SanibelSusan’s Groundhog Says, “Sunny Warm Weather Is Here To Stay”


ground hot

 

SanibelSusan here, reporting another busy week on the islands. A few breezy days with a bit of a Florida chill made for increased traffic on both the roads and bike paths earlier in the week, with the last mildly chilly morning today.

For at least the next week, it is expected to be good weather, with temperatures in the low to mid-70’s every day.

Gotta love SW Florida in February!

Sanibel Susan Realty Associates

Sanibelsusan LogoHere in the office, some of our listings had price adjustments. Not unusual for February and we were not the only ones as evidenced by the Sanibel & Captiva Islands Multiple Listing Service activity, which follows a few news items below. Yesterday at our local Association of Realtors® Caravan Meeting, I announced six price changes. With Easter April 1 this year, there are just eight weeks of “high” season remaining, so price changes now should have impact. He got giggles at Caravan when a long-time island Realtor® announced that he was happy to see so many reductions now, rather than April (which often is too late – or after snowbirds have departed).

Florida Homestead Exemption

LeePALogoIf you are a new island resident or had a change of local residence last year and want to apply for Florida’s Homestead Exemption, this is a reminder that the official filing period is January 1 to March 1. Florida law requires that application be made by March 1 to be eligible for up to $50,000 Homestead Exemption. Only new applicants or those who had a change of residence need apply. Automatic renewals are mailed in January each year.

Homestead Exemption is a constitutional benefit of up to a $50,000 exemption removed from the assessed value of your property. It is granted to those applicants who possess title to real property and are bona fide Florida residents living in the dwelling and making it their permanent home on January 1. Documentation that proves you were a resident at the homestead property is required.

Properties granted homestead exemption automatically receive the “Save Our Homes” benefit. This is a constitutional benefit approved by Florida voters in 1992. It places a limitation of 3% on annual assessment increase homestead properties beginning with the 1995 tax year. So, the assessed value will not increase more than 3% or the Consumer Price Index, whichever is less. When a homestead property sells, the assessed value returns to fair market value in the year following the sale. The value assessment then becomes the new owner/homestead applicant’s base value for “Save Our Homes” purposes.

To be eligible to receive the homestead exemption you must own the property (have legal title/interest) and permanently reside on/occupy the property. You must be able to document that you resided at your homestead property as of January 1 by providing proof of issuance of a Florida driver’s license and Lee County voter registration card. Non-voters must complete a Declaration of Domicile. You may file for homestead exemption by mail, in person, or on-line at www.leepa.org.

2018 Florida Real Estate Trends

EconomicSummit01-26-2018As follow-up to my article last week about presentations at Florida REALTORS® Governance Meetings in Orlando, particularly the session on 2018 Florida Real Estate Trends, here is some additional info:

Self-Driving Cars & Real Estate

During the segment by Kevin Foreman who leads INDRIX Big Data and is the General Manager of GeoAnalytics, he discussed how self-driving cars will impact real estate, noting that there are currently about 7,000 on the roads, with that figure expected to reach 4.5 million by 2035. There are four trends in self-driving cars: autonomous (Tesla, Uber, Google and others are working on those); also shared cars; electric cars; and connected cars. There also are five levels of autonomy in vehicles: level 1 includes hands-on, level 2 is hands-off, level 3 is eyes-off, level 4 is mind-off, and level 5 has no wheel.

As autonomous driving evolves, he said that people will become more productive going to work, and will be able to do many more things during their commute – i.e., like getting ready for work and the workday- shaving, eating, emailing, etc.

He also said that we soon will be measuring distances completely differently. Rather than miles or kilometers, it will be in minutes or based on time.

He said traffic signals and milepost signs will be gone in 30 years. With self-driving cars, he said plenty of other things will change too, and not just in the real estate. As examples, he said there will be:

  • No more drivers’ licenses – the blind, elderly, & kids can drive
  • No more speeding tickets
  • No more drunk driving
  • No distracted driving – more texting, sleeping, even sexting
  • Two-handed eating – making changes to the fast-food & restaurant business.

These new modes of transportation will affect real estate business because there will be:

  • Longer “drive” times – since people can eat, sleep, and work during their commutes
  • Less office infrastructure
  • More agent productivity.

To be a hit with your kids, Foreman suggested renting a Tesla for a day or taking one for a test drive. He also said when the time comes, do not buy a self-driving car. Instead, lease one, because improvement and technology changes will be fast.

Florida’s Real Estate Market

During a presentation by Florida REALTORS® Chief Economist Brad O’Connor, he compared what happened in real estate after the state’s first major hurricane in ten years (i.e., last fall after Hurricane Irma (on Sep 10) to what happened after Hurricane Charley and the storms that followed.

To analyze Irma’s possible market impact, he had Florida REALTORS® Research Department review residential sales data from 2004 and 2005 (when Hurricanes Charley, Frances, Jeanne, Ivan, Dennis, and Wilma affected Florida) as well as claims data from the Florida Office of Insurance Regulation.

