Sunny Sanibel September Scoop

Even with the Monday holiday, it has been a quiet September week on sunny Sanibel. The causeway was packed over the long weekend, but Sanibel beaches were not overly busy.

Though the great summer-like weather continues with little traffic, there are a few visitor rumblings about the many temporary restaurant closings. That list has been updated and provided below.

Meanwhile, like me, some of my local pals are not out socializing much, but instead limiting their travels to home, work, necessary shopping, and doctoring. We are anxious for COVID-19 numbers to get under control. It is sad that this week, Lee Health had their highest number of pandemic deaths, as many as 18 a day. The number of unvaccinated cases reported is staggering and hospitalizations now include many children. With the politics about mask wearing and CDC precautions all over the news, it is scary to realize that this pandemic is getting worse – not better. We hope that you and yours remain safe and healthy.

Sanibel & Captiva Real Estate

In the world of island real estate, there was no Association of Realtors® Caravan meeting this week, At the late-August membership meeting, where two local rental managers spoke (Fran Peters with Island Vacations and Sharon Michie with Cottages to Castles), it was interesting to hear how 2021 has set records for both rental income and bookings. Even with cancellations and without foreign visitors, the islands have persevered as a much-desired vacation destination. Both companies were booked until late August. Rental prices continue to rise as the pent-up demand for island vacations goes up.

They also reported that accommodations are fully reserved for the upcoming winter season. Like we have seen in sales, many property owners now are using their condos and homes more themselves, further limiting rental availability. Those companies with accommodations have wait lists of vacationers wanting extended winter stays.

It will be interesting to see what happens with reservations over the next few weeks. There likely will be more COVID-related cancellations, but I bet those timeslots quickly will be scooped up by others anxious to come.

Regarding real estate sales, according to the Sanibel/Captiva Multiple Listing Service (MLS) today, there are just 15 Sanibel condos for sale, 5 on Captiva. Looking at homes, there are 26 on Sanibel and 12 on Captiva.

After a few news items below is the action posted in the MLS since last Friday.

Sanibel Causeway Toll Collection

Posted this week on the Lee Government website: Lee County has moved to an all-electronic process for toll collection. To avoid administrative fees that will be reinstated beginning October 1, 2021, they suggest residents sign up for a LeeWay transponder or use a compatible transponder such as SunPass or E-ZPass. Residents can sign-up to receive a transponder to avoid these extra fees being reinstated Motorists with compatible transponders will continue to pay the same prices. Motorists using pay-by-plate will be charged a $3 administrative fee per toll. This fee covers the manual costs of identifying motorists and billing them by mail. Visit leegov.com/tolls for more information.

Sanibel Farmers Market Beginning Soon

Get ready, the Sanibel Farmers Market opens for its 14th season on Sunday October 3 at City Hall. Open from 8 a.m. to 1 p.m. on every Sunday (including Easter) through May 29, please check their website at http://www.BuyLocalLee.com for info on all their markets in SW FL and their required COVID-19 precautions.

Revised List of Temporary Restaurant Closings

As in past Septembers, several restaurants are taking time off, some for vacations, some for deep-cleans and annual maintenance. Here is an updated list as of this week:

  • Bleu Rendez-Vous Bistro – closed thru Sep 30, reopens Oct 1.
  • Blue Giraffe at Periwinkle Place – closed thru Sep 20, reopens Sep 21.
  • Blue Giraffe 2 at Beachview Estates – closed thru Sep 20, reopens Sep 21.
  • Island Pizza – closed thru Sep 29, reopens Sep 30.
  • Mad Hatter – closed thru Sep 30, reopens Oct 1.
  • Paper Fig Kitchen – closed thru Sep 13, reopens Sep 14.
  • Rosie’s Café & Grill – closed thru Sep 13, reopens Sep 14.
  • The Sandbar Steak & Seafood – closed thru Sep 29, reopens Sep 30.
  • Sweet Melissa’s Café – closed thru Sep 20, reopens Sep 21.
  • Traders – closed Sep 11 thru Oct 5, reopens Oct 6.
  • Traders 2 (T2) – closed thru Oct 4, reopens Oct 5.
  • Traditions on the Beach – closed thru Sep 23, reopens Sep 24.

Scoop from SCCF

Nature lovers, be sure and check the Sanibel-Captiva Conservation Foundation’s Wednesday reports for weekly updates. Here are a couple of tidbits from their report this week:

Nesting Turtles Update – SCCF sea turtle monitors last observed a new sea turtle nest on August 22, which turned out to be a rare green sea turtle nest. While this nest comes later than usual, green nests were documented at later dates in August in three previous years. Overall, while Hurricane Ida impacted 106 nests, 171 still are incubating on our beaches.

World Shorebirds Day – On September 7, SCCF staff and 10 volunteers divided into small groups to cover the East End of Sanibel for shorebird counts as part of World Shorebirds Day. A total of 1,532 individuals of 25 species of birds were counted. To see the detailed list of sightings, visit https://ebird.org/checklist/S94363237

SCCF Launches Weekly Water Conditions Update on Fridays – Have you checked out SCCF’s Weekly Water Conditions Update which can be emailed to you each Friday? (sign up at http://sccf.org/our-work/join-our-mailing-list). It provides a comprehensive understanding of the water quality surrounding the islands. A visual, virtual tour of the waters surrounding Sanibel Lighthouse Beach Park is included with a link to SCCF’s site https://aerialwq.sccf.org/lighthouse/virtualtour/ where beachgoers can see the water’s color and clarity. Also included in the e-newsletter are the status of flows from Lake Okeechobee, red tide and harmful algal blooms in the region, and a real-time look at water quality data throughout the Caloosahatchee estuary through SCCF”s River, Estuary, and Coastal Observing Network (RECON) monitoring system at eight sites (http://recon.sccf.org/).

Sanibel & Captiva Islands Multiple Listing Service Activity September 3-10, 2021

Sanibel

CONDOS

1 new listing: Sandalfoot #5B1 1/1 $769.5K.

No price changes.

2 new sales: Beach Road Villas #101 2/2 listed at $495K, Blind Pass #A102 2/2 listed at $630K.

4 closed sales: Sundial #I202 1/1 $532K, Sundial #J301 1/1 $610.5K, Sanibel Arms West #K3 2/2 $680K, Sanibel Moorings #512 2/2 $1.15M (our listing).

HOMES

3 new listings: 1245 Par View Dr 3.2.5 $1.575M, 2030 Sunrise Cir 3/3 $1.625M, 1278 Sand Castle Rd 4/3 $1.65M.

2 price changes: 535 Birdsong Pl 3/2 now $695,555; 727 Periwinkle Way 3/3 now $2.1M.

1 new sale: 720 Elinor Way 3/2 listed at $939.9K.

2 closed sales: 1360 Jamaica Dr 3/3 $1.349M, 812 Birdie View Pt 3/3.5 $1.55M.

LOTS

1 new listing: 5642/5648 Baltusrol Ct $738K

1 price change: 3308 Saint Kilda Rd now $595K.

No new sales.

1 closed sale: 255 Hurricane Ln $370K.

Captiva

CONDOS

1 new listing: Beach Villas #2638 3/2 $1.349M.

No price changes, new sales, or closed sales.

HOMES & LOTS

Nothing to report.

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

Stay well & be safe,

Susan Andrews, aka SanibelSusan

Market Outlook – Here, There, Everywhere

Another Friday and SanibelSusan here with another island real estate report. First a photo of what it looks like here on a sunny Sanibel afternoon.

This week, the Saharan dust covering much of Florida has kept rain away from the islands. There have been a few showers, but nothing like usual peak storm season. Driving across the causeway, the hazy view over the water reminded me of growing up on the Maine seashore and how it looked before morning fog burned off. Now, that dust is moving away from Florida, so weather likely will return to a more typical September weather-pattern with daytime temps expected to be in the low- to mid-80’s with chance of afternoon thunderstorms. Now through the weekend, we also may see some wind from Hurricane Ida passing out in the Gulf, no real concern for SW Florida though.

Florida Realtors® Annual Convention

I sure hated to miss this event in-person again this year, but thankfully with new Covid-protocols still was able to participate electronically. Florida Realtors 2021 Convention and Trade Expo is being held August 24-28 at the Rosen Shingle Creek in Orlando.

Yesterday, in between classes, was the Annual Awards luncheon. It was great to hear that some friends were acknowledged and rewarded: Congratulations to 2021 Realtor® of the Year – Florida Realtors® 2020 President Barry Grooms from Bradenton, 2021 Humanitarian of the Year – Steven David from Broward, Palm Beaches, and St Lucie Realtors®, and to our 2021 District 5 VP – Ursula Weinkauff from Bonita Springs. They all excelled in a challenging year as they have for many years.

Today, our local Sanibel & Captiva Islands Association of Realtors® Director of Education, Megan Rose, is sitting on the Florida Realtors® Audition Panel for the Professional Development Committee, evaluating candidates looking to teach state-approved classes. I sure enjoyed doing that for many years and know Megan will do a great job representing us. She will have a long tiring but fulfilling day. It is great process to ensure that Florida’s teachers are top-notch.

Tonight is the annual in-person Florida Realtors® 2021 PAC live auction. You-know-who has been bidding electronically all week on silent auction items. Tomorrow, the event wraps up with a Candidate Forum, Member Update, and the individual District meetings, followed by the Board of Directors Meeting.

At the Sanibel & Captiva Islands Association of Realtors®

There was no caravan meeting this week for the islands Association of Realtors®, but some real estate activity still was posted in the local Multiple Listing Service. The action follows a coupe of news items below.

At SanibelSusan Realty

Happily, The SanibelSusan Team has two closings before the end of the month, so Dave and I will be busy with those over the weekend and early next week. We both remarked this morning about how little traffic is on the island now. At quitting time last night, I went home the back way (west on Periwinkle to Tarpon Bay Rd north to Gulf Dr to the east end to Periwinkle) and didn’t pass a single car going in either direction until I got to just before the turn-off to my street. Even then, only saw one work truck heading off-island. Dave said it was little later when he left Lighthouse Beach, to head off island. He also didn’t see other vehicles. Where is everyone? September usually is the quietest month on the islands, appears that late-August is getting ready.

The Market Outlook – Nationally & More

Tuesday, I attended a Zoom presentation given at the National Association Leadership Summit in Chicago by NAR’s Chief Economist and Senior VP of Research, Lawrence Yun. As a long-time fan, it was interesting to hear his take on the pandemic, today’s housing shortage, and what he thinks the real estate future will bring.

