodring Rd listed at $2.595M.

No closed sales.

Captiva

CONDOS

No new listings.

1 price change: Gulf Beach Villas #2112 1/1 now $510.9K.

1 new sale: Bayside Villas #4212 1/2 listed at $368.9K.

1 closed sale: Ventura Captiva #2B 3/3 $875K.

HOMES

No new listings.

2 price changes: 11540 Laika Ln 3/2.5 now $1.299M, 11504 Wightman Ln 4/3.5 now $1.5999M.

No new or closed sales.

LOTS

Nothing to report.

Sanibel & Captiva Islands Multiple Listing Service Activity December 20-27, 2019

Sanibel

CONDOS

2 new listings: Mariner Pointe #1051 2/2 $499K, Oceans Reach #4D1 2/2 $898.5K.

1 price change: Cottage Colony West #101 1/1 now $595K.

2 new sales: Sandpiper Beach #203 2/2 listed at $699K, Sanibel Moorings #1111 2/2 listed at $ 947K.

3 closed sales: Seashells #37 2/2 $405K, Sanibel Siesta #108 2/2 $570K, Kings Crown #213 2/2 $755K.

HOMES

4 new listings: 970 Black Skimmer Way 2/2 $636K, 930 Kings Crown Dr 3/2 $1.295M, 912 Kings Crown Dr 3/3.5 $1.445M, 1480 Middle Gulf Dr 4/4/2 $1.65M.

4 price changes: 9448 Begonia Ct 3/2.5 now $549K (our listing), 1717 Sand Pebble way 3/2 now $635K, 1567 Sand Castle Rd 3/3 now $849K, 2391 Shop Rd 3/2.5 now $1.875M.

Image 3 c.jpg

9448 Begonia Ct in Gumbo Limbo

3 new sales: 569 Lake Murex Cir 3/2 listed at $499.5K, 1269 Par View Dr 3/2.5 listed at $1.099M, 1525 San Carlos Bay Dr 3/2 listed at $1.4695M.

6 closed sales: 1805 Ibis Ln 2/2 $515K, 1585 Bunting Ln 3/2 $545K, 6447 Pine Ave 3/2.5 $552.5K, 1418 Sanderling Cir 3/3 $599.5K, 9440 Cotten Ct 3/2 $617.5K, 707 Cardium St 3/2 $685K.

LOTS

No new listings or price changes.

1 new sale: 2510 Coconut Dr listed at $749.9K.

No closed sales.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Bayside Villas #5316 3/3 listed at $660K.

1 closed sale: Captiva Hide-a-Way #2D 2/2 $835K.

HOMES

3 new listings: 11521 Laika Ln 3/3 $1.385M, 15843 Captiva Dr 3/3 $7.489M, 16500 Captiva Dr 6/6/2 $7.989M.

2 price changes: 11525 Wightman Ln 3/2 now $1.225M, 11504 Wightman Ln 4/3.5 now $1.5999M.

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.

IMG_9002

Granddog, Bella, checking out the office Christmas tree!

Best wishes for a wonderful New Year!

Susan Andrews, aka SanibelSusan

 

 

Happy November Has Begun on Sunny Sanibel


Though November is here, it was sunny summer weather again this week on Sanibel and Captiva Islands. The bright blue skies are great, but it would be wonderful to be rid of record-breaking high temperatures. Looking ahead, the island forecast calls for temperatures in the mid-80’s for the next ten days. If we get lucky, some evenings may go down into the high 60’s.

At SanibelSusan Realty

office pix 09-12-17At the office, I was out showing property two days which resulted in a home sale today, while teammate Dave also showed property and opened listings for showings, plus accompanied home inspectors, contractors, and held some Open Houses. Business is picking up and the roadways are busier too. The report of the week’s action posted in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

Red Tide Update

This week, evidence and reports of red tide have varied day-to-day and hour-to-hour with changes in wind direction, tides, and weather. The latest red tide sampling map posted by Florida Fish & Wildlife Conservation Commission shows high concentrations at Blind Pass, just off the Captiva beach, and in Pine Island Sound. Medium concentrations are noted at beach at end of Tarpon Bay Rd and at Lighthouse Beach. Concentrations also are high on Fort Myers Beach, Bonita Beaches, and Naples. A cool snap sure might help.

Ground Breaking for C-43 Reservoir

C43 reservoir.jpgOne water quality solution is the new Caloosahatchee (C-43) West Basin Storage Reservoir which will intercept and store water released from Lake Okeechobee and stormwater runoff. It will reduce discharges from the lake into the Caloosahatchee Estuary during the rainy season and will allow water managers to deliver freshwater to the river and the estuary during the dry season when it is needed.

Last Friday, Florida Gov. Ron DeSantis visited the C-43 site to break ground on the embankments and canals. “This is a big step forward in expediting one of our most important Everglades restoration projects,” DeSantis said. “Once complete, the C-43 Reservoir will store approximately 55 million gallons of water, with 19 miles of embankments and 15 miles of canals to reduce harmful discharges from Lake Okeechobee and help bring the Caloosahatchee River and Estuary back to health. I thank our partners at the South Florida Water Management District (SFWMD) and the Department of Environmental Projection who I know will work hard to see this project through.”

sfwmd LOGOIslanders continue to also sing the praises of Sanibel resident Chauncey Goss, SFWMD Governing Board Chairman. The SFWMD is working to build the embankments and perimeter canals, allowing the two-cell reservoir to hold 170,000 acre-feet of water. Fourteen water control structures and public recreational features also will be incorporated into the site which is expected to be completed by the end of 2023.

Island Happenings

2019 HalloweenThere were lots of island Halloween events yesterday for both children and grown-ups, including a costume contest at the Association of Realtor® Caravan Meeting. Those Thursday morning meetings where we announce new listings, new sales, and price reductions will continue right through “season”. SanibelSusan’s fortune-teller costume lost out to Willy Nelson and another called “Condo Rider”, but my prediction stands for strong healthy real estate sales this winter.

sanibel Jazz festival pixSunday, Nov 3 – Fourth Annual Sanibel Blues & Jazz Fest – from noon to 7 p.m. at Bailey’s Backyard behind Bailey’s Shopping Center. Bring your own chair, food & beverages available for purchase. $20 general admission at the event entrance. Funds raised aid the Sanibel-Captiva Optimist Club charities.

Roadways & Construction

Sanibelcityseal logoHere are a few areas where you may experience road delays next week. Info from http://www.mySanibel.com.

Periodic Lane Closures Coming on Island – The project to install new overhead signs approaching the island, on McGregor Blvd (Summerlin between Shell Point and the toll both) has been extended through next Fri, Nov 8.

Inspection of 3 Bridges – by Florida Department of Transportation will occur on the causeway bridges between Nov 5 and 7. The first two days most of the work will be done from barges below, but on Thursday, there may be roadway lane shifts.

Vegetation Trimming – on south side of San-Cap Rd from Blind Pass to Tarpon Bay Rd through next Friday, Nov 8.