O’Connor said, “Long-term market impacts from landfalling hurricanes are rare and highly localized, with long-term sales declines observed only in coastal areas where a significant percentage of structures were severely damaged by Category 4-plus winds.” “Short-term market impacts from a hurricane are more common and widespread,” he added. “Sales in areas where most homes did not experience severe structural damage rebounded within a month or two of landfall,” he said. “These temporary slowdowns were due to business activity halting ahead of the storm and power outages, regulations and additional required inspections afterwards.”

Interestingly, he also said that “Sale prices don’t seem to care much about hurricanes. Plenty of buyers are happy to line up to buy the real estate as long as it’s not completely annihilated.”

Summarizing 2017 housing market activity, O’Connor said single-family existing home sales in Florida were up 1.2% over 2016’s sales level – and would have been up by about 3% if there had been no Hurricane Irma. 2017 sales of existing condos/townhouses were up about 3% year-over-year; and would likely have been about 6% higher than 2016 without Irma. The statewide median price in both sectors was up about 8% compared to a year ago.

In his slides comparing insurance claims, residential inventory and sales by county, Lee County was one of the few areas in Florida where inventory remains higher than demand. In fact, throughout the state, inventory is down everywhere, except in Southwest Florida. Those other counties are experiencing sellers’ markets. Here, until that changes, we probably won’t see the tide turn from it being a buyer’s market.

I head much of the same during committee meetings where colleagues described multiple offers being the norm in their area. Some described initial offers on moderately priced properties coming in at least $25,000 over asking price, just so they get consideration. I don’t ever remember that happening here and from the amount of inventory on Sanibel, it won’t be happening any time soon. See the table below for a summary of the islands’ inventory today and recent sales.

Sanibel & Captiva Islands Inventory as of 2/2/2018

sancap GO MLS logoOn Sanibel:

For sale: 102 condos, 200 homes, & 64 lots = 366 available

Under contract: 14 condos, 40 homes, 3 lots = 57 awaiting closing

Closed year-to-date: 9 condos, 35 homes, 1 lot = 45 sold

Sold in 2017: 140 condos, 186 homes, 32 lots = 358 sold

On Captiva:

For sale: 26 condos, 45 homes, & 3 lots = 74 available

Under contract: 6 condos, 4 homes, no lots = 10 awaiting closing

Closed year-to-date: 6 condos, 3 homes, no lot = 9 sold

Sold in 2017: 34 condos, 22 homes, 2 lots = 58 sold

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.

Change in Cost of Equity Membership at The Sanctuary

sanctuary golf club logoIn the latest issue of The Sanctuary Golf Club’s “Sanctuary Sound”, Membership Director, Sheryl Tatum, announced that on May 1, 2018, the Equity Membership at the Club will increase from $110,000 to $120,000.

The privileges with equity membership include access to all Club facilities, a par 72, Championship Arthur Hills-designed golf course, driving range, putting green, chipping area, golf lessons, priority tee times and tournament play, a 50,000 sq.ft. clubhouse, world-class dining, five Har Tru tennis courts, 5,000 sq.ft. Health & Tennis Center with a sports pool. To reach Sherry directly for more information, call 239-322-5182 or email her at STatum@sanctuarygc.net.

The New Jac

Some have asked if we know what is happening at the former Jacaranda Restaurant which has been closed for a couple of months. I saw the below Facebook message yesterday advertising an upcoming event at The Community House.

The Jac

More Upcoming Events

Center4 Life Arts & Crafts Fair – tomorrow, Sat, 2/3 from 9 a.m. to 2 p.m. with more than 30 local vendors at 2401 Library Way.

chr-logo_mainCommunity Houses & Resources (CHR) Sanibel’s Annual Mardi Gras Fundraiser – next Sat, 2/10 at The Community House. Tickets available at Bailey’s General Store, on-line at www.sanibelchr.org/mardigras or call CHR at 239-472-1189.

Let’s Get Historical – Sanibel Historical Village Gala – Mon, 2/19 from 6 to 10 p.m. at The Community House. Request tickets at 239-472-4648 or info@sanibelmuseum.org

Sanibel & Captiva Islands Multiple Listing Service Activity January 26 to February 2, 2018

Sanibel

CONDOS

1 new listing: Cottage Colony West #125 1/1 $629K.

6 price changes: Tennisplace #D21 1/1 now $239.8K, Loggerhead Cay #332 2/2 now $474.5K, Mariner Pointe #1061 2/2 now $579.9K (our listing), Cottage Colony West #116 1/1 now $645K, Sandy Bend #4 2/2 now $758K, Tanglewood #1A 3/2 now $1.099M.

View c

View from Mariner Pointe #1061

 

3 new sales: Lake Palms #6 2/2.5 listed at $349K, Lighthouse Point #220 2/2 listed at $450K, Lighthouse Point #217 3/2 listed at $465K.

1 closed sale: Donax Village #3 2/2 $414K.

HOMES

6 new listings: 972 Fitzhugh St 3/2 $469K, 1625 Sand Castle Rd 3/3 half-duplex $619K, 3980 Coquina Dr 3/2 $799K, 1275 Par View Dr 3/2 $949K, 460 East Gulf Dr 2/2.4 $1.995M, 747 Windlass Way 4/3.5 $2.295M.

