Happy New Year & Happy 1st Friday 2021

Posted on January 1, 2021 by SanibelSusan

Happy New Year 2021, with best wishes to all from The SanibelSusan Team.

It is just me (Susan) in the office this afternoon – albeit briefly after showing a few homes earlier. Gorgeous day to do that as was just mid-70’s when we started out at 10 a.m., then warming up to 78 degrees F about 2 p.m. Bright blue sky, lots of sunshine, and breezy – best kind of island day.

SanibelSusan Realty has had a good week. A listing sale closed Tues, Dave had a closing Thurs, we got a new listing, several action items were completed for other listings awaiting closings, and I have been writing offers this afternoon – which is why this is emailed a little later than usual – all good indicators that “season” is here.

As another indicator, what a difference a week makes! There was a huge traffic increase this week (compared to last week (Christmas)). The City announced Tuesday that 7,000 cars had crossed the causeway that morning. Wednesday, by midday, that day count already was up at 6,000. Those additional day-trippers make the roadways slow-going when heading off-island from about 3 p.m. until dark. If you need to travel then, remember to check the City traffic cams on www.MySanibel.com.

With several daytime runs by both teammate Elise and I between the office and the East end, and on-/off-island, we also could not help but notice the number of bikers. I do not remember the bike paths ever being this busy. The pickleball courts were packed most of the time too. Likely the wonderful weather brought visitors escaping the snowy north and doldrums of the pandemic. We just pray none of them brought more viruses.

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

Sanibel – COVID-19

On Tuesday, Sanibel Mayor Mick Denham extended the island declared state of emergency due to COVID-19 until January 5, 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 through 9 a.m. December 31 is 138 cases. Fifty-four of those cases are just since December 1. This is just the number cases for zip code residents. It does not include Captiva and the many workers and visitors that come and go. PLEASE stay vigilant – continue social distancing, hand washing, mask wearing, and avoid group gatherings.

How the Coronavirus Is Changing Buying & Selling Real Estate

The need to practice social distancing and restrict in-person contacts has accelerated both innovation and technology. Realtors® servicing Sanibel and Captiva, where both sellers and buyers often are in far-away places, have always provided different services than in a traditional geographical area where both parties are nearby. From the pandemic, there likely will be some long-lasting effects, like those below.

Competitive Buying – Purchasers that are out of town are more motivated to make sight-unseen offers. For those successful offerors, using the “as is” contract, the buyer may use the 15-day inspection/cancellation period to come and see the property, and/or have inspections performed. In the last few weeks, we have had two listings sell sight-unseen. Both received multiple offers with the sight-unseen buyers winning out, because they were willing to pay full price.

Streaming Videos & FaceTime Showings – Professional photography including drone aerials with streaming videos continue to get prospects interested in a property. After they become interested, virtual walk-throughs and Facetime showings by us or their Realtor® have become popular. We have had almost as many showings that way in the last few months as showings with the buyers there in-person.

Meetings – Though most now are more familiar with cleaning procedures and protocols for traditional showings in today’s more hygienic environment, more meetings are held virtually. These include listing presentations, discussions on making offers, even actual closings. Though SanibelSusan Realty has not again begun holding open houses, we are available to open our listings for showings or deliver keys and fliers to Realtors® not going to their offices. Whatever it takes to get them sold, while staying safe!

400 Rabbits Is Open

There have been many positive reports on social media this week about the soft opening and then the full opening yesterday of the all-new restaurant “400 Rabbits” which is in the shopping center on the San-Cap Rd end of Rabbit Rd. Mexican-inspired and with a tequila bar, this venture combines the culinary talents of Jeramie and Debra Campana, owners of Paper Fig Kitchen (in Tahitian Gardens) and James Beard Society award-winning chef Don Yamauchi and his wife Cleta.

What Real Estate Has to Be Grateful For in 2020

This was posted on FloridaRealtors® just before Christmas, by Melissa Dittmann Tracey:

“It’s hard to look at 2020 in a positive light, but the real estate industry was uniquely and unexpectedly a beacon of hope for a nation battered by the COVID-19 virus. Home sales boomed, mortgage rates repeatedly hit record lows and rising values bolstered homeowners’ equity.

“CHICAGO – No doubt, 2020 has been a uniquely challenging year. With unemployment still above pre-pandemic levels, the country coming to terms with longstanding racial inequities, Americans worrying about natural disasters, a contentious national election and the COVID-19 pandemic still raging, people are searching for reasons to feel gratitude as the year draws to a close.

“The housing market has emerged as an economic bright spot. While the nation continues to feel widespread effects from 2020’s turmoil, here are a few things the real estate industry can be grateful for this year.

“Booming home sales

“Overall, real estate professionals have been busy – home buying activity is at its highest level since 2006. The housing market defied high unemployment and an economic recession, and it surged during the COVID-19 pandemic. Existing-home sales in October were 27% higher than a year ago, new-home sales were 32% higher, and pending home sales or contract signings in September jumped 20.5% annually.

““This winter may be one of the best winters for sales activity,” says Lawrence Yun, the National Association of Realtors® (NAR) chief economist. “It won’t match summer or spring sales numbers, but on a winter-to-winter comparison, this could be one of the best breakout years just based on the fact that pending contracts are at such a higher level.”

“Mortgage applications, up 20% year over year, reflect buyers in the pipeline, ready to buy. The downside: Buyers are in a frenzy to compete for the limited housing stock, and 72% of homes that sold in October were on the market for less than a month, NAR’s data shows.

“Record low mortgage rates

“Homebuyers are locking in some of the lowest mortgage rates in recorded history. Last week, for the 15th time this year, the 30-year fixed-rate mortgage set a record low, averaging 2.67%, according to Freddie Mac. Yun predicts that mortgage rates will stay low into 2021, averaging 3.1% for all of next year.

““These ultra-low mortgage rates significantly lower mortgage payments, making housing more affordable than a year earlier in many areas,” even with prices rising, writes Nadia Evangelou, a research economist, on NAR’s Economists’ Outlook blog. In the Washington, D.C., metro area, for example, home prices have jumped nearly 12% compared to a year earlier, Evangelou notes. However, the monthly payment on a 30-year fixed-rate mortgage is lower than a year ago, averaging $1,820.

“Seller equity

“Home sellers got a financial boost from housing appreciation. The median existing-home price for all housing types was $313,000 in October – a 16% increase from a year ago. Sixty-five percent of 181 metro areas NAR recently tracked have reported double-digit price gains compared to a year ago.

“That means home owners who haven’t taken a financial hit from the pandemic feel richer. In the third quarter, 16.7 million residential properties in the U.S. – 28.3% overall – were considered “equity rich,” according to a report from ATTOM Data Solutions, a real estate research data firm. A property is considered equity rich when the property owner has at least 50% equity in the home.

““Homeowner equity in the third quarter added another pebble to the pile of markers showing that the U.S. housing market continues to defy the broad downturn in the economy this year,” says Todd Teta, chief product and technology officer for ATTOM Data Solutions. “Home prices keep rising, boosting the balance sheets of homeowners throughout most of the country. … The market is strong and homeowners remain in a position to benefit.”

“Technology

“With people forced to keep their distance during the pandemic, technology became real estate pros’ ally in keeping transactions moving. Nick Bailey, chief customer officer at RE/MAX LLC, says that the average real estate transaction takes 181 steps from beginning to end, and technology has increasingly responded to those steps.

