A “King Tide” Kinda Friday on Sunny Sanibel

Another Friday is here with Sanibel and Captiva continuing to get busier with increased daytime traffic on Periwinkle Way. Our days are getting shorter with sunsets closer to 7 p.m. Temperatures have been a little cooler too, often with lower humidity. I heard on a weather report yesterday that the average date for local temperatures to dip below 90 degrees F is October 30. So soon, it will be even cooler. This week, it has been mostly sunny and breezy with day-time temps in the mid-80’s, nights mid-70’s.

This afternoon when teammate Dave and I were checking a new listing at Mariner Pointe, I noticed the canal water over the boat docks. When I mentioned it, Dave said “that’s because of the king tide”. Those happen, usually once or twice a year, in coastal communities. Typically, the highest tides of the year, that made me take my time heading back to the office as I snapped a few photos from a few other locations.

King tide at Mariner Pointe 2020-10-16, see the water over dock area.

On entry road to Sanibel Lighthouse 2020-10-16

Bay beach access at end of Bailey Rd 2020-10-26

End of Dixie Beach Blvd 2020-10-16

Our weekly update about the activity posted in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

How COVID-19 Has Changed The Real Estate Market

If you did not read the Sunday article on “ForbesLife” titled “COVID-19 Has Changed The Housing Market Forever”, here are a few tidbits.

“Amid all the uncertainty brought on by COVID-19 over the past six months, one thing is assured: the pandemic has re-ordered real estate markets across the board on an unprecedented scale. Some of this may be irreversible. Real estate’s re-sorting this time isn’t just based on markets crashing (the Great Recession), political turmoil (the 1979 oil embargo), or financial speculation (the first and second dot.com busts)—after which there’s generally confidence that overall consumer demand and buyer preferences will sooner or later snap back to normal.

“Thanks to the COVID-19 pandemic, more deep-seated, tectonic-sized questions beyond markets and interest rates are being asked this time around that no one really has the answers to yet—like will people feel safer living in the south and southwest where they can spend all year social distancing outside? What if companies let workers work remotely for the rest of their lives? Why go back to retail shopping when I’m already ordering everything online? What’s the point of living “downtown” if half of the restaurants, bars, and museums never open back up?

“How these questions get answered will fundamentally re-order how Americans live in the “new” pandemic normal, and as a result will play a huge X-factor in which cities and states will experience growth, demand, and price appreciation over the next 3-5 years, and which ones will stagnate and lose out….

“Against this backdrop, real estate’s new normal is also creating huge swathes of opportunity. Dozens of cities and counties that were once considered too small, too southern, too hot, too flat, or lacking in amenities, culture, or sophistication are now finding themselves being swooned to the top of the real estate desirability lists as Americans seek warmer, healthier, less dense, better educated, and more mobile places to live that offer closer access to the outdoors, better hospitals, smaller schools, and more open space with no clear end to the pandemic in sight….

“The repercussions of America’s great COVID migration has the potential to re-shuffle the essential demographic and economic balance of America for the next generation. Realtors, investors, and politicians should be paying attention…. By every metric, Americans are moving faster now than they were before the pandemic. Page-per-property views on real estate platforms like Realtor and Zillow are up over 50% year-over-year almost everywhere, inventory in America’s 100 top metro markets has been shrinking since March, along with days on market and the gap between list-to-sale price. A lot of real estate experts prefer the word “despite” when it comes to accounting for this phenomenon while the pandemic’s still raging, when it’s probably more accurately “because of”.

““Real estate markets have undergone noticeable shifts since the start of the coronavirus pandemic,” …“In the wake of the lockdowns in March, Americans discovered that existing homes were not adequate for the new work, teach, exercise, cook and live at home reality. Based on realtor.com surveys of consumers, we learned that home shoppers are looking for more space, quieter neighborhoods, home offices, newer kitchens and access to the outdoors, traits which have revived a strong interest in the suburbs and smaller metro areas.”

“…So what’s the bottom line? Keep your bathing suit and laptop ready to pack. The longer COVID-19 continues to push Americans into the “new” normal, the more of us will be moving south and west, working by the pool….”

City of Sanibel – Emergency Declaration, COVID-19, & Rental Property Deadline

Again, this week, Sanibel’s Mayor extended the declared state of emergency due to COVID-19 until October 20, 2020, unless further extended. (Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven days and thus must be updated weekly as the emergency exists.) Additionally, the City face covering mandate was reaffirmed and remains in effect through the period.

Per the Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 is 57. (Yes, that is a big increase in the last couple of weeks. Everyone is urged to continue social distancing, hand washing, mask wearing, and to avoid group gatherings.)

Also, this week, the City posted a notice to owners of island rental property reminding them that Dwell Rental License and Registration application submission is required by Friday, October 30. Questions about this process should be addressed to Code.Enf@MySanibel.com or Planning at 239-472-4136.

Sanibel & Captiva Islands Multiple Listing Service Activity October 9-16, 2020

Sanibel

CONDOS

4 new listings: Compass Point #232 2/2 $599K (our listing), Mariner Pointe #411 3/2 $599K (our listing), Surfside 12 #B1 3/2 $1.075M, Kings Crown #302 2/2 $1.499M.

Drone photo of Compass Point taken 2020-10-15 by JMA Photography

View from Compass Point #232

3 price changes: Loggerhead Cay #274 2/2 now $679K, Sanibel Inn #3512 2/2 now $726.5K, Tarpon Beach #207 2/2 now $899K (our listing).

Gulf view from Tarpon Beach #207

9 new sales: Spanish Cay #F6 1/1 listed at $293K, Sanibel Arms #B7 1/1 listed at $356.5K, Seashells #43 2/2 listed at $429K, Seashells #26 2/2 listed at $439.9K, Blind Pass #B111 2/2 listed at $475K, Mariner Pointe #813 2/2 listed at $569K, Villas of Sanibel #B202 3/3 listed at $1.895M, Plantation Village #B222 3/3 listed at $2.53M, Wedgewood #102 3/3.5 listed at $2.595M.

6 closed sales: Kimball Lodge #263 1/1.5 $490K, Pointe Santo #D32 2/2 $700K, Sundial #J107 2/2 $700K, Sandpiper Beach #202 2/2 $760K, Gulfside Place #121 2/2 $1M, Sanibel Sunset #301 3/2 $1.8M.

HOMES

5 new listings: 1860 Ibis Ln 5/3 $895K, 770 Elinor Way 3/2.5 $899K, 9277 Belding Dr 3/3 $925K, 1308 Tahiti Dr 3/3 $949K, 513 Lighthouse Way 3/3 $2.195M.

7 price changes: 9195 Dimmick Dr 2/2 now $449K, 315 East Gulf Dr 3/2 half-duplex now $579K, 1142 Shell Basket Ln 3/2 now $625K, 1001 East Gulf Dr 2/2 now $639K, 1610 Sabal Sands Rd 3/2 now $714.9K, 1430 Sanderling Cir 4/3.5 now $870K, 1069 Bird Ln 4/3.5 now $4.495M.

4 new sales: 9248 Dimmick Dr 3/3 listed at $699K, 1304 Par View Dr 3/3 listed at $750K, 734 Anchor Dr 3/2 listed at $829K, 2957 Wulfert Rd 4/4.5 listed at $1.525M.

10 closed sales: 9247 Dimmick Dr 3/2 $565K, 490 + 460 Old Trail 3/2.5 $675K, 9024 Mockingbird Dr 3/2 $780K, 215 Robinwood Cir 4/3 $800K, 756 Windlass Way 4/3 $810K, 776 Conch Ct 3/2 $850K, 919 Pecten Ct 3/3/2 $900K, 545 Lake Murex Cir 3/3 $1.035M, 790 Beach Rd 4/3.5 $1.18M, 3615 West Gulf Dr 3/2 $2.6M.

LOTS

1 new listing: 6000 White Heron Ln $889K.

No price changes.

1 new sale: 2279 Wulfert Rd listed at $318K.

No closed sales.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Bayside Villas #5136 1/2 listed at $399K, Lands End Village #1667 2/2 listed at $1.088M.

No closed sales.

HOMES

No new listings.

1 price change: 16189 Captiva Dr 6/4 multi-home now $4.099M.

1 new sale: 1124 Longifolia Ct 4/5 listed at $2.649M.

1 closed sale: 15879 Captiva Dr 3/3 $2.1M.

LOTS

No new listings or price changes.

1 new sale: 925 South Seas Plantation Rd listed at $5.899M.

No 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.

Below is our ad from today’s “Island Sun”.

Until next Friday, Susan Andrews, aka SanibelSusan

Paradise Post-Sally… Just Another Sunny Friday!

Tropical Storm Sally caused some excitement on Sanibel this week, even if she did not come ashore here. Following many rainy season days, Southwest Florida already was soggy when the storm slowly passed offshore last weekend. So slowly, that as the week began, the City reported that in just nine days, 20.47” of rain had been recorded. Then, there was more.

Late Sunday, between bands (silly me, I thought it had stopped), I went out to check a nearby listing. Just minutes from my home, I received multiple City and County tornado warning messages – cell calls, texts, and emails. Thankfully, those were just caution alerts. Within the hour, the warnings were canceled. There are some cool wall-of-water photos taken then, posted on www.MySanibel.com.

With more often-heavy rain and strong winds Sunday night, by daybreak Monday, a moat surrounded my home and Anchor Dr, at the gulf-end was impassable in a low vehicle. Since that was the last day of my Continuing Ed classes via Zoom, I opted to take them at home, while Elise opened the office.

A surprise for her was finding SanibelSquare also flooded. A little water made it in up the step and through our back door, but for the most part, the buildings here bordering Periwinkle are OK.

The back buildings were not as lucky. They remained flooded as did the parking lot until the sun came out Wednesday.

Monday when the water in our front lawn along the bike path subsided, Elise spotted the return of a marsh bunny. We were worried about those little guys.

We love our critters and got a giggle Tuesday afternoon when ducks enjoyed our parking lot, swimming by our back door.

Island-wide, including on Captiva, it took nearly all week for the water to go down in many areas. Today, when out doing sign and property checks, I saw high water at the entrance to West Rocks and in the swales along West Gulf Dr. Luckily the forecast for the next week (other than Sunday) has little or no rain expected.

At SanibelSusan Realty Associates

Our listings had a few more inquiries and showings this week. The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

The Association of Realtors® annual 12-part educational series to earn the islands specialist designation began this week. On Tuesday morning, I will be teaching the Resort and 2nd Home Market module by Zoom. It probably will not be as much fun as a classroom setting but I have my course material updated and will do my best to make it informative.

City of Sanibel

Again, this week, Sanibel Mayor Ruane extended the declared state of emergency due to COVID-19 until September 22, 2020, unless further extended. (Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven days and thus must be updated weekly as the emergency exists.)

Per the Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 is 49.

Effective today (Sep 18, 2020), on Sanibel, irrigation is permitted only two days per week based on property address. Odd addresses on Mondays and Thursdays, even addresses on Tuesdays and Fridays. No irrigation is permitted between 9 a.m. and 5 p.m. As of today, these regulations now apply year-‘round.

Another recent pro-environment City change is: As of Oct 1, 2020, plastic bags many no longer be used for yard and horticulture waste for collection by the City’s waste hauler. Yard and horticulture waste may continue to be properly bundled, collected in refuse containers, or disposed of in biodegradable paper lawn and leaf bags.

SCCF’s Turtle Patrol

SCCF Photo

The Conservation Foundation’s Turtle Patrol reported Monday that more than 50 sea turtle nests on Sanibel and about 25 on Captiva were still incubating as of Saturday. They thought about 10 nests may have washed away on Sanibel, but their team had not been able to assess Captiva due to high water.

Some nests were visibly washed out. Others had their stakes washed away, but eggs still incubating under the sand. Their turtle team worked all week to confirm which nests were fully lost. In some, they found stranded hatchlings and assisted getting them to the gulf.

Their updated report on Wednesday, said “Our team is using a GPS device to confirm which nests have been fully lost…. the beaches of Sanibel and Captiva, once crowded with a record number of yellow stakes marking nests, now host only 51 incubating nests on both islands combined. The season is all but over, with our last nests due to hatch in October. So far, 569 nests have hatched and 32,862 hatchlings have started their long journey to the Loop Current.”