He prefaced his speech saying that 99% of the country is experiencing a double-digit price change in their median priced home.

Then, he began with “when does this pandemic end?” He reiterated that though it has been over 100 years since the Spanish flu pandemic, through history pandemics have been a common phenomenon, a human experience. One that will not be done and over when this pandemic subsides. The Delta variant being a good example of that.

Looking at today’s statistics compared to recent history, one of his first slides showed that for the first time in decades, in the U.S., birth and death rates are equal. He referred to past forecasters who said that when the baby boomer generation starts dying out, U.S. population will decrease. That is looking to be true, though this data does not include those immigrating here and coming across borders illegally.

He then described how today’s housing shortage is a different kind from recent history when there were not enough actual homes for the housing demand. Today, rental prices are skyrocketing and expected to soar even higher. He gave examples where rental properties are getting multiple offers. Today, there is a historic shortage of rental vacancies, while the number of rental households is at an all-time high (mostly because those renters can’t compete with the offers from today’s buyers).

Existing homes sales (which traditionally are 90% of that market) are still above pre-pandemic levels, but not as frenzied as they were a few months ago. Newly-constructed-home sales (usually 10% of the market), now are just matching pre-pandemic levels.

Though interest rates still are historically low (less than 3%), mortgage applications from those looking to buy are below pre-pandemic levels. Why is this? It is because all-cash sales are elevated. Cash is king with cash sales ruling the market, essentially everywhere.

With most median home prices up over 20% in the last year, rental demand has gone up as most 1st-time buyers now are priced out of the market. Monthly mortgage payments are rising even at time when interest rates are at their lowest.

Though mortgage debt is at a record high, the record high property valuations should overwhelm any risk, so he says there is no worry of the market being over leveraged.

Comparing geographic areas, it was interesting to see where local market homeowner wealth gained over the last year. The highest equity gain was in the San Francisco Bay area where the average property increase was $160K. Unfortunately, this appreciation is not enjoyed across the population, as only 45% of San Francisco residents own. Like anywhere, homeownership rates vary across geographic areas, age groups, ethnicity, etc.

In comparing home occupant wealth, his slides showed how the average renter has a nest egg of only about $8K while the average property owner has $297K.

He made a point of mentioning of how the news media using old data does not help us understand the market – and how you cannot always believe what you hear. Particularly, considering the 2020 census numbers, that data does not reflect where people live and work today with so many fleeing cities to work in the suburbs or more preferred areas.

He had a slide showing the metro areas with the most net migration gains since the first of the year, and interestingly most of those are in vacation areas. For example, the places with the highest population increase year-to-date include Barnstable, MA (Cape Cod), Portland (ME), Myrtle Beach (SC), Asheville and Wilmington (NC), Huntsville (AL), Jacksonville (FL), and others. Another tidbit he mentioned was that Huntsville has the highest number of PhD’s in the nation. (Who knew?)

What will these vacation areas show for 2021? He said they all are experiencing a sizeable jump in sales, which is exactly what has happened here on Sanibel and Captiva.

What will the future bring? He said that housing demand should be compared to where people with jobs are doing their jobs.

As inflation increases the Fed will be forced sooner to make changes. When that happens, he expects that negative effects will occur from the Federal Reserve, who provides monetary policy, gradually increasing mortgage rates. He sees a tapering of purchases of mortgage-backed securities later this year, short-term rates rising next year, and an inevitable increase in G-fees to cover Congress’s infrastructure package. (A G-fee is the gurantee-fee to cover projected credit losses from borrower defaults over the life of loans, admin costs, and a return on capital.)

A positive effect will come from more first-time buyers qualifying for a mortgage as they have demonstrated financial capability from renting longer. (Big data also will help show their payment capability, with so many creating a financial trail through their use of Amazon Prime, Netflix, etc.)

Inflation already is popping out and is not going to go away. He predicts high inflation will continue. Already many of us are seeing price increases in used cars, gas, airfares, appliances, and the like.

The Government says rents are rising at 1.9% annually, but he provided info from national rental organizations showing that increases are more like 6, 7, and 8%, probably an indication that the Government also is under estimating inflation.

As the pandemic wanes, sales to foreign buyers and immigrants will pick up.

In the commercial arena, office space usage is shaky, particularly in downtown areas where many cities, like New York and Chicago, have high vacancies.

Industrial spaces, on the other hand, are booming. Retail spaces are coming back as buying improves, while apartment spaces also are coming back strong.

In his wrap-up, he likened the economy internationally to the winners of the Olympic gold medals, showing how through history those with the most medals were the most economically strong. We might have received the most medals in the Olympics this year, but China is a close second. Followed by Japan, before Great Britain. There is a message in that. Stay tuned.

Sanibel & Captiva Islands Multiple Listing Service Activity August 20-27, 2021

Sanibel

CONDOS

3 new listings: Blind Pass #A102 2/2 $630K, Sanibel Arms West #E3 2/2 $965K, Gulfside Place #210 2/2 $1.495M.

No price changes.

3 new sales: Sanibel Moorings #211 1/1 listed at $525K, Breakers West #C3 2/2 listed at $749K, Gulf Beach #207 2/2 listed at $1.1M.

3 closed sales: Sanibel Moorings #921 1/1 $435K, Sanibel Inn #3511 2/2 $695.1K, Kings Crown #102 2/2 $1.55M.

HOMES

1 new listing: 4771 Tradewinds Dr 3/3 $3.35M.

2 price changes: 1025 S. Yachtsman Dr 3/2 listed at $820K, 5747 Pine Tree Dr 3/3 $1.799M.

8 new sales: 837 Casa Ybel Rd 2/2 duplex listed at $599.9K, 5802 Sanibel-Captiva Rd 3/3.5 listed at $899K, 4760 Rue Helene 3/2 listed at $1.325M, 4954 Joewood Dr 3/2 listed at $1.599M, 5379 Shearwater Dr 4/3 listed at $2.149M, 2475 Tropical Way Ct 3/3.5 listed at $2.295M, 856 Limpet Dr 4/2.5 listed at $2.358M, 4014 West Gulf Dr 4/4 listed at $3.849M.

1 closed sale: 734 Anchor Dr 3/2 $1.55M.

LOTS

No new listings.

1 price change: 5642 Baltusrol Ct now $369K.

1 new sale: 1272 Par View Dr listed at $459K.

No closed sales.

Captiva

CONDOS

No new listings, price changes, or new sales.

2 closed sales: Tennis Villas #3127 1/1 $385K, Captiva Hide-a-Way #1D 2/2 $1.032M.

HOMES & LOTS

Nothing to report.

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

Until next Friday,

Susan Andrews, aka SanibelSusan

Beautiful Weather for Memorial Day Weekend 2021

SanibelSusan here reporting that all is well on the islands for the holiday weekend. Traffic on Periwinkle and the causeway was already picking up yesterday afternoon and has been steady most of today. More summerlike weather is expected for the immediate future, so plenty of weekend warriors may be arriving.

If you follow local news, this week there has been a lot of hype about red tide and blue-green algae. With the rainy season approaching those often are summertime concerns in SW Florida. But, if the water surrounding Sanibel today is any indication, there is none. I took the below photos this earlier this afternoon showing bayside surrounding waters – they are clear and a beautiful bright blue reminiscent of the Caribbean. Should be perfect for boaters and beachgoers here for the holiday holiday! We hope you enjoy your weekend too and remember those who served.

At SanibelSusan Realty

Here in the office teammate Elise has kept things running smoothly while teammate Dave is on vacay and I have struggled with a bad knee. Who knew that just getting up from a chair causes injury?  Anyway, I now have mastered using a walker, luckily can still drive, and should get an orthopedic plan of action next week. Teammate Lisa is in the office tomorrow.

Thank goodness we work like a well-oiled machine and much of it is over the internet. I put our last lot listing under contract Sunday, we had two nice closings this week, and both Elise and I have spoken with and visited owners thinking of selling.

Meanwhile, island inventory continues to diminish. Today on Sanibel, there are just 13 condos, 25 homes, and 15 lots for sale. Even fewer listings on Captiva, where seven condos, 11 homes, and just one lot are available.

You will see the week’s report of the action in the Sanibel & Captiva Islands Multiple Listing Service after a couple of news items below. There was not a lot of new listing activity this week.

Most remaining snowbirds are heading north this weekend, while the post-season crowd will be here for the holiday. Fingers crossed they are “nice” and appreciate the islands’ low-key laid-back eco-friendly ambience.

Use of ‘Escalation Clause’ Skyrockets in Hot Seller’s Market

With Florida real estate market hot, the below article posted this week by Joel Maxson, Florida Realtors® Associate General Counsel is especially appropriate. One of the offers that one of our listings recently received had an escalation clause and it was not the successful offer. Sometimes other terms are more important to a seller than the price.

“As escalation clauses become more popular during this hot seller’s market, buyers should consider the pros and cons of using them – as well as the broader legal context of their offer.

“ORLANDO, Fla. – During this white-hot seller’s market, many conversations on Florida Realtors® Legal Hotline involve multiple offer scenarios. Buyers are desperately seeking ways to try and make their offer stand out. One method that has rocketed in popularity is using an escalation clause.

“There are many variations of these clauses, but the one thing they have in common is that a buyer is willing to increase the purchase price above the amount in the initial offer. A simple version of an escalation clause may read something like this: “Buyer agrees to pay $____________ more than the next highest offer, not to exceed a final purchase price of $___________.”

“This is the core concept, at least. Most clauses will also include some combination of the following components, although this is by no means an exhaustive list. The clause can get increasingly more complex the more a buyer adds to the clause.

  • “The amount of money to add to the next highest offer (the escalation amount)
  • The maximum purchase price
  • Seller’s obligation to show the buyer a copy of the next highest offer used to calculate the final purchase price
  • Whether the financing amount will increase, or whether the buyer will pay cash to cover the escalation amount
  • How to handle a situation involving two or more competing escalation clauses
  • Whether the buyer or seller will be obligated to sign or initial further documents if the escalation clause is triggered
  • Whether the escalation is based on the purchase price or net proceeds to the seller (to account for costs and credits in a competing offer)

“The positive side of escalation clauses is that they may make a buyer’s offer stand out. It also invites a seller to take an easy path to finalize negotiation.

“Most of the confusion we hear about these clauses on Florida Realtors Legal Hotline centers around the fact that the buyer’s offer is just that – an offer. A seller who receives an offer can accept, reject, counter, or even ignore an offer.

“For example, can the seller send a brief message that instructs the buyer to submit a new, “highest and best” offer, with a fixed purchase price by a deadline? Yes – the seller is welcome to reject the buyer’s offer.

