More Delightful Island Weather & White Pelicans Return

SanibelSusan reporting another week of delightful island weather with plenty of blue skies and sunshine. No rain, though there is a chance of a couple of quick showers over the weekend. A few vacationers have complained that the shelling is not so great, but without storms stirring things up in the gulf, finding special shells is more challenging. It cannot always be both ways – great weather and great shelling. Here are a few photos taken this week bayside.

On the real estate front, there were a few more island listings and sales this week. The article below posted yesterday by FloridaRealtors® describes how the market is doing state-wide. Island activity is much the same.

Year-to-date, there have been 680 sales on Sanibel, 102 on Captiva. That compares to just 73 Sanibel properties for sale (all property types) and 11 available on Captiva. It is going to take a very long time for supply to meet demand.

After the news items below are the details on the residential activity posted since last Friday in the Sanibel & Captiva Multiple Listing Service.

Florida’s Housing Market Shows Rising Prices, More All-Cash Sales

Below are excerpts from an article posted on-line October 21, 2021) on FloridaRealtors®:

“Florida’s housing market reported higher median prices, a rise in all-cash sales and constrained inventory levels in September compared to a year ago, according to Florida Realtors® latest housing data….

“The statewide median sales price for single-family existing homes in September was… up 18.3% from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Last month’s statewide median price for condo-townhouse units was… up 17.2% over September 2020….

“Florida Realtors Chief Economist Dr. Brad O’Connor said, “However, a year ago in September, we were in the midst of a huge surge in sales resulting, in part, from the pandemic shifting transactions that would otherwise have occurred during spring, into the late summer and fall. If we instead compare this September’s sales counts to those two years ago from September 2019, closed sales of single-family homes were up by over 20%, and closed sales of condos and townhouses were up by 31.5%. And so, relative to pre-pandemic levels, the Florida resale housing market is still performing exceptionally.”

In a continuing trend, the share of closed sales that were all-cash purchases rose last month compared to the previous year. In September, single-family existing home sales paid in all cash increased by 38.5% year-over-year, while all-cash sales of condo-townhouse units rose by 22.9%.

“On the supply side of the market, new listings and inventory (active listings) remained restricted last month, O’Connor said. “New listings of single-family homes only increased by 2.2% year-over-year in September, the lowest increase since February 2021,” he noted. “New listings of condos and townhomes, meanwhile, declined on a year-over-year basis for the first time since January, down by 7.3%. This slowdown in new listings relative to the pace of sales has resulted in our levels of inventory stalling out. While it’s good news that inventory isn’t falling again, that scenario isn’t entirely out of the cards in the coming months. In the longer run, the only way this shortage can be addressed is by building more new homes.”

“Single-family existing homes continued at a very low 1.3-months’ supply in September, while condo-townhouse inventory was at a 1.7-months’ supply.

“According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 2.90% in September 2021, a slight uptick from the 2.89% averaged during the same month a year earlier.”

Sanibel & Captiva Islands Commercial Real Estate

If you are wondering about commercial offerings (that sometimes comes up when we report just residential, which covers homes, condos, and lots), today there are only four commercial properties for sale on Sanibel according to the local MLS. A couple came on the market this week. There are none for sale on Captiva.

  • Tipsy Turtle, real estate & business at 1223 Periwinkle Way – $6,500,000
  • Fish House, real estate & business at 1523 Periwinkle Way – $4,950,000
  • Office building condo, real estate at 1149 Periwinkle Way, #2 – $969,000
  • Office building condo, real estate at1025 Periwinkle Way, #1 – $799,000.

White Pelicans

The J.N. “Ding” Darling National Wildlife Refuge posted this message yesterday, October 21, 2021:

SCCF photo

“NATURE NEWS by sightings volunteer Ed Combs: American White Pelicans will return soon — perhaps some time this coming week. Look for them flying very high in large migrating flocks or feeding and resting along Wildlife Drive. They are very large birds, weighing 16 pounds as compared with our year-round Brown Pelican’s 8 pounds. With a wingspread of approximately nine feet, they, along with the California Condor, are the largest North American birds. Thanks to Bob Pelkey for our in-flight photo. Be on the lookout!”

In seeing that message, I immediately thought of friend Cheri Hollis, who posted a Facebook photo two days earlier on Tuesday, October 19. Her post said: “They’re backkkkkk…. At exactly 4:00 pm today, snowbird season officially started in SWFL. Huge flocks of migrating white pelicans were circling overhead, caught a thermal and headed off due east.”

Here is her photo. Thanks for sharing, Cheri.

Cheri Hollis photo 10-19-2021

COVID-19 Improvement

Good news today when Lee Health reported fewer than 50 cases in their hospitals. That is a big change from their peak of 690 on August 25. Here is hoping the trend continues. Stay safe!

Sanibel 2022 Beach Parking Permits

Beach parking permits for Sanibel residents and property owners go on sale Monday, October 25 at the Sanibel Recreation Center, 3880 Sanibel-Captiva Rd, which is open: Monday, Wednesday, Friday 8:00 a.m. to 5:00 p.m.; Tuesday and Thursday 8:00 a.m.to 7:00 p.m.; Saturday 8:00 a.m. to 1:00 p.m.

The vehicle registration or lease agreement for each vehicle to be permitted must be presented. Acceptable proof of residency or property ownership are:
Driver’s License with Sanibel address
Valid government-issued photo ID with Sanibel address
Lee County voter registration card with Sanibel address
Tax Bill with Homestead Exemption for Sanibel property, the applicant owns
Tax Bill with property ownership on Sanibel
Notarized Declaration of Domicile listing Sanibel residence

To save time, it is suggested coming with completed application. Those are on-line at www.MySanibel.com.

Sanibel & Captiva Islands Multiple Listing Service Activity October 15-22, 2021

Sanibel

CONDOS

2 new listings: Coquina Beach #3E 2/2 $852K, Nutmeg Village #308 2/2 $1.2999M.

2 price changes: Sanibel Surfside #213 2/2 now $899K, Gulfside Place #117 2/2 now $1.82M.

4 new sales: Spanish Cay #F8 2/2listed at $479K, Mariner Pointe #141 2/2 listed at $695K, Heron at The Sanctuary III #2B 3/2.5 listed at $849K, Sand Pointe #111 2/2 listed at $1.099M.

1 closed sale: Sundial #C308 1/1 $575K.