“During state shutdowns earlier this year, real estate professionals increasingly relied on virtual and 3D tours, videoconferencing, augmented reality, automation, artificial intelligence and remote online notarizations, says Jeb Griffin, NAR’s director of strategy and innovation.

““Technology is playing a more active role through the buying and selling cycle, and agents are playing an even bigger role to consumers who [have] less access to homes in person [due to the pandemic],” Griffin says.

The future now requires “taking the traditional way of doing business and augmenting it with new ways that will allow you to serve customers in a variety of ways – and on their terms,” adds Andy Ambrose, DocuSign practice lead director at DocuSign Notary.

“New priorities

““The coronavirus without a doubt led homebuyers to reassess their housing situations and even reconsider home sizes and destinations,” says Jessica Lautz, vice president of demographics and behavioral insights for NAR. “Buyers sought housing with more rooms, more square footage, and more yard space, as they may have desired a home office or home gym. They also shopped for larger homes because extra space would allow households to better accommodate older adult relatives or young adults that are now living within the residence.”

“Affirmation of a Realtor’s value

“As Americans reevaluated what they wanted from a home, they increasingly relied on real estate agents to guide them through purchase and sales transactions. According to NAR’s latest survey, 88% of buyers reported using an agent to purchase their home, and 89% of sellers used an agent to help with their sale.

““We are all in unknown territory with this pandemic, so it’s no surprise that more buyers than ever turned to agents to help them navigate through some of the uncertainties and one of the most complex, competitive markets any of us have ever seen,” says NAR’s immediate past president Vince Malta.

“The sanctity of home

““Nothing feels more precious this year than the safety of our homes,” says Shannon McGahn, NAR’s chief advocacy officer, “and we believe all Americans should have equal opportunity to a home of their own.”” Source: National Association of Realtors®

Sanibel & Captiva Islands Multiple Listing Service Activity December 25 – January 1, 2020

Sanibel

CONDOS

1 new listing: Sandalfoot #3B3 1/1 $549K (our listing).

View from Sandalfoot #3B3

1 price change: Sandals #A 3/3.5 now $1.835M.

6 new sales: Sundial #G406 1/1 listed at $519K, Mariner Pointe #421 2/2.5 listed at $579K, Pointe Santo #B3 2/2 listed at $699K, Sandy Bend #6 2/2 listed at $1,027,007; Sanibel Surfside #124 2/2 listed at $1.05M, Junonia #103 3/2 listed at $1.295M.

12 closed sales: Sanibel Arms #B1 1/1 $413K, Signal Inn #10 1/1 $485K, Loggerhead Cay #462 2/2 $550K, Compass Point #221 2/2 $615K, Lighthouse Point #111 2/2 $645K, Island Beach Club #220F 2/2 $710K, Sundial #T201 2/2 $750K, Gulf Beach #106 2/2 $775K (our buyer), Sundial #P203 2/2 $845K, Point Santo #D47 2/2 $920K, Sayana #103 2/2 $948.5K, Tarpon Beach #207 2/2 $899K (our listing).

HOMES

3 new listings: 784 Birdie View Pt 4/4 $1.795M, 5270 Indian Ct 6/6.5 $2.695M, 488 Lighthouse Way 4/4 $3.695M.

3 price changes: 1835 Ardsley Way 2/2 now $457K, 685 Sea Oats Dr 3/2/2 now $1.089M, 490 Sawgrass Pl 3/2.5 now $1.499M.

4 new sales: 799 Casa Ybel Rd 5/3 duplex listed at $570K, 1752 Jewel Box Dr 2/2 listed at $859K, 966 Kings Crown Dr 3/2 listed at $980K, 9441 Peaceful Dr 3/3.5 listed at $1.395M.

7 closed sales: 1764 Bunting Ln 2/2 $515K, 731 Durion Ct 3/2 $737K, 836 Angel Wing Dr 3/2 $885K, 6176 Henderson Rd 3/2 $910K, 1308 Tahiti Dr 3/3 $907.5K, 1203 Kittiwake Cir 3/3 $985K, 769 Pyrula Ave 3/3.5 $1.335M.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Sunset Beach Villas #2314 2/2 listed at $779K, Marina Villas #808 2/2 listed at $779K.

2 closed sales: Bayside Villas #4106 1/2 $378K, Beach Villas $2334 3/3 $960K.

HOMES

No new listings.

1 price change: 15000 Binder Dr 3/2 now $1.298M.

No new sales.

2 closed sales: 15200 Captiva Dr 2/2 $954K, 11515 Gore Ln 5/4.5 $2.25M.

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”.

Again, enjoy your 2021, while staying safe and well! Until next Friday, Susan Andrews, aka SanibelSusan

Merry Christmas 2020!

Posted on December 25, 2020 by SanibelSusan

Christmas Day 2020 at Sanibel Lighthouse 1:08 p.m.

What a different one it is. As we likely are all celebrating the season in new ways this year, I bet you too are looking forward to a safer, healthier, more productive 2021. I hope you are spending your day, like me and The SanibelSusan Team, the best you can under the circumstances.

As mentioned before, the pandemic has affected the islands real estate market, some ways great, some not-so-good. We have learned social-distancing skills and developed new marketing techniques while buyers and sellers have struggled to achieve their goals too – in this wonderful place that remains special regardless of what is happening worldwide.

It was so quiet this morning at my house, that I decided to take a spin around the East End, take a few photos, and then send this from the office. So here I am in Sanibel Square doing what I enjoy most. One of those things was getting a listing under contract yesterday. It is great to have a sale on Christmas Eve.

Another event was learning that a closing scheduled to occur on Monday, may now instead be the following week. Snafus with lenders, condo associations, and overnight mail with holidays are obstacles that make us so love cash sales with few contingencies – and appreciate our clients who continue to understand that as hard as we work to prevent any delays, stuff happens. This year, it seems to be all “new stuff”.

Below are some more photos taken about this afternoon. Though there have been sporadic recent reports of red tide, I did not see any evidence. There were plenty of people beach walking on both the bay and gulf side, also many folks at the fishing pier. Some bundled up as it is only mid-50’s and breezy, but there were a few brave kids wading in the water, plus the usual kiteboarders. The four photos below were from the beach access at the gulf end of Seagrape Lane.

Moving to the other end of Seagrape Lane, on San Carlos Bay, I watched a kiteboarder who was blown into the water struggle to get close to shore and get the kite airborne again. I waited until the rider was flying again was over the water, before departing. You can see the kite (teal color) in the center of the third photo below. (Moms worry about those kiteboarders.)

Moving on to the Sanibel Marina, it was pretty quiet there. No one in sight and Gramma Dot’s is closed until tomorrow. In the bottom picture, you can see how they spread out tables for outside dining.

If you also want to follow red tide reports, the Sanibel-Captiva Conservation Foundation (SCCF) in their weekly email included a link to https://habforecast.gcoos.org/. That is NOAA’s Gulf of Mexico Coastal Ocean Observing System. Today it shows high readings on south of here at Vanderbilt Beach and the Naples Pier. It looks to be clear on both Sanibel and most of Captiva. Here is hoping this cool weather and northerly winds keep it away!