“What if the seller removes the escalation clause and counters the buyer’s offer right at buyer’s maximum price cap with no information about any other offers? Can the seller do that? Yes – the seller is welcome to counter buyer’s offer.

“Can the seller go with a different buyer’s offer (even a lower-priced one) and never inform the buyer with the escalation clause? Yes – the seller is welcome to ignore the buyer’s offer.

“As you can see, the crux of most buyer frustrations centers on the concept that the seller isn’t bound to follow the rules in the escalation clause unless the seller accepts the offer.

“Please note that there are additional angles to this issue – this brief article is simply designed to give an overview of the escalation clause itself. For example, although this article mentions a seller’s right to ignore an offer, a listing Realtor must comply with this Standard of Practice from NAR’s Code of Ethics: REALTORS®, in response to inquiries from buyers or cooperating brokers shall, with the sellers’ approval, disclose the existence of offers on the property. Where disclosure is authorized, REALTORS® shall also disclose, if asked, whether offers were obtained by the listing licensee, another licensee in the listing firm, or by a cooperating broker.”

Memorial Day Weekend Happenings

“Ding” Darling’s Summer Fun Virtual Auction is now through Monday, May 31, at https://DingFunAuction.givesmart.com . All proceeds benefit conservation efforts at the National Wildlife Refuge.

Sanibel’s last Farmer Market until fall wraps up Sunday, May 30, on the grounds of City Hall, 8 a.m. to 1 p.m. The market begins again on the first Sunday in October.

Also Sunday, May 30, American Legion is hosting a Backyard BBQ from noon until 8 p.m., 4249 San-Cap Rd at Mile Marker 3. Featuring burgers, brats & sides, with live music & fun.

Beachgoers, please be on the lookout for turtle and snowy plover nests. As of May 19, four active snowy plover nests have been recorded. If you see a nest that has not yet been roped off, contact shorebirds@sccf.org. Also as of May 19, SCCF already has counted and marked off 60 turtle nests on Sanibel, 25 on Captiva. That’s a lot for this early in the season. Please do not disturb any nests and if you are on the beach at night, only red/amber lights are allowed.

Sanibel & Captiva Islands Multiple Listing Service Activity May 21-28, 2021

Sanibel

CONDOS

No new listings or price changes.

6 new sales: Captains Walk #B2 1/1 listed at $299,999, Mariner Pointe #943 2/2.5 listed at $749K, Sunset South #11D 2/2 listed at $749K, Pointe Santo #D24 2/2 listed at $795K, Pelicans Roost #102 2/2 listed at $930K, Sanddollar #A102 3/2 listed at $1.395M.

13 closed sales: Sundial #I105 1/1 $405K, Mariner Pointe #731 2/2 $515K, Sandalfoot #3B3 1/1 $520K (our listing), Lighthouse Point #121 3/2 $591K, Sandalfoot #3C1 2/2 $630K, Loggerhead Cay #572 2/2 $670K, Sanibel Arms West #C4 2/2 $910K, Sunset South #4D 2/2 $997.5K, Tarpon Beach #109 2/2 $1.055M, Pointe Santo #C43 3/2 $1.075M (our listing), Compass Point #151 3/3 $1.495M, Atrium #102 3/2 $1.498M, Cyprina Beach #3 3/3 $1.749M.

HOMES

No new listings.

1 price change: 939 Beach Rd 3/2.5 now $1.55M.

6 new sales: 2011 Mitzi 2/1 listed at $650K, 1605 Sand Castle Rd 3/2.5 half-duplex listed at $699K, 429 Lake Murex Cir 3/2 listed at $749.5K, 770 Donax St 2/2 listed at $850K, 4516 Bowen Bayou Rd 3/2.5 listed at $979.9K, 5765 Baltusrol Ct 4/4.5 listed at $1.648M.

8 closed sales: 1657 Sabal Sands Rd 3/2 $767K, 3570 Bunny Ln 3/3 $869K, 1983 My Tern Ct 3/2.5 $1.02M, 557 N. Yachtsman Dr 4/3 $1.124M, 5403 Shearwater Dr 4/3 $1.599M, 2355 Wulfert Rd 3/3.5 $1.649M, 1680 Hibiscus Dr 3/3.5 $1.8M, 1044 Whisperwood Way 4/4.5 $1.94M.

LOTS

No new listings or price changes.

2 new sales: with contingencies: 1894 Farm Trl listed at $199K (our listing & our sale), 461 Sawgrass Pl listed at $699K.

No closed sales.

Captiva

CONDOS

1 new listing: Captiva Hide-a-Way #D 2/2 $1.075M.

1 price change: Lands End Village #1649 2/2 now $1.395M.

1 new sale: Beach Villas #2514 2/2 listed at $820K.

2 closed sales: Tennis Villas #3217 1/1 $355K, Ventura Captiva #4A 3/3 $1.1M.

HOMES

No new listings, price changes, or new sales.

2 closed sales: 1105 Tallow Tree Ct 3/3 $2.4M, 14980 Binder Dr 4/4 $2.475M.

LOTS

No new listings.

price change:

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.

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

Best wishes for a safe Memorial Day Weekend,

Susan Andrews, aka SanibelSusan

 

Wrapping up a Sunny Quiet Sanibel Friday

It has been another week of great weather, but rain is needed! Below is some news followed by the weekly action posted in the Sanibel & Captiva Islands Multiple Listing Service (MLS).

At SanibelSusan Realty

Here in the office, we are down to just one listing available and three under contract, with two closings next week. Inventory is sooo low. Realtors everywhere are looking for new listings. That includes us!

What Will Exurb Buyers Do if Called Back to the Office?

Posted May 12, 2021 on FloridaRealtors®: By Kerry Smith – “Pandemic-era buyers moved farther out and to new cities, assuming they’d never have to return to the office. Now, if forced to choose, 25% would pick home over their job.

“SANTA CLARA, Calif. – COVID-19 drove working professionals out of the office and sparked a surge in home buying in the less-expensive outskirts of cities and even in small towns across the U.S. But so far, only 48% of these workers have been told they can continue working remotely. An unknown number may soon be expected to commute to work if a return becomes mandatory, creating a conflict that pits their new house against their job.

“According to a realtor.com study, almost 60% of new homeowners who purchased within the last 12 months work from home – and 62% prefer to be. However, less than half have been told that they can continue to do so. About 25% of those surveyed have no definitive answer on whether they can remain fully remote indefinitely; another 25% already have plans to return.

““Throughout the last year we have seen homebuyers across the country, empowered by the newfound ability to work remotely, moving farther and farther from crowded urban downtowns in search of more space, a higher quality of life and a lower cost of living,” says George Ratiu, Sr. economist for Realtor.com. “Our survey data shows that people are really enjoying their new communities and larger homes, and aren’t willing to give them up anytime soon.”

“If companies start demanding that these workers return to the office, Ratiu says we “could see an influx of new homeowners in the job market. For companies willing to stay more flexible with either hybrid or entirely remote opportunities, there’s a large cohort of young professionals with growing families who … welcome the benefits of a technologically-enhanced employment landscape.”

“Job versus home – When asked what they will do if their employer decides they must return to the jobsite, 48% would try to arrange a flexible schedule that allows for some in-office work and some remote work – but almost 25% said they’d find a new job. Only 30% said they’d willingly return to the office if asked, and only 8% would sell their pandemic-era home to be closer to work.

“Going the distance – Despite the fact that 31% are less willing to commute farther for work, close to 40% would have to travel 30 minutes or more each way to the office if asked to return to the workplace, and 18% of new homeowners would have to commute more than 60-minutes each way – an unappealing prospect for many.

““As offices begin to reopen, those who are currently looking for a new home may have to start factoring commute time into their search. One way to find homes within your desired commute time is to use the Realtor.com commute time filter.,” says Lexie Holbert, home and living expert at Realtor.com.”

Sanibel & Captiva Islands Multiple Listing Service Activity May 14-21, 2021

Sanibel

CONDOS

1 new listing: Mariner Pointe #943 2/2.5 $749K.

No price changes.

5 new sales: Blind Pass #E104 2/2 listed at $549.9K, Sanibel Arms West #I2 2/2 listed at $599K, Heron at The Sanctuary #3A 2/2.5 listed at $839K, Sanddollar #C103 3/2 listed at $1.375M, Gulfside Place #320 2/2 listed at $1.389M.

6 closed sales: Sundial #H107 1/1 $450K; Blind Pass #D203 2/2 $459K; Kimball Lodge #302 1/1 $552,750; Sanibel Arms West #J5 2/2 $600K; Blind Pass #G104 3/2 $687.5K, Sundial #Q401 2/2 $908K.

HOMES

4 new listings: 4506 Bowen Bayou Rd 3/2 $839K, 4516 Bowen Bayou Rd 3/2.5 $979.9K, 5765 Baltusrol Ct 4/4.5 $1.648M, 1360 Eagle Run Dr 5/3.5 $2.695M.

3 price changes: 2011 Mitzi Ln 2/1 now $650K, 4619 Bowen Bayou Rd 3/2 now $848K, 1237 Isabel Dr 6/6.5 now $2.995M.

11 new sales: 5161 Sanibel-Captiva Rd 3/2 listed at $574K, 1649 Sand Castle Rd 3/2 half-duplex listed at $599.9K, 4505 Bowen Bayou Rd 3/3 listed at $729K, 555 Piedmont Rd 3/2 listed at $765K, 9408 Moonlight Dr 3/2 listed at $768.5K, 2548 Wulfert Rd 3/4 listed at $943K, 221 Robinwood Cir 3/2 listed at $999K, 5431 Shearwater Dr 3/3 listed at $1.148M, 1187 Sand Castle Rd 3/2 listed at $1.399M, 4701 Rue Belle Mer 4/5 listed at $3.395M, 1306 Seaspray Ln 4/4 listed at $4.245M.

13 closed sales: 1942 Roseate Ln 2/2 $500K; 1695 Serenity Ln 3/2 $619,830; 2441 Shop Rd 4/3.5 $920K; 5424 Shearwater Dr 3/2.5 $999K; 2563 Coconut Dr 2/2 $1.049M; 694 Heather Ln 3/3.5 $1.2534M; 1391 Jamaica Dr 4/3 $1.299M; 2303 Troon Ct 3/4 $1.3M; 5423 Shearwater Dr 3/3 $1.315M; 994 Whelk Dr 3/2 $1.325M; 4664 Rue Belle Mer 5/5 $1.62M; 775 Conch Ct 4/3 $1.75M; 4601 Rue Belle Mer 3/2 $2.9M.