Sanibel & Captiva Islands Multiple Listing Service Activity October 25 – November 1, 2019

paragon black knight logoSanibel

CONDOS

8 new listings: Spanish Cay #F8 2/2 $399K, Sundial #H307 1/1 $419K, Sundial #C210 1/1 $485K, Mariner Pointe #721 2/2 $534K, Sanibel Siesta #108 2/2 $579K, Compass Point #222 2/2 $695K, Kings Crown #213 2/2 $799K, Sanctuary Golf Villages #4-1 3/3 $925K.

4 price changes: Cottage Colony West #102 1/1 now $589K, Island Beach Club #P1A 2/2 now $619K, Loggerhead Cay #192 2/2 now $745K, Sanibel Moorings #1111 2/2 now $947K.

4 new sales: Yacht Haven #4 3/2 listed at $869K, Compass Point #181 2/3 listed at $1.195M, Villas of Sanibel #A102 3/3 listed at $1.295M, Gulfside Place #326 2/2 listed at $1.449M.

No closed sales.

HOMES

5 new listings: 5303 Ladyfinger Lake Rd 3/2 $679K, 3256 Twin Lakes Ln 3/3 $724.9K, 706 Nerita St 3/2 $774K, 1031 Sand Castle Rd 3/3 $820K, 938 Pecten Ct 3/2.5 $1.039M.

5 price changes: 430 Old Trail Rd 3/2.5 now $579K, 4245 Gulf Pines Dr 3/2 now $700K, 1717 Venus Dr 3/2.5 now $1.199M, 872 Limpet Dr 3/3 now $1.495M, 1238 Isabel Dr 4/4.5 now $3.595M (our listing).

View

The home is just as stunning as the view at 1238 Isabel Dr in Sanibel Harbours!

 

4 new sales: 256 Daniel Dr 3/2 listed at $747K, 9436 Yucca Ct 3/2 listed at $839K (our buyer), 788 Nerita St 3/3 listed at $887K, 5615 Baltusrol Ct 4/6/3 listed at $2,999,999.

3 closed sales: 1060 White Ibis Dr 3/2 $735K, 1305 Eagle Run Dr 3/2.5 $925K, 772 Birdie View Pt 3/3.5 $1.1M.

LOTS

No new listings.

1 price change: 1303 Par View Dr now $319K.

No new or closed sales.

Captiva

CONDOS

No new listings, price changes, or new sales.

2 closed sales: Sunset Beach Villas #2216 1/1 $483.5K, Beach Villas #2426 1/1 $512.5K.

HOMES

1 new listing: 14865 Mango Ct 2/2 $1.295M.

1 price change: 15879 Captiva Dr 3/3 now $2.489M.

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.

We love fallUntil next Friday, here’s to a new month and more fall fun!

Susan Andrews, aka SanibelSusan

It’s a Colorful Time… Vivid Rosy Bougainvillea, “Pink Out”, & …


Happy Friday, everyone! Following another sunny week on Sanibel Island, rain is expected to begin here soon. The tropical storm passing in the northern Gulf of Mexico is forecast to produce scattered showers over SW Florida into tomorrow afternoon. We need the rain.

Dry late fall weather usually gets bougainvillea trees and bushes blooming. Below are some that I noticed on my ride home last night. They are at the Pointe Santo entrance.

IMG_8830

Mine at home are starting to pop out too. This photo from Nov 2018.IMG_7125.jpg

Red Tide

The news that I don’t like reporting is that locals and visitors are in a tizzy about red tide. The City’s panoramic aerials posted Tuesday afternoon (link here), show such a huge difference in how the water looks now compared to last year at this time, that was it heartbreaking to read that the Marine Lab had done local testing and found presence of the red tide organism in some areas. Below is the message posted Tuesday night on social media by the Sanibel-Captiva Conservation Foundation:

2019-10-15 SCCF“Research scientists from SCCF’s Marine Lab took water samples on a short cruise today on the lower Caloosahatchee River, San Carlos Bay and into the Gulf of Mexico. They found Karenia brevis, the organism that blooms into red tide, present at all sites sampled. The maximum concentration they found was 880,000 cells/liter two miles offshore of Tarpon Bay Rd Beach on Sanibel. Levels higher than 100,000 can result in fish kills and respiratory irritation in humans. Next week, they will do a more expansive cruise into the Gulf from North Captiva Island to Sanibel. Stay tuned for ongoing updates.”

That posting sparked some questions, so they further clarified saying: “Our Marine Lab’s testing is part of a National Science Foundation (NSF) RAPID grant to study harmful algal blooms (HABs). The NSF grant is intended to investigate how the intensity of red tide blooms is “related to nutrients in freshwater releases from Lake Okeechobee, a large inland lake in south-central Florida that is managed for flood prevention.” The research will contribute to the lack of “strong scientific evidence to support the connection between the red tide and Lake Okeechobee water releases.” The objective of the project is to provide water quality data prior to and throughout major freshwater releases. These data will provide insight into cause-and-effect relationships between freshwater releases, and algal blooms.”

SCCF logoWith SCCF reporting the highest number of organisms around the island off the beach at the end of Tarpon Bay Road, it is not surprising that this same area produced complaints, both yesterday and today, from beachgoers experiencing respiratory irritations. Some marine life also has washed ashore. Teammate Dave reported a noticeable smell on his drive over the causeway last night.

As a reminder, there had been no releases from Lake O all summer until just over a week ago when small releases were sent this direction to dilute the salinity in the estuary. This was to help the health of seagrasses in areas that had not received rain in recent weeks.

Prior to these reports, recent red tide incidents were mostly further south in the Naples/Marco Island area. Not a good omen for things to get better soon is the forecast for winds from the south all weekend.

Annual Meeting Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday was the annual meeting of the islands’ Association of Realtors®. Congratulations to newly elected board members, Realtors® Greg Demaras, Mike McMurray, and Janka Varmusa. With over 250 Realtor® members and nearly 150 Affiliate members, the Sanibel & Captiva Association is vibrant healthy and ready for “season”.

Caravan meetings will continue Thursday mornings biweekly until the end of the month, when we celebrate Halloween (costume contest) and revert to the “season” weekly schedule rotating from East End to West End. All winter you can expect to see Open Houses on Thursday mornings from 9 a.m. until noon. City rules allow only two open houses a month, up to 4-hours each, while Association MLS rules allow only one Caravan Open House every six months. You can be sure that we follow the rules and also try to schedule these events when they produce the most results.

Between now and the end of the year, the Association will continue to collect non-perishable food for the F.I.S.H. food pantry. Since Hurricane Irma and the water quality issues last year, local food needs have increased with supplies depleting quickly. Members and friends are encouraged to bring donations to either the Association of Realtors® Office at 2353 Periwinkle Way, Suite 201 (over Finnimore’s Cycle) or at F.I.S.H. at 2430-B Periwinkle Way (behind Bleu Rendez-Vous Bistro). The F.I.S.H. Food Pantry is open from 10 a.m. to 3:45 p.m.