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

Holiday Celebrations Around the World

Late Monday, I attended an on-line Zoom meeting put on by Florida Realtors® Global Business Committee. My Naples pal, Paula Angelopoulos Urbinati chairs that committee this year, while Realtor® friend Christel Silver owner of Silver International Realty in Del Ray Beach is Vice Chair.

In Greece, Christmas celebrations officially last for 14 days, starting on Christmas Eve and ending on Epiphany (January 6) with the ‘Great Blessing of Water’.

In Barbados, celebrations begin December 1 with island residents painting their homes inside and out, often also purchasing all new furnishings to welcome the season with a clean slate.

In the Philippines, their celebrations are the longest in the world, beginning in early September, through the first Sunday in January which is the Feast of Three Kings. Another holiday custom in the Philippines is parents giving children a red envelope with cash inside.

In Cuba, Christmas was not celebrated for 30 years. That changed in 1998 when the Pope visited the country. In Cuba today, the celebration includes roasting a whole pig and gifts given for 12 days following Christmas.

In the United Kingdom, it was interesting to hear that stockings are not hung on mantels, but instead are placed at the foot of the beds. Sometimes pillowcases are used instead – ready for Father Christmas to fill them up. Advent calendars are popular, and everyone listens to the Queen’s speech on Christmas Day. She has been giving those since 1957, usually about 3 p.m. Christmas crackers also are popular in the UK. (I usually have them at my Christmas dinners too. Missing that this year.) This tradition goes back to the 1800’s with the cracker which pulls apart to make a “pop”, then opens to contain a paper crown (which must be worn during dinner), a silly joke, and a tiny toy. Christmas dinner in the UK most closely resembles many in the US including turkey (sometimes goose); roast beef; brussels sprouts (no Christmas dinner complete without those); mashed carrots and turnips (together); stuffing balls with sage, onion, chestnut; roasted potatoes (never mashed); Yorkshire pudding, peas; and cranberry sauce or bread sauce (which is a white sauce).Their Christmas desserts include mince pies, Christmas pudding aged for a month or two and with a silver coin inside, brandy butter to go on the pudding, and trifle.

In Hungary, many of their traditions are like those in Germany. Their holidays begin four Sundays before Christmas. Santa Claus Day is December 6. Children put their “clean” boots on their window sill at night with the “good” children receiving candy and those “naughty” ones getting sticks instead. Their trees go up on December 24, while their Christmas Day menus typically include codfish soup and stuffed cabbage. Their trees, which are decorated with colorfully wrapped candy and chocolate, stay up until January 6, though the candies particularly those on the bottom branches, reachable by children, disappear first. Like Germany, Christmas is celebrated on both December 25 and 26.

Israel’s Hannukah or “Festival of Lights” is an eight-day rededication ceremony with dates that change each year. It is not related to Christmas, but typically ends sometime before Christmas. Part of this celebration is adding lights to a menorah (candle holder). Every person in each family has their own, so if in a large family, it can mean many lights. Each menorah has nine candle holders so that one candle is lit each night with the ninth (or shamash) for the helper candle that is used to light the others. Common food at their celebrations include matza ball soup, potato latkes (pancakes), and jelly donuts. Children receive gifts all eight days of Hannukah with their traditions kept alive with gifts like dreidels, gelt (chocolate coins), and menorah.

In Africa, Kwanzaa is celebrated from December 26 to January 1, observed by people of all faiths since it is not tied to any religion, but rather is to inspire blacks to be united, self-determined, accountable, financially invested, purposeful, creative, and full of faith. It is a celebration of life and a ritual to welcome the first harvests to the home. Each day of the seven days of Kwanzaa has special meaning, also with lighting of candles, in black, green, and red.

Sanibel – COVID-19

Florida Department of Health’s daily report says that Sanibel’s total number of COVID-19 cases from March 26 through December 24 at 9 a.m. is 128. This is just the cases for residents in our zip code. It does not include the many workers and visitors that come and go. PLEASE stay vigilant – continue social distancing, hand washing, mask wearing, and avoid group gatherings.

Sanibel & Captiva Islands Multiple Listing Service Activity December 18 – 25, 2020

Sanibel

CONDOS

6 new listings: Sundial #G406 1/1 $519K, Kimball Lodge #244 1/1.5 $550K, Sanibel Arms West #H6 2/2 $579K, Sanibel Arms West #I4 2/2 $579K, Pointe Santo #B26 2/2 $689K, Mariner Pointe #241 2/2.5 $690K.

2 price changes: Sanibel Arms #C5 2/2 now $475K, Surfside 12 #B1 3/2 now $999.5K.

2 new sales: Mariner Pointe #541 2/2 listed at $515K (our listing), Sundial #P203 2/2 listed at $899K.

5 closed sales: Captains Walk #B4 2/2 $380K, Coquina Beach #2B 2/2 $452.5K, Sanibel Arms West #M2 2/2 $525K, Coquina Beach #1D 2/2 $528.5K, Sundial #H203 2/2 $725K.

HOMES

1 new listing: 1480 Middle Gulf Dr 4/4.5.5 $1.65M.

1 price change: 5439 Osprey Ct 4/3 now $1.669M.

7 new sales: 3935 Coquina Dr 4/3 listed at $849,950; 916 Almas Ct 3/3.5 listed at $1.39M, 9441 Peaceful Dr 3/3.5 listed at $1,395M, 1743 Venus Dr 4/3.5 listed at $1.599M, 5391 Shearwater Dr 3/3.5 listed at $1.795M, 2411 Blue Crab Ct 4/4.5 listed at $2.4949M, 1069 Bird Ln 4/3.5 listed at $4.495M.

7 closed sales: 4044 Coquina Dr 2/2 $485K, 1603 Sand Castle Rd 3/3 half-duplex $570K, 280 Southwinds Dr 3/3.5 $618K, 1610 Sabal Sands Rd 3/2 $675K, 580 Boulder Dr 3/2 $799K, 735 Sand Dollar Dr 3/3 $1.24M, 1237 Isabel Dr 5/6.5 $2.6M.

LOTS

1 new listing: 539 Sea Oats Dr $420K.

No price changes.

1 new sale: 3945 West Gulf Dr listed at $2.999M.

No closed sales.

Captiva

CONDOS

1 new listing: Gulf Beach Villas #2127 2/2 $900K.

No price changes.

1 new sale: Lands End Village #1628 4/4 listed at $2.749M.

1 closed sale: Captiva Hide-A-Way #2A 2/2 $880K.

HOMES

2 new listings: 15361 Captiva Dr 5/4.5 $2.795M, 11530 Paige Ct 4/5.5 $4.579M.

1 price change: 17201 Captiva Dr 5/4.5 now $5.65M.

1 new sale: 17101 Captiva Dr 7/6.5 listed at $2.695M.

No closed sales.

LOTS

1 new listing: 16685 Captiva Dr $2.45M.

No price changes, new, or closed sales.

Jensen’s on Captiva also went under contract this week (with contingencies). Asking price $13.995M, it includes 14 historic cottages, 35 boat slips, marina, fuel dock, fleet of rental boats, ships store & office.

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

You can be sure that I’ll be posting next Friday too – with a Happy New Year report! Meanwhile, enjoy your Christmas!