Openings/Closings/September Scoop

The September vacations, deep cleans, and maintenance projects and improvements continue with the following business announcements this week:

Blue Giraffe – reopens tomorrow (Sat, Sep 18).

Cheeburger Cheeburger – reopens tomorrow (Sat, Sep 18).

Joey’s Custard – closed through Sep 30.

Over Easy Café – reopens tomorrow (Sat, Sep 18).

Paper Fig Kitchen – closed through Sep 20.

Schnapper’s – closed through  Sep 20.

The Sanctuary – Is often the site of our annual Realtor® End-of-Season Golf Tournament & Auction which some old-timers still call the “Over-the-Hump Party”. This year, because of the pandemic, it was postponed from late May until mid-October. This week it was announced that The Sanctuary has canceled all member and non-member events through December, so our tournament and party are canceled. But we will still have an RPAC auction – albeit a 2-day on-line event ending with a Zoom meeting. Just another twist to 2020.

Traditions at Island Inn – Closed for vacations through Sept 29.

Sanibel & Captiva Islands Multiple Listing Service Activity September 11-18, 2020

Sanibel

CONDOS

3 new listings: Casa Blanca #8 2/1 $375K, Sundial #D204 1/1 $450K, Loggerhead Cay #573 2/2 $679K.

4 price changes: Seawind #A108 2/2.5 now $528K, Mariner Pointe #421 2/2.5 now $579K, Loggerhead Cay #192 2/2 now $719K, Pointe Santo #E23 2/2 now $899K.

5 new sales: Seawind #A103 2/2.5 listed at $579K, Loggerhead Cay #532 2/2 listed at $689K, Island Beach Club #220F 2/2 listed at $745K, Blue Gulf #201 3/2 listed at $1.199M, Sanibel Sunset #301 3/2 listed at $1.95M.

2 closed sales: Colonnades #3 1/1 $235K, Pointe Santo #D21 2/2 $530K.

HOMES

2 new listings: 1653 Bunting Ln 3/2.5 $647K, 1352 Eagle Run Dr 3/2.5 $1.095M.

1 price change: 3751 Coquina Dr 3/2 now $839K.

8 new sales: 915 Main St 2/1 listed at $439K, 1797 Serenity Ln 2/2 listed at $445K, 799 Casa Ybel Rd 5/3 duplex listed at $570K, 690 Durion Ct 3/2 listed at $695K, 9307 Dimmick Dr 3/2 listed at $699K, 1170 Buttonwood Ln 4/2 listed at $899K, 2343 Wulfert Rd 4/4.5 listed at $1.42M, 1175 Bird Ln 4/3/2 listed at $3.25M.

6 closed sales: 3001 Swinging Wind Dr 2/2 $406K; 1350 Middle Gulf Dr #1F (Moonshadows) 3/3 half-duplex $708,375; 1406 Causey Ct 3/2.5 $830K; 1271 Sand Castle Rd 3/2.5 $880K; 1437 Causey Ct 3/2.5 $902K; 940 Lindgren Blvd 3/2 $935K.

LOTS

No new listings.

1 price change: 1159 Golden Olive Ct now $1.599M.

No new sales.

1 closed sale: 4767 Tradewinds Dr $1,435,750.

Captiva

CONDOS

No new listings or price changes.

6 new sales: Bayside Villas #5110 1/2 listed at $369.5K, Bayside Villas #4204 1/2 listed at $389K, Bayside Villas #5136 1/2 listed at $399K, Bayside Villas #5228 12 listed at $399K, Bayside Villas #4220 1/2 listed at $415K, Beach Villas #2422 1/1 listed at $545K.

1 closed sale: Tennis Villas #3120 1/1 $300K.

HOMES & LOTS

No new listings, 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.

Below is our ad from today’s “Island Sun”.

Until next Friday, Susan Andrews, aka SanibelSusan

Sanibel in September = Sunshine – Showers – Sunsets

 

Now that Sanibel September has settled in, it will be interesting to see how this year compares to those in the past. Usually the slowest month for island traffic, Septembers here usually are filled with annual repair and maintenance projects and a few temporary restaurant closures, staff vacations, and general “get ready for season” preparations. This year, September is coupled with election madness and the effects of COVID-19, but it does not seem to be affecting sales much. The market for single-family homes is hot-hot-hot.

This week, Southwest Florida weather has included plenty of summer showers, sometimes heavy, resulting in standing water in a few locations. Those big puddles make the wildlife happy but keep Lee County Mosquito Control super busy. They are doing a great job, by the way.

At SanibelSusan Realty Associates 

Though the Sanibel & Captiva Islands Association of Realtors® office remains closed, they have expanded their educational offerings. This week, I took two Zoom classes as part of the 14-hours of Continuing Education Realtors® must take every two years. Tuesday was a 4-hour “Internet Whiz” class by The Real Estate Technology Institute, followed by a 4-hour attorney-presented class Thursday on “Florida Realtors® Contracts”.

Monday is an all-day class that covers Ethics and Core Law. When done, SanibelSusan will be ready for license renewal (and better prepared for the Zoom class she teaches September 22).

This week our listings had some great inquiries/showings with more scheduled this weekend. The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a few news items below.

City of Sanibel

Of concern to many again was the jump in the number of reported virus cases. With schools back in session and more folks traveling, it is not the time to put your guard down.

On Tuesday, Sanibel Mayor Ruane issued City Proclamation 20-062, extending the declared state of emergency due to COVID-19 until September 15, 2020, unless further extended. (Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven days and thus must be updated weekly as the emergency exists.

Per the Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26, as of September 10, 2020 is 48.

Monday, September 15, at 9 a.m. is a regular City Council meeting with full agenda (available with live audio link at www.mySanibel.com). COVID-19 is one of many items on the agenda. It will be busy for City leaders that day as after the City Council meeting, the first budget hearing begins at 5 p.m.

Openings/Closings/September Scoop

400 Rabbits – probably opening in December at the Rabbit Rd former Doc Ford’s location, this new restaurant (by the owners of Paper Fig) today posted their new logo on Facebook.

It will be a Mexican-inspired restaurant and tequila bar. Now, that’s a new twist for Sanibel.

Fresh Produce – the clothing store at Periwinkle Place has closed for good (& will be missed).

Sanibel Sprout Juice Bar & Vegan Café – with remodeling almost complete, Sanibel Sprout expects to open soon in the former location of Totally Baked in Island Center at 2407 Periwinkle Way.

Traders Restaurant on Sanibel – which usually closes for the month of September for employee vacations will not close this year. Continuing through September, open Tuesdays through Saturdays from 4 to 8:30 p.m. for inside/patio dining, curbside pickup, & free delivery. Live music nightly beginning at 6 p.m.

Condo Projects Underway – In between the summer showers, several community projects are underway. Here are a few noticed this week: Exterior renovation including new paint & railings at White Sands. Major exterior renovation at Sanibel Arms West “B” building. Exterior work at Building C at Sanddollar too. At Loggerhead Cay, elevators being refurbished, & pool resurfaced.

What Precautions Are Vacation Rentals Taking?

Beach walk at Sanibel Moorings

Many have asked what island hotels and vacation rentals are doing to prevent spread of the virus? The below info is extracted from Sanibel Moorings website (www.SanibelMoorings.com) . It is a good example of how hard some businesses are working to keep visitors safe.

“*Important information: Per the City of Sanibel proclamation 20-040, face masks are now REQUIRED for all persons on the Island while indoors at public places, or when social distancing is not possible. Sanibel Moorings will require all persons to wear masks while inside all amenities such as the front office (currently closed for face-to-face interactions), conference room, guest laundry areas, fitness room, and anytime social-distancing is not possible, whether indoors or outdoors.*

“Vacation rentals are still under some restrictions per the State of Florida, Lee County, and the City of Sanibel.

The current restrictions and guidelines affecting Vacation Rentals in Sanibel are as follows:

  • Shall prohibit rentals to persons traveling internationally.
  • Shall allow adequate time between the conclusion of a guest stay and the check-in of the next guest stay for appropriate cleaning and sanitation.
  • Shall clean and disinfect all frequently touched surfaces in the property between each guest stay.
  • Shall wash all linens, dishware, and other service items available for use by guests between each guest rental.
  • Shall provide sufficient soap and surface sanitation supplies for guests to use in the vacation rental property during the guest’s rental period.
  • Shall ensure adequate safety protocols are in place and publicly displayed, in line with CDC guidance, regarding shared or multi-residence amenities such as pools, gyms, and other communal spaces.
  • Shall follow CDC guidelines for cleaning and disinfecting their facility, per the CDC site

“Sanibel Moorings Resort’s COVID-19 Cleaning Procedures and Fees: Safety and cleanliness are and always have been a top priority for us at Sanibel Moorings. At this difficult time, we understand providing the safest, cleanest environment for you is paramount and at the top of your mind! While we have always provided the cleanest accommodations, we have enhanced our already stringent protocols.

“Here are a few keys changes we have made to our condo cleaning process:

  • A 24-hour gap between guests is enforced to allow time to properly clean, disinfect and then sanitize every condo.
  • Housekeepers and staff may not enter a condo until at least three hours have passed since a departing guest has left the condo to allow bacteria and viruses in the air to settle to surfaces.
  • After three hours have passed, disinfecting spray will be applied to solid surfaces in the condo and housekeeping will remove all bath towels, sheets, bedspreads, blankets, and pillow shams to be professionally laundered after every guest departure. All garbage and recycling left by the guest will also be removed.
  • Maintenance will then enter the condo to perform preventative maintenance.
  • The following morning, housekeepers will thoroughly clean the condo.
  • After cleaning, the room will be inspected by a head of housekeeping.
  • After inspections, a disinfecting solution will be applied to the entire condo by an electrostatic fogger. The solution is botanical in nature and is non-toxic to humans and animals. Click here for more information about the product.
  • In order to allow the electrostatic fogger cleaning solution to penetrate all surfaces, decorative pillows and unnecessary paper items have been removed from every unit….

“With the new cleaning and disinfecting guidelines in place, we will need to have a minimum of 24-hours between guests in order to properly disinfect each unit. This may affect some reservations already made, which will need to be moved to accommodate this new process. We will contact all guests affected by the 24-hour policy directly. Thank you for your patience and understanding with this change.

“Changes in Staff Standard Operating Procedures:

  • A daily health questionnaire and temperature check is completed by each associate upon arrival to the office.
  • Associates that are not feeling healthy, have a temperature of more than 100.4 or that have symptoms of COVID-19 will be asked to stay home, see a doctor, and call their supervisor.
  • Personal Protective Equipment is used by staff while cleaning condos and common areas
  • Masks are required to be worn by associates if they cannot maintain 6ft distance from others

“Current Status of Sanibel Moorings’ services, activities, and amenities (which could change at any time):

The following are OPEN or available:

  • The Beach (Beach chairs and loungers are self-service. Bring your own umbrellas!)
  • Pools
  • Grills
  • Tennis Courts (No equipment is available. Please bring your own.)
  • Conference Center
  • Guest Laundry Rooms
  • Fitness Center
  • Beach Towel Rentals (delivery only)
  • Maintenance Work Orders (unit must be unoccupied while workers are present.)
  • DVD Rental (Delivery Only from 8:00am-4:30pm. Please call or text.)

“The following services, activities and amenities have been suspended or closed until further notice:

  • Beach Umbrellas (Please bring your own through October, 2020.)
  • Monday Shelling Lecture, Wednesday Garden Tours, Friday Beach Walk with Sanibel Sea School (Hopefully resuming in November)
  • Paddle Boards, Bikes, Canoe and Kayak Rentals through Sanibel Moorings
  • Laundry Exchange Window (call or text for delivery of fresh towels from 8:00am-4:30pm). Dirty bath towels should be taken to the Exchange Window bins designated for dirty towels and linens.
  • Maid service for in-house guests

“Our office will remain closed to in-person interactions. We are available, however, via phone, texts, and email from 8:00am-4:30pm every day and from 4:30-6:00pm for guest arrivals (check-ins) curbside….”

Sanibel & Captiva Islands Multiple Listing Service Activity September 4-11, 2020

Sanibel

CONDOS

No new listings.