After work on November 14, the Association will hold its annual “Fall Into Christmas” fundraiser for local charity “Friends Who Care”.

At SanibelSusan Realty Associates

2017-09-12 OfficeThe Association’s new Multiple Listing Service (MLS) provider offers a variety of new reports and advertising opportunities. Yesterday, Elise mailed our team’s monthly summary progress report letters which included the Islands’ 3rd Quarter Market Report. Lingering evidence of the market downturn from the water problems last year remains.

Below is an update of Sanibel’s inventory today. As the island gets busier, likewise, more listings come on the market every day. Both number of sales and average sale prices are off, even when compared to last year. That could change last quarter which is when we see the most sales to those wanting to winter in paradise or benefit from owning in 2020.  For arriving buyers, there is plenty of good well-priced inventory for them.

Sanibel Inventory
Condos Homes Lots
Status # Price $ DOM # Price $ DOM # Price $ DOM
For sale 108 839,859 196 142 1,338,771 171 67 730,723 442
Under contract 9 861,322 128 23 886,254 106 3 321,333 74
Sold 2019 thru 10/18 101 667,163 151 172 972,271 173 12 392,333 816
Sold 2018 155 720,617 172 218 1,112,748 162 21 602,095 240
Sold 2017 140 728,793 188 186 1,004,237 163 32 327,229 504

 

Event Reminders

Ding Darling Day31st Annual “Ding” Darling Day – Free Family Fun Day – Sunday, Oct 20, all day beginning at 8 a.m. More info at www.DingDarlingDays.com

breast cancer month8th Annual “Let’s Pink Out” – Thursday, Oct 24, Breast Cancer Awareness Celebration & Luncheon from 11:30 a.m. to 1:30 p.m. at Sanibel Fire & Rescue District Station #1 on Palm Ridge Road. Saturdays, all month, from 9 a.m. to 5 p.m. “Pink Out” volunteers are bagging groceries at Bailey’s for tips. Donations collected go to F.I.S.H. to help those in the community with cancer-related needs.

Rising Financial Wealth Boosts Demand for Vacation Homes

RSPS-Resort-Second-Home-Property-Specialist-Real-Estate-DesignationAs the instructor for the local class on the Resort & 2nd Home Market, I carefully follow the statistics published by the National Association of Realtors® (NAR) and their newsletter from the RSPS (Resort & 2nd-Home Property Specialist) group. Here are some excerpts from an article they published on Oct 10, 2019:

“Increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes, according to the National Association of Realtors® 2019 U.S. Vacation Home Counties Report, https://www.nar.realtor/research-and-statistics/research-reports/us-vacation-home-counties.

“Between 2013 to 2018, the median sales price in vacation home counties increased at a slightly higher pace of 36% compared to the pace of increase of all existing and new homes sold,1 at 31%. Median price increases occurred across both expensive and inexpensive areas. The counties with the highest price increases during this five-year span were in three states: Pennsylvania, which includes Pike and Monroe counties; Wisconsin, which contains Price and Washburn counties; and Massachusetts, which includes Nantucket.

“Lawrence Yun, NAR’s chief economist, says the present figures are telling, especially when compared to data from 10 years prior. “As of 2018, household net worth reached an all-time high of $100.3 trillion – that’s nearly double from a decade ago when wealth declined during the recession. Some of this tremendous growth in wealth, although concentrated, increased demand for vacation homes.”

“Although most homebuyers purchase their residence with an intent to use the property as a primary home, that is not the case for all buyers. In fact, a portion of homeowners purchase a second home expecting to use it as a general family vacation spot, as a tenant rental, a means to gain equity, or – upon retirement – a future primary residence….”

Sanibel & Captiva Islands Multiple Listing Service Activity October 11 – 18, 2019

Sanibel

CONDOS

7 new listings: Blind Pass #F204 2/2.5 $455K; Sanibel Arms West #I7 2/2 $579K; Cottage Colony West #102 1/1 $609,906; Sanibel Surfside #132 2/2 $925K; Sundial #K402 2/2 $1.1899M; Compass Point #181 2/3 $1.195M, Pointe Santo #E24 3/2 $1.425M.

4 price changes: Compass Point #221 2/2 now $695K, Loggerhead Cay #553 2/2 now $699K, Yacht Haven #4 3/2 now $869K, Gulfside Place #222 2/2 now $1.395M (our listing, photos below).

1 new sale: Wedgewood #305 3/3.5 listed at $1.495M.

No closed sales.

HOMES

4 new listings: 1356 Jamaica Dr 2/1.5 $587K, 6033 Dinkins Lake Rd 3/3.5 $799K, 1567 Sand Castle Rd 3/3 $897K, 261 Ferry Landing 2/2 half-duplex $1.095M.

7 price changes: 1585 Bunting Ln 3/2 now $575K, 9446 Beverly Ln 3/3.5 now $669K, 1559 Sand Castle Rd 3/2 now $715K, 707 Cardium St 3/2 now $729K, 1667 Venus Dr 3/2 now $1.1M, 1307 Par View Dr 3/3 now $1.149M, 2964 Wulfert Rd 5/5.5 now $3.699M.

3 new sales: 335 Cowry Ct 4/3.5 listed at $799.9K, 9094 Mockingbird Dr 4/3.5 listed at $895K, 836 Sand Dollar Dr 3/2/2 listed at $1.295M.

5 closed sales: 970 Greenwood Ct 3/2.5 half-duplex $398.5K, 1441 Sand Castle Rd 3/2.5 $639K, 2719 Wulfert Rd 4/4/2 $1.2M, 1136 Golden Olive Ct 4/4.5 $2.51M, 2915 Wulfert Rd 5/6.5 $2.7225M.

LOTS

No new listings.

1 price change: 4538 Bowen Bayou Rd now $220K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5234 1/2 $415K.

1 price change: Beach Homes #2 3/2 now $1.899M.

No new or closed sales.

HOMES

1 new listing: 11515 Gore Ln 5/4.5 $2.45M.

No price changes or new sales.

1 closed sale: 14981 Binder Dr 3/3 $957K.

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.

girl-standing-in-rainUntil next Friday, Susan Andrews, aka SanibelSusan

No Snow Here, But This Egret Sure is White!


It’s SanibelSusan reporting that the island roadways are getting busier. With 2018 off, it sure is great to again see activity pick up in October. In the summer, I often make a quick trip home during the noon lunch hour. That 2.9-mile trip up Periwinkle, in the off-season, usually takes about seven minutes. By yesterday, that time had expanded to 15 minutes. But, that’s OK, businesses need those returning owners and visitors.