LOTS

2 new listings: 2829 Wulfert Rd $349K, 3938 West Gulf Dr $899K.

1 price change: 255 Hurricane Ln now $399K.

2 new sales: 809 Pyrula Ave listed at $424.9K, 0 Rue Bayou listed at $649,555.

2 closed sales: 5687 Baltusrol Ct $385K, 539 Sea Oats Dr $385K.

Captiva

CONDOS

2 new listings: Lands End Village #1649 2/2 $1.349M, Lands End Village #1663 2/2 $1.395M.

No price changes or new sales.

2 closed sales: Tennis Villas # 3233 2/2 $520K, Gulf Beach Villas #2127 2/2 $885K.

HOMES

No new listings or price changes.

1 new sale: 11551 Paige Ct 5/5/2 listed at $6.495M.

2 closed sales: 42 Oster Ct 2/2.5 $1M, 11541 Laika Ln 4/4 $2.15M.

LOTS

No new listings.

1 price change: 16970 Captiva Dr now $4.25M.

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.

Enjoy your weekend!
Until next Friday, Susan Andrews, aka SanibelSusan

It’s Not Black Friday Here – Bright Blue Sky & Sunshine

Happy day after Thanksgiving! The SanibelSusan Team hopes you had a good holiday. It’s pretty quiet in our office today, though the roadways and bike paths are busy as it is bright and sunny with temperatures in the low 80’s.

As the holiday approached, island traffic picked up significantly. It was back to looking like “season”. The rare overcast foggy morning, like Monday, brought out shoppers and more traffic directors at the 4-way stops. All good, as island businesses need activity.

Though there was no local Association of Realtors Zoom Caravan meeting this week (next meeting is Dec 3), there was plenty of activity posted in the Sanibel & Captiva Multiple Listing Service (MLS). The week’s MLS postings follow a couple of news items.

First an updated island inventory summary. It is shaping up to be a good year with an unbelievable bounce-back from the early pandemic months. With only 79 Sanibel homes for sale and over 300 sold this year, it will be interesting to see what happens over the winter. Not quite as extreme is the situation with Sanibel condos. There are under 100 for sale and nearly 200 sold to date.

Inventory numbers like that usually indicate a sellers’ market, but the sales this year have been a tad slanted regarding what products are selling. More mid-range homes and more high-end residential-type condos have sold, likely pandemic-driven and related to occupancy and safety. In the winter when the islands are busiest usually is when there are the most sales. This year that could be tempered because of inventory.

Condos Homes Lots
# Avg Price $ # Avg Price $ # Avg Price $
SANIBEL
For sale 96 773,127 79 1,911,043 55 805,241
Under contract 46 794,145 47 1,406,424 9 412,495
Sold year-to-date 150 731,868 254 948,367 20 632,418
Sold 2019 127 694,392 211 949,790 15 372,200
Sold 2018 155 720,617 218 1,112,747 21 602,095
Sold 2017 140 728,793 186 1,004,236 32 327,228
CAPTIVA
For sale 28 1,432,571 29 4,486,999 2 6,472,500
Under contract 6 783,000 8 2,548,375 1 795,000
Sold year-to-date 39 825,706 22 2,905,545 3 3,150,000
Sold 2019 29 1,037,077 17 2,737,503 1 1,375,000
Sold 2018 27 797,532 25 2,127,352 0 N/A
Sold 2017 34 671,551 22 2,457,022 2 2,312,500

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.

Farmers Markets & Christmas Trees

Captiva Farmers Market reopened this week. Those are on Tuesdays through April 27 from 9 a.m. to 1 p.m. at 5400 Plantation Rd at the entrance of South Seas Resort.

Sanibel Farmers Market reopened a few weeks ago. It is Sundays through May 30 from 8 a.m. to 1 p.m. at Sanibel City Hall, 800 Dunlop Rd. Local Roots also runs six other markets in SW Florida. More info about their start dates, hours of operation, and locations is on their website at www.LocalRoots.com.

Sanibel-Captiva Lions Christmas Tree Sale – begins tomorrow, Nov 28. All proceeds benefit local charities. Located next to Island Cinema in the Bailey’s Shopping Center, they offer fresh Michigan Fraser firs from 5 to 10’ plus wreaths and stands. Open 10 a.m. to 4 p.m. Wednesdays through Sunday, with island delivery and set-up available. On-line ordering also beings Nov 28 at www.SanCapLions.com.

City of Sanibel – COVID-19

On Tuesday, Acting Mayor Denham extended the island declared state of emergency due to COVID-19. Now it goes until December 1, 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 through the period.

From Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 is 84. Cases are rapidly increasing here. NINE more cases in the last week.

Weeks-ending 3/29 through 5/31 – 2 months = 11 cases

Weeks-ending 6/7 through 8/30 – 2 months = 30 cases

Weeks-ending 9/6 through 11/1 – 2 months = 22 cases

Weeks-ending 11/8 through 11/22 – 3 WEEKS = 21 cases (that is seven more cases than last week)

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

U.S. Borders with Canada, Mexico Remain Closed Through Dec. 21

Posted Wed on FloridaRealtors®: “Don’t get hopes up for cross-border holiday travel. With the pandemic apparently escalating, the borders aren’t expected to open anytime soon.

“McLEAN, Va. – If you were hoping that the United States’ borders would reopen for holiday travel, don’t get your hopes up. The land borders with Canada and Mexico will remain closed through Dec. 21, Chad Wolf, acting secretary of the U.S. Department of Homeland Security announced on Thursday.

““In order to continue to prevent the spread of COVID, the U.S., Mexico, & Canada will extend the restrictions on non-essential travel through Dec. 21,” he wrote on Twitter. “We are working closely with Mexico & Canada to keep essential trade & travel open while also protecting our citizens from the virus.

“Canada’s Minister of Public Safety and Emergency Preparedness Bill Blair, wrote on Twitter that border-closure decisions “will continue to be based on the best public health advice available to keep Canadians safe.” Though these travel restrictions have been extended in monthly increments throughout the course of the COVID-19 pandemic, the borders are not expected to open anytime soon. The U.S. has the most COVID-19 cases of any country with more than 11 million, while Mexico and Canada have more than 1 million and 300,000, respectively.

““The pandemic seems to be escalating in both of our countries. That would seem to suggest that these measures are with us for a while,” Canadian ambassador to the U.S. Kirsten Hillman said Tuesday, according to Oregon Public Broadcasting.

“Both U.S. land borders were closed to all but essential traffic in mid-March after the coronavirus pandemic hit, with government officials announcing multiple extensions as case counts continued to rise, especially in the U.S. The previous extension, announced in mid-October, was due to expire Nov. 21. Despite the closure of land borders, U.S. citizens can still travel by air.

“Canada has begun allowing extended family members who live in the U.S. to seek an exemption allowing them to travel north amid these restrictions, provided they follow that country’s COVID-19 requirements. Lawmakers have called on President Trump to do the same on the U.S. side.”

Copyright © 2020, USATODAY.com, USA TODAY, Jenna Ryu; contributing, Jayme Deerwester and David Oliver. All rights reserved.

County Commissioners Approve Toll Transponder Agreement

From this week’s “Island Reporter”, “On Nov 17, the Lee County Board of County Commissioners voted to approve an agreement to allow motorists to use E-ZPass transponders – widely used along the East Coast and beyond – to drive on Lee County toll roads.

“The E-ZPass toll network includes 18 states throughout the Northeast and Midwest. The agreement would allow people who already have those transponders to use them on Lee County toll bridges….

“The agreement that allows the use of E-ZPass in Lee County is with the Central Florida Expressway, which joined the E-ZPass group in 2018. The Central Florida Expressway would process transactions with no transaction fee charged to the County.

“The transponders will be accepted locally starting early next year. Local motorists can continue to use LeeWay and SunPass transponders. For more information about Lee County toll programs, visit www.leewayinfo.com.”

The Double-Edged Housing Boom

Another good article by Lawrence Yun, NAR’s Chief Economist, in the November-December 2020 “REALTOR®” magazine:

“Eye-popping home sales and prices pose longer-term problems.

“Remarkably, in the midst of the pandemic, the housing market is in a clear V-shaped recovery. Sales for both existing and new home sales in August hit their highest mark since 2006. The data popped out as round numbers: existing-home sales at an even 6 million and new-home sales at exactly 1 million on an annualized basis, up 10.5% and 43.2% from a year ago. Pending contracts also hit an all-time high.

“Buyer activity this winter is unlikely to chill: Mortgage applications for home purchases are up about 30% compared to a year ago. Due to the extraordinary demand home prices have reached an all-time high. The national median home price was … up 11.4% from a year earlier. The strong price run-up is partly due to a latent boom in the luxury market and to a jump in multiple offers for starter homes. While those situations result in multiple “losers”, buyers are persevering. They aim to take advantage of record-low mortgage rates.

“Such a frenzy of activity, reminiscent of 2006 raises questions about a bubble and the potential for a painful crash. The answer: There’s no comparison. Back in 2006, dubious adjustable-rate mortgages taxed many buyers’ budgets. Today, buyers are taking out 30-year fixed-rate mortgages. Fourteen years ago, there were 3.8 million homes listed for sale, and home builders were putting up about 2 million new units. Now, inventory is only about 1.5 million homes, and home builders are underproducing relative to historical averages.

“But let’s look at current trends through a different lens. Escalating home prices will soon cause damage of a different sort, shutting out first-time buyers. That’s why more supply is critical. Only when home prices rise roughly in line with income growth can we say that the market is in equilibrium. Perhaps as people continue to flee crowded cities, new construction will get a boost. Greater flexibility to work from anywhere and improved broadband access in rural areas could spur home buying in remote areas, a market trend to watch for in the years ahead.”

Sanibel & Captiva Islands Multiple Listing Service Activity November 20-27, 2020

Sanibel

CONDOS

6 new listings: Sanibel Moorings #441 2/2 $585K, Cottage Colony West #125 1/1 $609K, Cottage Colony West #119 1/1 $619K, Heron at The Sanctuary II #2A 3/2.5 $869.5K, Sanibel Arms West #E4 2/2 $889K, Sanibel Arms West #D2 2/2 $960K.

4 price changes: Spanish Cay #A4 2/2 now $430K, Loggerhead Cay #373 2/2 now $662.5K, White Sands #23 2/2 now $1.099M (our listing, yellow arrow, followed by view), Sundial #L205 3/2 now $1.395M.

