Families on spring break are on Sanibel – or at least those wanting an environmentally-fun outdoor vacation with fabulous weather. Traffic is challenging with the City encouraging no unnecessary travel from 3 to 7 p.m. That’s what happens in “peak” season. The City traffic app showing the cameras at the intersections helps us plan our routes which always includes turning “right”, not left.
At SanibelSusan Realty Associates
The team and I got our Friday work done early this week to give me time to run home and change for our BIG ARTS Community Chorus Spring Concerts. Singers were/are required to be on-stage for pre-performance warm-ups at 6 p.m. and with the traffic being iffy, extra time was anticipated. It took me 45 minutes last night at 5 p.m. to drive the 3 miles from my east-end home to get back to BIG ARTS. Hopefully, it will be easier tonight. Last night’s performance was a sell-out!
These concerts were early this year because the buildings at the BIG ARTS campus on Dunlop Road will be coming down in just a few weeks when the construction project for the new facility begins. Next year, when the new performance hall is complete, the entire chorus will fit on the stage and the audience will enjoy more comfy seating.
With our listings, teammate Dave held three open houses again this week and we had closings yesterday and today where they are both our listing and our sale. All of the action posted this week in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below. You’ll notice that price reductions continue, but there also was good sales action.
1st Meeting of the New Governing Board of the South Florida Water Management District
We heard excellent news yesterday following the first meeting of the entirely new board of the South Florida Water Management District. You may remember that just days after he took office, Florida’s Governor DeSantis called for the resignation of the former board members. Over the course of the last few weeks, Gov DeSantis appointed new board members.
In West Palm Beach yesterday, at the first meeting of this new board, they chose their new leaders to fulfill the District’s flood control, water quality projects, environmental restoration and water supply missions. The new board elected Sanibel’s-own Chauncey Goss as their Chairman. That is great for the 8.1 million residents of South Florida. Congratulations, Chauncey!
Shell Identification App
The Bailey-Matthews National Shell Museum has announced that their shell identification app now is available. Many members of the local shell club including SanibelSusan helped for several months with the beta version as the shell library was compiled.
The app is available through the link below and is helpful in several ways. First it helps identify shells, provides a full-color shell guide, offers info from museum experts about shells, and provides info on the daily activities and special events at the museum, and beach walks. You can take a picture of a shell and quickly identify it using the app. That’s the part of the testing where I participated.
Florida Homes Are Hot
Posted on-line by FloridaRealtors® on Tuesday, this article is sourced to “Builder” magazine (03/11/19) Sowers, Scott:
“Florida ranked as the No. 1 place for buyers, according to a recent Lending Tree survey. “Out of all mortgage requests made during the study, 9.1% were for homes in Florida, and moving companies that worked with out-of-state homebuyers reported that 12.4% of all requested destinations were in Florida. Builder magazine calls Florida’s growth “explosive.”
“The study broke Florida down into five distinct housing markets.
“”In Southwest Florida you have a lot of retirees. In central Florida you have retirees and international buyers,” says Tony Polito, Metrostudy’s regional director for the Tampa area. “In South Florida you have a lot of international buyers.”
“The largest pool of buyers in Jacksonville are first-time and entry-level buyers impacted by a lack of choices and affordability. In Central Florida, there is local demand as well as a diversified base of buyers that includes investors, seasonal residents, international and vacation homebuyers.
“High demand and low inventory have pushed prices up, according to Toby Hoff, Metrostudy regional director.
“Builders moving out of the core areas of Central Florida have been able to bring more affordable homes online. Buyers in this supply-constrained market are now willing to deal with longer commutes or less-than-desirable schools in order to find something that is both new and in their price range,” he says.
“Although Tampa, Sarasota and St. Petersburg are all interconnected, they are very different housing markets, with Tampa booming and generating new jobs. “We have two counties that account for 90% of the housing activity. Hillsborough, which the city of Tampa sits in, and Pasco County to the north,” says Polito. “Between Pasco and Hillsborough County, today we have a 14.8-month supply of vacant lots. Market equilibrium in this market is 24 to 36 months. Anything below 24 months means land prices are still rising. You can’t even find a small orange grove to develop.””