18 price changes: 1938 Roseate Ln 3/2 now $519K, 9477 Peaceful Dr 3/2 now $535K, 9446 Beverly Ln 3/3.5 now $873.5K, 3239 Twin Lakes Ln 3/2 now $939K, 734 Anchor Dr 3/2 now $949K (our listing), 239 Daniel Dr 3/2 now $1.028M (our listing), 1035 S Yachtsman Dr 5/4.5 now $1.099M, 5411 Osprey Ct 3/2 now $1.199M, 1672 Hibiscus Dr 3/2 now $1.199M, 1304 Eagle Run Dr 3/3 now $1.225M, 6101 Starling Way 3/3.5 now $1.249M, 2474 Wulfert Rd 3/3/2 now $1.295M, 534 N Yachtsman Dr 3/2 now $1.345M, 1152 Buttonwood Ln 3/3.5 now $1.599M, 1525 San Carlos Bay Dr 3/2 now $1.599M, 794 Conch Ct 3/2.5 now $1.849M, 924 Pecten Ct 4/4 now $1.895M, 2689 Wulfert Rd 4/6.5 now $1.994M.

DCIM100MEDIADJI_0483.JPG

734 Anchor Drive, near-beach & canal-front with dock

 

DCIM100MEDIADJI_0023.JPG

239 Daniel Drive near-beach & backing to conservation land, community amenities too.

 

6 new sales: 3008 Singing Wind Dr 2/2 listed at $439K, 2005 Mitzi Ln 2/2 listed at $543.5K, 1425 Causey Ct 4/3 listed at $729K, 1470 Angel Dr 3/2 listed at $920K, 3822 West Gulf Dr 3/2 listed at $1.199M, 5757 Baltusrol Ct 3/3 listed at $1.497M.

9 closed sales: 1394 Middle Gulf Dr #C 3/3 half-dulpex $470K, 1317 Par View Dr 3/3 $598K,

2510 Harbour Ln 2/2 $700K (our listing), 3358 Saint Kilda Rd 3/3 $910K, 1277 Par View Dr 4/3.5 $1.1M, 1106 Buttonwod Ln 3/2 $1.175M, 2190 Starfish Ln 3/3 $1.377M, 1052 Whisperwood Way 3/3 $1.45M, 4731 Rue Belle Mer 3/2 $2.4M.

LOTS

1 new listing: 4767 Tradewinds Dr $1.75M.

1 price change: 6505 Pine Ave now $799K.

2 new sales: 2998 Singing Wind Dr listed at $189K, 1321 Seaspray Ln listed at $995K.

1 closed sale: 1311 Par View Dr $263K.

Captiva

CONDOS

2 new listings: Beach Homes #3 3/2 $2.295M, Beach Homes #13 4/4.5 $4.099M.

1 price change: Beach Homes #22 2/2 now $2.095M.

1 new sale: Bayside Villas #5202 1/2 listed at $375K.

No closed sales.

HOMES

1 new listing: 16813 Captiva Dr 3/3 $2.6M.

2 price changes: 14860 Mango Ct 5/4 now $1.894M, 15831 Captiva Dr 2/2.5 now $4.198M.

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.

is it sunday yetWhatever your team preference, I hope you enjoy Super Bowl Sunday!

Until next Friday – Susan Andrews aka SanibelSusan

Almost Halloween on Sanibel


OctoberToday is another sunny day on the islands where we are excited to report cooler temperatures and low humidity. It’s always a nice change to have windows open and to wear long-sleeves again. Those local changes also indicate changes up north too, with cooler norther temps resulting in more inquiries and a boost in business here. Temperatures today were expected to reach the low 80’s before another cool front arrives tomorrow after a few showers. Then, temperatures are expected to go into the 50’s at night, with days in the 70’s.

SanCapAssnLogoSanibel & Captiva Islands Association of Realtors®

Following the Association’s annual meeting yesterday, several new sales were announced during Realtor® Caravan. More new listings also are on the market.

The action posted in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

Upcoming Events

With holidays fast approaching, here are a few more upcoming events.

13th Annual Island Paws Howl-O-Ween Fundraiser – Tonite Oct 27 from 5 to 7 p.m. on the Over Easy Café patio to raise money for Gulf Coast Humane Society.

FINAL_FISH_10K_20179th Annual 10K Race 4 F.I.S.H. – Tomorrow morning Oct 28 – Race begins at The Community House at 7:30 a.m. Periwinkle Way will be closed to one lane during the race.

Island Nights Fall Festival – Tomorrow Oct 28 from 3 to 9:30 p.m. at Casa Ybel Resort with local vendors, life music, food, rum and craft beer samples, dessert station, face painting, henna tattoos, bounce house, pumpkin bowling, pumpkin painting, goodie bags, & a movie.

Trunk or Treat – Tuesday Oct 31 from 4 to 6 p.m. at Sanibel Community Church.

Fall Family Festival – Tuesday Oct 31 from 5 to 7 p.m. at The Community House. A bag of candy gains admission where costumed families will win prizes, enjoy carnival games, a hay ride, and get hot dog and burger dinners.

24th Annual Esperanza Woodring Memorial Cast Net Rodeo – Saturday Nov 4 beginning at 8:30 a.m. at The Bait Box. Free family event with free lessons, youth competition, refreshments, music, and raffle.