Island friends, Ed and Ellie stopped in this week to say “hello” and Ellie shared the below photo she took at the Sanibel fishing pier. I told her this beauty will be the star of this week’s blog! It’s a beautiful great white egret (I think), not a snowy egret. Those are smaller and have the opposite coloring – still bright white, but black beak and yellow feet. Great white herons are similar too. Also large and their coloring is like the great white egret, but they have large heavy bills. If I guessed wrong, I bet a birder will set me straight!

2019-10 Ellie's bird

It still feels like summer! Weather this week cooled down to the high 80’s (degrees F) during the days, low 70’s at night – mostly sunny with occasional showers inland off-island. We need rain, so on Saturday the Army Corps of Engineers initiated minimum water flows from Lake O to the Caloosahatchee estuary. During certain times of the year, scientists say water releases like this are necessary to maintain a health estuary. The releases were expected to continue until tomorrow.

With the news reporting big weather changes elsewhere – huge temperature drops, plus snow and ice storms. That should make Sanibel & Captiva even more appealing.

Teammate Elise advises that the Lee County Schools first quarter ends today – that was fast. Local kiddos also get a full week off for Thanksgiving vacation this year, usually they just get a few days.

We did not have a local Association of Realtors® Caravan meeting this week. Next Thursday is our annual meeting. After a few news items below, check out the action since last Friday reported in the Sanibel & Captiva Islands Multiple Listing Service. You will notice that in comparison to last week, there was not much. We hope that changes with the holiday weekend and that you enjoy your weekend too!

Vice President Pence to Visit Sanibel Again This WeekendVice Presidents Logo

Once again, the island is a twitter with the news that Vice President Mike Pence is expected to make another trip to Southwest Florida this weekend. A TFR (Temporary Flight Restriction) has been issued for VIP movement at Southwest Florida Regional Airport and southern Sanibel Island from Thursday at 11:45 p.m. through Sunday at 12:00 p.m.

During that time, the airspace around Sanibel has been designated as “national defense airspace,” which is common when the president or vice-president visits an area. The Sanibel Causeway and other roads are expected to close at times during the high-profile visit, but please know that it is not much of a disruption. He stays at a client’s home here that is off the beaten path so unless you happen to be on Periwinkle or the Causeway when he is on the move, you probably won’t even know that he is in town.

Process for Registering Sanibel Short-Term Rentals

Sanibelcityseal logoRecently, Sanibel City Council approved establishing a registration process for island short-term rentals. Council supports an ordinance to create registration of dwelling rentals and rental licenses. The purpose of the process is to regulate and ensure compliance of non-resort housing and platform vacation rentals like Airbnb and to preserve the character of residential neighborhoods. (It is basically a record and licensure process to ensure that rules already in place are followed. Sanibel Code says that compliant resort dwellings have no rental time or frequency limit, while non-resort dwellings must be rented for four consecutive weeks or more.) More on this in the weeks to come.

Events & ReOpenings

“Season” begins with lots of annual happenings:

Sanibel shellsSanibel-Captiva Shell Club – Though the Shell Museum remains closed while the new Aquarium construction completes, the Sanibel-Captiva Shell Club’s first meeting of the season is this Sunday, October 13 at the Sanibel Community House beginning at 2 p.m.

historical village logoSanibel Historical Village – reopens Tues, October 15 and will be open Tues-Sat from 10 a.m. to 4 p.m. with guided tours at 10:30 a.m. and 1:30 p.m. Season highlights include several Twilight Talks and their annual gala fundraiser February 18 at The Community House. The talks are at noon on the 1st Mondays, December through March. New museum volunteers are always needed. Training begins November 4. More info at www.sanibelmuseum.org

Tower gallery13th Annual Tower Gallery Attic Sale– Fri & Sat, October 18 & 19 from 10 a.m. to 4 p.m. www.towergallery.net

 

4th Annual Sanibel Blues & Jazz Fest – Sun, November 3 from noon to 7 p.m. in the backyard of Bailey’s Center sponsored by the Sanibel-Captiva Optimist Club. Annual fundraiser for the club’s charities, including scholarships and summer youth programs at the Sanibel Rec Center. sanibel Jazz festival pixPerformances by islander Johnny Jensen at 1 p.m., the local Marty Stokes Band at 2 p.m., Sean Chambers featured on the U.S. Billboard Blues Album Chart at 3:30 p.m., & British Blues Hall of Famer Matt Schofield at 5 p.m. A jam session featuring all of the performers ends the event. Tickets at www.eventbrite.com, Bailey’s General Store, Sanibel-Captiva Community Bank, & George & Wendy’s Seafood Grille.

Hobie cat race 2019.pngSouth Seas Hosting World Championship Hobie Class Races – from Nov 1-16. This is the 1st time since 1984, that these races are being held in the U.S. and the 1st time in SW Florida. According to race organizers, the Hobie 16 World Championships is the only sailboat class in the world to supply brand new identical boats for all competitors to race. The course will be just off Sunset Beach, at the north end of Captiva. Sailboat racing fans may enter the resort entry gate and proceed to hotel registration where $5 per vehicle will be collected, parking pass issued, and wristbands provided for each spectator. Tickets also are available for special events (www.hobieclass.com).

crow-logo2019 Taste of The Islands – Sun, November 10 from noon to 5 p.m. at Sanibel Community Park with CROW’s animal ambassadors and silent auction in The Community House. The participating restaurants were announced this week including The Bubble Room, The clam Shack, Doc Ford’s Rum Bar & Grille, The Jac Island Bar & Grille, Matzaluna The Italian Kitchen, MudBugs Cajun Kitchen, Rosie’s Café & Grill, Sanddollar Restaurant, Sanibel Deli & Coffee Factory, Sanibel Fish House, Shima Japanese Steakhouse, T2 (Traders 2), Thistle Lodge, and The Timbers Restaurant & Fish Market.

coastal keepers loglCoastal Watch 3rd Annual Fundraiser, The Launch – Sat, November 16 from 6 to 10 p.m. at The Community House, in support of local conservation initiatives.

UCF Economist: Recession No Threat to Florida

Florida Realtors logoThe below article was posted on-line this week at Florida Realtors®.

“ORLANDO, Fla. – Sean Snaith, director of the University of Central Florida’s Institute for Economic Forecasting, expects Florida’s economy to grow faster than the U.S. economy over the next three years.

His third-quarter economic forecast indicates that the state’s “powerful” economy will produce a higher percentage of jobs than the nation and attract more job seekers from other states through 2022. Snaith predicts that much of the job growth will come from the professional/business services, education/health care services, and construction sectors.

““Florida’s economy continues to hit on all cylinders, and there are no economic storm clouds on the horizon,” he says. “Our biggest challenge over the upcoming years will revolve around how best to manage and facilitate economic growth.” In addition, Snaith says the fundamentals of the state’s housing market remain “solid,” and economic and job growth and the influx of retiring baby boomers should continue to support the upward trend on sales.

““Low inventories of existing homes for sale and lagging housing starts growth contribute to an environment where home prices continue to rise,” Snaith adds. “The shortage in the single-family market will be rectified as the pace of single-family housing starts to ramp up over the next several years. Single-family housing starts in 2022 are expected to increase by 79.7% from 2014 levels.””