5 price changes: Captains Walk #E8 2/1.5 now $385K, Sandalfoot #4B2 1/1 now $489K, Sundial #D305 1/1 now $529K, Sanddollar #B104 2/2 now $998K, Sanibel Sunset #301 3/2 now $1.95M.

6 new sales: Mariner Pointe #1083 2/2 listed at $490K, Kimball Lodge #263 1/1.5 listed at $525K, Kings Crown #112 2/2 listed at $679K, Sandpiper Beach #202 2/2 listed at $789K, Blind Pass #G105 4/3 listed at $969K, Gulfside Place #121 2/2 listed at $1.15M.

3 closed sales: Villa Sanibel #3A 2/2 $625K, Sand Pointe #223 2/2 $735K, Kings Crown #306 2/2 $825K.

HOMES

1 new listing: 1357 Jamaica Dr 2/3 duplex $559K.

3 price changes: 799 Casa Ybel Rd 5/3 duplex now $570K, 9307 Dimmick Dr 3/2 now $699K, 917 Lindgren Blvd 3/2 now $895K.

10 new sales: 5151 Sanibel-Captiva Rd 2/2 listed at $467K, 566 Boulder Dr 3/2 listed at $689.9K, 9128 Mockingbird Dr 3/2 listed at $699K, 979 Whelk Dr 3/2.5 listed at $900K, 836 Angel Wing Dr 3/2 listed at $939K, 595 West Rocks Dr 3/3 listed at $1M, 1035 S. Yachtsman Dr 5/4.5 listed at $1.099M, 930 Kings Crown Dr 3/2 listed at $1.395M, 5757 Baltusrol Ct 3/3 listed at $1.539M, 676 Gopher Walk Way 4/5 listed at $1.575M.

3 closed sales: 5304 Umbrella Pool Rd 3/3 $750K, 5422 Shearwater Dr 3/2.5 $750K, 2417 Wulfert Rd 3/3 $945K.

LOTS

No new listings or price changes.

2 new sales: 9226 Kincaid Ct $129K, 489 Ponce De Leon Rd listed at $219K.

No closed sales.

Captiva

CONDOS

No new listings.

1 price change: Lands End Village #1667 2/2 now $1.088M.

No new sales.

1 closed sale: Beach Homes #21 3/3 $2,775,050.

HOMES

No new listings or price changes.

2 new sales: 1105 Tallow Tree Ct 3/3 half-duplex listed at $2.495M, 15147 Captiva Dr 6/5.5 listed at $3.995M.

No closed sales.

LOTS

No new listings, 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.

Below is our ad from today’s “Island Sun”.

Until next Friday, Susan Andrews, aka SanibelSusan

Another Beautiful Friday on Sunny Sanibel

Another Friday again is here with the SanibelSusan Team reporting a few more inquires and showings with our listings, plus two new listings this week. (See the views from those listings below.)

View from Mariner Pointe #541

View from Lighthouse Point #229

During the same time, as islanders/visitors continued to dodge summer showers, all eyes were on Hurricane Laura as it gained strength through the gulf. Our thoughts are with those affected by the storm.

Almost daily, Sanibel and Captiva have been getting a good soaking. Wednesday’s afternoon dousing was strong and heavy with minor flooding in some areas. Thankfully, most of that water now has disappeared.

Below are a couple of news items followed by the action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service.

2020 Florida Realtors® Virtual Convention

This week was the first Florida Realtors® “virtual” convention. Since the mid-90’s, each August, I have attended these annual conventions in person in Orlando. It certainly was a different experience being virtual. Though it was a disappointment not to network with colleagues, it certainly was easy to hear/see the educational sessions and inspiring keynote speakers from the convenience of office or home. Those I viewed had excellent attendance, perhaps a plus from it being remote and FREE.

Kudos to Realtor® friends, Mike Bruno from Sarasota and Mari Colgan from Tampa who were the event chair/co-chair. Below are a few tidbits from a couple of the sessions I attended via ZOOM.

From the Legal Update presented by Florida Realtors® Law and Policy team, we learned that Florida’s Department of Business & Professional Regulation shows that there are 205,926 active sales associates; 21,641 active broker/sales associates; and 41,844 active brokers. Huge numbers!

When I first got involved with the state leadership team and became part of the Professional Development Committee’s Audition Panel for instructors, we used to say that when folks moved to Florida, they got a real estate license right after they got their Florida driver’s license. That still may be the case.

Florida Residential & Economic Trends (by Dr. Brad O’Connor, Florida Realtors® Chief Economist)

Brad and his research department track data from every area and with input from every Realtor® association in the state. He said that before the COVID-19 pandemic, 2020 was looking to be a record-breaking year for residential real estate in the Sunshine State. Even with that derailing of the U.S. economy, Florida home values remained stable and sales overall are surging this summer.

In comparing pending sales of existing homes by month to last year, in January and February, Florida sales were more than 12% ahead of last year. Then COVID hit. In March pending home sales were down 22% and in April down 35%. Pending sales of existing condos were off even more, during those winter months which typically bring the most sales in Florida. In March, Florida pending condo sales were off 35%, when compared to 2019. In April, condo sales were down 56%.

May was a month of transition. Pending home sales were up 2.3%, but condo sales still were off, lagging 16% behind last year. Over the summer, pending sales of both homes and condos have improved state-wide. Year-to-date, Florida home sales are up (though less than 1%), while condo sales are down more than 8%.

Interestingly, when looking at actual closed sales by county, Lee and Collier have had more sales than many areas. So far, demand in Florida has recovered faster than supply. Home inventory is down, but not so with condos.

Another interesting tidbit is that the loss in employment is much less in Florida, than nationally.

What is the outlook for Florida’s housing and economy? Brad said several factors will affect this:

  • Inventory shortage looms large
  • Fiscal and monetary policy responses/stimulus
  • Mortgage forbearance & loan delinquency packages
  • Renter eviction moratoria
  • International buyer activity
  • Pandemic progression & school re-openings.

Calling the iBuyer Bluff (by Steven David)

Maybe you are not familiar with the term iBuyer, but I bet you have heard of Zillow, seen their website, and looked up their Zestimate® for a property, maybe your own home. Did you know that the actual market value of a property and a “Zestimate®” are WAY different? (P.S. FYI, an iBuyer is a company that uses technology to make an instant offer on your home.)

As a long-time fan of Steven David, in this class he provided data and calculations that explain the bottom-line difference Realtors® make in listing/selling property.

What is a Zestimate? Steven said that by Zillow’s own account, a Zestimate is the “estimated market value” of a property. By estimated, they mean a home value assigned using proprietary computer algorithms developed by statisticians. A Zestimate does not involve human touch, vision, or interaction.

I deviated from Steven’s presentation and looked up exactly what Zillow says on their website – by their own definition: “Zillow is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the place they call home, and connecting them with the best local professionals who can help.” What does this definition mean? It means Zillow is a marketing company, looking to profit from real estate transactions.

Steven David, through his presentation, commented on how professional Zillow was in their email interactions with him, but the difference between what they said a property is worth and what they were willing to pay for it was astounding.

He used as an example a property in an area that he knows in Margate, FL that had a Zestimate® value of $260,071. Again, Zillow carefully explains on their site that a Zestimate is an estimate of valuation using basic facts or computer-generated data.

What does this mean? It means that no one actually viewed or visited the property, no people were involved in the calculation, no “real” comparables were used, and who knows if that value is what “real” people will pay for it.

Zillow also offered to buy this same property (with $260,071 Zestimate®) for $226,550 and that offer is before they deducted their fees and selling costs.

Here is some info about those: From the $226,550, they deducted 6% selling costs. (Maybe what they think a sales commission could be.) Then they deduct a 1% Zillow service fee. Now the Seller net is down to $210,645, but there is more!

They then deduct closing costs (in this case $3,461). (Maybe they know who pays what for closing costs in that county or area, or maybe it is another Zestimate. The closings costs at that sales price wouldn’t have been that much here.)

Next, they deduct repairs and upkeep based on what they consider the market average for a property in that price range. In this case, they said the repairs needed would be between $9,800 and $17,200. (Where do these numbers come from? Have you ever sold a property that needed that much in repairs?)  For his example, Steven used an average of Zillow’s repair range or $13,500.

Are you wondering how they can deduct monies to fix up a property that they have not seen? Maybe that property is in tip-top condition and does not need a thing.

Pure and simple, using this actual example with the documentation to prove it. Zillow would buy the property they Zestimate at $260,071 for $226,550, with a net to Seller of $193,684 (after deducting their costs of sale). That is more than 25% less than their own Zestimate®.

So, the question becomes, why pay someone to get you less than fair market value? It has been proven time and time again though real sates data, that Realtors® bring added value to a transaction. Above and beyond the money, Realtors® bring hope and confidence to a transaction.

The virus is driving demand to real estate with folks vacating big cities and Florida being one of the best states for growth. Real estate “always” comes back and long-term “always” works. Do not be swayed by an estimate or Zestimate® and do not be taken advantage of by someone who does not know your community and has not seen your property.

Steven said that the total value of all real estate in the United States is $38 trillion. With Zillow, those owners could lose trillions. Be smart, know that a Zestimate may include as much or more than 25% in guesstimated fees.

City of Sanibel COVID-19 Update

On Tuesday, Mayor Ruane extended Sanibel’s declared State of Emergency in response to COVID-19, until September 1, 2020, unless further extended. (Per State Statute the maximum time for a Mayoral Declaration of Emergency is seven days, so it must be updated weekly while there are emergency conditions.)

The proclamation #20-060 and posting on the City’s website says: “Per the State Department of Health the number of COVID-19 positive cases reported in the 33957 zip code since the inception of the pandemic remains at 41. This is the accumulative number of COVID-19 positive cases since March 26, 2020 not the number of currently active cases.

No new cases on Sanibel have been reported by the Florida Department of Health for the past eleven days. This is not a reason to lessen our community’s diligence in reducing the spread of the virus. To assist the citizens of Sanibel, City staff track Sanibel specific trends of the COVID-19 cases, released to the public by the State Department of Health. As of today (March 25, 2020), the total number of COVID-19 cases reported on Sanibel represent 0.2% of the total COVID-19 cases reported in Lee County (in which Sanibel is located) since the inception of the pandemic. Per the U.S. Census Bureau 2019 Population Estimate, Sanibel represents 0.9% of the total population of Lee County.”

Sanibel & Captiva Islands Multiple Listing Service Activity August 21-28, 2020

Sanibel

CONDOS

5 new listings: Mariner Pointe #541 2/2 $515K (our listing), Lighthouse Point #229 2/2 $712K (our listing), Island Beach Club #220F 2/2 $745K, Pelicans Roost #102 2/2 $959K, Pelicans Roost #106 2/2 $979K.

3 price changes: Mariner Pointe #813 2/2 now $569K, Sanibel Inn #3514 2/2 now $705K, Sanibel Surfside #125 2/2 now $950K.

3 new sales: Spanish Cay #F4 2/2 listed at $399,999; Sand Pointe #223 2/2 listed at $749K; Plantation Village #322 3/3 listed at $2.55M.

1 closed sale: Colonnades #13 1/1 $283K.

HOMES

2 new listings: 915 Main St 2/1 $439K, 3935 Coquina Dr 4/3 $949,949.

5 price changes: 4044 Coquina Dr 2/2 now $499K, 9455 Beverly Ln 2/2 now $524K, 979 Whelk Dr 3/2.5 now $900K, 1672 Hibiscus Dr 3/2 now $925K, 676 Gopher Walk Way 4/5 now $1.575M.

7 new sales: 9247 Dimmick Dr 3/2 listed at $580K, 1068 White Ibis Dr 3/3 listed at $719K, 215 Robinwood Cir 4/3 listed at $829K, 2984 Island Inn Rd 3/2 listed at $849K, 1170 Buttonwood Ln 4/2 listed at $899K, 919 Pecten Ct 3/3/2 listed at $999K, 537 Lake Murex Cir 3/3 listed at $1.095M.