4 new sales: Captains Walk #B4 2/2 listed at $395K, Seawind #A108 2/2.5 listed at $527K, Sanctuary Golf Villages I #4-1 3/3 listed at $899K, Sundial #O405 2/2 listed at $1.25M.

6 closed sales: Sanibel Arms #D7 1/1 $315K, Mariner Pointe #952 1/1 $350K, Sandpebble #2B 2/2 $457K, Seawind #A103 2/2.5 $565K, Island Beach Club #320C 2/2 $829K, Plantation Village #322 3/3 $2.275M.

HOMES

6 new listings: 2985 Island Inn Rd 2/2 $649.5K, 1850 Farm Trl 3/2 $699K, 2464 Blind Pass Ct 3/2 $1.295M, 1366 Tahiti Dr 3/2.5 $1.4M, 4166 Dingman Dr 4/4 $2.2M, 950 Victoria Way 4/4 $2.3M.

2 price changes: 9277 Belding Dr 3/3 now $850K, 1672 Hibiscus Dr 3/2 now $899K.

6 new sales: 6141 Henderson Rd 3/2 listed at $658.5K, 3251 Twin Lakes Ln 3/2 listed at $819K, 3020 Turtle Gait Ln 3/2 listed at $849K, 6176 Henderson Rd 3/2 listed at $998K, 509 Lake Murex Cir 3/2.5 listed at $1.225M, 4381 West Gulf Dr 5/5.5 listed at $11.5M.

4 closed sales: 9248 Dimmick Dr 3/3 $675K, 1304 Par View Dr 3/3 $730K, 549 East Rocks Dr 3/2.5 $1.085M, 1520 Angel Dr 5/5.5 $1.4M.

LOTS

2 new listings: 6428 Pine Ave $305K, 1825 Long Point Ln $389K.

No price changes.

1 new sale: 3013 Poinciana Cir listed at $239.9K.

2 closed sales: 1048 Fish Crow Rd $323K, 4995 Joewood Dr $2.38M.

Captiva

CONDOS

No new listings, price changes or new sales.

3 closed sales: Bayside Villas #5218 1/2 $387.5K, Beach Villas #2522 1/1 $529K, Lands End Village #1608 3/3 $2.025M.

HOMES

2 new listings: 11431 Dickey Ln 3/2 $1.258M, 11551 Paige Ct 5/6 $6.495M.

No price changes.

2 new sales: 11523 Andy Rosse Ln 5/5.5 listed at $2.189M, 11555 Wightman Ln 3/2 listed at $3.695M.

No closed sales.

LOTS

No new listings, price changes, or new sales.

1 closed sale: 925 South Seas Plantation Rd $5.6M.

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

The Friday Before Thanksgiving 2020… on Sanibel & Captiva Islands

The island continues to get busier as early Thanksgiving holiday vacationers/families arrive, and more snowbirds return. The weather this week finally took a long-awaited turn toward fall with lower humidity and daytime temperatures barely out of the 70’s on Wednesday. With little to no chance of rain, it also looks like the rainy season also finally is over. The forecast for the next ten days shows more of the same beautiful weather. Should be perfect for extended social distancing and outside holiday dining next week.

Many friends have returned to Sanibel for the holiday and shared photos taken this week. The below roseate spoonbill shots were taken Monday, Nov 16 at the wildlife refuge. Thank you, Dr Paul & Lynn.

 

While the next photo from our pal Scott was taken from Woodring Rd. Thanks for sharing!

At SanibelSusan Realty Associates

It also was another week of good action with our listings. With eight closings already in the hopper, all expected to close before the end of the year, we were happy to get another listing under contract yesterday. It should be our first closing in 2021. This has kept Dave busy following up on deposits, community applications, attending inspections, and ensuring sale action items are on time. Simultaneously, Elise has fielded more weekday showing requests and feedback, while Lisa and I cover those on the weekend. We are beating the bushes for new listings, if you know anyone thinking of selling.

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

City of Sanibel – Politics, COVID-19, & More

Like much of the nation, islanders anxiously follow COVID updates and hope that SW Florida stays safe. This week Sanibel former-Mayor Kevin Ruane, who stepped down when he ran for a Lee County Commissioner seat, was officially sworn in as our County Commissioner for District 1. On Tuesday, his colleagues on the commission also elected him as their board chairman for next year. On Sanibel, that bumped Vice Mayor Mick Denham into the Acting Mayor position.

On Tuesday, Acting Mayor Denham extended the island declared state of emergency due to COVID-19. Now it goes until November 24, 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 through the period.

From Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 is 77. Cases are rapidly increasing here. NINE more cases in the last week.

Weeks-ending 3/29 through 5/31 – 2 months = 11 cases

Weeks-ending 6/7 through 8/30 – 2 months = 30 cases

Weeks-ending 9/6 through 11/1 – 2 months = 22 cases

Weeks-ending 11/8 through 11/15 – 2 WEEKS = 14 cases (that is nine more cases than last week)

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

Work Space, Outdoor Living, & The Burbs

A good article in the new FloridaRealtor® magazine (Nov/Dec 2020) summaries what is happening on Sanibel too, “as the pandemic changes what homebuyers are looking for…”

“With schools closed and businesses shuttered, many people found their entire lives confined to the four walls of their homes. From working and homeschooling to eating and entertaining, daily life started and ended at home, causing many people to recognize the importance of a comfortable, practical place to live.

“As more companies realize that working from home is a viable option and many schools are on a virtual or a hybrid leaning schedule, these shifts seem to be more than a passing fancy….”

Below are the four trends that followed:

“Trend 1 – More indoor space for remote working and family members. What buyers want: Home office, home gym, well-appointed kitchen, walk-in pantry….

“Trend 2 – Increased consumer appetite for more outdoor and entertainment space. What buyers want: Private and spacious outdoor area, pool, backyard, patio….

“Trend 3 – Move from urban to suburban. What buyers want: Less densely populated location, single-family living….

“Trend 4 – More tech-enabled homes. What buyers want: High-speed WiFi connectivity, tech improvements/upgrades….

The article ends with a note from John “Chuck” Fowke, Tampa-based custom home builder and chairman of the board of the National Association of Home Builders, Washington, D.C.: “About 88% of our buyers indicated their home has become very important or more important because of the pandemic. There’s a trend of people thinking that, because they’re in the suburbs and not in congested areas, the health opportunities are much better. Emphasize the outdoor recreation and freedom of movement outside rather than being inside or in small spaces.””

8 Do’s & Don’ts of Owning a Vacation Rental

Also from the Nov/Dec 2020 issue of “FloridaRealtor®” magazine: “Are you considering a vacation home purchase that will produce valuable rental income when you’re not using the property? If so, check out these dos and don’ts to get the most out of your financial investment.

“DO: Create a financial plan. This will help you predict the potential revenue and expense of owning a rental property.

“DO: Work with a knowledgeable Realtor® when buying. A good agent can help you find a property in a good location with the best rental potential.

“DO: Get to know your property. Carefully check all parts of the property and repair and replace items that need it.”

“DO: Choose a property manager carefully. Check their reputation in the area, then ask how they’ll: Maintain the property so it stays in good condition, communicate with you and maximize your revenue.

“DON’T: Ignore preventive maintenance. It’s better to fix or replace that aging hot water heater or HVAC system now than have it break during a renter’s stay.

“DO: Be strategic about using the property yourself. If your goal is to maximize rental income, stick to planning your stay during the off season.

“DO: Plan to reinvest in the property. Figure you may have to spend 1% of the property value each year on maintenance.

“DO: Be realistic about pricing. Research area rental rates and don’t overprice. Your ultimate goal is to make a reasonable profit and that will require a high occupancy rate.”

Sanibel & Captiva Islands Multiple Listing Service Activity November 13-20, 2020

Sanibel

CONDOS

3 new listings: Spanish Cay #A4 2/2 $450K, Sanibel Arms West #J3 2/2 $589K, Sundial #L205 3/2 $1.495M.

5 price changes: Sanibel Arms #C7 1/1 now $349K, Blanca #8 2/1 now $365K, Sanibel Arms #H6 1/1 now $384.9K, Sundial #F108 1/1 now $450K, Sanibel Inn #3512 2/2 now $726K.

6 new sales: Breakers West #B5 2/2 listed at $569K; Compass Point #221 2/2 listed at $639,999; Sanctuary Golf Villages I #1-4 3/3 listed at $799K; Sundial #T201 2/2 listed at $799K;  Pointe Santo #D47 2/2 listed at $974K; Junonia #103 3/2 listed at $1.295M.

10 closed sales: Sundial #I405 1/1 $405K, Sundial #D308 1/1 $414K, Mariner Pointe #813 2/2 $525K, Loggerhead Cay #573 2/2 $657.5K, Lighthouse Point #229 3/2 $712K (our listing), Sunset South #14B 2/2 $920K, Blind Pass #G105 4/3 $950K, Blue Gulf #201 3/2 $1.135M, Sunward #201 3/2 $1.2M, High Tide #B302 3/2 $2.08M.

View from Lighthouse Point #229, sold full price!

HOMES

4 new listings: 1027 Sand Castle Rd 2/2 $499K, 9254 Kincaid Ct 2/2.5 $499.9K, 490 Sawgrass Pl 3/2.5 $1.595M, 4961 Joewood Dr 4/4 5.2M.

4 price changes: 1684 Bunting Ln 2/2 now $514,555; 721 Durion Ct 3/3 now $649.9K; 6141 Henderson Rd 3/2 now $658.5K; 1743 Jewel Box Dr 3/3.5 now $1.35M.

9 new sales: 1357 Jamaica Dr 2/3 duplex listed at $559K, 1142 Shell Basket Ln 3/2 listed at $625K, 1015 Fish Crow Rd 3/2 listed at $649K (our listing), 482 Lake Murex Cir 3/2 listed at $789K, 660 Oliva St 3/3 listed at $829K, 769 Pyrula Ave 3/3.5 listed at $1.395M, 677 Anchor Dr 5/5.5 listed at $1.895M, 2268 Wulfert Rd 4/5.5 listed at $1.995M, 4067 West Gulf Dr 4/4.5 listed at $5.9M.

1015 Fish Crow Rd

8 closed sales: 1410 Sand Castle Rd 2/2 $612,408; 9128 Mockingbird Dr 3/2 $635K; 9307 Dimmick Dr 3/2 $680K; 1326 Tahiti Dr 2/2 $700K; 525 N. Yachtsman Dr 3/2 $775K; 917 Lindgren Blvd 3/2 $850K; 770 Elinor Way 3/2.5 $895K, 2343 Wulfert Rd 4/4.5 $1.39M.