HOMES

4 new listings: 773 Cardium St 2/2 $685K, 5307 Ladyfinger Lake Rd 3/3 $865K, 1666 Middle Gulf Dr 3/2 $1.2M, 1347 Jamaica Dr 2/2 $1.498M

No price changes.

7 new sales: 647 Rabbit Rd 3/2 listed at $699K, 1437 Causey Ct 3/2.5 listed at $1.395M, 3840 West Gulf Dr 3/2.5 listed at $1.595M, 924 Pecten Ct 4/4 $1.795M, 1511 Angel Dr 3/3 listed at $1.995M, 1114 Harbour Cottage Ct 3/2 listed at $1.999M, 1665 Sabal Palm Dr 3/2 listed at $2.25M.

4 closed sales: 9214 Kincaid Ct 2/2 $695K, 1886 Farm Trl 3/3 $880K, 939 Beach Rd 3/2.5 $1.45M, 544 Lighthouse Way 4/5.5 $3.8M.

LOTS

No new listings or price changes.

1 new sale: 0 Bowmans Beach Rd listed at $145K.

No closed sales.

Captiva

CONDOS

No new listings, price changes, or new sales.

3 closed sales: Lands End Village #1633 2/2 $1.534M, Captiva Shores #8A 3/2.5 $1.795M, Captiva Bay Villas #E 3/3.5 $3.55M.

HOMES

No new listings.

1 price change: 14991 Binder Dr 4/4 now $5.795M.

No new or closed sales.

LOTS

Nothing to report.

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

Below is our ad from the “Island Sun” today.

Until next Friday, Susan Andrews, aka SanibelSusan

Sun shining, breeze blowing, islanders smiling

Susan here, reporting that The SanibelSusan Team is beating the bushes looking for listings. With island sales brisk, it is a first for us to only have two available properties in February. Our other listings are all under contract as we work through the sale milestones associated with those purchase contracts.

If you know anyone looking to sell, please tell them that the market is in their favor and the SanibelSusan Team would be happy to help them.

Below is an update of the island sales stats. The number of sales in 2020 was higher than in decades, but the year-to-date sales are even more remarkable. Remember, The Sanibel Susan Team updates our island-wide inventory lists every weekend. If you would like a new one, they easily are e-mailed or snail mailed, just let us know.

# of

Properties

For Sale 2/19/2021 Under Contract 2/19/2021 Sold/Closed 2021 to 2/19 Sold/Closed 2020 Sold/Closed 2019
SANIBEL
Condos 67 57 27 192 127
Homes 53 73 46 288 211
Lots 31 30 8 23 15
CAPTIVA
Condos 14 14 5 47 29
Homes 22 15 7 27 17
Lots 3 0 0 4 1

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

At SanibelSusan Realty

My favorite tree at home, which was leafless after the storm in Oct, is popping with color today (2-19-2021)!

I was out showing property again over the weekend. One showing was at a home new to the market which already had an offer and four showings lined up. Another property the prospects wanted to view was seller occupied and they would not allow a showing until after the holiday weekend. That can be tough when a buyer is flying home before they will let them in. Too bad, they would have been a good candidate for that property.

There are challenges even in a hot market. Buyers needing financing find their island competition tough, since so many buyers write “cash” offers. Some buyers will not buy sight-unseen, though they often compete with offers where buyers do not need to personally view a property. Couple that with offices often closed on weekends, it pays to have built strong relationships with colleagues. Thankfully, we work hard to keep our relationships positive.

Before showing property, it always makes sense to thoroughly discuss with the prospect how the sale process works here. It is not only the Florida sales contracts that are different. But on-island, deposits are much higher than on the mainland. The basic contract most often used also is not the norm. Add to that the extra time needed in a “hot market” to accomplish inspections, appraisals, and surveys. These also are opportunities where it pays to have strong vendor relationships. The “golden rule” goes a long way in this real estate business.

At The Sanibel & Captiva Islands Association of Realtors® Monthly Membership Meeting

Yesterday was the local Realtor® Association February membership meeting. Meeting via Zoom sure ain’t like in person, but the monthly meeting is when we have a speaker, so always interesting.

SCCF – This month’s speaker was Ryan Orgera, CEO of the Sanibel-Captiva Conservation Foundation (SCCF) with an update on what is happening there. One phrase he used that I thought was particularly apropos to Sanibel’s mission statement, The Sanibel Plan, and SCCF’s mission is “balance over unfettered development”.

A couple of changes at SCCF is their new logo which was recently launched, illustrating their evolution and based on the three elements inspired by their work to protect land, water, and wildlife. The logo features sawgrass which is an iconic wetland plant, water (representing water quality, marine life, and sea-level rise), and a royal tern representing shorebirds and the monitoring and research SCCF performs with various species of wildlife.

Another SCCF change is their new magazine called “Connecting You to Nature” which will be published three times a year. The first issue is arriving now in mailboxes. It reflects on SCCF’s progress since 1967, including projects completed, underway, and in planning.

One project just announced is SCCF’s Periwinkle Wetlands Campaign which a 12+acre parcel at the corner of Periwinkle Way and Purdy Drive. It includes 525’ along the Periwinkle Way shared-use path between Purdy and Martha’s Lane. It extends inland 1,800’ back into the wetlands toward the Sanibel Slough. With a campaign goal to raise $2.4M before October 31, 2021, the acquisition of these lands for conservation protects them from development. Pending City approval, the nearly two acres along the roadway are earmarked as community green space with native landscaping, a shell trail, and educational area sharing everyone’s role in protecting and nurturing SW Florida’s coastal ecosystems.

Some other SCCF projects that Ryan mentioned included their help in the relocation of 300 Florida box turtles discovered from a nearby poaching ring. It was a surprise to hear that 40% of China families have a pet turtle because of the animal’s religious significance in Buddhism. He asked that everyone report to the police any suspicious activity with any wildlife – not just turtles. He also mentioned that poachers often are involved in other serious crimes, like human and drug smuggling. Who knew?

At the SCCF Marine Lab and Research Lab, Ryan mentioned their work through an EPA grant. While oyster restoration of 25 acres in the sound is another project underway. These oyster bed areas were disturbed/destroyed when the causeway islands were created.