8 closed sales: 1567 Sand Castle Rd 3/3 $540K, 9426 Beverly Ln 3/2 $560K, 1827 Middle Gulf Dr 2/2 $589K, 1813 Farm Trl 3/2 $610K, 1476 Sand Castle Rd 3/2 $670K, 1515 Angel Dr 3/2 $810K, 660 Durion Ct 3/2 $850K, 401 Lagoon Dr 4/4 $858K.

LOTS

No new listings.

1 price change: 5627 Baltusrol Ct now $289K.

1 new sale: 4334 West Gulf Dr listed at $989K.

No closed sales.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Beach Homes #30 4/4.5 listed at $3.65M.

1 closed sale: Tennis Villas #3234 2/2 $472K.

HOMES

No new listings, price changes, or new sales.

1 closed sale: 11547 Laika Ln 4/4 $1.725M.

LOTS

No new listings, 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.

Below is our ad from today’s “Island Sun”. I had fun preparing that one!

Until next Friday, enjoy your weekend, the last few weeks of summer, & please contact The SanibelSusan Team if we can help you with real estate on the islands!

Susan Andrews, aka SanibelSusan

When It Rains on The Islands, Just Wait a Few Minutes

It has been another week of typical July weather on Sanibel and Captiva Islands – bright blue skies with big white puffy popcorn clouds often rolling in, bringing along a quick shower and resulting in some terrific sunsets. I took a quick detour on my way back to the office about 1 p.m. this afternoon trying to capture a photo of those clouds. My quick trip up Bailey Road was not fast enough, so I tried Dixie Beach Blvd. You can see from the photos below that it was already raining off island with waves forming on San Carlos Bay and Pine Island Sound. Now the rains have stopped, with both islands first getting a good dousing.

From the lot at the end of Dixie Beach looking toward Woodring Rd

Already raining across Pine Island Sound.

A few little white caps on San Carlos Bay

New real estate action was down a little this week following the departure of holiday visitors, but overall, closed sales are doing well. Below is a summary comparison of island sales (from January through today) over the last three years. Current inventory also is shown.

For those who can work from home or want to spend more time here, there is plenty of inventory and lenders are offering some of the best programs in decades. Prudent buyers also will note that prices again are creeping up.

Residential Property – Condos, Homes, & Lots
Sanibel Captiva Total Both Islands
Sold/Closed from 1/1 to 7/17 # Avg Price # Avg Price # Avg Price
2020 214 879,346 32 2,024,593 246 1,028,321
2019 227 841,871 22 1,856,533 249 931,522
2018 272 1,011,547 29 1,430,385 301 1,051,900
For Sale Now 316 1,156,219 86 2,610,933 401 1,469,652

Looking more carefully at sales to-date this year, here are answers to some questions often posed to Realtors®. (My answers are based on the island Multiple Listing Service.)

What is the cost of a 2-bedroom condo on the gulf? On Sanibel, today there are 55 for sale, average asking price $815,576. On Captiva, seven are for sale, average asking price $1,285,214.

What if I need 3 bedrooms? Expect to pay a lot more. On Sanibel, 16 are for sale, average asking price $1,634,125. On Captiva, six are for sale, average asking price $2,456,500.

How much do properties sell off their asking price? Looking at those same property types and sales this year, 33 Sanibel 2-bedroom gulf condos sold in prices ranging from $508,000 to $1,200,000 (a huge spread). Average sale price compared to average list price = 94%. On Captiva, there were just four gulf-side 2-bedroom condo sales. Prices ranged from $674,500 to $1,480,000. There, average sale price compared to list price is 96%.

What is the cost of a single-family 3-bedroom home with pool near-the-beach? That is the most popular island property. On Sanibel, 14 are for sale, average asking price $855,278. Year-to-date, 13 have sold at prices ranging from $447,000 to $1,167,500. Average sale price $875,657 is 94% of the average asking price. On Captiva, four are available, average asking price $1,818,500. Year-to-date, just two have sold. Average sale price of $1,862,500 is 94% of average list price.

Below are a few news items followed by the activity this week in the Sanibel & Captiva Islands Multiple Listing Service. You will notice that there was just one new Sanibel condo sale, while there were eight home sales. Closings were similarly split this week with no Sanibel condo closings, but 11 Sanibel homes closed. Usually condo buyers are here now… hopefully they are coming soon!

City of Sanibel

On Tuesday, Sanibel City Council met for their regularly scheduled meeting. One item discussed was the City budget and the expected 2020 millage rate.

As reported in today’s “Island Sun”:  “Despite COVID-19, island property values are projected to have risen this year, although by less than one percent, and the City is projected to have the lowest tax rate since 2007.”

There was no change in the Mayor’s State of Emergency Proclamation Due to COVID-19, other than extending it until July 21.

Great News from Turtle Patrol

Posted Wed on SCCF’s (Sanibel-Captiva Conservation Foundation) FaceBook page:

“Captiva has broken its record for the most loggerhead sea turtle nests ever documented! With 231 nests, the island is well ahead of last year’s record of 193 loggerhead nests.

“On Sanibel, we are up to 585 loggerhead nests with a couple weeks of nesting still to go. The previous record on Sanibel was set in 2017 for loggerheads, with 649 nests.

“We are now tracking three loggerheads that nested on our beaches this summer. Last week, our team tagged a loggerhead named Periwinkle…. Pepper, Junonia, and Periwinkle received satellite transmitters this nesting season to learn more about the inter-nesting movements, migratory pathways, and foraging grounds of loggerheads nesting on our beaches. Click here to track these turtles! https://www.trackturtles.com/

Why We Love It Here

Here are a few reminders of why so many love Sanibel and Captiva:

Tops in Nation – Widely recognized & consistently ranged as one of the country’s top destinations for beach combing, shelling, kayaking, bird watching, and biking. Family Fun magazine has rated Sanibel a top overall family attraction.

Popular Winter Destination – The American Society of Travel Agents has ranked the beaches of Sanibel and Captiva in their top ten most popular winter destinations. The Weather Channel also has ranked the islands in its top five winter escapes, along with Key West, Kahului (in Maui), Honolulu, and Miami.

Sanibel Shell Festival – Beaches are ranked some of the best in the world for shelling. More varieties can be found here than anywhere else in North America. Shelling posture is so common, that it has a name – The Sanibel Stoop. It also is no wonder that the Sanibel Shell Festival will celebrate its 84th year in 2021. Among the rare shells collected here are the brown speckled junonia, sculpted lion’s paw, coveted golden olive, golden tulip, and Scotch bonnet. Live shelling is banned, but shell seekers are encouraged to pick up abandoned treasures that wash up on shore.

J.N. “Ding” Darling National Wildlife Refuge – Occupying more than half of Sanibel, the national wildlife refuge was named for Pulitzer Prize-winning cartoonist Jay Norwood Darling, who also was the first environmentalist to hold a presidential cabinet post (Franklin Delano Roosevelt’s administration).

Boating – There are plenty of opportunities on the islands and surrounding waterways for water enthusiasts, from easy kayaking to serious tarpon fishing. Boat straight across the state from Fort Myers/Sanibel to Palm Beach via the Caloosahatchee River and Okeechobee Waterway, both part of the intra-coastal waterway.

Creativity Abounds Here – From authors to artists to musicians & more – Anne Morrow Lindbergh, the wife of America’s famous aviator, wrote her best-selling book, “A Gift from the Sea,” without identifying it as Captiva Island.

Gladiolus Capital – Some of Lee County’s original settlers were flower growers from the Benelux region of Europe. At one time their horticultural efforts made nearby Fort Myers the “Gladiolus Capital of the World.”

Update on The Wildlife Refuge

From the July 16, 2020, “’Ding’ on The Wing”, News from the ‘Ding’ Darling Wildlife Society:

Tarpon Bay Explorers has restructured its Sealife and Nature Cruises schedule. Currently, the tours depart every Monday, Wednesday, Friday, and Sunday at 11, 1:30, and 6. Keep current on developments via our COVID-19 web page.  In the meantime, we urge you to #StayHome as much as possible, get out in nature when you can, and maintain social distance and mask guidelines when you must go out.”

At the Refuge store, their special edition Sanibel Shells masks are in stock and more Roseate Spoonbill masks are expected to arrive soon. Easy to order at ShopDingDarling.com.

Realtor.com’s Website Has ‘Record-Level’ Buyer Interest

Posted July 10 on FloridaRealtors® on line:

“The site created a Housing Market Recovery Index just a few weeks ago to gauge the market’s return to “normal,” and real estate is already close to pre-pandemic levels.

“Realtor.com says its monthly website traffic hit an all-time high of 86 million unique users in June 2020, breaking May’s record of 85 million unique users. It also broke its daily record on June 25 when 7 million unique users visited the site.

“Realtor.com created a new Housing Market Recovery Index in early June to gauge how fast the pandemic-slowed real estate market returned to “normal.” The index considers a score of 100 to represent the real estate market on Feb. 1, 2020 – before the pandemic hit – and any current metro score below 100 represents its relative weakness compared to the pre-pandemic market.

“In many metro areas, however, the index has returned to something close to normal; in some areas, it’s even improved.

“In the four Florida metro areas realtor.com includes in its Index, one has already passed the Feb. 1 baseline – Jacksonville with an index of 100.4 – and the other three are only slightly below for the week ending July 4.

Nationwide, the index number reached 97.8, which is the largest weekly increase since the index was introduced. The week’s 2.1-point increase week-to-week brings the index just 2.2 points below the pre-COVID baseline. However, supply remains the biggest factor that will slow a recovery, realtor.com analysts say. Total listings on realtor.com are down 31% year-to-year.

“All-time low mortgage rates and easing job losses have boosted buyer confidence back to pre-pandemic levels,” says Javier Vivas, director of economic research for realtor.com. “With supply at record lows, the backlog of demand portends increased competition and a seller’s market in the weeks ahead. While buyers are back, growth in home sales this summer will be constrained by the slow return of sellers and the limited amount of homes hitting the market.

“Nationwide, listings spent three days less on the market year-to-year the week of July 4. Asking prices on realtor.com were up 6.2%, and the number of new listings were down 4%. Out of the 50 metros included in the Index, the Boston area ranked first with a score of 119.9; the Milwaukee metro area ranked last with a score of 85.8.”

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

Sanibel

CONDOS

5 new listings: Spanish Cay #F4 2/2 listed at $399,999; Kimball Lodge #263 1/1.5 $525K; Loggerhead Cay #542 2/2 $699K; Sundial #T201 2/2 $830K; Surfside 12 #A4 3/2 $849K.

4 price changes: Sanibel Arms #B1 1/1 now $419K, Sundial #C301 1/1 now $460K, Mariner Pointe #421 2/2 now $589K, Kings Crown #306 2/2 now $838K.

1 new sale: Sanibel Surfside #126 2/2 listed at $799K.

No closed sales.

HOMES

1 new listing: 1304 Par View Dr 3/3 $775K.

1 price change: 1720 Dixie Beach Blvd 3/3 now $995K.

8 new sales: 9426 Beverly Ln 3/2 listed at $575K, 1827 Middle Gulf Dr 2/2 listed at $589K; 6033 Dinkins Lake Rd 3/3.5 listed at $698.5K; 1515 Angel Dr 3/2 listed at $849,948; 1358 Sand Castle Rd 4/3.5 listed at $995K; 1010 Kings Crown Dr 3/3 listed at $997K; 3706 West Gulf Dr 4/3 listed at $1.325M; 3615 West Gulf Dr 3/2 listed at $2.995M.

11 closed sales: 1695 Serenity Ln 3/2 $514K, 3947 Coquina Dr 2/2 $550K, 990/992 Greenwood Ct N 3/2.5 duplex $640K, 9418 Moonlight Dr 3/2 $655K, 1978 Roseate Ln 3/2 $680K, 1285 Par View Dr 4/2.5 $700K, 1220 Sand Castle Rd 3/2.5 $775K, 676 Emeril Ct 3/2 $830K, 847 Lindgren Blvd 3/2 $850K, 1230 Bay Dr 3/2 $1.45M, 2460 Harbour Ln 3/3 $1.75M.

LOTS

No new listings.

1 price change: 0 Island Inn Rd now $599,555.

No new or closed sales.

Captiva

CONDOS

No new listings.

2 price changes: Bayside Villas #5234 1/2 now $399K, Beach Homes #30 4/4.5 now $3.65M.