Source: Sarasota Herald-Tribune (10/03/19) Hielscher, John

© Copyright 2019 INFORMATION INC., Bethesda, MD (301) 215-4688

Sanibel & Captiva Islands Multiple Listing Service Activity October 4 – 11, 2019

Sanibel realtors logoSanibel

CONDOS

3 new listings: Sunset South #2C 2/2 $609K, Sanibel Inn #3512 2/2 $727.5K, Sundial #J208 2/2 $769K.

No price changes, new, or closed sales.

HOMES

3 new listings: 610 Hideaway Ct 3/2.5 $629K, 1163 Seagrape Ln 4/4 $1.295M, 550 N Yachtsman Dr 3/3 $1.35M.

5 price changes: 1401 Sandpiper Cir 3/2.5 half-duplex now $504.9K, 1717 Sand Pebble Way 3/2 now 645K, 1676 Middle Gulf Dr 3/2 now $825K, 1285 Par View Dr 4/2.5 now $889K, 982 Whelk Dr 3/2.5 now $1.15M.

3 new sales: 1800 Ardsley Way 3/2 listed at $695,555; 198 Southwinds Dr 3/2 listed at $699.9K; 823 Birdie View Pt 4/3 listed at $799K.

No closed sales.

LOTS

No new listings.

1 price change: 1837 Buckthorn now $629K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Lands End Village #1619 2/2 $1.549M.

2 price changes: Bayside Villas #5136 1/2 now $419K, Bayside Villas #5228 1/2 now $429K.

No new or closed sales.

HOMES

1 new listing: 11528 Andy Rosse Ln 1/2.5 $2.9M.

No price changes.

1 new sale: 17041 Captiva Dr 2/2 listed at $1.699M.

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.

christopher-columbus-day-clip-art-661308Best wishes for a fun holiday!

SanibelSusan Realty will be open so you won’t need Columbus. We can help you find what you want!

Susan Andrews, aka SanibelSusan

 

Sanibel/Captiva Real Estate Action This Week


cartwheelHappy Friday! It has been a week with a little more activity on the islands. Our listings certainly got more action, including two sales and a couple of price reductions. Teammates and I were out showing and viewing property, and we also got two new listings. Hopefully, this is an indication that the market is picking up.

A report with the details of the action since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

Sanibel & Captiva Island Association of Realtors®

Sanibel realtors logoThis week, there was no Thursday morning Realtor® caravan of new listings. The bi-weekly summer schedule ends at the end of October when it reverts to every week. Our new listing at Pine Cove #201 will be open for caravan next week (9 a.m. to noon).

SCCF Sea Turtle Program 2019

kemp turtleDetails about the 2019 Sea Turtle tagging project are in “SCCF’s Member Update” Oct 2019 issue. Since the project began in 2016, their team has documented 1,178 encounters with turtles on the beach at night, representing 587 unique individuals. When a turtle is encountered, she is scanned for existing tags, tagged if none are found, and measured with calipers and a measuring tape.

Of the 587 seen, 236 have been encountered more than once. Sea turtles don’t nest every year – each individual lays approximately 3-6 nests over the course of the season and then spends a year or two foraging to replenish her energy reserves before returning to the nesting beach.

The 2019 season is the 4th year of the tagging project. “Highlights of the 2019 tagging season include:

  • A new record of 353 documented turtle encounters from May 1 – July 31
  • Six green sea turtles seen on Sanibel, totaling 18 observed nests
  • The average loggerhead carapace size was 94.5 cm (slightly over 3 feet), with their largest loggerhead measuring at 115 cm (almost 4 feet long).
  • Staff interacted with 1,126 beachgoers at night to educate them about the impacts of flashlights on sea turtles.”

More info at www.SCCF.org.

A Mixed Economic Picture Ahead

REALTOR-Magazine_Logo_An interesting update in the September-October 2019 “Realtor®” magazine by NAR’s chief economist, Lawrence Yun. He says, “Home building is accelerating, but sales continue to lag.”

“Annual home sales have been moving sideways in recent years: 5.4 million in 2016, 5.5 million in 2017, and 5.3 million in 2018. As of June, this year’s total stands to be 5.2 million on an annualized basis.

“These flat numbers make little sense in light of the decent economy. From 2016 through the first half of 2019, the economy added 8 million net new jobs at higher pay. Moreover, household net worth grew by $13.5 trillion, thanks to the rising stock market and surging real estate prices. The unyielding homeownership rate has lead to a more concentrated build-up in wealth than if ownership had expanded.

“Perhaps reduced tax benefits for homeowners is the main reason the home sales have become sluggish. Fortunately, the market is shifting for the better because of amazing mortgage rates. The Federal Reserve’s decision to be more accommodating has brought mortgage rates down to under 4%. The housing supply remains a hurdle but steadily homebuilders are responding by building more spec homes and at lower price points, where the demand remains the strongest. Realtors® are also witnessing an uptick in seller inquiries in our consumer survey. Consequently, pending contracts rose in June in all major U.S. regions, marking the first year-over-year gain in 17 months. Barring headaches over inspections, appraisals, and mortgage funding, closing activity is expected to shoot higher in the second half of the year.

“And the economy still has room to grow. Home building needs to increase robustly to address the inventory shortage. And falling vacancy rates in office, industrial, and apartment properties suggest commercial construction needs. The main looming worry is the impact of the intensifying trade war on corporate investment and the stock market. In a good economy, business investment should be rising around 5% or more – certainly roughly in line with the growth in profits, which have soared. That’s not happening, and it’s of concern.”

Fall Home Checklist

Florida Realtors logoWhether you are in Florida or elsewhere, here is a good Fall Home Checklist reminder taken from an article posted in the September issue of Florida Realtor® magazine:

Exterior

  • Trim tree branches and vegetation near roof
  • Check roof, siding and foundation for damage
  • Check chimney for loose bricks and missing mortar
  • Clean gutters and downspouts. Make sure water doesn’t pool around foundation
  • Seal gaps and holes that could provide access for animals
  • Replace loose or missing caulking around windows and doors
  • If area is subject to freezes, shut off exterior faucets and irrigation system and store hoses

Interior

  • Check attic and crawl spaces for leaks and moisture after wet weather
  • Check caulking around faucets showers, bathtubs, sink and toilets
  • Check faucets and supply valves for leaks or corrosion
  • Inspect water heater for leaks
  • Test smoke and carbon monoxide detectors
  • Have a professional inspect/clean the chimney. Test fireplace flue for tight seal
  • Test circuit breakers and ground-fault/arc-fault interrupters
  • Consider hiring a professional to inspect and tune up your furnace/HVAC system
  • Change HVAC system filters and remove any materials that block return air vent
  • Clean dryer vent.