Following up on the Sanibel Sea School, it became wholly part of SCCF in January 2020. One of their new endeavors is a scholarship program called “Girls in Science” (with Florida Gulf Coast University) whereby girls interested in STEM (science, technology, engineering, math) education may take advantage of SCCF’s program which brings them to the island. He mentioned girls living within five miles of Sanibel that have never been here to experience the water, wildlife, environment.

Concerning Florida’s legislative session which begins March 2 (same day as our City Council election), Ryan encouraged everyone to pay particular attention to the Everglades Agricultural Area Reservoir and Stormwater Treatment Area. He said the full weight of the community may be needed to push this project forward with full funding. Watch SCCF’s alerts for action and please support them.

He also encouraged members to attend Coastal Watch Focus 2021 which is an annual Everglades update. To tune in, go to SCCF’s website (SCCF.org) on Wednesday, February 24, from 6-8 p.m.

RPAC Awards – The Association of Realtors® RPAC Committee again thanked members for their continued contributions to RPAC. In 2020, The Sanibel & Captiva Islands Association won four state awards and two national awards, including the Triple Crown. Local RPAC contributions placed our association within the top 15 in the nation.

Easter Donations for F.I.S.H. – The Association’s Communication & Public Relations Committee is spearheading efforts to provide donations to F.I.S.H. for Easter. Between now and March 19, members and the public are asked to drop of contributions at the Association Office. Items needed for children’s Easter baskets and holiday dinners include the baskets themselves and basket filler, plus children’s books, toys, candy, plastic eggs, etc. and such canned/packaged food items as corn, peas, mashed potatoes, pasta, etc.

Recent Commercial Sales

Jensen’s Twin-Palm Cottages & Marina – Posted this week in the local MLS was the sale of Jensen’s on Captiva. Including both business and real estate, the sale included over an acre on the bayside of Captiva with 14 historic rental cottages, 35 marina slips, fuel dock, boat fleet, ship store, and offices. On the market off-&-on since late 2017, the sale price of $11M was significantly less than the original ask ($19,850,000). Purchaser was Roberts Development Corp.

The Green Flash – Another recent sale was this Captiva restaurant. The new owners are Captiva Hospitality Restaurant Group (owned by Tim and Julie McGowan). The sale included both the real estate and restaurant. The McGowan’s have already expanded the outdoor patio seating and initiated dinner service to the dockside tables at The Green Flash, which has 15 dock slips so diners may arrive by boat.

Sanibel – COVID-19

The City declared State of Emergency, issued in response to COVID-19, has been extended by Mayor Mick Denham until February 23, 2021, unless further extended. Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven (7) days and thus must be updated weekly as long as the emergency conditions are present.

Additionally, the City of Sanibel face covering mandate is reaffirmed to be consistent with the Governor’s Order 20-244 and shall remain in force and effect through the duration of the 7-day state of local emergency. Social distancing encouraged and group gatherings are to be avoided.

From Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 through February 17 is 226 cases. This is the number of cases for zip code residents. It does not include Captiva and the many workers and visitors that come and go.

Timing for number of cases reported included 134 cases last year (with 50 being in December). January was the highest month with 69 cases. The first 17 days in February, 23 cases were reported. PLEASE CONTINUE TO STAY VIGILANT.

Annual Kiwanis Spaghetti Dinner Canceled

Understandable with COVID concerns, but still disappointing, to hear that this Kiwanis event is canceled this year. Realtor® pal Mary Lou Bailey and I have attended the spaghetti dinner for many years, though not quite for the three-plus decades that this February dinner has been enjoyed by thousands of residents and visitors. It is an island tradition and the longest-running community event.

As one of the club’s major fundraisers, the annual Kiwanis Spaghetti Dinner supports scholarships for local youths and grants to island non-profits for youth recreation and educational activities. We still can support the scholarships and activities by participating in their Silent Auction and Raffle which will be in a virtual format online with details coming soon.

Sanibel & Captiva Islands Multiple Listing Service Activity February 12-19, 2021

Sanibel

CONDOS

4 new listings: Sundial #D408 1/1 $529.9K, Sanibel Surfside #234 2/2 $819K, Sanibel Arms West #D6 2/2 $955K, Tarpon Beach #109 2/2 $1.1M.

2 price changes: Loggerhead Cay #261 2/2 now $714.5K, Sanibel Inn #3512 2/2 now $724.5K.

11 new sales: Captains Walk #B3 1/1 listed at $299.9K, Captains Walk #B5 2/1 listed at $392K, Sanibel Arms West #C5 2/2 listed at $450K, Sundial #F307 1/1 listed at $479K, Sandalfoot #2C2 2/2 listed at $657K, Lighthouse Point #221 3/2 listed at $719K, Sand Pointe #113 2/2 listed at $789K, Sanibel Arms West #F1 2/2 listed at $949K, Surfside 12 #B1 3/2 listed at $999.5K, Gulfside Place #301 3/3 listed at $1.95M, Sandpiper West #1 3/3 listed at $2.15M.

6 closed sales: Sanibel Arms #C7 1/1 $343K, Sundial #G406 1/1 $490K, Sandy Bend #6 2/2 $979K, Atrium #103 2/2 $1.095M, Sundial #P402 2/2 $1.15M, Somerset #D302 3/2.5 $1.63M.

HOMES

4 new listings: 1940 Periwinkle Way 3/2 half-duplex $569K, 649 Sea Oats Dr 3/2 $759K, 1683 Bunting Ln 3/3 $895K, 1421 Sand Castle Rd 3/2 $949K.

4 price changes: 490 Sawgrass Pl 3/2.5 now $1.435M, 1283 Isabel Dr 3/2 now $1.895M, 513 Lighthouse Way 3/3 now $1.99M, 1306 Seaspray Ln 4/4 now $4.395M.

13 new sales: 3085 Poinciana Cir 2/2 listed at $599K, 9211 Dimmick Dr 3/2 listed at $699K, 1753 Bunting Ln 3/2 listed at $725K, 888 Rabbit Rd 3/2 listed at $749.9K, 649 Sea Oats Dr 3/2 listed at $759K, 1683 Bunting Ln 3/3 listed at $895K, 1050 White Ibis Dr 4/3.5 listed at $935K, 567 N. Yachtsman Dr 3/3 listed at $1.049M, 685 Sea Oats Dr 3/2/2 listed at $1.089M, 2843 Wulfert Rd 4/5 listed at $1.295M, 5076 Joewood Dr 3/2 listed at $1.329M, 5439 Osprey Ct 4/3 listed at $1.644M, 1206 Bay Dr 4/5.5 listed at $3.399M.