2 new sales: Tennis Villas #3114 1/1 listed at $329K, Beach Homes #21 3/3 listed at $3,000,050.

No closed sales.

HOMES

1 new listing: 11520 Wightman Ln 3/2 $2.589M.

1 price change: 16500 Captiva Dr 6/6/2 now $6.389M.

1 new sale: 11547 Laika Ln 4/4 listed at $1.995M.

2 closed sales: 11520 Wightman Ln 3/2 $2.5M, 16221-16217 Captiva Dr 5/5.5 $3.6M.

LOTS

No new listings, 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.

Below is our ad from today’s “Island Sun”.

Until next week, Susan Andrews, aka SanibelSusan

The Last June Friday & It’s HOT!

Lighthouse this week 06-26-2020

It’s time for another Friday update about Sanibel & Captiva real estate. Island weather has been mostly hot and sunny this week. A good time for our photographer to capture blue skies – always a plus in listing photos.

another beach 06-26-2020Our listings are getting more inquiries and showings. We are handling showings cautiously, wearing masks whenever social distancing is not possible, and requesting that prospective buyers do the same.

Obviously, this is not the case everywhere as the number of COVID cases in Florida is increasing, including in Lee County. This week, again during my (at least) two daily passes up and down Periwinkle Way, it has been disheartening to see crowds and lines of patrons at restaurants along the way. Only once did I see a family wearing masks. Grrr! (Yes, they were outside, but they were squeezed together, young and old alike.)

Sanibelcityseal logoNo wonder Sanibel City Council has called another special meeting. It will be Tuesday at 9 a.m. which is when the current city Emergency Declaration expires. (I will be at the meeting.) You can listen to the audio through a link on mySanibel.com (click agendas & meetings and follow the link).

Though both the Sanibel July 4th parade and fireworks are cancelled, the number of holiday visitors arriving tomorrow and next week will increase. We hope they respect the situation and those around them.

The Luxury Housing Market Is Back & Vacation Destinations Are Hot

realtor.comThe below article by Clare Trapasso was posted yesterday (Jun 25, 2020) on Realtor.com. Though not mentioning Sanibel and Captiva specifically, much of what she writes applies here. Though there were several weeks on Sanibel/Captiva with little to no sales (late March and April), island popularity has grown. As we follow our listing hits on Realtor.com, the MLS systems, and other real estate sites, the numbers have increased dramatically over the last few weeks. It is more than just folks being stranded at home and having more time to search the internet. Sales are occurring. Read about that after the Realtor.com article below:

“The middle of a pandemic-induced recession, with millions of people out of work and the future uncertain, does not seem like the best time to drop big bucks on a home. That is, unless you’re a wealthy city dweller and that home is a luxury property with an in-ground pool and plenty of acreage, far from the potentially infected urban hordes.

“Interest and prices in the luxury housing market rose sharply in May, according to a recent realtor.com® report. (Realtor.com defines luxury as the top 5% of the most expensive homes in a given market.) And demand in that sector has shifted from sleek, urban high-rises to popular vacation destinations where buyers can score larger, more private residences in less populated areas.

“”COVID-19 and the recession have not affected everyone equally,” says Javier Vivas, realtor.com’s director of economic research. “We’re coming off a great economic boom … and home buyers in the luxury tier have accumulated wealth for these types of purchases. This is not atypical, as high net worth individuals are traditionally less affected by recessionary blips, and some see it as an opportunity to invest or offload cash into real estate.”

“This increase in demand for high-end homes is driving prices up. The entry point for luxury homes rose to a median $2.97 million in May. That’s up 0.5% from April and 6.1% from the previous May, when no one had even heard of COVID-19.

“In addition, views of luxury home listings on realtor.com shot up 7.3% year over year in May. That was a departure from April, when views of such listings plummeted 9.5% compared with the previous year.

“In the New York City region, an early U.S. epicenter of the pandemic, members of the richest 1% focus their home searches on the Hamptons, a string of exclusive beach communities on the eastern end of Long Island; in upscale parts of New Jersey; and the New York City suburbs. (Prices for luxury properties in the city itself remained steady though, a slight improvement over the mild declines they were seeing before the pandemic.)

Views per property on luxury listings rose 72% annually in the Hamptons in May. They also shot up 40% in Union County, NJ; 30% in Bergen County, NJ; and 28% in Somerset County, NJ. Before the pandemic, listing views were up only 10% to 21% in these areas.

“”COVID-19 hit these regions hard and early compared to the rest of the country, prompting potential buyers to reassess their needs and priorities,” says Vivas.

“”With the lockdowns and lingering health concerns, buyers of all ages are placing more value on extra space and privacy, with more opting for safer and larger spaces at the expense of [the] urban living lifestyle,” he adds. “That’s made the suburbs and exurbs more attractive, particularly for households who can afford the price tag and those who can work virtually.”

“Other popular destinations were the desert getaway of Palm Springs, CA and Greenwich, CT, a wealthy enclave just outside of New York City. Luxury listing views rose 28% and 24% in those locations, respectively.

“However, not all high-end markets fared as well. Interest has waned in Honolulu, Key West, FL; Pebble Beach, CA; and Colorado ski towns in Eagle and Summit counties.

“There was also still a shortage of luxury listings. The number of $1 million-plus homes on the market dropped 15.6% year over year in May. These homes also took a bit longer to sell—a median 89 days on the market in May compared with 71 days a year earlier.

“Clare Trapasso is the senior news editor of realtor.com and an adjunct journalism professor at the College of Mount Saint VIncent. She previously wrote for a Financial Times publication, the New York Daily News, and the Associated Press. She is also a licensed real estate agent. Contact her at clare.trapasso@realtor.com.”

At SanibelSusan Realty

2017-09-12 OfficeIn the office, our listings got good action this week. We had several inquiries and showings (including with our new listings). We also got another new condo listing and have a new home listing that begins tomorrow, plus we received a price reduction on a lot listing. I was out showing homes this afternoon and will be showing condos on Monday.

The action posted in the Sanibel & Captiva Islands Multiple Listing Service is below.

On Sanibel, there were another seven home sales and two condo sales. Homes sales continue to prevail, but the summer months often are when more condo buyers are here, particularly those looking for a weekly rental. We have some listings that are priced well and should move. The low interest rates will help.

Sanibel & Captiva Islands Multiple Listing Service Activity June 19-26, 2020

realtor-mlsSanibel

CONDOS

1 new listing: Blind Pass #E101 2/2 $499K (our listing).

Pool aerial

Blind Pass clubhouse, pool, tennis…

4 price changes: Colonnades #C3 1/1 now $259K, Sanibel Moorings #1512 2/2 now $534K, Sanibel Arms West #M2 2/2 now $546K, Pine Cove #202 3/2 now $1.395M.

2 new sales: Heron at The Sanctuary #3B 3/2.5 listed at $799K, Island Beach Club #340E 2/2 listed at $1.149M.

2 closed sales: Sand Pointe #131 2/2 $709K, Tantara #203 3/2 $1.095M.

HOMES

3 new listings: 799 Casa Ybel Rd 5/3 duplex $585K, 1114 Sabal St 2/2 $795K, 3850 Coquina Dr 3/3 $1.048M.

12 price changes: 1684 Bunting Ln 2/2 now $459.9K, 9465 Calla Ct 3/2 now $499K, 1954 Roseate Ln 3/2 now $549K, 1567 Sand Castle Rd 3/3 now $595K, 1031 Sand Castle Rd 3/3 now $695K, 934 Cormorant Cir 3/2 now $729K, 9128 Mockingbird Dr 3/2 now $739K, 5304 Umbrella Pool Rd 3/3 now $770K, 5659 Sanibel-Captiva Rd 2/2 now $790K, 734 Anchor Dr 3/2 now $889K, 6176 Henderson Rd 3/2 now $998K, 1081 Captains Walk St 4/2.5 now $1.04M.

7 new sales: 3947 Coquina Dr 2/2 listed at $569K, 1593 Sand Castle Rd 3/2.5 half-duplex listed at $589K, 701 Nerita St 3/2 listed at $698K, 1220 Sand Castle Rd 3/2.5 listed at $795K, 5056 Joewood Dr 3/2 listed at $824.5K, 660 Durion Ct 3/2 listed at $849K, 5615 Baltusrol Ct 4/6/3 listed at $2,999,999.

2 closed sales: 2065 Wild Lime Dr 3/2.5 $582,950; 1828 Farm Trl 3/2 $675K.

LOTS

No new listings.

1 price change: 1894 Farm Trl now $199K (our listing).

default

1894 Farm Trail lot

No new or closed sales.

Captiva

CONDOS

No new listings.

2 price changes: Tennis Villas #3120 1/1 now $308K, Lands End Village #1667 2/2 now $1.098M.

No new sales.

1 closed sale: Beach Villas #2414 2/2 $674.5K.

HOMES & LOTS

No new listings, 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.

Below is our ad from today’s “Island Sun”.

Island Sun 6-26-2020

Enjoy your weekend! Stay safe & well!

Susan Andrews, aka SanibelSusan

Sanibel’s Social Distancing Continues… Carefully… Safely

It is another happy Friday at SanibelSusan Realty. Happier than last week because the sun is shining, the humidity is down, more showers have vegetation greening up, and best-of-all, a phased reopening of the island is underway. Periwinkle Way even had more vehicles this morning. Hooray!

Gulf waters are beautiful too and the local wildlife seem to be enjoying less human interaction. On the east-end, I have noticed more bunnies, while snowy plover hatchings in the area of Olde Sanibel, also are ahead of schedule. A large area of nests is roped off with itty bitty babies already running around.

Trasi from Over Easy Café recently posted a cool Facebook photo of a large bobcat crossing West Gulf Drive while Bridgit from The Pecking Order is forever capturing amazing animal close-ups during her dog-walking adventures. As mentioned last week, island sea turtle nests also are ahead of schedule with 13 nests now documented, including two rare leatherback nests (one on each island).

Sanibel City Proclamation Re: Covid-19

I listened live to both the Monday and Wednesday City Council meetings. Wednesday’s was a long one from 4 to 9 p.m. including almost two hours of public comments. The City’s earlier “State of Local Emergency” order was expiring. It closed public beach parking areas and most businesses (other than those deemed essential) and stopped occupancy by incoming vacation rental and hotel guests.

The Wednesday meeting resulted in the following proclamation changes.

  • City-owned beach parking areas will remain closed until May 15.
  • Restrictions on residential accommodations/lodging remains in effect until May 15.
  • The Governor’s Executive Order for Phase 1 for Re-Opening Florida was adopted.

To clarify reopening of restaurants and outdoor seating, today the City issued guidance and is temporarily permitting Sanibel restaurants and food establishments up to 1,800 sq. ft. for outdoor dining, with social distancing and other required criteria. Go to www.MySanibel.com for all the details.

City Council has a regularly-scheduled meeting coming up on Tuesday at 9 a.m.  Their agenda and link to the audio also are posted on the City website. Listen in, if you have time. Our councilors and City staff really are working many extra hours for all of us.

In other Covid-19 news, this afternoon, Mayor Ruane posted the following message on his Facebook page: “Today Lee County Commission in coordination with the state of Florida announced the new Covid 19 testing site at the Twins Stadium starting on Monday to Friday from 9am-5pm drive thru testing, no prescription is requested and free to all people. Another location will also be at the Walmart in Lehigh through private labs with a cost to the patient. Lee County is looking out for our residents!”

Real Estate Happenings

I have been in the office most afternoons with teammate Elise and I crossed paths today for the first time in six weeks. Where have the weeks gone?

The details of all the action posted this week in the Sanibel and Captiva Multiple Listing Service follows a couple of news items below. The good news is, there were five new island sales, four on Sanibel and one on Captiva.

Since some island listings expired the end of April and a few others were withdrawn, below are inventory summaries with sales to-date as of today, May 1.