Sanibel Sea schoolThanksgiving Beach Walk – Thursday Nov 23 from 8:45 to 10 a.m. with Doc Bruce, Sanibel Sea School, 414 Lagoon Dr. Walk the beach with him, learn about the eco-system, and explore creatures found along the way. Free & kid-friendly.

Sanibel Update on Hurricane Irma Vegetative Debris Collection

Veg-Debris-1As of Wed, mySanibel.com reports that the “first sweep” of the island is 93.35% complete with 78.08 miles out of the 83.64 miles of roads completed. 28 streets (or a portion) out of 256 public and private roads remained to be done with two streets remaining due to sagging Comcast lines. City crews are using small vehicles to collect the debris on the roads blocked by Comcast lines.

Stump removal and a final “mop-up” collection of hurricane-generated debris will be next with hours of operation changing on Monday Nov 6.

Property owners are reminded that vegetative debris generated as part of routine maintenance is to be disposed consistent with pre-hurricane collection methods. Bagged or containerized residual debris will be collected by the regular hauler on regularly scheduled horticulture collection days.

Vegetation Trimming on Periwinkle Way

Sanibelcityseal logoNotice from City of Sanibel – “From Monday Oct 30 through Friday Nov 10 from 7 a.m. to 5 p.m., the vegetation along Periwinkle Way will be trimmed from Lighthouse Beach Park to Tarpon Bay Rd. Intermittent lane closes are expected. Drivers and pedestrians, please proceed slowly and cautiously through areas when workers are present.” 

Are Your Neighbors Trees Growing On Your Property?

henderson-franklinAnyone who knows where I live, recognizes that I like my yard neat and trimmed. Thankfully, my landscaper does a good job of keeping it that way. One of my neighbors, on-the-other-hand, prefers the jungle look. Sometimes a few of their trees, a big one in particular, grow out over my property.

Some years, during my annual fall “big trim”, I have paid dearly to have some of “their” branches cut back. This year, however, Hurricane Irma did a nice job of taking care of that task for me. Even so, the below article by Donald Thompson, posted on-line Oct 18, 2017 on the Legal Scoop Blog of Henderson Law was of interest. Maybe it applies to your situation too.

“Your neighbors are proud of their beautiful, large fruit trees, which are now growing substantially over your property. The trees have grown so large that a number of branches extend over your house, tool shed, and other improvements, which you believe results in a dangerous condition, not to mention rotten fruit dropping on your patio. What are your options: force the neighbor to remove the tree extending over your land, sue for damages, or something else? You may be surprised.

“In Florida, a possessor of land is not liable to others outside his land for nuisance caused by vegetation growing from his land over adjoining properties. Scott v McCarty, 41 So. 3d 989 (Fla.4th DCA 2010). Therefore, your neighbor has no duty to remove or even trim the tree branches that encroach onto your property.

“However, as the adjoining property owner, you have the privilege to trim back, at your expense, the offending (encroaching) tree, roots, branches, and other vegetation. Gallo v Heller, 512, So. 2d 215 (Fla.3d DCA 1987). Maybe this does not seem fair. You may wonder why you must pay to cut your neighbor’s trees that she allowed to grow over your property. The rationale appears to be grounded in common sense and public policy. Courts recognize that allowing such a claim would likely result in innumerable, and in many instances, vexatious lawsuits. In fact, one case reasoned that departing from the precedent would invite further litigation between neighbors, which as a matter of public policy should be avoided. Scott v McCarty, 41 So. 3d 989 (2010)

“Options – If your neighbor’s tree is growing onto your property, as a general rule you may trim the vegetation that extends onto your property. However, you should not cut any portion of the tree on your neighbor’s property and should not enter onto your neighbor’s property without consent. In fact, you should chat with your neighbor first and discuss what you intend to do. Even if your neighbor disagrees, and the matter ends up in a courtroom, a judge is likely to look favorably on your attempt to amicably resolve your disagreement.

“Exceptions – Of course, there are exceptions to most general rules. In Sullivan v Silver Palm Properties, Inc., 558 So. 2d 409 (Fla. 1990), the Florida Supreme Court cites at least two cases which held a landowner responsible for maintenance of trees and vegetation obstructing motorists’ view of a stop sign. The Courts reasoned that overhanging vegetation which blocks traffic control devices presents an imminent danger, and that a duty to remove vegetation obstructing critical traffic control signage is common sense. Also, the general rule in Florida of no duty or liability of a neighbor for overgrown trees is not the rule followed in all states.

“Other matters to consider before taking action may include:

  • review municipal or county ordinances, if applicable;
  • investigate and consider the possibility of removal of vegetation on your property causing damage to your neighbor’s property; and
  • use common sense.

“These types of claims can be fact driven and varying facts may affect an outcome in court. If in doubt, be sure to seek a competent attorney to assist you. If you have any questions or concerns regarding this issue, please feel free to reach me at donald.thomson@henlaw.com or by phone at 239-344-1369.”