8 closed sales: 1684 Bunting Ln 2/2 $487K, 1029 Dixie Beach Blvd 2/2 $570K, 1850 Farm Trl 3/2 $649K, 9277 Dimmick Dr 3/2 $675K, 4661 Rue Bayou 2/2 $700K, 1039 Sand Castle Rd 3/3 $980K, 1345 Eagle Run Dr 3/2.5 $1.049M, 418 Bella Vista Way 4/4 $1.7M.

LOTS

No new listings.

1 price change: 255 Hurricane Ln now $368K.

6 new sales: 1820 Ardsley Way listed at $179.9K; 355 Cowry Ct listed at $295K, 3308 Saint Kilda Rd listed at $469,555; 217 Violet Dr listed at $549K; 5749 Sanibel-Captiva Rd listed at $629K; 1028 Bayview Dr listed at $2.195M.

1 closed sale: 1313 Par View Dr $310K.

Captiva

CONDOS

1 new listing: Tennis Villas #3118 1/1 $350K.

2 price changes: Beach Homes #25 3/2 now $2.095M, Lands End Village #1634 3/3 now $2.32M.

1 new sale: Captiva Cove #2A 3/2 listed at $1.295M.

No closed sales.

HOMES

No new listings or price changes.

4 new sales: 11541 Laika Ln 4/4 listed at $2.15M, 15146 Wiles Dr 2/2 listed at $2.389M, 11522 Andy Rosse Ln 4/4.5 listed at $2.495M, 16447 Captiva Dr 7/6/2 listed at $2.79M.

No closed sales.

LOTS

Nothing to report.

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

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

Until next Friday, Susan Andrews aka SanibelSusan

Another Beautiful Day in the Neighborhood

Another Friday already is here, seems like the weeks are flying by. It has been one with chilly weather – night temperatures sometimes into the 40’s (degrees F) and rarely out of the 60’s during the day. As we hear of folks up north struggling with snow and frigid weather, we are thankful that even when island temperatures are low, our daytime skies remain sunny and bright. Makes me smile whenever the sky is blue! For locals, it also is a nice change to wear long sleeves, sweaters, and jackets. Bike paths, of course, still are full of riders and joggers in shorts and tee-shirts, and visitors making the most of their tropical vacations.

I took a ride out to South Seas Resort on Captiva this afternoon. Temperature had reached 70 degrees when I left Sanibel about 1 p.m. There didn’t seem to be a lot of visitors at the resort, but the ones I did see were enjoying the day. Redfish Pass was busy with boats and fishermen with clear skies and gulf/bay waters a vivid Caribbean blue. With my sunroof open, I heard birds chirping & kiddos giggling. By the time, I turned around, heading back to my Sanibel office, the temperature was up to 74 degrees F. Gotta love winter on a tropical island in SW Florida.

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

It’s a Sellers’ Market

With only a month on the books, the Sanibel/Captiva real estate market started with a bang. As inventory disappears, Realtor® colleagues, like us, are worried about what we will sell once inventory is gone. We are out beating the bushes looking for listings. If someone you know is thinking of selling, please refer them to The SanibelSusan Team.

Below is a snapshot of the islands’ statistics today (2/5/2021 from the Sanibel & Captiva Islands MLS), followed by a rundown of inventory of most popular property types. Due to the pandemic, those are mostly residential.

 

SANIBEL

CONDOS HOMES LOTS
# Avg Price $ DOM # Avg Price $ DOM # Avg Price $ DOM
Available 78 816,674 172 64 2,398,092 156 39 814,427 461
Under contract 45 805,193 140 58 1,091,601 165 21 751,926 443
Sold 2021 to-date 16 654,931 170 30 1,667,923 122 6 647,333 581
Sold 2020 192 733,876 174 288 951,487 162 23 606,233 393
Sold 2019 127 694,392 152 211 949,790 166 15 372,200 684

 

 

CAPTIVA

CONDOS HOMES LOTS
# Avg Price $ DOM # Avg Price $ DOM # Avg Price $ DOM
Available   16 1,776,906 247   28 3,508,035 252   3 5,131,666 458
Under contract 11 770,772 253 10 4,700,599 205 0 N/A N/A
Sold 2021 to-date 4 1,446,250 47 6 2,432,950 334 0 N/A N/A
Sold 2020 47 821,713 134 27 2,923,148 315 4 2,537,500 248
Sold 2019 29 1,037,077 315 17 2,727,503 300 1 1,375,000 0

Homes on gulf: 15 for sale, seven on Captiva, eight on Sanibel. In last six months, ten sold (five on each island), average sale price $4,340,433.

Homes on bay: 10 for sale, five on each island. In last six months, six sold (two on Captiva, four on Sanibel), average sale price $3,328,750.

Homes with docks:        35 for sale, nine on Captiva, 26 on Sanibel. In last six months, 42 sold (seven on Captiva, 35 on Sanibel), average sale price $1,540,898.

Homes near-beach:       34 sale, 14 on Captiva, 20 on Sanibel. In last six months, 80 sold (eight on Captiva, 72 on Sanibel), average sale price $913,146.

Residential condos:       17 for sale, eight on Captiva, nine on Sanibel. In last six months, 26 sold (two on Captiva, 24 on Sanibel), average sale price $1,286,874.

Sanibel – COVID-19

The City declared State of Emergency, issued in response to COVID-19, has been extended by Mayor Mick Denham until February 9, 2021, unless further extended. Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven (7) days and thus must be updated weekly as long as the emergency conditions are present.

Additionally, the City of Sanibel face covering mandate is reaffirmed to be consistent with the Governor’s Order 20-244 and shall remain in force and effect through the duration of the 7-day state of local emergency. Social distancing encouraged and group gatherings are to be avoided.

From Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 through February 2 is 210 cases. This is the number of cases for zip code residents. It does not include Captiva and the many workers and visitors that come and go. MORE THAN HALF OF THESE CASES WERE IN THE LAST TWO MONTHS. January was the highest with 69 cases. December had 50. PLEASE CONTINUE TO STAY VIGILANT.