  Condos Homes Lots
  # Price $* # Price $* # Price $*
Sanibel
For sale 115 775,591 164 1,400,585 70 794,631
Under contract 12 821,416 17 980,058 0 N/A
Sold/closed thru 5/1/2020 59 731,060 81 1,113,106 4 849,666
Sold/closed in 2019 127 694,392 211 949,790 15 372,200
Sold/closed in 2018 155 720,617 218 1,112,748 21 602,095
Captiva
For sale 44 1,067,769 42 3,231,880 3 3,563,000
Under contract 1 1,795,000 2 2,847,500 0 N/A
Sold/closed thru 5/1/2020 9 803,111 7 3,331,142 2 1,925,000
Sold/closed in 2019 29 1,037,077 17 2,737,503 1 1,375,000
Sold closed in 2018 27 797,532 25 2,127,352 0 N/A

Note: “For sale” & “Under contract” prices are asking prices.

Though the last few weeks saw few sales, I remain optimistic. The islands will bounce back, better than ever. Many stranded in less desirable locations, certainly will view it as more of an island paradise. If one must be stranded at home, it really is a wonderful place to be.

Social-Distancing Together in April 2020

If you are on social media where I advertise to attract those followers, you may have noticed my Facebook postings about a cookbook called “Social-Distancing Together in April 2020”. With recipes from SanibelSusan and Facebook friends, everyone that contributes recipe(s) gets a freebie cookbook which I hope will be a positive remembrance of the last month.

If you want to be included, please become a Facebook friend (I have both personal and business pages) and email me your recipe(s) this weekend, as it will go to the printer soon. It already has nearly 250 recipes!

Sanibel & Captiva Islands Multiple Listing Service Activity April 24-May 1, 2020

Sanibel

CONDOS

1 new listing: Sundial #B406 2/2 $799K.

3 price changes: Sundial #F205 1/1 now $419K, White Caps #8 1/1 now $799K, Pointe Santo #A1 2/2 now $925K.

2 new sales: Loggerhead Cay #461 2/2 listed at $539K, Sand Pointe #111 2/2 listed at $679K.

3 closed sale: Casa Blanca #5 2/1 $425K, Sand Pointe #132 2/2 $690K, Tigua Cay #485 3/3.5 $1.95M.

HOMES

No new listings.

1 price change: 401 Lagoon Dr 4/4 now $899K.

2 new sales: 836 Donax St 3/2 listed at $549K, 1345 Eagle Run Dr listed at $1.049M.

7 closed sales: 1856 Ardsley Way 3/2 $470K, 1573 Sand Castle Rd 3/2 $503K; 500 Sea Oats Dr 3/2 $680K; 261 Ferry Landing 2/2 half-duplex $900K; 457 Lake Murex Cir 3/2 $900,050; 4739 Ruelle 4/3 $985K; 500 Sawgrass Pl 8/8/3 $2M.

LOTS

No new listings, price changes, new sales, or closed sales.

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Tennis Villas #3220 1/1 $309K.

HOMES

No new listings or price changes.

1 new sale: 11542 Wightman Ln 5/5 listed at $3.2M.

No closed sales.

LOTS

No new listings, 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.

Below is our ad from today’s “Island Sun”.

Enjoy your weekend! Susan Andrews, aka SanibelSusan

Don’t Forget to Spring Ahead… Island Life is Better Longer With Sunshiney Evenings!

West Gulf Drive beach this week!

It’s Susan and rather than report about how wonderful the weather is on the islands again this week, I am going to give a special shout-out to the two gals who stopped into the office Wed and thanked me for writing my weekly blogs. (Thank you, June and Kelly (and your friend Katherine). Your kind words are much appreciated.)

These blogs evolved from my team’s Friday updates to our sellers. Some years ago, when a seller’s property sold, she said, “but I like getting those weekly updates, can I still get them?” So since then, I have called it my real estate therapy to create these Friday blogs. Through the week, as part of our efforts to keep our clients informed, I watch for items that may be of interest and compile the newsy part. Then on Thursdays and Fridays, teammate Elise adds the Multiple Listing Service part. We all contribute to the feedback from showings and Open Houses; then, once teammate Dave provides his 2-cents worth, Elise sends an email that we call our “Friday Update” to all who have their property listed with us.

Then, I strip out the personal info about the property inquiries and feedback and the details if any new sales are contingent. After adding a few photos, graphics, clip art, and links, I then upload the post to WordPress. That is where our website is hosted and where the blog gets published on the internet and syndicated to LinkedIn, Facebook, and Twitter where it has a few thousand followers.

Sometimes the posts get comments, but usually those only occur if it is a busy Friday and the blog is posted late (after 5 p.m.) and readers send messages asking where it is. In two more weeks, I will have posted my 500th weekly bog.

Followers, by far, come from the United States (4,505), followed by Canada (97), United Kingdom (81), Germany (57), and France (18). Since I also have a page for each of our listings on our website, we also can track what listings get attention via the blog too. That tracking is similar to how we can see who looks at our listings through our Multiple Listing System with syndication to Realtor.com, Zillow, etc. And, ListHub, where we can syndicate to up to 81 additional real estate search engines, plus WorldProperties.com where our listings are translated into 45 different languages thanks to my TRC (Transnational Referral Certification).

It’s all about the internet these days, except when visitors are on the islands. That’s when they relax and usually want to do things the old-fashioned way.

Island Happenings

It is a good indication of high season when we hear that some of the many upcoming ticketed island events are sold out. Even if they are, if you are interested in one of them, I encourage you to put your name on a wait list or hope for a last-minute cancellation.

Shell Fair – The 83rd Annual Sanibel Shell Festival which began yesterday at The Community House always has room for more visitors, but it makes for slow going past SanibelSusan Realty through tomorrow. We are ready to deliver keys and/or open properties for showings if it helps our colleagues. After our closing yesterday, I delivered keys and commission checks from the title company to the selling office up the street. His support staff got such a kick out of it. Whatever it takes to get the deals done, we are happy to help!

Spring Concerts – Speaking of tickets, it is not too soon to get your tickets for the BIG ARTS Community Chorus Spring Concerts, which will be April 1 and 2 in the new performance hall. Our accompanist, Erik Entwistle, has composed a new piece which will be premiered at the concerts. It got a wonderful write-up in the new issue of “Times of the Islands”. Called “Build A Nest”, the song is a celebration of the islands’ sea turtles and the many volunteers that help them. Here is a link to the article:

https://toti.timesoftheislands.com/dm/2020/mar-apr#page/125

Real Estate Is Selling

In a 4-week period in “high season”, we like to see at least 30 condo and 30 home sales with a few lot sales sprinkled in. Over the last four weeks, like much of the last year, more homes sold than condos, and unfortunately not a single Sanibel lot sold in February.

Below is a summary from the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service showing the islands’ real estate inventory today and sales to-date this year. Teammate Elise says if anyone wants to know how many price reductions there have been so far this year, “there were too many”. There were 228 on Sanibel and 22 on Captiva, with more being posted every day. With only five more weeks of ‘high season” remaining, there likely will be more.

Inventory remains high for the time of the year, but that means more choices for the prospects looking over the next few weeks.

Sanibel Condos Homes Lots
# Avg Price $ # Avg Price $ # Avg Price $
For sale 3/6/2020 131 843,259 204 1,450,665 77 681,165
Under contract 22 766,455 46 1,183,078 3 1,056,333
Sold this year 29 684,592 39 986,842 2 1,434,333
Sold last year 127 694,392 211 949,790 15 372,200

 

Captiva Condos Homes Lots
# Avg Price $ # Avg Price $ # Avg Price $
For sale 3/6/2020   47 1,143,911   48 3,056,354   3 3,563,000
Under contract 4 1,368,225 2 6,400,000 2 3,399,500
Sold this year 5 688,800 5 2,863,600 0 N/A
Sold last year 29 1,037,077 17 2,737,503 1 1,375,000

Sea Turtle Nesting Season Begins

As a reminder, sea turtle nesting season in south Florida began March 1. It is usually not until April that the turtle volunteers start scouring the beaches each morning looking for evidence of a mama coming ashore to lay her eggs. More info on the SCCF (Sanibel-Captiva Conservation Foundation) Sea Turtle Program at http://sccf.org/our-work/sea-turtles In the meantime, please help keep our beaches sea turtle friendly:

Sea turtle nest

  • Turn off or shield all lights that are visible from the beach. Do not use flashlights or cell phone lights on the beach. If necessary, use amber or red LED bulbs.
  • Do not disturb the screens covering nests. They prevent predators from eating the eggs and the hatchlings emerge through the holes without assistance.
  • Remove all beach furniture and equipment from the beach at night.
  • Dispose of fishing line properly to avoid wildlife entanglement.
  • Fill in large holes that can trap hatchlings and nesting sea turtles.
  • Do not disturb nesting turtles – please do not to get too close, shine lights on, or take flash photos of nesting sea turtles.
  • Pick up litter.

Sanibel & Captiva Islands Multiple Listing Service Activity February 28-March 6, 2020

Sanibel

CONDOS

4 new listings: Colonnades #C3 1/1 $279K, Sand Pointe #132 2/2 $709K, Sanctuary Golf Villages I #5-4 3/3 $790K, Kings Crown #110 2/2 $795K.

8 price changes: Sanibel Arms #B1 1/1 now $439.9K, Sand Pointe #227 2/2 now $719K, Island Beach Club #310A 2/2 now $739K, Oceans Reach #4C1 2/2 now $849K, Oceans Reach #4D1 2/2 now $859K, Blue Gulf #201 3/2 now $1.199M, Sunward #201 3/2 now $1.299M, High Tide #B302 3/2 now $2.295M.

6 new sales: Seashells #3 2/2 listed at $469.5K, Sundial #C210 1/1 listed at $485K, Sanibel Arms West #I7 2/2 listed at $579K, Sunset South #2C 2/2 listed at $599K, Gulfside Place #221 2/2 listed at $1.179M, Gulfside Place #214 2/2 listed at $1.28M.

2 closed sales: Sundial #A306 1/1 $720K, Anglers Key #202 3/3 $2.045M.

HOMES

5 new listings: 4606 Brainard Bayou Rd 2/2 $479K, 1573 Sand Castle Rd 3/2 $585K, 1326 Tahiti Dr 2/2 $797.5K, 660 Durion Ct 3/2 $895K, 3615 West Gulf Dr 3/2 $2.995M.

21 price changes: 1890 Farm Trl 3/2 now $555.4K; 9418 Moonlight Dr 3/2 now $689K; 4339 Gulf Pines Dr 3/2 now $695K; 1978 Roseate Ln 3/2 now $727.5K; 5834 Pine Tree Dr 2/2 now $749,555; 1223 Par View Dr 3/2 now $749.9K; 1676 Middle Gulf Dr 3/2 now $799,999; 1220 Sand Castle Rd 3/2.5 now $825K; 1589 Sand Castle Rd 3/3 now $877K; 4345 Gulf Pines Dr 4/4 now $895K; 770 Conch Ct 3/2 now $899K; 1271 Par View Dr 3/3 now $929K; 1437 Causey Ct 3/2.5 now $985K; 261 Ferry Landing 2/2 half-duplex now $995K; 1667 Venus Dr 3/2 now $1.02M; 355 East Gulf Dr 3/2 now $1.095M; 550 N. Yachtsman Dr 4/3 now $1.275M; 2284 Troon Ct 4/4.5 now $1.799M; 418 Bella Vista Way 4/4 now $1.99M; 2460 Harbour Ln 3/3 now $1.999M; 4701 Rue Belle Mer 4/5 now $3.395M.

9 new sales: 4245 Gulf Pines Dr 3/2 listed at $675K, 1014 S. Yachtsman Dr 3/3 listed at 710K, 500 Sea Oats Dr 3/2 listed at $739.9K, 1501 Sand Castle Rd 5/3.5 listed at $879K, 3358 Saint Kilda Rd 3/3 listed at $1.047M, 3851 Coquina Dr 3/2.5 listed at $1.389M, 1230 Bay Dr 3/2 listed at $1.619M, 4709 Rue Belle Mer 3/2 listed at $2.999M, 4143 West Gulf Dr 3/3.5 listed at $5.1M.

8 closed sales: 4619 Brainard Bayou Rd 3/2 $552K, 970 Black Skimmer Way 2/2 $592.5K, 1740 Middle Gulf Dr 4/3 $640K, 247 Christofer Ct 3/2 $700K, 257 Daniel Dr 3/2 $735K, 592 Sea Oats Dr 3/2 $975K, 911 S. Yachtsman Dr 3/3 $1.13M, 842 Limpet Dr 3/3.5 $1.9M (our Seller).