Sanibel & Captiva Islands Multiple Listing Service paragon black knight logoActivity September 20 – 27, 2019

Sanibel

CONDOS

3 new listings: Sandpebble #1A 2/2 $449K, Signal Inn #18 3/2 $1.175M, Pine Cove #201 3/2 $1.395M (our listing).

Lanai c

From the wrap-around balcony at Pine Cove #201.

2 price changes: Signal Inn #10 1/1 now $499.9K, Signal Inn #14 2/2 now $739K.

3 new sales: Sanibel Arms West #I1 2/2 listed at $569K, Sunset South #6B 2/2 listed at $575K, Sanibel Moorings #1341 2/2 listed at $680K.

1 closed sale: Pointe Santo #B2 2/2 $640K.

HOMES

4 new listings: 1365 Tahiti Dr 2/2 $449K (our listing), 1695 Serenity Ln 3/2 $499K, 1672 Hibiscus Dr 3/2 $959K, 1121 Skiff Pl 3/3 $995K.

20190927_102647.jpg

1365 Tahiti Dr in Tradewinds

6 price changes: 405 Tiree Cir 3/2 now $749K, 1672 Hibiscus Dr 3/2 now $959K, 5402 Osprey Ct 4/3 now $975K, 842 Limpet Dr 3/3.5 now $2.095M (our listing), 1069 Bird Ln 4/3.5 now $4.795M, 4143 West Gulf Dr 3/3.5 now $5.795M.

DCIM100MEDIADJI_0795.JPG

842 Limpet Dr in Shell Harbor

5 new sales: 681 Rabbit Rd 3/2 listed at $549K, 1558 Sand Castle Rd 3/2 listed at $599K (our listing), 1010 Kings Crown Dr 3/3 listed at $1.095M, 1345 Tahiti Dr 3/2.5 listed at $1.15M, 4709 Rue Belle Mer 3/2 listed at $3.125M.

default

1558 Sand Castle Rd in The Dunes

3 closed sales: 1203 Kittiwake Cir 3/2.5 $505K, 640 Oliva St 3/2 $649K, 2689 Wulfert Rd 4/5.5 $1.6335M.

LOTS

No new listings.

1 price change: 2133 Starfish Ln now $389K.

1 new sale: 5737 Baltusrol Ct listed at 299K (our listing).

zpfile003

5737 Baltusrol Ct in The Sanctuary

No closed sales.

Captiva

CONDOS

1 new listing: Sunset Beach Villas #2217 1/1 $510K.

No price changes or new sales.

1 closed sale: Sunset Captiva #204 2/2 $1M.

HOMES

1 new listing: 11540 Laika Ln 3/2.5 $1.375M.

1 price change: 16525 Captiva Dr 3/4 now $1.495M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

Wondering About Sanibel/Captiva Real Estate?


Happy Friday the 13th from SanibelSusan. It has been a very quiet week on the islands. Last weekend, when I manned the office, it was fun to write and negotiate an offer. Those are the best kind of surprises, particularly when it’s a sight-unseen purchase. That sale was one of the few posted in the Sanibel & Captiva Islands Multiple Listing Service (MLS) this week, actually the only Sanibel condo sale. Details of all the action posted since last Friday are after a few news items below.

Gulf & Bay Waters Around Sanibel & Captiva

Last weekend, the aftermath of Dorian created a little havoc with red drift algae washing up on some Sanibel beaches (mostly east-end) and creating a bit of a stink. Or the thought was that rotting algae was the cause of the smell.

After complaints, the City brought in equipment and started cleaning up the algae at Lighthouse Beach. Click on the link below to see the drone aerials taken for the City on Tuesday morning. If you pan onto the beach near the “green roof” on the south side at Lighthouse beach, you will see the equipment and workers then, removing the algae. https://cityofsanibel.s3.amazonaws.com/LH9-10-19/index.html?fbclid=IwAR3DSv2s_4RWlDscmsk_zRVIhkolOVaUaKd-wfI9avKwWn4WVxL5FxdQTyQ

As follow-up, the City posted condition reports for several days on www.mySanibel.com about each of the island beaches. But, by Wednesday the beaches were all clear with the nasty odors gone. Some say that it could have been the offshore water itself that was creating the smell, from decayed material on the gulf floor that was stirred up during the hurricane. Mid-week, the wind had changed direction. That is when it all changed – a good example of how the beaches, like the shelling, can be different every day.

The picture below was posted today on the “Sanibel Island” Facebook page and described as in front of the Sanibel Inn at 10:15 a.m. this morning. The Sanibel Inn is at the end of Lindgren Blvd which is a continuation of Causeway Rd, so the photo is a good representation of what the east-end beach looks like. Thank you to Gina Frasca for sharing her photo.

2019-09-13 Sanibel Inn

Comparing water quality this summer to last year, this year there has been no evidence of red tide. Though the water level is high at Lake O, there have been no water releases this direction for many months. Fingers crossed that no more tropical storms come this way or that rains linger over the lake.

Peak hurricane time passed this week, as we remembered Hurricane Irma from two years ago. Now we look forward to November 30, when the 2019 hurricane season officially is over.

It has been bright sunny and warm here pretty much all week, but a few showers just began and are expected to occur off-&-on over the next few days as the tropical disturbance out in the Atlantic travels up the eastern seaboard.

76% of All Home Buyers Use Their Phones to Find Properties

REALTOR-Magazine_Logo_Wondering how real estate is done in today’s digital age? The below article by Information, Inc. was published last month by the National Association of Realtors®.

“CHICAGO – Buyers turn to mobile devices to find properties and connect with real estate agents. This puts increasing importance on real estate pros to make sure websites are mobile friendly and connecting to clients in the ways that they desire.

“The typical home buyer used a mobile device to search for properties online, looking at websites with photos, home listings, and information about the homebuying process, according to the newly released “Real Estate in a Digital Age 2019 Report” published by the National Association of Realtors® (NAR) that looks at technology use within transactions.

“Overall, 76% of all buyers say they found their home on a mobile device – and 17% said they found their agent on a mobile device. The younger the buyer, the more likely they are to use mobile searches. Eighty-one percent of older millennials, 80% of younger millennials, and 78% of Generation X found their home on a mobile device compared to 68% of younger baby boomers, the NAR report finds.

“Type of communication – Ninety-three percent of real estate pros surveyed said they prefer to communicate with clients through text messaging, phone calls (93%) and email (92%). The mediums were more popular than instant messaging (38%) and postal mail (27%).

“Websites – The website features respondents find most helpful are photos (87%), detailed information about properties (85%), floor plans (52%), virtual tours (46%) and real estate agent contact information (42%). Half or more of respondents also valued property listings, agent/staff profiles, customer reviews/testimonials, mortgage/financial calculators and information on the home buying and selling process.

“Additional report findings:

“Social media: Real estate pros cited social media as the top tool for generating high-quality leads (47%), followed by Multiple Listing Service websites (32%).The main reasons cited for using social media was to promote listings, help build and maintain relationships with existing clients, and a belief that they’re “expected” to have a presence on social media sites nowadays. The top social networks used by Realtors: Facebook (97%), LinkedIn (59%), Instagram (39%) and Twitter (33%).