Flood Insurance – When to Assume

Good article in today’s “Island Sun” by Angela Larson Roehl, with Rosier Insurance on Sanibel (info@rosierinsurance.com):

“The National Flood Insurance Program currently allows its flood policies to be assumed by new property owners if the current owner grants permission. The reason for a buyer to assume a seller’s flood insurance policy is to retain the current rated flood zone and void being rated from a higher rated flood zone. However, a buyer may choose to assume a flood policy in order to avoid the mandatory 30-day wait for flood insurance if there is not a lender requirement.

“The other reason a buyer may want to assume a flood policy is to avoid having a new flood elevation certificate done on the property should a flood elevation certificate not be available for a new flood policy to be rated.

“If a seller allows their flood insurance to be assumed, then they understand that any unearned premium they would have received via a refund will be paid to them by the buyer. Usually, the title company handling the closing will arrange the collection from the buyer.

“The flood policy being assumed keeps the original effective and expiration date.”

“Ding” Darling Starts Free Seasonal Tours

This week’s ““Ding” on the Wing” by the “Ding” Darling National Wildlife Refuge Society says “The Refuge has received the greenlight on offering socially distanced tours of 10 people or less. There’s no set schedule, so monitor the Eventbrite page to see what staff and volunteers are currently offering and to sign up for tours such as Birding the Refuge car caravan tour, Bailey Tract Tour, Bike Tour, and Beach Walk. Please bring your own binoculars and scopes. The next tour is a Beach Walk at Perry Tract/Gulfside City Park on Sunday, February 7, starting at 9 a.m.

Come on Down! Florida Attracts Retirees & Many More

This article was posted on-line Wed on FloridaRealtors®: By Erica Plemmons, economist & Director of Housing Statistics

“ORLANDO, Fla. – Americans from the Northeast and Midwest continued to go south and west in 2020, excluding an exodus from California where residents moved to less expensive neighboring states. Typically, Florida advertises its warmer climate, lack of state income tax and job opportunities. But other Southern states have some, if not all, of those qualities too.

“So, what draws movers to the Sunshine State? The United Van Lines 2020 Movers Study allows us to analyze who relocated to Florida, their reason for moving, and how Florida’s appeal compares to its peers. From an income standpoint, the study finds over two-thirds of movers to Florida answered that they earn over $100,000 per year, with 41.5% earning more than $150,000. Southern states (Georgia, North Carolina, South Carolina, Tennessee, Alabama and Texas) show a similar trend.

“Likewise, outbound movers tend to indicate higher incomes. This finding likely comes from selection bias. Think about it: Not all relocators can afford to use moving services, or maybe they prefer to do-it-themselves. With that in mind, we can’t reliably infer flocks of wealth are entering or leaving states based on the income breakouts provided in the study.

“Of movers to Florida, 39% indicate retirement as their reason for moving. The state is the second highest for retirement (as a percentage) following Delaware, and South Carolina attracts a similar percentage of retirees to its state. But the other southern states diverge, with the main appeal of Texas, Tennessee and Georgia being job opportunities. North Carolina and Alabama fall somewhere in between; more people indicate relocating for a job, but a share is also moving for retirement.

“In the United Van Lines moving analysis, most movement between states is tied to jobs. But since retirees account for many of the moves, just 23% of new Floridians cite “a job” as their reason for coming to the Sunshine State, though that doesn’t mean Florida lacks employment opportunities. Texas surpassed Florida in both percentage and volume of inbound shipments from jobs in 2020. The rest of its southern peers have a larger percent of movement from jobs, yet only North Carolina and Georgia have a similar volume, with Tennessee trailing slightly.

“Florida also attracts people for lifestyle (21%) and family (17%). The age range of movers reflects what we would expect based on the reasons for changing location. Nearly 70% of those relocating to Florida are older than 55; 37% are 65 or older.

“The highest proportion of retirees moving out is from the northeastern states, like New Jersey, Connecticut, Maine and New York, as well as some Midwest areas.

“Allied Van Lines gives a peek at its migration trends between cities. These relocation trends aren’t limited to retirees. Coming into Florida, there’s movement from New York City, Washington, D.C., Chicago, Philadelphia and Atlanta….”

Sanibel & Captiva Islands Multiple Listing Service Activity January 29-February 5, 2021

Sanibel

CONDOS

4 new listings: Sundial #J102 1/1 $499K, Loggerhead Cay #223 2/2 $594.5K, Lighthouse Point #221 2/2 $719K, Loggerhead Cay #523 2/2 $945K.

5 price changes: Sandalfoot #3C1 2/2 now $639.9K; Sunset South #10C 2/2 now $710K; Island Beach Club #210A 2/2 now $739K; Sanibel Arms West #D2 2/2 now $924,999; Pointe Santo #C3 3/2 now $1,099,999.

12 new sales: Spanish Cay #F2 1/1 listed at $325K, Casa Blanca #8 2/1 listed at $349K, Sundial #G406 1/1 listed at $519K, Mariner Pointe #732 2/2 listed at $559K, Sandpebble #2B 2/2 listed at $575K, Heron at The Sanctuary #2B 3/3.5 listed at $749.9K, Sandpiper Beach #303 2/2 listed at $825K, Kings Crown #104 2/2 listed at $999K (our listing), Sundial #P402 2/2 listed at $1.189M, Island Beach Club #230D 2/2 listed at $1.335M, Island Beach Club #220D 2/2 listed at $1.34M, Kings Crown #302 2/2 listed at $1.499M.

1 closed sale: Sanibel Surfside #124 2/2 $970K.

HOMES

5 new listings: 1657 Sabal Sands Rd 3/2 $805K, 3570 Bunny Ln 3/3 $869K, 1312 Sand Castle Rd 3/2 $979K, 542 N. Yachtsman Dr 3/2 $1.229M, 9445 Beverly Ln 4/3 $1.495M.

6 price changes: 9254 Kincaid Ct 2/2 now $491.5K, 2441 Shop Rd 4/3.5 now $954K, 3910 Coquina Dr 6/4 now $1.75M, 775 Conch Ct 4/3 now $1.895M, 1680 Hibiscus Dr 3/3.5 now $1.975M, 6111 Sanibel-Captiva Rd 5/4/3 now $18.395M.