We’re gonna miss this house. From the backyard of our listing that sold this week at 842 Limpet Dr.

LOTS

2 new listings: 2095 Wild Lime Dr $269K, 1159 Golden Olive Ct $1.685M.

3 price changes: 3013 Poinciana Cir now $219K, 667 Birdie View Pt now $329K, 6141 Starling Way now $897K.

No new or closed sales.

Captiva

CONDOS

2 new listings: Captiva Shores #C6 2/2 $1.019M, Lands End Village #1637 2/2 $1.495M.

2 price changes: Bayside Villas #5104 1/2 now $400K, Lands End Village #1667 2/2 now $1.175M.

No new or closed sales

HOMES

1 new listing: 6 Sunset Captiva Ln 2/2 $2.695M.

2 price changes: 15147 Captiva Ln 6/5.5 now $4.3M, 956 South Seas Plantation Rd 6/6 now $5.25M.

No new or closed sales.

LOTS

No new listings or price changes.

1 new sale: 15295 Captiva Dr listed at $899K.

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

A Critical Look at Sanibel’s Real Estate Market

If you are lucky enough to be here this week, I bet you are enjoying the fabulous weather, yet occasionally grumbling about the traffic. It has remained remarkably summer-like for days. A mini-cool front is here today (has already cooled into the 60’s), but it will be back into the 70’s tomorrow and expected to continue like that until the end of next week when another cool front is expected. More about that then.

The extra visitors from the Monday holiday have made it challenging for those coming on-island in the morning and traveling off- in the afternoon. Periwinkle Way has not been our friend, but those directing traffic at the 4-ways should be commended for keeping things moving even when it is at a crawl. Seriously, the great weather makes up for it. Nothing like having the sunroof open to a bright blue sky in February.

Beach

Mayor Ruane Speaks at Association of Realtors® Membership Meeting

Yesterday, was the Sanibel & Captiva Islands Association of Realtors® February Membership Meeting and breakfast. Those events usually are held in the Association’s building, but this one was hosted by The Community House (Sanibel Community Association.

2020-02-20 Membership Mtg

Community House logoThe Community House – has been serving the islands since 1927 as a gathering place for social events. It was there that many island organizations and non-profits began – and where the City incorporation vote took place in 1974. Remodeled just three years ago, the new historic Community House today is a meeting place for many island clubs and the venue for island events, like the Shell Fair. Classes are held there, the facility rooms are available for rent, and the new Culinary Education Center of Sanibel is there with resident chef and cooking classes offered. The buffet breakfast spread put out yesterday was amazing.

Sancapbank logoSanibel-Captiva Community Bank – Big thanks to David Wright and the Sanibel-Captiva Community Bank for sponsoring the breakfast. If you don’t know David, he is the bank Senior Vice President and heads their lending department. His segue into telling attendees about the bank was without a doubt the best segue ever. It is a great bank providing funding for many local businesses, renovations, mortgages, and more.

Sanibelcityseal logoMayor Kevin Ruane – This is the Mayor’s last term (his 11th) as he is running for a Lee County Commissioner seat. His speech on “the State of the City” included such tidbits as Sanibel’s millage rate now being the lowest in its history and how he has become a “professional beggar” to be successful in getting state and national attention and funding for the island’s biggest and most important resource – water quality. Not only are the City’s finances now in excellent order (as an accountant that’s what he knows best), but his leadership as President of Florida League of Cities (412 cities) continues to help us. He threw out such statistics as the real estate and tourism value of Florida cities affected by water quality. That number is mind-boggling at $2 trillion. Another excellent tidbit he mentioned is a quote that he remembers from Florida’s former Governor Scott: “One out of every ten visitors to Florida, eventually lives here.” That’s music to Realtors®’ ears. (Though I try to keep my Friday updates free from politics, I hope you vote for Kevin Ruane for County Commissioner. After cutting Sanibel’s taxes by 24% and increasing City reserves while reducing City debt by nearly 74%, it sure would be great for the county to also benefit from his financial prowess.)

Caravan Meeting – During the Caravan portion of these Thursday meetings is when Realtors® announce new listings, new sales, price reductions, and changes in homeowner and condo associations fees and assessments. The postings since last Friday in the Sanibel & Captiva Multiple Listing Service follow a couple of news items below. The first one may shed some light on why few sales were announced.

How’s The Market on Sanibel?

Realtors® are frequently asked “how’s the market”, so we often quiz each other with that very same question, comparing notes and trying to figure out why some properties are selling, and others are not. Is it easy to say, “business is always off a little in an election year”? Sure, and it usually is. But another complication is that the islands still are recovering from the effects of red tide in 2018/2019.

As a statistics-loving gal, I always find that trends also pop up when you least expect them.

The first table below confirms that home sales continue to outpace condo sales. It also shows that both condo and home sale prices over the last 12 months, as compared to the last election year (2016), are less than they were then. Exceptions are near-beach homes where the average sale price is up 5% and inland homes, where average sale price is up 25%, compared to four years ago. Other home category locations like gulf-front, bay-front, and canal-front show average sale prices down compared to 2016.

Looking at Sanibel condos, average sale prices are down when looking at total condo sales, especially those in residential complexes.

ON
SANIBEL
Sold in Last 12 Months
For Sale 2/20/2020
Sold Last Election Year, 2016
#
Avg $
#
Avg $
#
Avg $
All Homes
221
920,715
209
1,473,571
181
979,576
Homes on Gulf
3
3,033,333
12
5,902,833
7
3,604,500
Homes on Bay
4
1,708,625
11
3,646,909
2
2,132,500
Homes on Canals
40
1,177,078
40
1,315,162
38
1,232,362
Homes Near-Beach
101
827,585
78
999,398
83
788,889
Homes Inland
40
719,237
38
740,452
34
570,029
All Condos
136
699,373
140
819,776
143
717,768
 Residential Condos
16
866,615
22
1,019,172
32
931,230
Income-Producing Condos
120
677,074
118
781,736
111
656,229

The next table looks strictly at the number of Sanibel sales. There is about a year’s worth of inventory in homes and condos. Considering vacant lots, there is more like a four- to five-year supply.

Was there a dip in the number of sales during the 2016 election year? Absolutely. Was the market rebounding at a healthy pace when the red tide arrived in the summer of 2018? That analysis involves digging in the number of sales by month, but I can tell you that 2018 was a very good year until that happened. Then heavy red tide effects were felt last year. Since the water cleared last October, sales have been good – not excellent – but good.

crystal ballThe crystal ball (which I now keep on my desk) says that 2019, even with the upcoming election year, but barring an unforeseen international event, will continue to show market improvement on the islands, though supply and demand, as always, will rule. With inventory high for the time of the year and just eight weeks of high season left, it is going to be interesting to see how this year compares to 2016.

SanibelSusan always is optimistic, but cautiously this year.

# for
Sale
# Sold
2020 to-date
2019
2018
2017
2016
2015
2014
2013
2012
2011
All Homes
209
24
211
218
186
181
236
206
197
183
180
Homes >$2M
35
2
10
23
12
14
14
7
18
12
13
Homes <$600K
28
7
51
57
49
50
81
81
83
101
91
All Condos
140
20
127
155
140
143
160
164
162
151
141
Condos >$1M
36
3
21
27
22
23
29
22
12
11
15
Condos <$500K
52
12
44
48
49
47
71
71
82
79
67
All Lots
74
2
15
21
32
25
43
27
26
33
19

Thinking of Retiring to Southwest Florida & Wondering About Health Care Here?

lee_health_logo_masterHere is an article I saw on the internet this week: “Six Southwest Florida hospitals are among the top 250 hospitals in the nation for overall clinical excellence, according to Healthgrades. The private rating firm in Denver, Colorado, has released its report cards for the top performers among 4,500 hospitals nationwide.

“All four acute care hospitals run by Lee Health in Lee County are among the top 250 hospitals, or best 5%. (Lee Memorial Hospital, Cape Coral Hospital, Gulf Coast Medical Center and HealthPark Medical Center)

“Dr. Larry Antonucci, President and CEO of Lee Health, said in a statement the system is proud its four acute-care hospitals are among the best 250 hospitals. “Over the last few months our hospitals have received superior marks from the most-respected hospital-rating organizations in the country, and the consistency of these scores show that we are providing exceptional care to Southwest Florida,” he said in a statement.

“Overall, patients treated in top-performing hospitals have a nearly 27% lower risk of dying than if treated at a hospital that are not among the best, according to Healthgrades. Data used in the analysis is from the three years from 2016 through 2018 and involves Medicare data only.”

Gov. DeSantis Launches $8M Initiative To Make It Easier for Veterans To Buy Homes

pensacola news journal logoPublished February 19, 2020 in the “Pensacola News Journal”: Gov Ron DeSantis announced a new $8 million initiative to provide veterans with down payment and closing costs assistance to purchase new homes in Florida, part of a broader effort to ease veterans’ transition from active duty service to civilian life and attract more veterans to the state.

“The governor announced the initiative, officially called the “Salute Our Soldiers Military Housing Loan Program,” at the University of West Florida on Wednesday. The announcement came just hours after he was at the Pensacola International Airport to announce a $4.8 million grant for the expansion of ST Engineering’s new campus in Pensacola.

“The military housing loan program will take effect March 2, the governor told reporters, veterans and UWF staff gathered in the president’s office building on Wednesday. It will be available to both active duty military personnel and veterans, and will be administered by the Florida Housing Finance Corp. The plan will also offer assistance for securing low-interest mortgages.

“”These funds will assist over 1,000 veterans and active duty members by making the home buying process easier and more affordable. … More veterans calling Florida home is good for our state,” DeSantis said. “We look forward to the positive impacts that this program will have on the lives of our veterans. But this is also a selfish thing, because the veterans have a very positive impact on communities here in the state of Florida.””

Sanibel & Captiva Islands Multiple Listing Service Sanibel realtors logoActivity February 14-21, 2020

Sanibel

CONDOS

4 new listings: Tennisplace #B24 2/1.5 $339K, Casa Blanca #4 1/1 $360K, White Sands #23 2/2 $1.199M (our listing), La Playa #B3 3/2 $1.595M.

White Sands Aerial With Yellow Arrow on 23

The yellow arrow points to White Sands #23 where the gulf view is fantastic!

 

10 price changes: Mariner Pointe #952 1/1 now $389K; Sundial #I405 1/1 now $419K; Pointe Santo #D21 2/2 now $569K; Loggerhead Cay #263 2/2 now $628K; Compass Point #222 2/2 now $649K; Villa Sanibel #2H 2/2 now $717,007; Heron at The Sanctuary #3B 3/2.5 now $799K; Sanibel Surfside #126 2/2 now $824K; Gulfside Place #222 2/2 now $1.195M (our listing); Atrium 103 2/2 now $1.248M.

IMG_7811

This view at Gulfside Place #222.

No new sales.

2 closed sales: Sandpebble #1A 2/2 $400K, Surfside 12 #A1 3/2 $690K.

HOMES

6 new listings: 2150 Egret Cir 3/2 $678K, 1021 Sand Castle Rd 2/2 $710K, 975 Sand Castle Rd 3/2.5 $789K, 1761 Venus Dr 4/4 $2.3M, 1558 San Carlos Bay Dr 3/3.5 $2.989M, 4381 West Gulf Dr 5/5.5 $11.5M.