LOTS

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

No price changes.

1 new sale: 5116 Sea Bell Rd listed at $229K.

1 closed sale: 2297 Wulfert Rd $179K.

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Bayside Villas #5136 1/2 $380K.

HOMES

No new listings.

1 price change: 16447 Captiva Dr 7/6/2 now $2.79M.

No new sales.

1 close sale: 15147 Captiva Dr 6/5.5 $2.85M.

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”.

Best wishes from The SanibelSusan Team for a safe and happy Thanksgiving.

Susan Andrews, aka SanibelSusan

Sanibel & Captiva Scoop – Columbus Day Weekend

SanibelSusan here reporting another day of beautiful weather on Sanibel. The islands continue to slowly reopen, as sea turtle nesting and rainy season finish up for the year. News on both is positive.

A few days ago, SCCF posted on their Facebook page that “Sea turtle season is really winding down on the islands. Currently, we are monitoring 12 nests, a substantial difference from the record number of 669 nests on Sanibel and 268 nests on Captiva earlier this season. So far, a total of 33,267 hatchlings have made it to sea.”

Water quality was an agenda item at Tuesday’s Sanibel City Council meeting. Acting Director of Natural Resources, Holly Millbrand reported that although Lake Okeechobee water level is up and there has been some increase in water releases, there are no signs of any negative effects here, no red tide or blue green algae. “I’m pleased that the corps has been willing to take a more cautious approach,” she said, referring to the U.S. Army Corps of Engineers that determines when and how much water to release from the lake. “We encourage the corps to weigh all the factors…,” she said, adding that there is not so much concern from the corps of potential dyke failure even though the level is high.

Though that is all good news for returning snowbirds and the additional vacationers expected over the holiday weekend, many have been carefully watching the weather and the track of Hurricane Delta. All clear here today with that tropical weather pattern resulting in some lower humidity this week. The forecast says next week it will be in the mid to high 80’s with the usual chance of afternoon and evening thunderstorms. That usually equates to nice beach weather during the day, followed by a spectacular sunset. There have been some beauties lately.

Sanibel & Captiva Islands Association of Realtors®

Still closed for group meetings, the islands Association of Realtors® has revised plans for a couple of their annual events. Our end-of-season golf outing, party, and auction to benefit RPAC which were postponed from May until this month is revised again with a 2-day auction coming up next week (October 12-14) followed by an hour-long Zoom party.

Through the years, our RPAC dollars have worked on many ownership issues affecting islanders. As an example, last week, a bill that funded the federal government through December 11 was signed into law. That bill includes a full-year extension of the National Flood Insurance Program (NFIP) and surface transportation funding. Under the agreement, NFIP authority is extended through September 30, 2021. This is the second year in a row for a full fiscal year extension for flood insurance. While Realtors® continue to work toward comprehensive insurance reform and long-term reauthorization, the marketplace needs stability and continuity. In the continuing resolution is a similar extension of surface transportation funding. Transportation projects take years from concept to completion, and any lapse in funding is especially disruptive. This is a win for those looking toward a post-coronavirus market.

Here is another unusual twist because of COVID-19. For our local RPAC auction, SanibelSusan often donates a Maine Lobster Bake which is a dinner kit that comes from The Lobster Net in Brewer, ME. Included are not only jumbo fresh lobsters and a large pot for cooking them, but also all of the other ingredients, supplies, and instructions needed for a complete party-style meal, from appetizers to desserts. For years, the donation has sold for far more than the actual value. Imagine my surprise when I checked their website this year and found this message “Due to pandemic, live lobsters 2.0 – 4.0 lbs. are temporarily next to impossible to find.” So, this year’s donation is a little different.

The Association Annual Meeting and election of officers will be by electronic voting in early November. No word yet on when group in-person committee and Caravan meetings will resume.

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

City of Sanibel

Again, this week, Sanibel Mayor Ruane extended the declared state of emergency due to COVID-19 until October 13, 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, this week, 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 54.

Other Upcoming Events & Openings/Reopenings

The Sanibel Sprout Juice Bar & Vegan Café – reopened this week in their new just-remodeled location in Islander Center, 2407 Periwinkle Way, (former location of Totally Baked).

The Island Store (Captiva) – at the corner of Andy Rosse Lane & Captiva Drive, reopened this week after a nearly year-long renovation. Operated by Bailey’s General Store, it is open daily Sunday through Thursday from 8 a.m. to 6 p.m. Friday and Saturday from 8 a.m. to 8 p.m.

Sanibel Historical Village – reopening October 20 with safety protocols. Will be open Tuesdays through Saturdays from 10 a.m. to 4 p.m. All visitors, volunteers, and staff will be required to wear a mask and observe social distancing. Guided tours are suspended until January. However, visitors may make appointments for guided tours with 48-hour advance notice (for minimum of six, no more than ten guests). For self-tours, there are audio buttons in each building and brochures. Annual gala fundraiser canceled, but several Twilight Talks are in the planning stages. Events will be posted on museum website, http://www.SanibelMuseum.com.

Bailey-Matthews National Shell Museum “Mollusk Monster Mash” – October 27 at Traders. The Shell Museum’s kick-off fundraising event for the season will have a few new twists. Tickets include a gourmet meal served with wine either at the restaurant or with a takeout option delivered to your car. With socially-distance seating inside and out, reservations are needed. Call 239-395-2233 for more info.

SCCF’s “Wines in the Wild 2020” – November 13 – This year the event will not be at the Bailey Homestead, but at your homeINstead with SCCF providing the ingredients for a fun evening. The portable party “to go” will be available for touchless drive-by pickup at the Bailey Homestead on November 13. Included are a bottle of white and red wine; food by chefs from Cielo, Catering by Leslie Adams, Spoondrift, and Sweet Melissa’s Café; a centerpiece designed by the Native Landscapes & Garden Center; a link to a specially curated Wines in the Wild music playlist; & a yummy dessert, & surprises too. Contact SCCF by November 6 to reserve your box.

Sanibel & Captiva Islands Multiple Listing Service Activity October 2-9, 2020

Sanibel

CONDOS

4 new listings: Spanish Cay #F6 1/1 $293K, Breakers West #B5 2/2 $569K, Loggerhead Cay #462 2/2 $579K, Sanibel Sunset #201 3/2 $2.195M.

3 price changes: Cottage Colony West #101 1/1 now $585K, Sanibel Inn #3514 2/2 now $699K, Sanibel Surfside #124 2/2 now $1.025M.

3 new sales: Sundial #D204 1/1 listed at $450K, Island Beach Club #320C 2/2 listed at $829K, Sanibel Surfside #123 2/2 listed at $935K.

3 closed sales: Blind Pass #E205 2/2.5 $380K, Sandpebble #4E 2/2 $460K, Sunset South #11A 2/2 $537K.

HOMES

7 new listings: 1603 Sand Castle Rd 3/3 half-duplex $580K, 3926 Coquina Dr 3/2 $769K, 640 Periwinkle Way 3/2 $825K, 966 Kings Crown Dr 3/2 $1.06M, 1152 Buttonwood Ln 3/3.5 $1.695M, 677 Anchor Dr 5/5.5 $1.895M, 418 Bella Vista Way E 4/4 $1,995,900.

3 price changes: 9426 Sage Ct 3/3 now $1.059M, 201 Violet Dr 3/2 now $1.1M, 1761 Venus Dr 4/4 now $2.195M.

5 new sales: 4044 Coquina Dr 2/2 listed at $499K, 1223 Par View Dr 3/2 listed at $725K, 1326 Tahiti Dr 2/2 listed at $775K, 4345 Gulf Pines Dr 4/4 listed at $855K; 1352 Eagle Run Dr 3/2.5 listed at $1.095M.

4 closed sales: 1954 Roseate Ln 3/2 $520K, 4339 Gulf Pines Dr 3/2 $620K, 2439 Harbour Ln 3/3 $950K, 1175 Bird Ln 4/3/2 $3M.

LOTS

No new listings or price changes.

1 new sale: 2486 Wulfert Rd listed at $129K

2 closed sales: 978 Main St $162,450; 4334 West Gulf Dr $900K.

Captiva

CONDOS

1 new listing: Beach Homes #6 3/3 $2.998M.

3 price changes: Gulf Beach Villas #2112 1/1 now $492.5K, Captiva Shores #1B 3/2.5 now $1.799M, Lands End Village #1608 3/3 now $2.085M.

2 new sales: Gulf Beach Villas #2005 2/2 listed at $755K, Captiva Hide-A-Way #2A 2/2 listed at $900K.

2 closed sales: Beach Villas #2418 2/2 $765K, Beach Homes #30 4/4.5 $3.15M.

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”.

Enjoy your weekend! Susan Andrews, aka SanibelSusan

October = Good Time to Buy for a Sunny Winter!

 

A reminder of how just beyond the Clam Bayou bridge is some of the best shelling in the world. Our condo listing at Blind Pass #E101 is just steps from the beach path.

This week’s real estate activity in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

Sanibel Farmers Market Back for 13th Season with Changes

With new safety guidelines, the Sanibel Farmers Market will return this weekend (October 4) and be open on Sundays through May 2021 from 8 a.m. to 1 p.m. at Sanibel City Hall. Market parking is in the lots at City Hall, the Library, BIG ARTS and Schoolhouse Theater. Handicap parking and bicycle parking are in designated areas at City Hall.

Organized by Local Roots which is co-owned by island residents Jean Baer and Betsy Ventura, the weekly market will feature a mix of vendors and products, plus crafters. With the ongoing pandemic, Local Roots has implemented several new protocols to keep the community/shoppers safe and vendors following CDC guidelines.

Most importantly, everyone (market visitors and vendors) will be required to wear a mask. Every vendor will have hand sanitizer, and it will be available upon entering and exiting the site. While the market in the past has served as a sort of gathering place for the community, this season, a “grab and go” format will be promoted to prevent lingering and gatherings. You are asked to “only touch if you are buying.” New signs will remind visitors of the mask requirement, to social distance, wash their hands. In spread vendors out, their number has been reduced and will be adjust as needed.

Shoppers will be able to stock up on fresh produce, seafood, breads and pastries, smoothies, BBQ, plants/flowers, and more. New vendors include: Swell Snacks with dried fruits, Chef Mazotta with frozen prepared meals and crab cakes, Daily Delice with French specialties, Uhmaze with fresh-pressed juices, Twila Mae Chicken Salad, Traveling Salad Bar, Sinless Sweets, Dream Earth Bowls, and Fresh Catch with seafood, pot pies, stuffed chicken breasts, beef, and pork. Returning favorites include: Island Seafood, Andre’s French Bakery, Pete’s Fresh Mozzarella, Venus Veggies Organic Farm, Dynasty Guacamole, Cherie’s Sweet Treats, and Ernesto & Luigi Sauces. There also will be five craft vendors each week – four permanent ones and one rotating artisan.