Susan Andrews, aka SanibelSusan

Counting Down to Christmas on Sunny Sanibel

Posted on December 18, 2020 by SanibelSusan

Ok, so it is sunny and bright but chilly and windy by island standards. Temperatures were only in the 50’s this morning and warmed up to 60 degrees F as I drove back to the office about 1:30 p.m. I took a little side trip up Dixie Beach Blvd to see how the water looks on San Carlos Bay. There have been a few reports of red tide mostly off shore and south of the islands, but the Army Corps of Engineers has reduced its Lake O releases so I bet between that and the breezes, things change. Can you tell from my photo that it’s a tad cool?

The SanibelSusan Team is counting down to Christmas, which is one of the few days that our office is closed. You can bet, however, that there will still be a Friday blog next week. Probably like yours, our individual 2020 Christmases will be different than any other year. We send good wishes that yours are safe, healthy, and happy! Below are a few photos from evening island spins. The first one is the bike path across the street from our office, followed by The Sanibel Community Church, and The Captiva House.

After a couple of news items is the action posted in the Sanibel & Captiva Islands Multiple Listing Service since last Friday. We are happy that three of the week’s closings were our listings!

Sanibel & Captiva Islands Association of Realtors®

Yesterday was the December Membership Meeting of the local Association of Realtors®. Held via Zoom, there were just a few attendees. Speaker was Juana Watkins, Esq., Florida Realtors Vice President of Law & Policy, & General Counsel. One item she addressed also was the subject of a recent article (posted below) by Meredith Caruso who is Associate General Counsel for Florida Realtors®. You may have heard about letters like this.

“Hot Topic at NAR Convention? Buyers’ ‘Love Letters’ – How can I get the seller to accept MY offer?”, buyers wonder in today’s heated, multiple-offer market. In some areas of the country, “love letters” – a note from buyer to seller praising the home – are common. But some of the letters may flirt with Fair Housing Act violations.

“ORLANDO, Fla. – The National Association of Realtors® (NAR) Conference and Expo was held virtually this year, with meetings and events running from Nov. 2 to 18 – and many of the sessions involved discussions about buyer “love letters.” For those who aren’t aware of what I am referring to, “love letters” are written statements that accompany a potential buyer’s offer. While these types of letters are not in and of themselves illegal, it’s important to note that if done without careful consideration, it could end up being a Fair Housing Act (FHA) violation.

“How is this a possibility? Let’s examine a couple of examples of “love letters” – one that could be problematic with one that likely isn’t.

“Example 1: A buyer drafts a love letter that includes how excited the buyer is to raise a family in the home. They can’t wait to see future children excitedly running down the stairs on Christmas morning. Sounds harmless enough, doesn’t it? However, this buyer’s letter touches on two protected classes under the FHA: familial status and religion. Should a seller take these factors into account in arriving at a determination to accept the buyer’s offer, it could be a fair housing violation.

“Example 2: A buyer drafts a love letter that discusses the buyer’s love of the homes’ architectural features and the buyer’s appreciation of the various details of the home’s construction. Here, as the buyer solely focused on the property’s characteristics, none of which fall under a protected class, it’s likely not a fair housing violation.

“As agents, it’s important to remind consumers about fair housing issues if you see a potential problem on the horizon. While no agent is expected to explain the legal nuances of the Fair Housing Act, it may be wise to suggest a buyer or seller consult their personal attorney if either of the respective parties veer into potential FHA violation territory.”

Sanibel – COVID-19

Special City Council Meeting Dec 15 – Because of the nationwide increase in coronavirus cases, a special meeting was called to discuss the island’s COVID-19 safety measures and restrictions. Agenda items included:

Center-4-Life & Senior Center – which will remain closed with reconsideration in May.
More signage about masks on Sanibel.
Possibility extending the hours and footprint of the Sanibel Farmer Market if their visitor traffic increases as “season” gets underway.
Confirmed that the Mayor may enact changes quickly if needed to guard the health and welfare of citizens.

Florida Department of Health – reports that Sanibel’s total number of COVID-19 cases from March 26 through December 17 is 121. THAT INCLUDES 5 CASES REPORTED IN JUST ONE DAY THIS WEEK! Last week, there were 17. Never had there been a week with a number in the double-digits. The number of Sanibel cases in December through 17^th is 32, for November = 27. That means nearly half of the cases during the nine months of tracking, have been in the last few weeks. This is just the cases for residents in our zip code. It does not include the many workers and visitors that come and go. PLEASE stay vigilant – continue social distancing, hand washing, mask wearing, and avoid group gatherings.

The Island Store Celebration

The Island Store at Captiva’s 4-way stop, on 11500 Andy Rosse Ln, recently celebrated its reopening with a ribbon-cutting. Purchased in 2018 by the Bailey family, owners of Bailey’s General Store on Sanibel, the store was completely renovated and restored. Built around 1915, the building became a grocery store in 1940 under the ownership of Jay Norwood “Ding” Darling. Remodeled to today’s safety and quality standards, the store retains historical charm while offering residents and visitors easy on-island shopping for groceries and spirits. Open daily from 9 a.m. to 7 p.m.

Stabilization Project Expanded for Causeway

As reported in today’s “Island Sun”: “A project planned to stabilize the shoreline along the Sanibel Causeway has been expanded to improve drainage, parking and amenities on both causeway islands. The Lee Board of County Commissioners recently voted to expand the project, accept a $4.25 million grant from the Florida Department of Transportation and allocated $2.4 million in tourism tax reserves for the project….” The project will “provide necessary erosion control structures and storm runoff by providing stabilization of the shoreline…will add beach sand, compacted shell and paved ADA parking spaces to Islands A and B and a picnic pavilion. Additional event parking areas and efforts to improve access to fishing on both sides of the islands are included.

“Construction is expected to begin with erosion control measures on Island B (closest to Sanibel) this summer, and all work will be completed by 2024. The total estimated cost to design, permit and construct the improvements and stabilize the shoreline is $8.5 million.”

Holiday Closings

At J.N. “Ding” Darling National Wildlife Refuge, The Visitor & Education Center and Refuge offices will be closed December 24, 25, and 31, and January 1. The Center’s restrooms will remain open during regular hours as will Wildlife Drive and its trails and Bailey Tract. Tarpon Bay Explorers also will remain open for normal operating hours except for Christmas, December 25, when it closes for the day.

Year-to-Date (through Dec 18) Sanibel Residential Real Estate Stats

	Condos		Homes		Lots
	#	Avg $*	#	Avg $*	#	Avg $*
For sale	88	825,292	72	1,874,126	54	879,735
Under contract	36	689,325	52	1,280,244	10	367,301
Sold/closed 2020	172	745,024	273	953,709	23	606,233
Sold/closed 2019	127	694,392	211	949,790	15	372,200
Sold/closed 2018	155	720,617	218	1,112,747	21	602,095

* Avg $ is average asking price for properties “For sale” & “Under contract”. Otherwise, average sale price.

Sanibel & Captiva Islands Multiple Listing Service Activity December 11 – 18, 2020

Sanibel

CONDOS

4 new listings: Sandy Bend #6 2/2 $1,027,007; Pointe Santo #C25 3/2 $1.125M; Sundial #T204 3/2 $1.2M; Sundial #P402 2/2 $1.25M.