“Drones: Twenty-nine percent of real estate pros have hired a professional to operate a drone for their business, and 5% personally use one. An additional 14% say they plan to use drones in the future to capture aerial pictures or videos of their listings.”

iBuyer Perspective: Not New and Not Much to Worry About

Florida Realtors logoHave you heard about iBuyers? We have not seen them on the islands, though I have had inquiries from them. Here is an article about them, posted this week on Florida Realtors®: Realtor Bill Lublin, lead author of e-Pro and Florida Realtors® convention speaker, says iBuying has nothing to do with tech. They’re “instant buyers,” and “we’ve had them for years.”

“ORLANDO, Fla. – Bill Lublin, a Realtor® from Pennsylvania, lead author of e-Pro and a speaker at last month’s Florida Realtors® Convention & Trade Expo, says iBuying has nothing to do with tech. “It’s an ‘instant buyer’ and we’ve had them for years,” Lublin said. “That’s not new.”

“The big difference between flippers and iBuyers is the type of homes they want to buy. Flippers often want a fixer-upper they can improve and sell for a profit. iBuyers, however, look for value-added flips, said Lublin. “They want livable houses. Polish-and-buff kinds of buyers – minimal repair amounts.”

“New iBuyers continue to come onto the market, but the biggest – Opendoor, Knock, Offerpad, Zillow Instant Offers and Redfin Now – are “fueled by cash,” Lublin said. “Opendoor, the first one, has $1.3 billion in equity raised; Zillow has a $7.1-billion market cap; Offerpad has $150M in equity; Knock has $60.5 million equity raised (Knock is slightly different – buying and selling you another one.) Redfin has an $18 billion market cap.”

“As corporations, the iBuying concept is new, and investors want to get in on the ground floor. That makes them less concerned about profitability for now – and more concerned about becoming one of the dominant iBuyers in the U.S.

“Other iBuyer differences, according to Lublin: People go to the iBuyers websites, fill out a form about their house, and request an offer. An inspection might be requested, but “It all starts with someone raising their hand and saying they want an offer on their house,” Lublin said.

“iBuyers use algorithms. They calculate upfront what they can pay, what they need to sell the home for, and what the cost of holding is. Like Zillow home price Zestimates, iBuyers use an AVM (Automated Valuation Models) to calculate a home’s value. “It’s an educated guess,” said Lublin. “AVMs don’t include the things that make sales, such as views, neighbor’s flowers, etc.”

“Each iBuyer company has targets. Offerpad, for example, targets homes valued from $200,000 to $400,000. “They don’t want to buy everything. They identify a sweet spot in their business model, and that’s the only thing they buy,” said Lublin. “Just like Realtors have a market niche, they’ll stray from it if a potential sale comes up – but when iBuyers stray, it hurts their bottom line.

“Observers who wonder how the iBuyers make money may find out that they don’t – or not much money. “They’re only marginally concerned with profitability,” said Lublin. “They have tons of money to go out and experiment with a new business model. Redfin says they weren’t profitable in their first 10 years, and they made the most amount of money from their IPO. Speed of growth fuels profit in the beginning. None of these companies is profitable so far, and that’s a competitive advantage.”

“iBuying may not debut in all markets. Cities like Philadelphia have an older housing stock, for example. iBuyers are more attracted to metros, such as many in Florida, with a newer housing stock that’s easier to value. iBuyers with secondary companies – Zillow’s mortgage company, for example – could also benefit via their related industries.

“While the iBuyer share of the market isn’t expected to get large – Morgan Stanley projects a 3% market share by 2030 – it still could potentially pick up a large numerical number of sales.”

Sanibel & Captiva Real Estate Scoop

Below is an update on the year-to-date sales posted in the islands MLS – first on Sanibel, then Captiva. It compares inventory today, sales year-to-date, sales over the last three years, and the sales during the market peak, 13 years ago, in 2006. Though averages, these statistics shows the market downturn from the water woes last summer. Even so, things are looking up!

 

 

Status as of 9/13

Sanibel
Condos Homes Lots
# Avg $ DOM # Avg $ DOM # Avg $ DOM
For sale 93 851,024 217 113 1,377,721 210 66 688,492 424
Under contract 6 652,816 204 20 1,097,970 146 3 311,166 782
Closed year-to-date 97 674,067 144 160 958,364 170 11 406,181 687
Sold in 2018 155 720,617 172 218 1,112,748 162 21 602,095 240
Sold in 2017 140 728,793 188 186 1,004,237 163 32 327,229 504
Sold in 2016 143 717,768 217 181 979,576 176 25 487,095 571
Sold in 2006 143 866,972 147 156 1,143,682 186 18 523,917 158

 

 

 

Status as of 9/13

Captiva
Condos Homes Lots
# Avg $ DOM # Avg $ DOM # Avg $ DOM
For sale 35 1,269,990 219 35 2,808,568 262 3 1,929,666 496
Under contract 4 806,725 443 1 2,400,000 637 0 N/A N/A
Closed year-to-date 19 1,047,894 337 14 2,984,325 288 0 N/A N/A
Sold in 2018 27 797,532 153 25 2,127,352 290 0 N/A N/A
Sold in 2017 34 671,551 261 22 2,457,023 394 2 2,312,500 1,005
Sold in 2016 22 873,636 314 27 3,195,000 284 2 3,150,000 365
Sold in 2006 21 1,362,476 180 10 2,307375 334 4 2,218,750 432

(Note: Average $ is average asking price for properties “For sale” and “Under contract”.)

Sanibel & Captiva Islands Multiple Listing Service Activity September 6 – 13, 2019

Sanibel

CONDOS

2 new listings: Heron at The Sanctuary #3B 3/2.5 $885K, Golden Beach #3 3/2.5 $1.499M.

1 price change: Sundial #H211 1/1 now $395K.

1 new sale: Sundial #I104 1/1 listed at $469K (our buyer).

Sundial West from I104

From Sundial I104 listing, showing central pool at Sundial Resort & looking toward the buildings of Sundial West.

1 closed sale: Seashells #12 2/2 $360K.

HOMES

1 new listing: 1954 Roseate Ln 3/2 $599K.

8 price changes: 401 Raintree Pl 3/1.5 now $475K, 5745 Pine Tree Dr 2/1 now $498K, 1401 Sandpiper Cir 3/2.5 half-duplex now $509.9K, 681 Rabbit Rd 3/2.5 now $549K, 5303 Umbrella Pool Rd 3/2.5 now $648K, 760 Cardium St 3/2 now $699.9K, 1010 Kings Crown Dr 3/3 now $1.095M, 2385 Wulfert Rd 4/5 now $1.199M.

2 new sales: 1203 Kittiwake Cir 3/2.5 listed at $539K, 725 Donax St 6/6 listed at $1.295M.