11 new sales: 9254 Kincaid Ct 2/2 listed at $491.5K, 3040 West Gulf Dr 3/2 listed at $679K, 223 Southwinds Dr 3/2 listed at $719K, 1430 Sanderling Cir 4/3.5 listed at $799K, 4202 Old Banyan Way 3/2 listed at $899.5K, 2313 Wulfert Rd 4/3 listed at $1.099M, 709 Pyrula Ave 3/3 listed at $1.125M, 3019 Poinciana Cir 5/3.5 listed at $1.195M, 1133 Buttonwood Ln 3/2.5 listed at $1.395M, 2479 Harbour Ln 4/3 listed at $1.795M, 4166 Dingman Dr 4/4 listed at $2.2M.

7 closed sales: 660 Oliva St 3/3 $805K; 5835 Pine Tree Dr 3/2 $834.5K; 1743 Venus Dr 4/3.5 $1.556M; 5771 Baltusrol Ct 3/4 $1,700,197; 5391 Shearwater Dr 3/3.5 $1.725M; 677 Anchor Dr 5/5.5 $1.895M; 1069 Bird Ln 4/3.5 $4.25M.

LOTS

1 new listing: 2310 Wulfert Rd $299K.

No price changes.

5 new sales: 2515 Wulfert Rd listed at $239.5K, 1313 Par View Dr listed at $324.9K, 2933 Wulfert Rd listed at $349K, 1292 Par View Dr listed at $349.9K, 1837 Buckthorn Ln listed at $499K.

2 closed sales: 2307 Wulfert Rd $160K, 2319 Wulfert Rd $160K.

Captiva

CONDOS

No new listings or price changes.

3 new sales: Bayside Villas #4116 1/2 listed at $380K, Bayside Villas #4124 1/2 listed at $410K, Lands End #1637 2/2 listed at $1.495M.

2 closed sales: Tennis Villas #3125 1/1 $345K, Beach Homes #2 3/2 $1.7M.

HOMES

1 new listing: 11541 Laika Ln 4/4 $2.15M.

No price changes or new sales.

2 closed sales: 11431 Dickey Ln 3/2 $1.111M, 1119 Schefflera Ct 4/3.5 $5.8M.

LOTS

Nothing to report.

 

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

Below is our ad from today’s “Island Sun”. First another photo taken today of a peek at the marina at South Seas Resort. It’s a beautiful day in the neighborhood!

Until next Friday, Susan Andrews, aka SanibelSusan

Tropical Storms, Multiple Offers, & Other Island Fun!

The real estate market craziness continues here even with a tropical storm thrown in on Wednesday to complicate things. Lee County schools were closed Monday because of the bad weather forecast. At that time who knew where Tropical Storm or Hurricane Eta would end up? That was one unpredictable storm.

Schools were back in session Tuesday and students also instructed to attend on Wednesday (Veterans’ Day) which was a previously scheduled holiday, but instead used as a hurricane make-up day. No sooner were the kiddos settled in their classrooms on Wednesday when the weather took a turn for the worse and parents were notified that schools would close three hours early.

It was wild and wooly outside the office then too. Teammate Elise and I watched as driving rain and wind sometimes knocked down branches at City park across the street. By late morning, there also were periodic power outages. During this, Teammate Dave was at a home inspection that finally was halted when the electricity went out there too.

Coming back to the office, Dave noted flooding all over the east-end and long lines of traffic going off-island at the 4-way stop. This water accumulation was different from the 100-year rain event earlier in October. This one was salt water from the gulf being driven ashore by the wind – especially causing havoc at high tide. Earlier, the City had removed some of the beach walkway mats at Lighthouse Beach where the parking lot flooded, becoming impassable.

Dave also took a drive by my house, noticing a few tipsy trees, downed branches, and my dock mostly submerged. East-end beaches had all but disappeared with water coming up the beach paths onto the roadways and parking lots in many areas.

We heard the causeway was closed temporarily while debris was removed from the roadway. When Elise left the island about noon for school pick-up, she reported that waves were crashed over the cars as they neared the bridge. Later, when Dave left, he saw front-end loaders removing sand from the roadway on Summerlin just off-island past the toll booth.

After closing at 5 p.m., as I drove home, there was little activity on Periwinkle Way. I passed just a lone “Prime” delivery vehicle and a couple of parked cars at just a handful of businesses still open. Most were closed.

It was not long after I got home that the rain stopped, the wind let up, and a stray biker in a rain slicker pedaled down my street. Sanibellians and her visitors make the best out of any weather!

By yesterday morning, the weather was back to normal, though the parking lots at the fishing pier side of the lighthouse and the big one at Blind Pass remained closed due to standing water.

Today, it was back to being a beautiful bright-blue sunny 78-degree morning as I drove to the office. The forecast for the next ten days is much the same. I probably should not say it too loud, but the 2020 hurricane season may finally be over! Or almost!

At SanibelSusan Realty Associates

Even during the wild weather this week, there were three more SanibelSusan Realty sales. There also are reports of multiple offers and some properties selling at or over asking price. As more visitors arrive and snowbirds return, inquiries and showing requests continue to increase. The action this week in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

City of Sanibel – Emergency Declaration, COVID-19

Again, Sanibel’s Mayor extended the declared state of emergency due to COVID-19, now it goes until November 17, 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.) The City face covering mandate remains in effect too.

Per the Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 is 68. Numbers are being posted now by the week, but unfortunately like much of the nation, cases are increasing here too. Below is a summary to put the number of cases in context, over time:

  • Week-ending 3/29 through 5/31 – two months = 11 cases
  • Week-ending 6/7 through 8/30 – two months = 30 cases
  • Week-ending 9/6 through 11/1 – two months = 22 cases
  • Week-ending 11/8 – 1 week = 5 cases

Please stay vigilant – continue social distancing, hand washing, mask wearing, and avoid group gatherings.

Sanibel & Captiva Islands Association of Realtors

Yesterday, the local Association of Realtors® hosted a brokers’ roundtable Zoom meeting. Officers and directors of the association were in attendance as were brokers from John Gee & Company, John Naumann & Associates, John R Wood Island Real Estate, Pfeifer Realty Group, ReMax of the Islands, Royal Shell Real Estate, South Seas Sanibel & Captiva Properties, VIP Realty Group, and, of course, SanibelSusan Realty. Updates were provided on the City review of requirements for temporary business signs, on requirements for Realtor® team advertising, and on recent MLS monitoring, changes, and improvements.

Biweekly Zoom caravan meeting will continue followed by caravan open houses with safety precautions. The next one is next Thursday.