6 price changes: Casa Blanca #8 2/1 now $349K, Mariner Pointe #731 2/2 now $525K, Cottage Colony West #101 1/1 now $575K, Loggerhead Cay #542 2/2 now $685K, Sanibel Inn #3512 2/2 now $725.5K, Pelicans Roost #106 2/2 now $929K.

1 new sale: Spanish Cay #A4 2/2 listed at $430K.

10 closed sales: Sundial #D309 1/1 $430K, Loggerhead Cay #332 2/2 $529K, Compass Point #232 2/2 $550K (our listing), Sandalfoot #2D2 2/2 $620K (our listing), Loggerhead Cay #532 2/2 $650K, Sanctuary Golf Villages I #1-4 3/3 $725K, Sundial #O405 2/2 $1.15M, Villas of Sanibel #B202 3/3 $1.85M, Sanibel Sunset #201 3/2 $2.195M, Plantation Village #B222 3/3 $2.275M

HOMES

5 new listings: 430 Old Trail Rd 3/2.5 $629K, 2010 Wild Lime Dr 4/4 $759K, 3960 West Gulf Dr 3/2 $1.079M, 829 Pyrula Ave 3/3 $1.295M, 5391 Shearwater Dr 3/3.5 $1.795M.

7 price changes: 956 Dixie Beach Blvd 2/1 now $449K; 610 Hideaway Ct 3/2.5 now $699K; 4397 Gulf Pines Dr 3/3 now $725K; 3935 Coquina Dr 4/3 now $849,950; 966 Kings Crown Dr 3/2 now $980K; 1308 Eagle Run Dr 4/4 now $1.549M; 5439 Osprey Ct 4/3 now $1.669M.

4 new sales: 753 Nerita St 3/2 listed at $579K, 705 Oliva St 3/2 listed at $875K, 1039 Sand Castle Rd 3/3 listed at $999K, 6101 Starling Way 3/3.5 listed at $1,148,990.

7 closed sales: 1645 Sand Castle Rd 3/2.5 half-duplex $530K, 1142 Shell Basket Ln 3/2 $560K, 543 Boulder Dr 3/2 $784K, 250 Hurricane Ln 3/2.5 $875K, 1860 Ibis Ln 5/3 $905K, 1120 Olga Ave 3/2 $940K (our listing), 1717 Jewel Box Dr 3/3.5 $2.15M.

LOTS

No new listings or price changes.

1 new sale: 1313 Par View Dr listed at $300K.

No closed sales.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Tennis Villas #3125 1/1 listed at $349K, Marina Villas #703 2/2 listed at $759K.

3 closed sales: Gulf Beach Villas #2005 2/2 $755K, Beach Villas #2525 2/2 $760K, Ventura Beach #2B 3/3 $970K.

HOMES

No new listings.

2 price changes: 11431 Dickey Ln 3/2 now $1.1685M, 16189 Captiva Dr now $3.699M.

1 new sale: 956 South Seas Plantation Rd 6/6 listed at $4.995M.

No closed sales.

LOTS

Nothing to report.

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

Until next Friday, happy almost-Christmas! Susan Andrews, aka SanibelSusan

Woohoo! A busy real estate kinda Friday at SanibelSusan Realty!

Posted on December 11, 2020 by SanibelSusan

It has been another busy week for The SanibelSusan Team. Two more of our listings went under contract. We are very thankful to have ten closings in our “under contract” hopper simultaneously. In many ways, 2020 is a year for the record books. Two closings for us today too with the gals at Knight Barry Title Solutions who are super busy! The second being finalized now. Woohoo!

Also, this week our office carpet got its annual cleaning. Shout-out to Tru-Clean, Carpet & Tile Care, who always does a terrific job. This year, it seemed like summer and the rainy season went on forever – then like magic, it became winter. With the 2^nd cold front here this week and another set to arrive next week, it has been a nice reprieve to have daytime highs in the 60’s – feels like Christmas is coming. We locals are bundled in our wool shirts, sweaters, and jackets, while tourists wearing tank tops and shorts are riding with tops down. It is always funny to see that.

The SanibelSusan Team island-wide holiday bulk mailing went to the post office today. With interest rates low and demand to buy high, there should be more sales in the upcoming weeks. Meanwhile, we are looking for new listings to replenish our supply and still have a few wonderful listings available. Photos below taken today from our listing at White Sands #23.

Elise also has our tree decorated and the office looking festive. Pandemic or not, we celebrate the season!

Bailey’s antique delivery vehicle decorated for the season!

Earlier this afternoon, the Sanibel & Captiva Islands Association of Realtors® leadership team and 2021 Professional Standards Committee are attending a Florida Realtors® Zoom meeting that covers recent changes by the National Association of Realtors® to the Realtors® Code of Ethics and Standards of Practice. I will be Zooming in as this update supplements the required Pro Standards training coming up in early January. Always new things to learn to stay current.

Sanibel – COVID-19

From Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases from March 26 through December 6 is 100. There were 63 cases in reported in the first seven months, but 37 in just the last six weeks. PLEASE stay vigilant – continue social distancing, hand washing, mask wearing, and avoid group gatherings.

It was a smart addition this week to see the electronic sign in front of the Chamber of Commerce coming onto the island which reads “Welcome to Sanibel”, followed by “Wear Your Mask”. City Council acted on that notice at their meeting last week. At that same meeting, the City also agreed to advise of new cases as they are reported, rather than just weekly which is when the state provides their analytics.

Last night, a post on the City’s website announced that City Council has called a special meeting to discuss potential adoption or modification of COVID-19 related restrictions. It is scheduled for Monday, December 14 at 10 a.m. You can tune in to hear the audio live at www.MySanibel.com.

Pandemic Didn’t Change Work Model So Much as Accelerate It

Posted December 7 by Jennifer Quinn, economist, and Director of Economic Development for Florida Realtors®:

“Is the work-from-home trend here to stay, along with its real estate impact on new housing and location demands? A nine-month study suggests that the change was already underway before the pandemic started. It’s simply happening faster now.

“ORLANDO, Fla. – Preliminary analysis of a nearly nine-month remote-work experiment points to the reality that the pandemic was not a change agent, but rather an accelerant. Meaning – companies were likely going to embrace more remote work and telecommuting options for their employees in the coming decade, particularly in areas where traffic is just unbearable (we are looking at you New York and Silicon Valley).

“However, adapting to the pandemic accelerated these plans, pushed forward technology adoption and created a new way of connecting and doing business. The future of work appears to have arrived earlier than previously expected. According to the U.S. Bureau of Labor Statistics, the top 10 remote work occupation categories according to the percent of people who teleworked because of the pandemic are:

Computer & Mathematical Occupations
Business & Financial Operations
Life, Physical, & Social Science Occupations
Legal Occupations
Architecture & Engineering Occupations
Community & Social Service Occupations
Educational Instruction & Library Occupations
Arts, Design, Entertainment, Sports & Media Occupations
Management Occupations
Office & Administrative Support Occupations.

“People who work in these occupations are seen as “suddenly mobile” – they are no longer tied to the gateway cities they lived in prior to the pandemic and are able to re-think their proximity to the office (and what the “office” even is). Faced with staggering home prices and wages that don’t seem to keep up, many are asking themselves, “Can we do this somewhere else?”