Florida Realtors® & Dubai Land Dept. Sign Agreement to Encourage Collaboration
Having visited Dubai last year, it was fun to read the below Wednesday news release from Florida Realtors® – where friends President Eric Sain and President-Elect Barry Grooms represented our organization at MIPIM 2019.
“CANNES, France, March 13, 2019 — Florida Realtors and the Dubai Land Department today signed a joint Memorandum of Understanding (MoU) during MIPIM 2019, the international real estate and property investors conference held March 12-15, 2019, in Cannes, France.
“The MoU establishes the parties’ cooperation in developing a mutually beneficial relationship in the general field of real estate, building a foundation for future business opportunities.
““As professionals in the real estate industry, we take pride in providing our knowledge and expertise to clients in Florida, Dubai and throughout the world,” said 2019 Florida Realtors President Eric Sain. “Florida Realtors and the Dubai Land Department share mutual goals for future success. We look forward to strengthening our cooperative efforts and building more connections to enhance business opportunities for all of our members.”
“As part of the agreement, Florida Realtors and the Dubai Land Department “affirm the value of international collaboration and agree to exchange information in the general field of real estate, promote professionalism in the real estate industry and engage in other activities that offer mutual benefits.”
“According to Her Excellency Ms. Majida Ali Rashed, CEO of the real estate investment promotion and management sector of the Dubai Land Department, establishing this relationship with Florida Realtors enables the parties to develop a greater mutual understanding and more mutually beneficial opportunities.
“The MoU signing took place today at the Dubai Pavilion. Florida Realtors 2019 President-Elect Barry Grooms attended the signing along with President Sain; Her Excellency Ms. Majida Ali Rashed, CEO of the real estate investment promotion and management sector of the Dubai Land Department; Mr. Shadi Bteddini, CEO of AQARI Global, the USA Trustee of the Dubai Land Department; and Florida Realtors Director of Global Business Maria Grulich.
“Also in attendance: Spanish International Realty Alliance CEO Francis Fernandez Ariza, representing another global partner with Florida Realtors; André Perrissel, president of FNAIM Provence International Committee, FNAIM Aix Marseille Provence; Michel Platero, president of FNAIM Grand Paris; Ingrid Damoiseau, president of World Property Business Club; and Adam Scott, an international delegate also representing the last three groups, all highly regarded real estate organizations in France that also are global partners with Florida Realtors..
“Representatives of several sponsors and partners with Florida Realtors for this year’s MIPIM were present as well, including: Enterprise Florida, Florida Power & Light, the Orlando Regional Realtor Association (ORRA) and the Pinellas Realtors Organization (PRO).”
Island Water Reminders For Seasonal Residents
There was a nice checklist in the spring issue of the “IWA Pipeline. Here’s the abbreviated version for keeping your water secure when you are away.
- Take advantage of IWA’s annual free turn-off and turn-on of your water at the meter. If you don’t have a pool or irrigation system, it makes sense that you have IWA do this if you are heading north and won’t be back until next “season”.
- If you don’t want your water turned off at the meter and don’t have a backflow prevention device, turn off your house water valve. That turns off all spigots inside the house. If you do this, it is wise to also shut off the hot-water heater valves and corresponding circuit breaker.
- As a precaution remove any outside hoses that won’t be used while you are away.
- Have your home-watch read your water meter to see if water is going through the meter or if you have high usage. IWA reads meters only once a month.
- Check the usage and amount of your water bill every month.
- Put a fresh battery in your irrigation controller. Power outages and surges are common in the summer. Irrigations system controllers have battery back-up for these instances, but if the battery is dead, some systems will default to water every day. Also check your rain sensor to be sure that it’s operating correctly for your property. Speaking of sensors, Sanibel irrigation systems are required to have a working rain sensor.