Last night the Association held a toy drop-off event called “Merry F.I.S.H.-mas” to provide donations to F.I.S.H. for the upcoming Christmas season. Donations (unwrapped toys, gift cards, checks made out to “F.I.S.H.”) are being accepted at the Association Office until the end of the month.

Sanibel & Captiva Islands Multiple Listing Service Activity November 6-13, 2020

Sanibel

CONDOS

5 new listings: Mariner Pointe #1091 2/2 $559K, Sandalfoot #2C2 2/2 $657K, Island Beach Club #210A 2/2 $759K, Sand Pointe #113 2/2 $799K, Pelicans Roost #203 2/2 $925K.

3 price changes: Lighthouse Point #120 3/2 now $620K, Sundial #T201 2/2 now $799K, Pointe Santo #C23 3/2 now $1.1M.

12 new sales: Spanish Cay #F3 1/1 listed at $325K (our buyer), Sundial #D309 1/1 listed at $434K, Coquina Beach #2B 2/2 listed at $479K, Sandpebble #2B 2/2 listed at $480K, Mariner Pointe #522 2/2 listed at $484.9K (our listing), Blind Pass #G201 2/2 listed at $540K, Sanibel Arms West #M2 2/2 listed at $546K, Sanibel Arms West #K7 2/2 listed at $562.5K, Sunset South #9D 2/2 listed at $599K, Gulf Beach #106 2/2 listed at $849K (our buyer), Sayana #103 2/2 listed at $948.5K, Atrium #103 2/2 listed at $1.175M.

3 closed sale: Mariner Pointe #1083 2/2 $465K, Sundial #O201 3/2 $810K, Sundial #K402 2/2 $1.04M.

HOMES

1 new listing: 660 Oliva St 3/3 $829K.

2 price changes: 2001/2003 Mitzi Ln 6/6 duplex now $859K, 1245 Isabel Dr 3/3.5 now $2.149M.

6 new sales: 1764 Bunting Ln 2/2 listed at $524K; 1125 Captains Walk St 3/3 listed at $739,937; 1467 Sand Castle Rd 3/3 listed at $789K, 250 Hurricane Ln 3/2.5 listed at $1.049M, 1717 Jewel Box Dr 3/3.5 listed at $2.2685M, 1718 Jewel Box Dr 4/4.5 listed at $2.749M.

5 closed sales: 1403 Sandpiper Cir 3/2.5 half-duplex $483K, 1296 Par View Dr 3/3 $710K, 9393 Peaceful Dr 3/2.5 $750K, 4156 West Gulf Dr 3/2 $1.115M, 1558 San Carlos Bay Dr 3/3.5 $3.05M.

LOTS

1 new listing: 5301-25 Sanibel-Captiva Rd $1.2M.

1 price change: 6008 White Heron Ln now $819K.

No new sales.

1 closed sale: 2486 Wulfert Rd $100K.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Lands End Village #1659 2/2 listed at $975K, Ventura Captiva #2B 3/3 listed at $979K.

No closed sales.

HOMES

1 new listing: 11540 Laika Ln 3/2.5 $1.29M.

2 price changes: 16189 Captiva Dr 6/4 now $3.75M, 16660 Captiva Dr 5/6.5 now $15.95M.

1 new sales: 16611 Captiva Dr 6/6.5 listed at $4.889M.

No closed sales.

LOTS

Nothing to report.

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

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

Until next Friday, here’s hoping you are storm-free & safe! Be well, too!

Susan Andrews, aka SanibelSusan

BOGO With Gulf Of Mexico Tropical Storms

Time for another Friday update from SanibelSusan Realty, where we are keeping a watchful eye on the weather. 2020 sure has been one for the record books. Today, adding that two tropical storms are expected to arrive simultaneously in the Gulf of Mexico adds to the unpredictability of the year.

Teammate Dave was out this morning checking our listings and we will continue to follow projections. The latest indicates that Tropical Storm Laura may be nearby, though maybe off shore, Monday into Tuesday.  

Meanwhile, though the islands already have experienced plenty of summer showers this week, the surrounding gulf waters are clear and beautiful. Jim Sazbo, owner of SanCap Aerial photography, provider of drone views for the City, on Wednesday posted the below photo showing the Lighthouse end of the island. May the water stay looking like this!

Island Real Estate Action

Island sales action has slowed a little this week. Often fewer visitors are here late August through September, but it also is the time that those looking usually are serious – particularly those wanting to have a property in place to enjoy or rent this winter.

We got an inquiry this week about one of our condo listings that resulted in a showing and it was interesting to hear the same question from them that I heard last week from a buyer interested in another complex.

That question is “Why are so many properties for sale in that community?”. It certainly makes sense to ask why owners are selling and to be cautious if it looks like a community may have a problem. But in all my years here, it has been rare to have owners want to sell because of something negative about a neighborhood. More often, owners sell to move up to another property, or for investment, or because of a change in life situation.

What also is interesting is that some communities sell more one year than aother, often without a common explanation. Here are a few that have had noticeable jumps in sales this year:

  • Blind Pass condominiums: 5 units have sold/closed this year to-date, compared to just 2 in all of 2019.
  • Gulfside Place, 4 sold/closed, compared to 2 last year.
  • Sand Pointe, 5 sold, compared to 2 last year.
  • The Dunes, 20 homes have sold to-date, compared to the same number in all of 2019, but another 10 are under contract.
  • Sanibel Estates, where I live, 12 homes have sold, compared to 9 last year, 2 others under contract.
  • Sanibel Isles, 4 homes sold to-date & 2 under contract, just 1 sale in 2019.
  • Captiva in South Seas Plantation, Bayside Villas: 2 sales last year, 4 year-to-date, 7 more units under contract in last 2 weeks.
  • Captiva Beach homes also are ahead of last year: 3 homes sold then, 5 have sold this year, 3 others under contract.

The activity post since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

Here in the office, I am close to finishing my annual update of the Resort & 2nd Home module that I teach for the Sanibel & Captiva Islands Specialist Designation. It is challenging trying to convert it to a Zoom format without losing the fun associated with in-person classes. Hoping to learn some tips, I have signed up to take the 14-hours of Continuing Ed required of Realtors® every two years, by Zoom.  

Openings/Closings/Rescheduling

City of Sanibel – On Tuesday, Mayor Ruane extended Sanibel’s declared State of Emergency in response to COVID-19, until August 25, 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.)