“So, if people no longer have to live near their offices, will they still choose to live where they have been? According to a survey by Upwork’s Remote Workers on the Move released in October 2020, 14 million to 23 million Americans are planning to relocate to a new U.S. city or region. The survey reveals that not all moves are minor, such as moving from an inner ring suburb to an exurb of the same city. Some of these moves are to different states entirely, depending on what percentage of their work will be conducted remotely.

“That is a lot of people whose view from their home office can go from one where snow blankets the backyard to one with a palm tree and some sand. Looking at the concentration of these top 10 industries, Florida tracks similarly to the U.S., meaning there are plenty of people here already living the dream. Focusing on in-migration from Northeastern and Western states is hardly new, as Florida has topped the lists for relocation for a while now. However, tapping into the new and potentially large suddenly mobile market could yield positive results for you and your business.

“But does this trend have legs? The Upwork survey indicates that companies find several advantages to increasing their remote workforce, chief among them lower operating costs, increased employee availability and job satisfaction. Additionally, companies throughout the world can readily tap into Florida’s increasingly diverse workforce with increased ease.

“Many believe that once the pandemic fades and people can go back to the office as they did in 2019, not all will – at least not full-time. Several large tech firms have announced long-term remote work plans for employees and others are considering the same. And it’s not just tech – 57% of small and medium-size businesses plan to offer remote work plans for the long term as well.

“Florida offers many upsides to the suddenly mobile that benefit both their employers and themselves. Home prices in Florida remain affordable compared to the more expensive housing markets that people are coming from – Boston, San Francisco, San Jose, Oakland and New York City. Combined with the lack of state income tax, the calculus to make the move to Florida pencils out….”

Mortgage Unchanged From Last Week’s Record Low

By Kerry Smith at FloridaRealtors®: “Last week, the average 30-year, fixed-rate mortgage hit its 14th record low this year, and it held onto that 2.71% rate. The 15-year loan was also unchanged at 2.26%.

“MCLEAN, Va. – The average 30-year mortgage rate held onto the 2.71% average rate it hit last week – the 14th record low set this year. “Mortgage rates remain at record lows, resisting their typical correlation to Treasury yields, which have recently been moving higher,” says Sam Khater, Freddie Mac’s chief economist. The Treasury plays a role in mortgage rates since they are part of the funding mechanism.

““Mortgage spreads – the difference between mortgage rates and the 10-year Treasury rate – are declining from their elevated levels earlier this year,” Khater adds. “Although today’s mortgage spread is about 1.8% and still has some room to move down if the 10-year Treasury continues to rise, it’s encouraging to see that the spread is almost back to normal levels.”

“The 30-year fixed-rate mortgage (FRM) averaged 2.71% with an average 0.7 point for the week ending Dec. 10, 2020, unchanged from last week. A year ago, the 30-year FRM averaged 3.7%. The 15-year FRM averaged 2.26% with an average 0.6 point, also unchanged from last week. One year earlier, the 15-year FRM averaged 3.19%. Only the 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) declined in this week’s survey. It averaged 2.79% with an average 0.3 point, down from last week when it averaged 2.86%. A year ago, the 5-year ARM averaged 3.36%.”

Even with the low interest rates, we are lucky on the islands that most of our sales are “cash”. One of our closings this week was scheduled to close November 30 but delayed because the lender is so busy – or taking on more business than they can support. These buyers got frustrated and instead paid cash. Local lenders are attuned to the idiosyncrasies of mortgages on a barrier island and usually have rates as competitive as anywhere. The SanibelSusan Team has preached for years – that it always pays to use a hometown bank.

7 Top-Rated Resorts on Sanibel Island, FL

Written by Lura Seavey, this article was posted November 17 on http://www.PlanetWare.com:

“Sanibel Island acts as a barrier between the Gulf of Mexico and the larger Pine Island, connected to Fort Myers on the mainland by the Sanibel Causeway. The central and eastern part of the island is most active with tourists and is full of resorts, restaurants, and shops that can be easily reached by foot or via the trolley that stops at all the major hotels. The south-facing beaches are the island’s widest and most crowded, known for an extraordinary abundance of seashells.

“As you head west, the beaches narrow, but the resorts spread out, resulting in more privacy. At its northern tip, Sanibel Island connects via a bridge over the Blind Pass to its tiny sibling, Captiva Island. Here, you will find resorts that have shores facing both the gulf, as well as the more protected Pine Island Sound, perfect for vacationers who will be arriving by water.

“Marinas are also available on the north side of Sanibel Island, opposite the resort-lined beaches. All the island’s resorts have amazing sunsets over the gulf and offer plenty of recreational activities for both families and adults.

“Choose your tropical getaway with our list of the top resorts on Sanibel Island.

“1. Sanibel Moorings Resort – Located on the eastern end of the island near Sanibel Lighthouse, the Sanibel Moorings Resort is a quiet getaway boasting a private beach with complimentary lounge chairs and umbrellas for guests’ use. Nature-lovers will appreciate the guided beach walks and shelling lectures conducted weekly by a marine biologist, as well as tours of the property’s six-acre tropical botanical garden, which includes a butterfly garden. Resort amenities include two heated pools plus a kids’ area with a separate pool, two tennis courts, a fitness center and business center, self-serve laundry, library, and resort-wide Wi-Fi. The resort also has rentals available for canoes, kayaks, and paddleboards, as well as bicycles, so you can easily explore the island. Pet-friendly units are available, and all lodgings include a full kitchen, his and hers sinks in the master bath, and a private screened porch. There are also dockside units available for those arriving by boat. Accommodation: Sanibel Moorings Resort

“2. Sundial Beach Resort & Spa – Condominium-style lodgings at the Sundial Beach Resort & Spa range from studios to three-bedroom suites equipped with full kitchens and on-site self-serve laundry facilities. Accommodations include a full breakfast, housekeeping, and complimentary use of equipment such as paddleboards and kayaks. In addition, the resort hosts recreational activities for all ages. Sports facilities include a fitness center, tennis courts, beach volleyball, and pickleball, as well as tabletop games like ping-pong and foosball. The resort is also home to an 18-hole golf course with club rental, and an on-site day spa that offers a full range of services. Live entertainment and refreshments are available at the resort’s swimming pools, and there are plentiful poolside cabanas and deck chairs to accommodate everyone. There are five restaurants on the property that offer everything from American fare to sushi, plus a convenience store with groceries and a gift shop. Check out the Sea Breeze Cafe, which is considered some of the best waterfront dining in southwest Florida. You can grab a table outside with gorgeous views, especially at sunset. There is also a pizza restaurant that is popular with families for its slices of pizza, hot dogs, and ice-cream scoops. Accommodation: Sundial Beach Resort & Spa

“3. West Wind Inn – The West Wind Inn offers a choice of standard guestrooms or kitchenette rooms, all of which come with a screened-in balcony or deck with views of either the Gulf of Mexico or the resort’s lovely tropical gardens. The property includes a peaceful butterfly garden and goldfish pond, a heated pool with a large deck and poolside entertainment and refreshments, and a private beach. For guests’ convenience, management provides a shell-cleaning area, as well as multiple faucets throughout, where guests can rinse the sand from their feet and shoes to keep the grit out of their rooms. Beach chairs and umbrellas are available for rent, and local activities like sightseeing cruises can be booked directly by the concierge. Other resort amenities include tennis, shuffleboard, self-serve laundry, free parking, and Wi-Fi. Those with mobility issues should request a ground floor room as there is no elevator. Accommodation: West Wind Inn