Good Info From The Shell Museum

bailey-mathews shell museum signLast week, Bailey-Matthews National Shell Museum held another educational event for those wanting to become Shell Ambassadors. You may have seen those folks on the beach, wearing blue tee-shirts and helping those shelling. One of these days, I hope to become a Shell Ambassador too, but in the meantime, I thought one of their handouts had some good info. Aka Important Contact Information, it includes some number that might come in handy if you see injured wildlife or perhaps a tourist violating a local rule. I’ve added the info to my website “Useful Phone #s & Links” tab. FYI, here it is:

  • Injured land animal – CROW 239-472-3644 x222 or FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone
  • Sea turtle problems – SCCF Sea Turtle Hotline 978-728-3663 or FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone
  • Manatee & dolphin problems – FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone
  • Active code violations on Sanibel (like live shelling, littering, leash law, feeding/harassing wildlife, destroying beach/dunes, picking native plants, etc.) – Sanibel Police non-emergency 239-472-3111
  • Passive code violations on Sanibel (like abandoned beach furniture, large amounts of garbage, etc.) – Sanibel Code Enforcement 239-472-4136
  • Live shelling on Captiva & causeway beaches – FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone or Lee County Sherriff non-emergency 239-477-1000 • Full Outside bar opens at 10pm (cash only) Wristbands: $10 at entrance cash only (must be 21 years of age or older with wrist band only for admission). Costume Contest winners announced at midnight! Cash prizes awarded to 1st ($1,000), 2nd ($500), and 3rd ($250) of best overall costume. Other prizes to include free night stays, dining credits, Cabana rentals, Jet Ski and parasailing vouchers and more! Dinner before party? Why yes, with both Crow’s Nest and Captiva House accepting reservations now at 472.5161!

Sanibel & Captiva Multiple Listing Service Activity October 20-27, 2017

Sanibel

CONDOS

No new listings.

5 price changes: Sundial West #H409 1/1 now $465K, Island Beach Club #P1A 2/2 now $639K, Cottage Colony West #132 1/1 now $654K, Cottage Colony West #108 1/1 now $654K, Pointe Santo #B2 2/2 now $815K,

4 new sales: Spanish Cay #E3 2/2 listed at $369K, Sanibel Siesta #303 2/2 listed at $529K, Shell Island Beach Club #7B 2/2 listed at $820K (our buyer), Nutmeg Village #100 2/2 listed at $1.07M.

Shell Isl. Beach Club

Shell Island Beach Club Aerial

 

1 closed sale: Villa Sanibel #3C 2/2 $630K.

HOMES

3 new listings: 5299 Ladyfinger Lake Rd 3/3 $698K, 921 Strangler Fig Ln 3/3.5 $995K, 1743 Jewel Box Dr 3/3.5 $1.2M.

6 price changes: 1390 Middle Gulf Dr 3/3 half-duplex now $499K, 1943 Sanibel Bayou Rd 3/3 now $649.9K, 5657 Sanibel-Captiva Rd 3/2 now $895K, 1304 Eagle Run Dr 3/3 now $1.199M, 1672 Hibiscus Dr 3/2 now $1.295M, 1149 Paper Fig Ct 4/3 now $2.245M.

2 new sales: 4775 Rue Helene 4/3 listed at $799K, 1270 Bay Dr 3/2 listed at $1.349M.

2 closed sales: 1550 Bunting Ln 2/2.5 $622K, 3728 West Gulf Dr 5/5 $2.325M.

LOTS

No new listings:

3 price changes: 2486 Wulfert Rd now $179K; 412 Tiree Cir now $349,555; 2401 Blue Crab Ct now $699K.

1 new sale: 1415 Sanderling Cir listed at $398K.

No closed sales.

 Captiva

CONDOS

No new listings or price changes.

1 new sale: Beach Villas #2523 1/1 listed at $539K.

No closed sales.

HOMES

1 new listing: 14865 Mango Ct 2/2 $979K.

No price changes, new sales, 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.

 

halloween-kidsHappy Halloween!

Getting Back to Normal on Sanibel Island


It’s SanibelSusan reporting that as we wrap up another work week, I am happy to report that Sanibel is “getting back to normal.” Plenty of storm debris remains piled roadsides, particularly on side streets, but steady removal continues – seven days a week – with area landscape looking better and better day-by-day. Many of the bike paths are cleared now too.

Below are before and after photos of the enormous tree that came down at the entrance of Casa Ybel Resort during Hurricane Irma. The 1st was taken September 12, the 2nd taken this morning, September 29. It’s great to see that they were able to salvage this beauty!

The huge tree and vegetation collection area on Island Inn Road is converting much of it to mulch which soon will be offered to the public. The City continues to post post-Irma progress reports on www.mySanibel.com. It’s worth mentioning again that City efforts and their communications both before, during, and after the storm have been remarkable.

A few snowbirds and away residents have returned early to personally access their properties. Luckily, little damage, other than tree/vegetation loss, has been reported.

SanibelSusan Realty Associates

Sanibelsusan LogoHere at the office, my closing that was delayed because of the storm, closed this week. I continue to work on resuscitating offers that were in the works during the hurricanes and was happy to be out showing a couple of condos this morning.

Teammate Dave held an Open House yesterday at Loggerhead Cay, usually a busy complex even in late summer/early fall, but it was very quiet there.