A different local nonprofit also will be provided a space every week, including the local PTA and Boy Scouts. Again, this year, Local Roots is partnering with F.I.S.H. of Sanibel-Captiva to help fill its pantry shelves with a program where market visitors may bring food donations or donate funds to buy items.

The market does not allow dogs, only service animals are permitted. The market also is free of plastic straws and plastic bags. Shoppers are encouraged to bring their own bag and swing by – and grab their items “to go”. More info online at www.BuyLocalLee.com.

Other Upcoming Events

Classic Car Show Tomorrow – The San Cap Motor Club Cruise-ins are resuming for season, with the kickoff tomorrow, October 3 from 9 to 11 a.m. at Periwinkle Place shopping center. Masks are required. Donuts from Bailey’s General Store will be available along with complimentary coffee. All are welcome to bring their classic cars. No pre-registration is necessary.

39th Taste of the Islands – Renamed “Taste of the Islands Reimagined” – This year the event which is an annual C.R.O.W. fundraiser will move into island restaurants and last through the month of November. All month, each participating restaurant will offer their “Taste” items to showcase their cuisine. A portion of the proceeds from those food and beverage sales will be donated to C.R.O.W. Additionally, every Sunday, a different “C.R.O.W. Crawl” will feature different restaurants for patrons to visit. The C.R.O.W. tent with Animal Ambassadors will be at these events. In lieu of admission, participants will purchase a “Taste Passport” with a list and map of the participating restaurants. To track their progress, each restaurant will stamp/punch the passport when a patron visits them. Only passport holders will be eligible to vote for their favorite restaurant to win the coveted “People’s Choice Award”. Passport holders also will be entered into a drawing for prizes, including vacation stays and gift certificates. Passports will be available at C.R.O.W. and the participating restaurants, or on-line at “will calls” both on and off Sanibel.

Luminary 2020 – The Sanibel & Captiva Chamber of Commerce has extended Luminary 2020 from seven hours to seven days for the “Coastal Distance Edition” on December 4-11. Instead of just single night events, this year, it will take place from Friday through Friday during normal operating hours when businesses will offer special discounts and deals. Retailers, restaurants, accommodations, personal services, attractions, recreational activities, and other local operations are invited to participate. The Chamber will create a dedicated landing Webpage for showcasing the week’s offers. With the tagline, “Eat, Shop, Stay, Play” like traditional Luminary celebrations, it promotes commerce on Sanibel and Captiva. Unlike past Luminaries, however, this year there will be no luminary light bags, alcohol (except where licensed), and no entertainment, events, or activities that might attract a crowd.

City of Sanibel

Again, this week, Sanibel Mayor Ruane extended the declared state of emergency due to COVID-19 until October 6, 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 50.

Home Buying & Selling During COVID-19

From FloridaRealtor® magazine October 2020: “As work, play and education turn to virtual environments, a new survey by Realogy indicates that Americans ages 50 and older want comfort, virtual tours and home inspections….  Additional findings from the consumer survey reveal a generational divide between those under the age of 50 and those 50+. Older Americans prioritize different things in the home, indicate different moving location preferences and have different plans for how they would use additional monetary funds.

Virtual Tours & Inspections May Ease Home Buying Decision Making – Over half of Americans say they would be comfortable putting their home on the market for sale virtually and more than a quarter of the 50+ population are comfortable buying a home having seen it only virtually and not in person. Among Americans who are uncomfortable or only somewhat comfortable buying a home virtually, a majority say virtual tours of the home, virtual home inspections and detailed neighborhood information and high-quality photos would ease their decision to buy a home virtually.

“Americans 50+ Prioritize the Home Differently Amidst COVID-19 – Comfort and convenience reign supreme: Americans 50+ are more likely than Americans under 50 to say top priority features include: laundry in the home, a patio/deck, accessibility and convenience, and an open layout. Most Americans of all ages say a yard or access to outdoor space is priority….

“Dreams of Urban Living Shift to the Suburbs – Among those who currently live in an urban area, nearly 40% are thinking about moving to a suburban or rural area in the future due to COVID-19….

“Retirement Still in the Cards? – Only 8% say that the coronavirus has caused them to move back their retirement date, while 3% say they plan to retire early. Over one-third of those surveyed said they have no current plans to retire….”

Remodeling Projects with the Greatest Return

Realtors® get asked this a lot, “Will I get my money back if I (do this)?” An article in the latest FloridaRealtor® magazine says that Remodeling Magazine asked real estate professionals what remodeling projects will pick up the greatest return when a home is sold. Here are their estimates for the percentage of return in the South Atlantic states.

  • Garage door replacement – 88.7%
  • Siding replacement (fiber-cement) – 80.5%
  • Minor kitchen remodel – 76.3%
  • Siding replacement (vinyl) – 76%
  • Roof replacement (asphalt singles) – 68.2%
  • Entry door replacement – 67%
  • Bathroom remodel – 66.7%
  • Major kitchen remodel – 58.7%
  • Bathroom addition – 53.9%

Sanibel & Captiva Islands Multiple Listing Service Activity September 25 – October 2, 2020

Sanibel

CONDOS

4 new listings: Captains Walk #B4 2/2 $395K, Sundial #I102 1/1 $450K, Sundial #O201 3/2 $819K, Wedgewood #102 3/3.5 $2.595M.

5 price changes: Coquina Beach #2B 2/2 now $494K, Sanibel Moorings #1512 2/2 now $525K, Loggerhead Cay #222 2/2 now $599K, Sanibel Inn #3512 2/2 now $727K, Sundial #T201 2/2 now $815K.

7 new sales: Sanibel Arms #D7 1/1 listed at $339K; Sundial #D308 1/1 listed at $409K; Ibis at The Sanctuary #202B 2/2 listed at $487.5K; Lighthouse Point #121 3/2 listed at $609,906; Compass Point #222 2/2 listed at $619K; Sandalfoot #2D2 2/2 listed at $659K (our listing); Loggerhead Cay #573 2/2 listed at $679K.

3 closed sales: Ibis at The Sanctuary #102A 2/2 $461K, Kings Crown #112 2/2 $655K, Yacht Haven #2 3/2 $890K.

HOMES

4 new listings: 956 Dixie Beach Blvd 2/1 $479K, 753 Nerita St 3/2 $589K, 2564 Wulfert Rd 4/5.5 $1.929M, 775 Conch Ct 4/3 $1.975M.

5 price changes: 1015 Fish Crow Rd 3/2 now $649K (our listing), 1223 Par View Dr 3/2 now $725K, 2001/2003 Mitzi Ln 6/6 duplex now $920K, 1035 S. Yachtsman Dr 5/4.5 now $1.074M, 1717 Jewel Box Dr 3/3.5 now $2,268,500.

1015 Fish Crow Rd in Gulf Shores

8 new sales: 1645 Sand Castle Rd 3/2.5 half-duplex listed at $540K; 9036 Mockingbird Dr 3/2 listed at $624,999; 525 N. Yachtsman Dr 3/2 listed at $789K; 917 Lindgren Blvd 3/2 listed at $895K; 3351 Barra Cir 3/2.5 listed at $1.199M; 4156 West Gulf Dr 3/2 listed at $1.329M; 769 Pyrula Ave 3/3.5 listed at $1.395M, 1520 Angel Dr 5/5.5 listed at $1.575M.

6 closed sales: 4606 Brainard Bayou 2/2 $455K, 9240 Belding Dr 3/2.5 $600K, 1068 White Ibis Dr 3/3 $680K, 1114 Sabal St 2/2 $769K, 1121 Skiff Pl 3/3 $975K, 2739 Wulfert Rd 4/5.5 $1,163,500.

LOTS

No new listings or price changes.

2 new sales: with contingencies: 2297 Wulfert Rd listed at $187K, 2142 Starfish Ln listed at $400K.

No closed sales.

Captiva

CONDOS

1 new listing: Gulf Beach Villas #2005 2/2 $755K.

No price changes.

1 new sale: with contingencies: Beach Villas #2522 1/1 listed at $529K.

3 closed sales: Bayside Villas #4112 1/2 $335K, Bayside Villas #4216 1/2 $345K, Bayside Villas #5114 1/2 $370K.

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”.

Enjoy your weekends, 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

Island Real Estate Selling During the Pandemic

SanibelSusan reporting that it has been another quiet week on Sanibel. Some of the local private schools reopened (Canterbury School this week, Bishop Verot next week). On-island, late vacationers are here enjoying the beaches while dodging seasonal showers and business has settled into the dog days of summer.

August/September often is when island lovers start thinking about the upcoming winter and planning their upcoming escapes from cold weather. We are working with buyers from afar as they await Florida’s full reopening.

Redfish Pass at the tip of Captiva earlier this week.

The action posted in the Sanibel & Captiva Multiple Listing Service since last Friday follows a few items, including the status of the local real estate market and latest COVID-19 info.

Sanibel & Captiva Real Estate Scoop

Buyers are asking what the repercussions have been from the pandemic on real estate sales. That question is heard almost as often as “what happened following Hurricane Irma in 2017” and the later water woes.

Below is a comparison of island real estate closings during COVID for the six months of 2020, from Valentines’ Day through August 14, and the same time frame before Irma in 2017 and the years with red tide 2018/2019.

Island Sales from February 14 to August 14

 

Year

CONDOS HOMES LOTS ALL RESIDENTIAL
# Price $ DOM # Price $ DOM # Price $ DOM # Price $ DOM

SANIBEL

2020 78 725,852 157 135 964,248 165 6 471,166 364 217 865,647 167
2019 80 668,828 146 143 910,134 168 10 419,900 725 233 806,242 184
2018 104 728,529 183 142 1,161,457 155 13 815,538 288 259 970,255 173
2017 82 742,847 193 120 1,036,917 166 21 334,738 600 223 862,659 217

CAPTIVA

2020 14 944,000 107 9 3,561,555 171 2 1,925,000 462 25 1,964,800 158
2019 13 1,023,230 401 11 3,216,686 258 0 N/A N/A 24 2,028,564 335
2018 12 769,354 115 12 2,225,942 197 0 N/A N/A 24 1,487,648 156
2017 20 681,512 265 15 2,611,466 410 2 2,312,500 1,005 37 1,552,087 364

(Info from Sanibel & Captiva Islands Multiple Listing Service, disclosure at bottom applies.)