“4. Casa Ybel Resort – The all-suite Casa Ybel Resort sits on 23 acres along Sanibel Island’s Knapps Point, facing south over the gulf. Every suite is oceanfront and includes a full kitchen and outdoor gas grill; a separate living room with a pullout couch; and a screened balcony or lanai, so you can enjoy the ocean views bug-free in the evening. The resort offers many ways to make guests feel welcome and get the most out of their beach vacation, including group classes like yoga on the beach at sunrise and sunset and family activities, like s’mores and a bonfire or an outdoor movie in the evening. Both experienced and new tennis players will enjoy the six courts and optional lessons and clinics, and those who want to have fun in the water can take advantage of Jet Ski, paddleboard, and ocean kayak rentals. In addition to a large, heated pool with the convenient Coconuts Grill, there is a well-shaded kiddie pool with plenty of room for parents to relax. The resort also offers on-site dining at Thistle Lodge Beachfront Restaurant. Sanibel’s most historic dining establishment, it has hosted everyone from Henry Ford to Thomas Edison over the centuries. The fine-dining restaurant serves Floridian and European fare for brunch, lunch, and dinner and has special holiday menus as well. Other resort amenities include a range of spa services, including massages. These can be enjoyed in your room, at the pool, or on the beach. Accommodation: Casa Ybel Resort

“5. Island Inn – The eco-conscious Island Inn provides guests with all the amenities of a full-service resort without the extra fees, offering lodgings ranging from standard rooms with kitchenettes to fully equipped beach cottages that can accommodate up to 12 people. Set on 10 acres, the property sits in the central part of Sanibel Island and includes a private beach, where you can enjoy educational naturalist-guided tours. There is a convenient cleaning station for shell-collectors, as well as fishermen – you can cook your catch on one of the gas grills or opt to have the inn’s restaurant expertly prepare your fresh-caught meal. On-site recreational facilities include volleyball and tennis courts, shuffleboard, and horseshoes, while rentals are available for bicycles, as well as kayaks and paddleboards. For a break from the sun or to socialize on a cool evening, the library and family lounge offers a fireplace, television, computers, books, and games. Accommodation: Island Inn

“6. South Seas Island Resort – Occupying the entire northern section of Captiva Island, the South Seas Island Resort provides guests with everything they need to enjoy this island paradise. The property is so large that a trolley runs from one end to the other, and resort activities are nearly endless. In addition to a full-service marina, the resort’s Offshore Sailing School provides lessons and rentals, and several fishing and eco-tours depart from here as well. Guided nature walks throughout the 330-acre wildlife preserve offer a chance to learn more about the ocean life, birds, and ecosystem, while guests are free to roam the 2.5 miles of pristine beach. Kids’ and teen education programs are also offered, as well as many family activities, including crafts, games, and even crab racing. Camp Skullywags is open for half or full days to kids aged three to 11, perfect for giving them a change of pace and giving parents some alone time or a chance to relax at the full-service resort spa. There are an astounding 20 pools to choose from, including the main pool area, which features dining and live entertainment.

Other recreation includes a playground, tennis, volleyball, and an arcade room, as well as fishing and a wide array of water sports. The resort also boasts a private, nine-hole, par-27 golf course with a pro shop, and multiple dining options, including full-service restaurants; a gourmet market; an ice-cream shop; and, of course, a Starbucks. The resort has a wide range of lodging options to fit every need, including hotel-style rooms, condos of various sizes, and even beach home rentals with as many as six bedrooms. Accommodation: South Seas Island Resort

“7. ‘Tween Waters Island Resort & Spa – Located in the narrow central part of Captiva Island, ‘Tween Waters Island Resort & Spa has the ambience of “old Florida” hospitality. The 13-acre property faces the water on both sides, with a private beach to the west and a marina on Pine Island Sound to the west. The marina is available for guests’ private craft and also offers rentals, as well as guided eco-adventures. In addition to the beach, water bugs can enjoy the Olympic-size pool, the smaller Serenity Pool, a hot tub, and a kiddie pool for little ones. Other resort recreation includes tennis, pickleball, and kayaking, as well as crab races, karaoke, and live entertainment nightly. The resort spa offers a full range of services to help guests relax, and although there is no golf course on the property, guests are given a discount at a nearby golf club. There are a few different dining options on-site, including the award-winning Old Captiva House restaurant. It is a national historic landmark and is famous for its homemade breads, fresh Florida cooking, and locally sourced produce all served in a nautical setting. It is open for breakfast and dinner. Also on-site is the Crow’s Nest Grille. It features views of the Gulf of Mexico and island classics served in casual, family-friendly environs. Accommodation: ‘Tween Waters Island Resort & Spa”

Sanibel & Captiva Water Conservation Rules

Highlighted in the Winter 2020 issue of IWA Pipeline, Island Water reminded property owners that Sanibel’s permitted schedule for irrigation is:

Even numbered addresses – Tuesdays & Fridays
Odd numbered addresses – Mondays & Thursdays.

For Captiva, Lee County’s permitted schedule for irrigation is:

Even numbered addresses – Thursdays and Sundays
Odd numbered addresses – Wednesdays and Saturdays.

Sanibel & Captiva Islands Multiple Listing Service Activity December 4 – 11, 2020

Sanibel

CONDOS

2 new listings: Sandalfoot #3C3 2/2 $710K, Sandpiper West #1 3/3 $2.15M.

2 price changes: Sundial #F106 1/1 now $465K, Cottage Colony West #102 1/1 now $579,990.

6 new sales: Sundial #F205 1/1 listed at $419K, Sandalfoot #4B2 1/1 listed at $489K, Signal Inn #10 1/1 listed at $529K, Lighthouse Point #117 3/2 listed at $549K (our listing), Sanibel Moorings #441 2/2 listed at $585K, Loggerhead Cay #411 2/2 listed at $599K.

4 closed sales: Spanish Cay #F3 1/1 $310K (our buyer), Seashells #43 2/2 $427K, Loggerhead Cay #222 2/2 $570K, Sunset South #9D 2/2 $585K.

Sanibel River area aka Panama Canal behind Spanish Cay condos

HOMES

3 new listings: 1415 Sandpiper Cir 2/2 half-duplex $459K, 5757 Pine Tree Dr 3/2.5 $1.05M, 5391 Shearwater Dr 3/3.5 $1.795M.

3 price changes: 223 Southwinds Dr 3/2 now $719K, 1323 Seaspray Ln 4/4.5 now $1.875M, 418 Bella Vista Way 4/4 now $1.8959M.

6 new sales: 718 Durion Ct 3/2 listed at $599K, 9426 Sage Ct 3/3 listed at $995K, 3827 Coquina Dr 3/2 listed at $1.075M, 201 Violet Dr 3/2 listed at $1.1M, 735 Sand Dollar Dr 3/3 listed at $1.249M, 815 Birdie View Pt 3/3 listed at $1.395M.

6 closed sales: 2480 Library Way 3/2.5 $600K, 1125 Captains Walk St 3/3 $736K, 1467 Sand Castle Rd 3/3 $790K, 1720 Dixie Beach Blvd 3/3 $925K, 2957 Wulfert Rd 4/4.5 $1.475M. 1133 Golden Olive Ct 3/3.5 $2.3M.