Thanks to everyone for their patience as the island recovers from Irma. Thankful we are that storms like this occur in the slow time of the year. Even so, we had good listing activity this week and see things picking up.

sancap GO MLS logoOverall inventory is low. The below table shows the statistics today from the island MLS. Prices are holding their own and increasing in many products. I bet the combination of early arrivals and northern weather already turning contributes to an early boost in “season” sales. The highest number of island sales traditionally are last quarter, followed by first quarter – or right around the corner. The action posted in the Sanibel & Captiva Islands Multiple Listing Service (MLS) since last Friday follows a couple of news items below.

                                          Sanibel                           Captiva

No,      Avg $ Price         No.    Avg $ Price

CONDOS        

For sale 9/29                   80         704,202               19      1,278,361

Under contract               11          858,036              5        812,000

Sold 2017 thru 9/29       104      747,663                 27     624,933

Sold 2016                         143      717,768                 22      873,636

HOMES

For sale 9/29/17               110      1,453,940             28      3,551,940

Under contract                22        1,129,191             2        3,647,500

Sold 2017 thru 9/29         151      1,015,454            20       2,565,475

Sold 2016                           181      979,576               27       3,195,000

LOTS

For sale 9/29/17                 54       472,741                1        2,195,000

Under contract                  2         419,000                0        N/A

Sold 2017 thru 9/29          26       321,608                2        2,312,500

Sold 2016                            25       487,095               2        3,150,000

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 & Captiva Islands Association of Realtors®

Sanibel realtors logoNo Caravan meeting this week at the Association of Realtors® as the summer every-other-week schedule continues until our Annual Meeting on Oct 26. Then, it reverts to every Thursday and continues through “season”.

The “Totes of Hope” packaged last Thursday were delivered and well-received in hard-hit areas in South Florida and the Keys over the weekend. Next week, the Communications and Public Relations Committee will finalize plans for an upcoming early November fundraiser for “Friends Who Care” as the Association continues their “Working Together to Make a Difference” campaign.

Re-openings

bleu rendezBleu Rendez-Vous French Bistro – Reopens for dinner at 5 p.m. on Thursday Oct 5.

Island Cow – Reopened this morning.

Sanibel Farmers Market – reopen for its 10th season on Sunday Oct 1 and will continue every Sunday through the winter from 8 a.m. until 1 p.m. It’s on the grounds of Sanibel’s City Hall and has grown to about 40 vendors. This year, Local Roots LLC, has added a 9th market to their busy schedule. This one will be at Captiva’s South Seas Resort every Tuesday from December 19 through April 3 from 9 a.m. to 1 p.m. They expect to have 20 vendors at that market. Go to www.BuyLocalLee.com for a complete schedule of all their markets.

Traders Store & CafeTrader’s Gulf Coast Grill & Gifts – reopens Monday Oct 1 for the annual Shell Museum Island Dinner fundraiser, this year called a “Cephaloparty” (A cephalopod is any mollusk of the class Cephalopoda, having tentacles attached to the head, including the cuttlefish, squid, nautilus, and octopus.) Tip your favorite celebrity at www.ShellMuseum.org.

Planning Ahead – Pickleball Classic

Pickelball classicThe 1st annual Sundial Beach Resort & Spa Pickleball Classic will be on the resort’s 12 new state-of-the-art courts on November 3-5. It will include men’s doubles, women’s doubles, and mixed doubles with skill and age-level placement. Contact the resort for more details https://sundialresort.com/play/pickleball-classic/

Long-Term Mortgage Rates Unchanged: 30-year at 3.83%

associated-press-logoGood news for those needing a mortgage. The below article was posted yesterday by the Associated Press and reposted by Florida Realtors® on-line:

“Long-term mortgage rates were unchanged this week: The 30-year fixed-rate mortgage remained at 3.83%; the 15-year home loan, popular among homeowners who refinance their mortgages, stayed at 3.13%, mortgage buyer Freddie Mac said Thursday.

“Rates on long-term home loans typically track the yield on 10-year Treasury notes, which barely budged this week.

“Two weeks ago, the 30-year mortgage hit a low for the year before bouncing back up last week. So far this year, the 30-year rate is running above last year’s average of 3.65%.

“Freddie Mac says the rate on adjustable five-year mortgages blipped up to 3.20%, from 3.17%. To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1% of the loan amount.

“The average fee for a 30-year mortgage rose to 0.6 point from 0.5 point. The fee on 15-year home loans remained at 0.5 point. The fee on an adjustable five-year mortgage rose to 0.5 point from 0.4 point.”

Sanibel & Captiva Multiple Listing Service Activity September 22-29, 2017

Sanibel

CONDOS

3 new listings: Sundial West #C306 1/1 $435K, Sanibel Moorings #941 2/2 $59K, Sanibel Moorings #612 2/2 $565K.

4 price changes: Seashells #40 2/2 now $354.9K, Pointe Santo #C34 1/1 now $589K (our listing)Sand Pointe #122 2/2 now $699K (our listing), Tamarind #B202 2/2.5 now $1.69M.

View 2.jpg

View from Pointe Santo #C34

 

3 new sales: Donax Village #3 2/2 listed at $438.5K, Blind Pass #F108 3/2 listed at $594.9K, Tarpon Beach #102 2/2 listed at $749K.

2 closed sales: Blind Pass #F106 2/2 $385K, Sand Pointe #113 2/2 $683K.