3 closed sales: 1520 Centre St 3/2 $409K, 1035 Blue Heron Dr 3/2 $1.42M, 852 Lindgren Blvd 3/3 $1.595M.

LOTS

No new listings.

1 price change: 1800 Woodring Rd now $2.595M.

No new or closed sales.

Captiva

CONDOS

2 new listings: Bayside Villas #5316 3/3 $660K, Beach Homes #30 4/4.5 $3.949M.

No price changes.

2 new sales: Sunset Beach Villas #2216 1/1 $519.9K, Gulf Beach Villas #2008 2/2 listed at $639K.

2 closed sales: Beach Villas #2436 3/2 $812.5K, Ventura Captiva #2A 3/3 $900K.

HOMES

1 new listing: 17041 Captiva Dr 2/2 $1.699M.

No price changes.

1 new sale: 15161 Wiles Dr 5/5.5 listed at $2.4M.

1 closed sale: 16801 Captiva Dr 3/3.5 $1.8M.

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.

Until next Friday, wishing you clear skies & sunny days!

36.

One of my favorite photos by our photographer Jim Anderson of JMA Photography. They are blue crested night herons. It reminds me of the ugly duckling story. Thanks for sharing, Jim!

Susan Andrews, aka SanibelSusan

All Eyes on Dorian


What usually is a quiet week on the islands has turned into a bit of a worry with Hurricane Dorian expected to come ashore along Florida’s eastern seaboard early next week. Dave took a spin by all of our listings yesterday, removing and tucking away signs and items that could become airborne with strong winds. If all goes well he will be putting things back in place soon.

Sanibelcityseal logoAs I post this, a meeting is now occurring at Sanibel City Hall with a departmental operations update. Island partners in attendance include CHR, SCCF, Sanibel Library, BIG ARTS, Island Water, police, Chamber of Commerce, Advanced Disposal, Sanibel School, post office, FISH, CROW, LCEC, Ding Darling, plus both Sanibel & Captiva Fire & Rescue.

There is a separate meeting City Council meeting at 2 p.m. Listen live through the link on http://www.mysanibel.com Dorian Update #3 and follow the City website for more updates.

Island Real Estate

2017-09-12 OfficeUsually the Labor Day weekend brings a spurt of real estate business, but that is looking doubtful now with many 3-day visitors cancelling their plans.

But, if you are wondering, unless forecasts change, we will be open tomorrow and I will be there Sunday too. If we may help you with anything on island, please let us know.

For island Realtors®, this past Monday was the cut-over date for service with our new Multiple Listing provider, Paragon. It has lots of new state-of-the-art features and capabilities that we are learning.

A summary of the action this week in the islands’ MLS follows just a couple of news items below. Stay safe islanders!

At Florida Realtors®

CBAEEA3C-B9F0-4879-912A-44CB0A33B161Last week, at the Florida Realtors® 103rd Annual Convention & Trade Expo, first I served on the state instructor audition panel and then as an Education Ambassador where members had a choice of more than 40 educational sessions.

Following the convention, on Friday and Saturday, the Florida Realtors® leadership team held their governance meetings. This was my 22nd year participating, this year in the Resort & 2nd Home Specialist breakout group (which is part of the Legislative Think Tank), the Curriculum Subcommittee, and the Professional Development Committee.

Networking at these events is the “best” – especially after all these years. It was interesting to hear that water quality and short-term vacation rentals are two hot topics in every area – even those inland. These meetings were the first for our Association’s new Education Director. It was so much fun introducing her to some terrific instructors and her peers throughout the state.

At the Capital Club luncheon on Friday, we had a surprise visit from Florida Governor Ron DeSantis. What a smart, energetic, thoughtful man he is. His priorities coincide with ours on the islands, “Florida 1st”.

Coastal Cleanup on Sept 21

Join the Sanibel-Captiva Conservation Foundation (SCCF) and Keep Lee County Beautiful as part of the Ocean Conservancy’s international Coastal Cleanup on Saturday morning, Sep 21. According to the Ocean Conservancy, 10.5 million volunteers have cleaned 350,000 miles of shoreline collecting 192 million pounds of trash in the more than three decades of this international effort.

If you would like to work at Gulfside City Park or Bowman’s Beach, sign up at http://klcb.org/coastal-cleanup.hmtl. For other Sanibel-Captivalocations or for more info, contact Alex Horn at ahorn@sccf.org or call SCCF at 239-472-2329.

SCCF will provide trash bags, data cards, gloves, water, and a tee-shirt to all participants before they head out for their beach assignments from 9-11 a.m. After collecting, documenting, and disposing of their trash back at the SCCF Nature Center (3333 San-Cap Road), volunteers will be offered complimentary lunch items starting at 11 a.m. (Thanks to Doc Ford’s Rum Barr & Grille as the 1st Lunch Partner for the 2019 Coastal Cleanup.)

Sanibel & Captiva Islands Multiple Listing Service Activity August 23-30, 2019

Sanibel

CONDOS

1 new listing: White Caps South #8 1/1 $849K.

7 price changes: Seashells #36 2/2 now $380K, Sunset South #6B 2/2 now $575K, White Pelican #114 2/2 now $850K, Sandalfoot #1C1 2/2 now $899K, Tarpon Beach #305 2/2 now $1.075M, Gulfside Place #221 2/2 now $1.229M, Plantation Village #312 3/2.5 now $1.44M.

1 new sale: Sundial #J201 1/1 listed at $550K.

3 closed sales: Seashells #31 2/2 $405K, Coquina Beach #3E 2/2 $539K, White Pelican #133 3/3 $1.489M.

HOMES

1 new listing: 701 Nerita St 3/2 $749K.

8 price changes: 970 Greenwood Ct 3/2.5 half-duplex now $429.9K, 1684 Bunting Ln 2/2 now $492.5K, 1536 Bunting Ln 3/2 now $592.5K, 5256 Punta Caloosa Ct 3/2 now $650K, 218 Daniel Dr 3/2.5 now $759K, 1560 Royal  Poinciana Cir now $1.295M, 6071 Sanibel-Captiva Rd 5/4.5 now $1.899M, 2915 Wulfert Rd 5/6.5 now $2.875M.

2 new sales: 1223 Par View Dr 3/2 listed at $775K, 1740 Middle Gulf Dr 4/3 listed at $825K.

2 closed sales: 1550 Centre St 3/2 $585K, 3386 West Gulf Dr 3/3.5 $1.045M.

LOTS

1 new listing: 1044 Fish Crow Rd $399K.

No price changes, new, or closed sales.

Captiva

CONDOS

1 new listing: Beach Homes #33 3/2 $1.799M.

1 price change: Lands End Village #1608 3/3 now $2.275M.

No new sales.

2 closed sales: Tennis Villas #3217 1.1 $316.5K, Sunset Beach Villas #2332 2/2 $745K.

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.

Until next Friday, may Dorian be kind!

Susan Andrews, aka SanibelSusan