20 price changes: 730 Cardium St 2/2 now $549K, 970 Palm St 3/2 now $559K, 1973 Wild Lime Dr 4/3 now $574.9K, 1954 Roseate Ln 3/2 now $579.9K, 550 Leather Fern Pl 3/2 now $629K, 1014 S.Yachtsman Dr 3/3 now $710K, 701 Nerita St 3/2 now $712K, 1085 Sand Castle Rd 3/2 now $719K, 1978 Roseate Ln 3/2 now $730K, 1285 Par View Dr 4/2.5 now $839K, 1501 Sand Castle Rd 5/3.5 now $879K, 401 Lagoon Dr 4/4 now $920K, 979 Whelk Dr 3/2.5 now $969K, 792 Birdie View Pt 3/3.5 now $1.027M, 3358 St.Kilda Rd 3/3 now $1.047M, 6425 Pine Ave 4/3 now $1.395M, 2391 Shop Rd 3/2.5 now $1.799M, 1323 Seaspray Ln 4/4.5 now $1.975M, 2964 Wulfert Rd 5/5.5 now $3.35M, 4014 West Gulf Dr 4/3 now $3.499M

10 new sales: 430 Old Trail Rd 3/2.5 listed at $547K, 1717 Sand Pebble Way 3/2 listed at $609K, 5303 Lady Finger Lake Rd 3/2 listed at $679K, 1410 Albatross Rd 3/3 listed at $779K, 822 Beach Rd 4/4 duplex listed at $819K, 1283 Isabel Dr 3/2 listed at $1.1M, 532 Sea Oats Dr 3/4 listed at $1.195M, 637 Lighthouse Way 3/4 listed at $1.2799M, 4630 Rue Bayou 4/4.5 listed at $1.389M, 5044 Joewood Dr 4/4.5 listed at $2.15M.

2 closed sales: 1851 Farm Trl 3/2 $545K, 1414 Causey Ct 3/2 $851K.

LOTS

2 new listings: 971 Main St $205K, 5749 Sanibel-Captiva Rd $672K.

No price changes, new, or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5110 1/2 $369.5K.

No price changes.

3 new sales: Tennis Villas #3119 1/1 listed at $285K, Tennis Villas #3220 1/1 listed at $329.9K, Lands End Village #1619 2/2 listed at $1.549M.

2 closed sales: Tennis Villas #3137 2/2 $465K, Beach Cottages #1404 2/2 $1.245M.

HOMES

1 new listing: 11542 Wightman Ln 5/5 $3.2M.

No price changes, new, or closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, here’s hoping your weather is like Southwest Florida, where it’s fantastic even when the sun isn’t out! Enjoy your weekend,

Susan Andrews, aka SanibelSusan

Happy Valentines’ Day & Presidents’ Weekend on Sanibel

Reporting another summer-like week on sunny Sanibel. Recent daytime temperatures have hit 80°F almost every day. Similar weather is expected to continue for the next week, probably much to the delight of vacationers and holiday visitors. The island is packed, so careful planning, dinner reservations, and patience are needed, but there certainly are no complaints from The SanibelSusan Team. Our listings are getting inquiries and showings.

Chateau 6-07-17

The action posted in the Sanibel & Captiva Multiple Listing Service follows a few news items below. You may have noticed from these weekly MLS reports that the number of new listings each week and the number of price reductions exceed the number of sales. Price reductions are common in February and March, even with Easter late this year (not until April 12). It is unusual though to have so many new listings this far into “high season”. The SanibelSusan Team is looking for listings though – so if you know of anyone thinking of selling, please let us be referral.

Presidents’ Weekend on Sanibel

rotary logoRotary Arts & Crafts Festival This Weekend – As mentioned last week, tomorrow begins the 37th Sanibel-Captiva Rotary Arts & Crafts Festival which is held at The Community House and City Park across the street from our office. Open Saturday from 10 a.m. to 5 p.m. and again on Sunday from 10 a.m. to 4 p.m.

ding darling goose logo

At the Wildlife Refuge on Monday – In honor of Presidents’ Day and by federal order, all motorists, cyclists, and pedestrians can enjoy Wildlife Drive and its trail fee-free on February 17. The Refuge Visitor & Education Center, Bailey Tract, and Tarpon Bay Explorers will remain open for normal operating hours, while all Refuge and Ding Darling Wildlife Society offices will be closed.

Green Iguanas May Be Prohibited Here

SCCF logoA guest commentary by Chris Lechowicz, SCCF (Sanibel-Captiva Conservation Foundation) Wildlife and Habitat Manager, was posted in this week’s “Island Reporter”. It says that SCCF urges islanders to support a bill currently making its way through Florida’s Legislature. Here are excerpts from the article:

“The exotic green iguana may join the Burmese python and Nile monitor lizard on Florida’s list of prohibited reptiles if a bill makes it through the Legislature this session.

“Approved unanimously by a Senate committee on Jan 21, the bill is awaiting discussion in committee in the House, and second committee discussion in the Senate. The bill would add green iguanas as well as black and white tegus – another invasive lizard – to the state’s prohibited list that bans the importation, possession, sale and breeding of those species in Florida. Some other species already on the list are Burmese pythons, both African python species and Nile monitors due to their threats to natural ecosystems.

green iguana“Introduced into Florida in 1964, the green iguana became established as a sustainable breeding population just a few years ago. The green iguana was first reported on Sanibel in 1970. These exotic lizards are native to most of Central America, over half of South America, and parts of Mexico. Wild-caught green iguanas have been imported as pets since well before that time and still are today. Currently, however, most are farmed for export.

“In several of their native countries, they are prized for their meat and can be scarce as a result.

“There are a few scattered Florida records from the central peninsula and the Panhandle but the majority of their range is the state is right along the coast from Lee County on the west coast and St. Lucie County on the east coast all the way through the Florida Keys to Key West.

“Their range in Florida is restricted by cold weather, hence most of their range is along the coast and throughout the Keys where temperatures stay higher than in inland areas. During extended cool weather snaps in the 30’s or low 40’s in South Florida, green iguanas, which are an arboreal species, become unable to hold on to their perches and often fall to the ground immobilized.

“They are relatively common on Sanibel where 4,915 green iguanas have been trapped and removed since 2015, at the annual cost of about $40,000 to the city. In October, Lee County approved $25,000 to trap and remove them from Captiva.

“The green iguanas prefer to live, although not exclusively, in developed areas around homes and businesses where exotic vegetation such as hibiscus, colorful exotic flowers and vegetable gardens are plentiful. If left unchecked, they can become very dense in these areas and are considered a nuisance, especially in March here on the islands when they dig multiple large burrows in order to lay their eggs in. Damage is primarily caused when iguanas dig their burrow under a sidewalk, along sea walls or canal banks.

“The Sanibel-Captiva Conservation Foundation urges islanders to support this bill. Sign up for Action Alerts at sccf.org to know when and who to contact on this and other important issues being considered in the current legislative session.”

Sanibel Gets Serious About Short-Term Rentals

Sanibelcityseal logoInteresting article by Wendy McMullen in today’s “Island Sun”:

“Owners of rental properties beware. A new code enforcement officer has been hired to check that homes and condos are being rented in accordance with city rules.

“Concern has been growing among city council members about the possibility of the state banning cities from restricting rentals and the grown of multiple platforms for renting homes short term.

“There was a time when almost all rentals on the island were done through licensed rental agencies abiding by the rules. Now Airbnb (Air Bed and Breakfast), VRBO (Vacation Rentals by Owner) and a myriad of other sites make it easy for homeowners to rent their properties for a day, a week or a month without necessarily following city regulations.

“The minimum rental period for single-family homes on Sanibel, with a few exceptions, is one month. The minimum rental period for condominiums varies according to the condo association rules….

“In order to counteract the growing number of private rentals, the city is hiring a code enforcement officer to focus specifically on rental violations and sending out advisory letters and applications to holders of business tax receipts for property rental on Sanibel.

“But there is concern about the application for a city license being overly intrusive, requiring owners to agree to things they could not possibly control. For example, owners could not agree to a demand that they ensure renters do not contravene city laws…. Several residents and organizations also had problems with the (application) fees charged…

“City council agreed to revise the application and to look at the fee structure.”

Stay tuned.

Sanibel & Captiva Islands Multiple Listing Service Activity February 7-14, 2020

Sanibel realtors logoSanibel

CONDOS

5 new listings: Casa Blanca #6 1/1 $363K, Sundial #D205 1/1 $465K, Mariner Pointe #542 2/2 $590K, Sanddollar #B104 2/2 $1.175M, Sundial #L404 2/2 $1.35M.

10 price changes: Captains Walk #B3 1/1 now $229.9K, Sanibel Arms #C7 1/1 now $368K, Sandalfoot #4B2 1/1 now $499K, Seawind #A107 2/2.5 now $559.9K, Mariner Pointe #421 2/2.5 now $599.9K, Yacht Haven #2 3/2 now $999K, Gulfside Place #221 2/2 now $1.179M, Seascape #304 3/3 now $1.2499M, High Tide #A101 2/2 now $1.295M, Sandals #A 3/3.5 now $1.937M.

5 new sales: Blind Pass #C204 2/2.5 listed at $489K, Mariner Pointe #1052 2/2 listed at $499.9K, Mariner Pointe #642 2/2 listed at $570K, Island Beach Club #220B 2/2 listed at $700K, Cyprina Beach #1 3/3 listed at $1.395M.

5 closed sales: Sundial #H210 1/1 $369K, Kimball Lodge #223 1/1.5 $395K, Blind Pass #F204 2/2.5 $427.5K, Snug Harbor #312 3/2 $580K, La Playa #B1 3/2 $1.15M.

HOMES

12 new listings: 968 Greenwood Ct S 3/2.5 half-duplex $414,999 (our listing); 9036 Mockingbird Dr 3/2 $679K; 987 Sand Castle Rd 4/3.5 $749K; 1296 Par View Dr 3/3 $779K; 1589 Sand Castle Rd 3/3 $895K; 3751 Coquina Dr 3/2 $895K; 1430 Causey Ct 3/2 $972K; 776 Conch Ct 3/2 $995K; 2439 Harbour Ln 3/3 $1.295M; 3706 West Gulf Dr 4/3 $1.375M; 1175 Bird Ln 4/3/2 $3.395M, 4577 Waters Edge Ln 4/3 $3.395M.

default

Aerial showing location of new listing at 968 Greenwood Ct S, convenient to causeway & bay, plus community beach access on East Gulf Dr

17 price changes: 1027 Sand Castle Rd 2/2 now $469K, 1856 Ardsley Way 3/2 now $499K, 730 Cardium St 2/2 now $554K, 1717 Sand Pebble Way 3/2 now $609K, 718 Durion Ct 3/2 now $645K, 1559 Sand Castle Rd 3/2 now $690K, 1807 Serenity Ln 3/2 now $725K, 731 Durion Ct 3/2 now $737K, 1031 Sand Castle Rd 3/3 now $775K, 5422 Shearwater Dr 3/2.5 now $849K, 1501 Sand Castle Rd 5/3.5 now $889K, 1752 Jewel Box Dr 2/2 now $889K, 2385 Wulfert Rd 4/5 now $1.099M, 6101 Starling Way 3/3.5 now $1.149M, 1671 Hibiscus Dr 5/3 now $1.199M, 2477 Wulfert Rd 3/4 now $1.249M, 1460 Middle Gulf Dr 4/4.5 now $1.8M.

7 new sales: 1607 Sand Castle Rd 3/2.5 half-duplex listed at $579K, 1800 Ardsley Way 3/2 listed at $679K, 9057 Mockingbird Dr 4/2 listed at $679K, 1740 Middle gulf Dr 4/3 listed at $799K, 1244 Par View Dr 4/3 listed at $849K, 675 Gopher Walk Way 3/2.5 listed at $1.195M, 872 Limpet Dr 3/3 listed at $1.395M.

5 closed sales: 668 Anchor Dr 3/2 $885,250; 5402 Osprey Ct 4/3 $955K; 1717 Venus Dr 3/2.5 $1.03M, 430 Glory Cir 4/5.5 $1.14M; 5250 Caloosa End Ln 3/2.5 $1.2M.

LOTS

No new listings.

1 price change: 1226 Isabel Dr now $1.239M.

No new or closed sales.

Captiva

CONDOS

1 new listing: Captiva Shores #7B 3/2.5 $1.55M.

1 price change: Tennis Villas #3120 1/1 now $312K.

1 new sale: Beach Homes #33 3/2 listed at $1.799M.

No closed sales.

HOMES

No new listings.

2 price changes: 11540 Laika Ln 3/2.5 now $1.235M, 15879 Captiva Dr 3/3 now $2.389M.

No new sales.

1 closed sale: 11501 Laika Ln 3/3 $1.225M.

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.

valentineEnjoy your Valentines’ Day!

Susan Andrews, aka SanibelSusan