Since March 26, a total of 41 COVID 19 cases have been reported on Sanibel by Florida Department of Health (DOH).

F.I.S.H. 12th Annual 10K Race Will be Virtual – While the “official” date of the race was scheduled for October 24, runners may participate virtually and log their time at any point from when they register through October 31. Registration will open later this month through the Fort Myers Track Club. More info regarding incentives for runners who help register groups or raise funds for F.I.S.H. will be available on the F.I.S.H. and Fort Myers Track Club websites. Participants will receive a dri-fit shirt with this year’s Hortoon logo and matching face covering. (www.fishofsancap.org). (SanibelSusan will not be needed as a Sanibel Square race safety monitor this year, but fully supports all that this wonderful organization has done and continues to do for those needing a hand, particularly in these trying times. The Association of Realtors® Summer 2020 challenge continues with our members and affiliates donating bags of items with school supplies and non-perishables for the F.I.S.H. food pantry. Their needs this year are enormous.)

Library Reopens – Monday, the Sanibel Public Library’s building reopened to the public following a deep clean. Precautions are in place to help protect staff and visitors from COVID-19. Inside the building, social distancing and wearing of masks (except those under age 6) are required. Library cards are available at no charge to residents of Sanibel and Lee County. Visitor library cards are available for a $10 annual fee. The Library is open Mondays and Thursdays from 9 a.m. to 8 p.m.; Tuesdays, Wednesdays, and Fridays from 9 a.m. to 5 p.m.; and Saturdays from 9 a.m. to 1 p.m. For more info, call 239-472-2483 or visit online at www.sanlib.org. Contact-less curbside service is continuing, call or go online to place a hold.

Virus May Have Boosted the Housing Market

Locals recognize that the pandemic is boosting the island real estate market, but here is a more national glimpse, from an article posted August 11 on FloridaRealtors® by Kerry Smith.

“In earlier times, a pandemic + recession would have slowed the market, but today’s unique circumstances seem to have sparked an even stronger demand for homeownership.

“SEATTLE – Three-quarters of homebuyers who plan to buy a home within the next 12 months say the coronavirus pandemic has impacted their homebuying plans – and one in four (25%) says it caused them to move faster or speed up their timeline.

“However, one in five (20%) say they’ve postponed homeownership, and 17% are now looking at less expensive homes, according to a survey conducted by Redfin.

““Somewhat counterintuitively, the coronavirus-driven recession is propping up the housing market,” says Redfin Chief Economist Daryl Fairweather. He says homebuyer demand surged in the second quarter of 2020 even though GDP took a nosedive.

““Americans value the home more than ever and are willing to prioritize housing even as they cut back on other expenses,” says Fairweather. “Additionally, the Fed is using low interest rates to stimulate the economy, which is giving buyers more purchasing power and boosting home sales. But even with low rates, widespread unemployment and financial uncertainty mean not everyone who wants to buy a home is able to” do so.

“The pandemic’s most common homebuyer impact is a desire for more space: 21% of respondents want a designated area to work from home and 21% want more outdoor space; in addition, 10% of respondents now want a bigger home, and 7% want a designated space for children to learn from home.

““When the pandemic first hit, a few buyers canceled contracts due to economic uncertainty and concerns about potential layoffs,” says Phoenix Redfin agent Thomas Wiederstein. “I’ve also had some clients take breaks from searching because they don’t know how the economic situation is going to play out.

“But then there’s the other side,” says Wiederstein, “those who are encouraged by low mortgage rates, sitting around in their tiny apartment dreaming of the space a single-family home can offer.””

Sanibel & Captiva Islands Multiple Listing Service Activity August 14-21, 2020

Sanibel

CONDOS

1 new listing: Sanctuary Golf Villages I #1-5 2/2.5 $999K.

No price changes.

4 new sales: Ibis at The Sanctuary #102 2/2 listed at $479K, Island Beach Club #P1A 2/2 listed at $599K, Sunset South #2D 2/2 listed at $675K, Sundial #J107 2/2 listed at $729K.

No closed sales.

HOMES

3 new listings: 2001/2003 Mitzi Ln 6/6 duplex $999K, 3351 Barra Cir 3/2.5 $1.199M, 4992 Joewood Dr 3/3.5 $1.595K.

8 price changes: 981 Main St 4/2.5 now $675K, 4397 Gulf Pines Dr 3/3 now $745K, 543 Boulder Dr 3/2 now $799K, 215 Robinwood Cir 4/3 now $829K, 930 Kings Crown Dr 3/2 now $1.195M, 2739 Wulfert Rd 4/5.5 now $1.25M, 5757 Baltusrol Ct 3/3 now $1.539M, 1520 Angel Dr 5/5.5 now $1.575M.

8 new sales: 1954 Roseate Ln 3/2 listed at $549K, 1031 Sand Castle Rd 3/3 listed at $695K, 1114 Sabal St 2/2 listed at $795K, 734 Anchor Dr 3/2 listed at $875K, 545 Lake Murex Cir 3/3 listed at $1.075M, 930 Kings Crown Dr 3/2 listed at $1.195M, 1671 Hibiscus Dr 5/3 listed at $1.199M, 1558 San Carlos Bay Dr 3/3.5 listed at $2.989M.

3 closed sales: 6033 Dinkins Lake Rd 3/3.5 $685.9K, 938 Pecten Ct 3/2.5 $860K, 5419 Osprey Ct 3/3.5 $1.035M.

LOTS

No new listings.

1 price change: 4995 Joewood Dr now $2.45M.

2 new sales: 0 Island Inn Rd listed at $599,555; 1226 Isabel Dr listed at $1.239M.

No closed sale.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Bayside Villas #4216 1/2 listed at $374.9K, Bayside Villas #5218 1/2 listed at $399K.

No closed sales.

HOMES

No new listings or price changes.

2 new sales: 16525 Captiva Dr 3/4 listed at $1.459M, 16531 Captiva Dr 8/8 listed at $2.85M.

2 closed sales: 11525 Wightman Ln 3/2 $1.175M, 11514 Wightman Ln 5/5 $1.65M.

LOTS

1 new listing: 16151 Captiva Dr $8.95M.

No price changes, new or closed sales.

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

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

Enjoy your weekend & watch out for those BOGO’s.

Until next Friday, Susan Andrews, aka SanibelSusan