HOMES

No new listings:

4 price changes: 981 Sand Castle Rd 3/2.5 now $499K, 714 Durion Ct 3/2 now $609K, 998 Fish Crow Rd 3/2 now $659K, 1672 Hibiscus Dr 3/2 now $1.35M.

4 new sales: 976 Sand Castle Rd 3/3 half-duplex listed at $489K, 419 Lighthouse Way 4/3 listed at $797.5K, 485 Lake Murex Cir 3/2 listed at $1.075M, 3728 West Gulf Dr 5/5 listed at $2.395M.

1 closed sale215 Palm Lake Dr 3/2 $630K (our Buyer).

LOTS

Nothing to report.

Captiva

CONDOS

No new listings.

1 price change: Lands End Village #1665 2/2 now $975K.

No new sales.

1 closed sale: Beach Villas #2525 2/2 $620K.

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.

2017-09-22 Pink clouds2017-09-23 Sanibel morning

Until next Friday, wishing you happy days, nice weather, & fabulous sunrises, sunsets, & all times in-between.

Susan Andrews, aka SanibelSusan

Island Life After Irma


2017-09-11 beach2.jpg

Beach looking good 9/12/2017

 

SanibelSusan Team members were all back at their posts Monday morning and island life is returning to normal. Thanks to quick service by Dan from Tru-Clean, Inc. Carpet & Tile Care, our office carpet now looks better than it did pre-storm. 2017-09-19 TruClean

Local schools still don’t go back until Monday, with county education leaders now altering the school calendar to make up the 2+weeks lost. Both the Sanibel Recreation Center and the Sanibel Sea School provided free childcare programs this week for families working and assisting in recovery efforts.

As of the City’s Hurricane Irma report last night, just one reported property remains without power, while debris pickup continues. Roadside collections by claw trucks will be seven days a week beginning at 7 a.m. until all is removed. Some of the piles are huge, many reappearing as soon as debris is removed. Care, caution, and patience are needed traveling roadways and bike paths (most paths are not passable).

The Thurs City report also indicates that inspections of the public canals have been completed. The private canals are next, as the City finalizes plans for removing canal storm debris. They are thinking of everything.

If any good comes from an event like this, it’s the amazing comradery – neighbors helping neighbors & helping strangers too. We all owe a debt of gratitude to City workers, utility crews, and the many contractors that have come from near and far to assist in making homes and businesses livable again. The lessons learned from Hurricane Charley probably assisted in making this recovery smooth.

Thank you, Mayor Ruane, City Council, City Manager Zimomra and staff. With power back on and us again able to watch the news, many areas in Florida are not as fortunate as Sanibel. I sure am glad I live here.

SanibelSusan Realty Associates

2017-09-12 Office

Open & ready for business 09/12/17

Here at the office, we still are working on getting a sale closed that was scheduled on the Friday before the storm. Fingers crossed that it happens on Monday. The two offers that were in negotiations pre-storm didn’t make it, but I’m hoping to fan some life into them as recovery here continues.

 

Our new listing at Sunset South was open yesterday morning for Realtor® Caravan and we have had a few inquiries and showings this week too. The action posted in the Sanibel and Captiva Islands Multiple Listing Service since Sept 1 are posted after a couple of news items below.

(Note this activity covers a 3-week period, since we were without internet service the last two Fridays. Pretty slow real estate market during those weeks, just one new sale, a Sanibel condo. No sales on Captiva.)

Sanibel & Captiva Islands Association of Realtors®

Monthly Membership Meeting

Yesterday morning was the September Membership Meeting for the islands Association of Realtors®. Plenty of affiliates, sales associates, and brokers were in attendance to share post-Irma experiences and to hear guest speaker, Maggi Feiner, President and CEO of F.I.S.H. of SanCap.

2017-09-21 Maggi

Maggi Feiner speaking at the Assoc 09/21/17

F.I.S.H. is a unique comprehensive human-services organization focused for over 30 years on “neighbors helping neighbors” on Sanibel and Captiva Islands. Their mission is to lend a helping hand to those who live, work, and visit here. Their vision is to enrich the lives of those on the islands through an array of food programs, island-based workshops, and social services. Their many different programs, services, and workshops, are supported by full-time social workers, administrative professionals, and a team of volunteers.

 

Maggi shared some F.I.S.H. statistics from 2016 when they had 14,399 requests for help and provided assistance to 2,272 individuals. Most island needs or the individuals most at-risk and needing help are youth and seniors. The F.I.S.H. backpack program operates not just when schools are in session, but 52 weeks a year. They also offer after-school education, and one-on-one tutoring. They help with those needing eyeglasses too and their partnership with Sanibel Rec offers summer assistance.

Maggi advised that 53% of F.I.S.H. funding comes from individual donations, 27% comes from grants. She thanked Association members for their continued contributions, food donations, our recent Meals-of-Hope food-packaging event, their support for the annual “10K Race 4 F.I.S.H.” (coming up Oct 18) and F.I.S.H. Celebration, and for volunteering.