What I glean from these statistics is that regardless of what happens in the world, with the weather, the water, the economy, or the year. Sanibel and Captiva have been and continue to be desirable. Even during the recession, island real estate continued to sell and sell well. Prices fluctuate with inventory and seller motivation. Island inventory is low, but from the pandemic, demand is increasing.

Florida’s Single-Family For-Sale Inventory Hit Record Low in 2Q

The following article by Kerry Smith was posted yesterday online at FloridaRealtors®: “ORLANDO, Fla. – Florida homeowners: There’s never been higher demand for your home. Economists generally consider a six-month supply of for-sale homes (inventory) to be balanced between buyers and sellers. An inventory greater than six months is a buyer’s market; an inventory less than six months is a seller’s market. In the second quarter of 2020, Florida’s inventory of homes was 2.8 months.

““Apart from the condo-townhouse category, we are at record lows right now,” says Florida Realtors Chief Economist Dr. Brad O’Connor.

“Florida Realtors records sales of condominiums and townhouses separately, and at 5.7-months’ supply in the 2Q, the condo-townhouse market remains in seller territory, but it’s closer to a balanced market.

The coronavirus-related shutdown impacted Florida’s single-family inventory, but more homes now appear to be coming into the market.

“Still, demand from buyers, thanks in part to record-low mortgage rates, has not subsided. Selling prices have continued to trend upward as buyers find too-few available homes for sale. In the second quarter, the median price for a Florida single-family home was $277,500 – 4.7% higher year-to-year.

““All indications are that Florida will continue to see home sales surge through the end of the summer, with our biggest near-term issue being a severe lack of single-family inventory,” O’Connor said in the report. “With mid-year inventory levels down over 27% compared to last year, the scarcity of homes on the market will continue to propel prices upward. Price growth has remained so strong throughout the pandemic that at the mid-point of the year, Florida has already seen close to $50 billion worth of closed single-family home sales – less than 2% off last year’s pace.”

“The inventory problem isn’t just in Florida. Fannie Mae’s latest U.S. market report found similar conditions nationwide, with a few buyers pulling back as home prices continue to rise.

““Supply constraints appear to be applying upward pressure to consumers’ home price expectations, which in turn has contributed to both a sharp reversal in optimism about whether it is a good time to buy a home and further improvement in home-selling sentiment,” says Doug Duncan, senior vice president and chief economist at Fannie Mae. © 2020 Florida Realtors®”

To bring this closer to home, the sold info below is extracted from my table above and compares those island sales over the last six months (during the pandemic) to today’s inventory:

 

Status

CONDOS HOMES LOTS
# Price $ DOM # Price $ DOM # Price $ DOM

SANIBEL

Sold 2/14-8/14/20 78 725,852 157 135 964,248 165 6 471,166 364
Under contract 22 713,968 151 48 973,223 150 7 349,193 386
Available today 115 826,994 224 111 1,654,230 189 58 824,531 461

CAPTIVA

Sold 2/14-8/14/20 14 944,000 107 9 3,561,555 171 2 1,925,000 462
Under contract 10 759,145 144 4 1,876,000 264 0 N/A N/A
Available today 34 1,162,582 231 41 2,873,024 249 3 3,563,000 555

(Info from Sanibel & Captiva Islands Multiple Listing Service, disclosure at bottom applies.)

Applying the economist definition about six months of inventory, it remains a buyer’s market for condos and vacant lots on both islands, as well as Captiva homes. But it now is a seller’s market for Sanibel homes.

This could change as recovery from the pandemic continues and winter approaches. Coming up are the months when the most island listings usually come on the market. I wonder if it will be different this year. Being safe may be as important to some as the islands being eco-friendly, natural, and laid-back. That could mean sellers will hold tight and it also could mean there will be more buyers. An interesting period is ahead. 2020 may continue to be a year for the record books in more ways than one.

Tidbits from NAR Economist Dr. Lawrence Yun

Yesterday was the first monthly membership meeting of the Sanibel & Captiva Islands Association of Realtors® since the pandemic began.

Granted it was by Zoom, but it featured one of my favorite economists, Dr. Lawrence Yun.

Here are a few of my notes from his presentation.

  • 2nd quarter was softer from the government-imposed economic lockdown.
  • Migration into Florida continues with about two-thirds of those here wanting a comfortable life with no income tax.
  • A surge in spending is coming (pent-up).
  • Today mortgage applications are 20% higher than a year ago.
  • Real estate is always a good hedge against inflation.
  • Today’s massive federal deficit will result in inflation.
  • The long-term real estate outlook in Sanibel/Captiva is bright with more companies offering flexibility on working from home and more retirees looking to come to the sunshine state.
  • The Federal Reserve likely will be accommodating for the next two years. Expect 3% rates to remain for the next 18 months, then slowly rising in 2022.
  • Encourage buyers to lock into the low rates before inflation appears.

Openings/Closings/Rescheduling

On Tuesday, Mayor Ruane extended Sanibel’s declared State of Emergency in response to COVID-19, until August 18, 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 40 COVID 19 cases have been reported on Sanibel by Florida Department of Health (DOH), five on Captiva.

2021 Shell Show Cancelled – As a member of the Sanibel-Captiva Shell Club, I received the following email notice on Wednesday: “On August 10, 2020, the Sanibel-Captiva Shell Club Board of Directors held a Zoom meeting to discuss the merits of having the 2021 Sanibel Shell Show vs. the health risks.  As the number of positive Corona Virus cases continue to escalate in Florida and throughout the country, and because of the inability to predict the status of the virus in the early months of 2021, the Board erred on the side of caution and voted to cancel the show. Our major concern with having a Shell Show like we have had in the past is the safety, health, and welfare of everyone involved. However, there will be a Shell Festival and the Sanibel-Captiva Shell Club will support the Sanibel Community Assn. and work with them to make it a success. We are investigating the possibility of having an educationally oriented virtual Shell Show event that would begin on the opening day of the festival. The bottom line is that we hope to have a Shell Show, but it will be different from the competitive show that we have had in the past. The October issue of The Junonia will have updated information about the Board’s plans.”

Sanibel Library – Temporarily closed for sanitization, but open for digital borrowing. Phone and email support available Monday through Friday from 9 a.m. to 5 p.m. The library’s eShelf and all online services remain available 24/7. All user fees waived during the closure. For more info, call 239-472-2483 or visit http://www.SanLib.org.

SanCap Cares – Posted this week on SanCap Cares Facebook page: “Given the current state of the pandemic, and after much discussion among the SanCap Cares committee members, we have made the decision to cancel the rescheduled 20th Anniversary Celebration that was slated for November 22, 2020…. The 2021 annual event is still on for March 28, 2021 at the Sanctuary Golf Club. Lee Health and Golisano Children’s Hospital needs us now more than ever! See you in 2021”

Sanibel Recreation Center & Playgrounds – Community Park (across from our office) and Bowman’s Beach playgrounds are open. At the Rec Center, registration for the After-School Youth Program is open. A new on-line reservation system also has been set up for members using the lap pool, tennis courts, and weight room. To comply with social distancing protocols, use of the Rec Center is by appointment only with reservations. Go to www.MySanibel for more info.

Travel Restrictions Removed by Governor – On August 6, Gov. Ron DeSantis signed Executive Order 20-192, which addresses short-term vacation rentals and rescinds the travel restrictions for the tri-state area: New York, New Jersey and Connecticut. People from those areas had been advised to self-quarantine for two weeks. The executive order also rescinds the previous employee screening requirements for restaurant employees. This means employees who have previously tested positive do not need to receive two negative tests before they can come back to work. Employers are required only to implement screening protocols pursuant to CDC guidance. The executive order also removes the requirement that employees who have traveled through an airport in the last 14 days be prohibited from working in a restaurant.

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

Sanibel

CONDOS

4 new listings: Ibis at The Sanctuary #102 2/2 $479K; Seawind #108 2/2.5 $529K; Lighthouse Point #121 3/2 $609,906; Blind Pass #G105 4/3 $969K.

3 price changes: Gulf Beach #106 2/2 now $849K, Somerset #A101 3/2.5 now $1.7M, Plantation Village #322 3/3 now $2.55M.

2 new sales: Spanish Cay #A3 1/1 listed at $293K, Sandpebble #4E 2/2 listed at $475K.

4 closed sales: Sundial #B406 2/2 $732.5K, Sundial #T301 2/2 $805K, Sanctuary Golf Villages I #4-3 3/3 $900K, Loggerhead Cay #514 2/2 $965K.

HOMES

5 new listings: 1797 Serenity Ln 2/2 $445K, 600 Boulder Dr 3/2 $599K, 9240 Belding Dr 3/2.5 $620K, 1001 East Gulf Dr 2/2 $649K, 545 Lake Murex Cir 3/3 $1.075M.

2 price changes: 718 Durion Ct 3/2 now $599K, 4345 Gulf Pines Dr 4/4 now $855K.

5 new sales: 4606 Brainard Bayou Rd 2/2 listed at $469.9K, 9240 Belding Dr 3/2.5 listed at $620K, 1350 Middle Gulf Dr #1F (Moonshadows) 3/3 half-duplex listed at $729K, 1724 Bunting Ln 3/3.5 listed at $949.5K, 1121 Skiff Ln 3/3 listed at $999K.

3 closed sales: 1010 Kings Crown Dr 3/3 $980K, 3706 West Gulf Dr 4/3 $1.2M, 4775 Rue Helene 4/3 $1.499M.

LOTS

No new listings.

1 price change: 1048 Fish Crow Rd now $350K.

1 new sale: 978 Main St listed at $169.9K.

No closed sale.

Captiva

CONDOS

No new listings or price changes.

5 new sales: Tennis Villas #3120 1/1 listed at $308K, Bayside Villas #4112 1/2 listed at $375K, Bayside Villas #5114 1/2 listed at $380K, Bayside Villas #5234 1/2 listed at $399K, Beach Villas #2418 2/2 listed at $759K.

No closed sales.

HOMES

No new listings

1 price change: 1124 Longifolia Ct 4/5 now $2.649M.

No new or 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.

Until next Friday, stay safe, enjoy your weekend & this recent sunset photo shared by our photographers, Jim and Jimmy Anderson with JMA Photography. Their photo was taken recently from one of their drones overlooking the same area of South Seas Plantation as my photo above (Lands End Village overlooking Redfish Pass). Summer sunsets are the best!

Susan Andrews aka Sanibel Susan

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