Sanibel & Captiva Islands Multiple Listing Service Activity Mar 8-15, 2019
3 new listings: Sanibel Arms West #M1 2/2 $515K, Sanibel Siesta #109 2/2 $525K, Pine Cove #C 2/2 $1.095M.
6 price changes: Donax Village #10 1/2 now $349K, Sundial #H210 1/1 now $399K, Island Beach Club #240F 2/2 now $749K, Surfside 12 #A3 3/2 now $799K, Yacht Haven #2 3/2 now $1.049M, Sanibel Surfside #231 3/3.5 now $1.25M.
3 new sales: Spanish Cay #F7 1/1 listed at $249K, Pine Cove #204 2/2 listed at $1.45M, Atrium #207 2/2 listed at $1.55M.
3 closed sales: Captains Walk #B2 1/1 $214K (our listing & sale), Lighthouse Point #128 3/2 $650K (our listing & sale), Loggerhead Cay #143 2/2 $715K.
6 new listings: 1418 Sanderling Cir 3/3 $699K, 6103 Starling Way 2/2 $739K, 247 Christofer Ct 3/2 $825K, 547 N Yachtsman Dr 4/3.5 $975K, 2552 Harbour Ln 3/2 $1.195M, 1035 Blue Heron Dr 3/2 $1.695M.
20 price changes: 9465 Coventry Ct 3/2 now $599,999; 573 Lake Murex Cir 3/2 now $645K; 3017 Turtle Gait Ln 3/2 now $689K; 749 Cardium St 3/2 now $689K; 678 Durion Ct 3/2 now $749.9K; 5747 Pine Tree Dr 3/3 now $795K; 405 Tiree Cir 3/2 now $799K; 1050 White Ibis Dr 4/3.5 now $849K (our listing); 1410 Albatross Rd 3/3 now $875K; 478 Sea Oats Dr 3/3 now $949K; 6123 Starling Way 3/2.5 now $969K; 1199 Par View Dr 3/2.5 now $999K; 1345 Eagle Run Dr 3/2.5 now $1.12M; 2984 Wulfert Rd 3/4 now $1.195M; 2282 Wulfert Rd 4/4.5 now $1.295M; 1525 San Carlos Bay Dr 4/2 now $1.485M; 4630 Rue Bayou 4/4.5 now $1.495M; 2411 Blue Crab Ct 4/4.5 now $2.499M; 1136 Golden Olive Ct 4/4.5 now $2.59M; 3615 West Gulf Dr 3/2 now $2.95M.
13 new sales: 9248 Kincaid Ct 2/1 listed at $399K, 651 Donax St 4/2 duplex listed at $524.9K, 9277 Dimmick Dr 3/2 listed at $549K, 5306 Ladyfinger Lake Rd 3/2 listed at $595K, 6143 Henderson 4/3 listed at $599K, 955 S Yachtsman Dr 3/2 listed at $699K, 5306 Umbrella Pool Rd 4/3 listed at $749K, 1309 Eagle Run Dr 3/2.5 listed at $1.095M, 1126 Harbour Cottage Ct 3/2 listed at $1.169M, 569 Lighthouse Way 3/3 listed at $1.185M, 4992 Joewood Dr 3/3.5 listed at $1.365M, 5606 Baltusrol Ct 4/6 listed at $1.795M, 6170 Dinkins Lake Rd 3/3 listed at $2.374M.
2 closed sales: 9448 Cotton Ct 3/2 $800K, 742 Sand Dollar Dr 2/3 $900K.
1 new listing: 223 Robinwood Cir $329K.
No price changes, new, or closed sales.
1 new listing: Bayside Villas #4124 1/2 $399,999.
1 price change: Gulf Beach Villas #2004 2/2 now $638K.
1 new sale: Beach Villas #2636 2/2 listed at $759K.
1 closed sale: Beach Villas #2428 2/2 $625K.
No new listings or price changes.
1 new sale: 55 Sandpiper Ct 3/2 listed at $929K.
No closed sales.
Nothing to report.
This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.
Enjoy your weekend!
Until next Friday, Susan Andrews, aka SanibelSusan