Toiletries for Hurricane Irma Victims

 Yesterday afternoon Sanibel/Captiva Islands Association of Realtors® staff and members of my Communications/Public Relations Committee bagged up donations that the Assoc had collected pre-Irma. We prepared 130+individual gallon zip-lock bags each with an assortment of toiletries, hair and shaving products, flashlights/batteries, socks, first aid and sewing kits, & more. In combination with food, water, and paper goods, also collected by off-island Realtors® and their friends, it all will be delivered to Hurricane Irma victims.

2017-09-21 Assoc.jpg

Big thank you to all who contributed and Realtor® helpers Deb Gleason, Kelly Huguenin, and Cathy Lewis, our Assoc Executive/CEO Bill Robinson and MLS Director Matt Alston. Realtor® Jay LaGace with LaGace Partners, ReMax Realty Team, Cape Coral coordinated efforts and provided a drop-off point with multiple vehicles and trailers to deliver the goods.

Hurricane Irma Strikes Refuge

ding darling goose logoThe following two articles are from the “Ding” Darling Wildlife Society Newsletter dated Sep 14, 2017:

“Hurricane Irma struck a lighter blow (reported winds of up to 80 mph) than expected to Sanibel Island on September 10. Extensive vegetation damage on Wildlife Drive and Calusa Shell Mound Trail will keep the

Refuge closed for an undetermined length of time, reports Supervisory Refuge Ranger Toni Westland. “It will take days with our limited staff, but it will make us stronger,” she said.

“Toni added that the storm seems to have had little impact on Refuge wildlife. “Hurricanes are a natural phenomenon, and wildlife has adapted,” she said. “Habitat and animals typically rebound quickly, and nature reconstructs in a hurricane’s aftermath. However, research is showing that as storms continue to increase in intensity, it will affect wildlife’s ability to bounce back.”

“She noted that the damage was much lighter and the recovery quicker at the Refuge and island than with Hurricane Charley in 2004. “That’s thanks to the removal of Australian pines and other exotics after Charley,” Toni said. “That’s why it’s so important to preserve mangroves and plant other native vegetation built to weather hurricanes.”

“For updates on the Refuge’s recovery progress, please monitor the official Refuge Facebook page.”

ding-ddlogo16“Ding” Darling Days STILL On – October 15-21, 2017

The Refuge plans to keep its annual “Ding” Darling Days eco-festival on track for October 15-21. CLICK HERE for a calendar and other details.

“Did you know? Mangroves have the potential to reduce wave and wind energy by 50%-75%. The J.N. “Ding” Darling National Wildlife Refuges is home to one of the largest undeveloped mangrove ecosystems. Mangroves not only ‘anchor’ an island down (and prevent erosion) during storms and high waves, but they also provide a safe place to shelter for many different species of wildlife. Natural and wild places are critical for communities to recover after a hurricane so that flooding can be absorbed by nature.”

Re-openings, Temporary Closings & More

Funny how fast September flew by this year. Already some of the places that closed for summer breaks, employee vacations, deep cleans, remodeling, etc. are reopening. Here’s a partial list…

Island Cow – had kitchen roof damage. Working on repairs now.

Island Pizza – continuing with their planned remodeling, so temporarily closed.

Open signOver Easy Café – reopened today. Open 7 days a week from 7 a.m. to 3 p.m. for breakfast and lunch.

The Pecking Order – stayed open through the storm & will continue their lunch special from 11 a.m. to 2 p.m. all of Sept.

Sanibel Farmers Market – still scheduled to reopen on Oct 1 on the grounds of City Hall from 8 a.m. to 1 p.m. For info on the other eight markets reopening in the Lee County, go to www.BuyLocalLee.com.

Sanibel Fresh – serving breakfast 8 a.m. to 11 a.m. Lunch from 11 a.m. to 4 p.m.

Traditions on the Beach – is open this month, Mon through Sat from 4 p.m. until late.

Sanibel & Captiva Multiple Listing Service Activity September 1-22, 2017

sancap GO MLS logoSanibel

CONDOS

1 new listing: Sundial West #K105 2/2 $897.5K.

No price changes.

1 new sale: Sanctuary Golf Villages I #5 2/2.5 listed at $699K.

No closed sales.

HOMES

5 new listings: 887 Casa Ybel Rd 5/3 duplex $575K, 1312 Par View Dr 3/2 $695K, 419 Lighthouse Way 4/3 $797.5K, 6412 Pine Ave 3/3 $1.295M, 1152 Buttonwood Ln 3/3.5 $1.499M.

4 price changes: 673 East Rocks 3/2 now $698K, 698 Spartina Ct 3/2 now $770K, 1043 Sand Castle Rd 3/2 now $850K, 789 Pyrula Ave 3/3 now $1.095M.

No new sales.

3 closed sales: 982 Main St 3/2.4 $465K, 519 Lagoon Dr 4/2 $800K, 1137 Golden Olive Ct 5/3.5 $1.5925M.

LOTS

1 new listing: 761 Donax St $279.9K

No price changes, new, or closed sales. 

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Bayside Villas #5136 1/2 $310K.

HOMES & LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

2017-09-11 Beach.jpg

The welcoming committee – ibis trio – at the Fulgar St beach access on 9/12/17

 

Until next Friday, let’s not hear about any more hurricanes!

Susan Andrews, aka SanibelSusan