LOTS

1 new listing: 3941 West Gulf Dr $3.695M.

No price changes.

1 new sale: 4566 Buck Key Rd listed at $149K (our listing).

4566 Buck Key Rd lot

1 closed sale: 5251 Indian Ct $600K.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Beach Homes #2 3/2 listed at $1.899M.

1 closed sale: Lands End Village #1659 2/2 $950K.

HOMES

1 new listing: 1105 Tallow Tree Ct 3/3 $2.45M.

1 price change: 11522 Andy Rosse Ln 4/4.5 now $2.495M.

1 new sale: 11540 Laika Ln listed at $1.29M.

1 closed sale: 16801 Captiva Dr 5/5 $2.049M.

LOTS

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

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

Until next Friday, Susan Andrews, aka SanibelSusan

A Different First Weekend In December on the Islands (2020)

Posted on December 4, 2020 by SanibelSusan

As Periwinkle Way sparkles at night, it sure is evident that the island December mood is festive even if social gatherings are discouraged and events tempered. We will miss Sanibel’s traditional Luminary tonight and tomorrow on Captiva but appreciate the extra decorating effort that makes an evening drive through the islands so special. Instead of the usual nighttime Luminary events, there are additional offerings and sales at many retail shops all week, from today through December 11.

I again took a quick spin this afternoon down to the lighthouse where the decorations are up, though the sky a little dismal from the next cool front that is arriving this afternoon (my photo below). That’s the 2nd cool front this week. The locals are so excited to wear long sleeves again! (It’s 73 degrees F now, but expected not to get out of the 60’s next Tues/Wed/Thurs.)

Here at SanibelSusan Realty, our listings have had more showings, more action items were completed for upcoming closings, and the team is working on an island-wide holiday mailing. The week’s postings in the Sanibel & Captiva Islands Multiple Listing Service follow a couple of news items below.

Good News on the Waterfront

Hooray! Yesterday, the City issued a press release that says: “The U.S. Army Corps of Engineers (USACE) Jacksonville District will start reducing outflows from Lake Okeechobee to the estuaries, starting Saturday, December 5. USACE will reduce releases from Lake Okeechobee gradually to allow time for the ecosystems of the Caloosahatchee and St. Lucie rivers and estuaries to adjust.

“Beginning December 5, USACE will begin the transition to dry season operations on Lake Okeechobee by implementing a 7-day release with a reduced average target flow for the Caloosahatchee Estuary of 3,000 cubic feet per second (cfs) as measured at the Moore Haven Lock & Dam (S-77). At the same time, the Corps will implement a multi-week release pattern for the St. Lucie Estuary, starting with a 5-day pause to allow for recovery of estuary health, followed by a 7-day average release of 1,500 cfs as measured at St. Lucie Lock & Dam (S-80) near Stuart….”

Sanibel – City Council, Shell Harbor, & COVID-19

City Council – At Tuesday’s City Council meeting, former councilor Jerry Muench was selected to fill the 3-month interim seat vacated by former Mayor Kevin Ruane when he ran (successfully) for County Commissioner. This seat and two others will be filled officially during the upcoming March election.

Also, at this meeting, councilors selected their new Mayor and Vice Mayor. Congratulations go respectively to Mick Denham and Holly Smith. Following those installations, Mayor Denham extended the island declared state of emergency due to COVID-19. Now it goes until December 8, 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.

Shell Harbor – Posted on the City’s website today: “Beginning Monday December 7th, the City of Sanibel will commence dredging of the entrance channel to the Shell Harbor Subdivision. The channel will remain open for use during dredging; however, there may be short periods of time when boat traffic will need to be stopped. Boaters are advised to be alert and aware of the construction operations taking place. Weather permitting, the project is expected to continue for approximately three weeks. Please PROCEED SLOWLY and CAUTIOUSLY through the area when dredging operations are underway. Contact the Community Services Department at 239-472-6397 if you have any questions regarding the Shell Harbor dredging project.”

COVID-19 – From Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 is 90.

Weeks-ending 3/29 through 11/29 – 36 weeks = 83 cases.

Cases since last Friday – 7 days = 7 cases.

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

Chapel by The Sea’s Christmas Eve Service

Chapel by the Sea’s Christmas Eve service has been canceled, but their lights are up and will be burning each evening until January 10, from 5:30 to 10 p.m. Always a popular spot for holiday photos, viewers are advised that masks are mandatory and social distancing (6’ apart) required.

Mortgage Rates Drop to 2020’s 14th Record Low: 2.71%

If you get an offer that has bank financing, stand by for a delay. With interest rates low, lenders are busy. Loan commitments are taking longer than usual, and many closings are occurring late. Below is an article by The Associated Press, posted yesterday on FloridaRealtors.org:

“It’s only a slight drop from last week’s 2.72%, but it’s enough to break another record. One year ago, the rate for a 30-year mortgage loan averaged 3.68%.

“WASHINGTON (AP) – U.S. long-term mortgage rates edged lower this week, reaching record lows for the 14th time this year against the backdrop of the pandemic-ravaged economy.

“Mortgage finance giant Freddie Mac said Thursday the average rate on the 30-year fixed-rate home loan slipped to 2.71% from 2.72% last week. By contrast, the benchmark rate stood at 3.68% a year ago. The average rate on 15-year fixed-rate loan declined to 2.26% from 2.28%.

“Home loan rates have trended downward through most of this year, bolstering demand from would-be homebuyers or people looking to refinance existing mortgages. But as Freddie Mac noted, home sales have stalled as the lack of available homes for purchase continues to stifle house hunters.

“Home prices have risen significantly in the past year as supply remains near historically low levels. In the latest sign that the economy and job market remain under stress from the resurgent viral outbreak, the government reported Thursday that the number of Americans applying for unemployment benefits fell last week to a still-high 712,000.”

‘Tis the Season for Predictions: Realtor.com Is First

Also posted this week on FloridaRealtors.org is the following article by Kerry Smith:

“Economists predict a 5.7% U.S. price increase and 7% growth in sales, but a closer look at 9 Fla. metros finds varying predictions. They range from a projected 1.5% sales growth (4.3% price) in Cape Coral-Fort Myers to 11.6% sales growth (4.7% price) along the Space Coast.

“ORLANDO, Fla. – What will the real estate market look like in 2021? In December, national economists start rolling out their predictions, with the first, realtor.com, publishing their expectations first.

Amid COVID-19 uncertainty, 2021 will be a robust sellers’ market for U.S. buyers as home prices hit new highs (+5.7%) and buyer competition remains strong, according to the realtor.com’s 2021 housing forecast. Their economist expects inventory to make a slow yet steady comeback, providing buyers with some relief. However, increasing interest rates and prices will make affordability a challenge throughout the year.

““The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” says realtor.com Chief Economist, Danielle Hale. “Buyers may finally have a better selection of homes to choose from later in the year but will face a renewed challenge of affordability as prices stay high and mortgage rates rise. With less cash and no home equity, millennial and Gen Z first-time buyers will be impacted the most by rising home prices and interest rates. While waiting until the fall or winter months of 2021 may mean more home options to choose from, buyers who can find a home to buy earlier in the year will likely see lower prices and mortgage rates.”

“Many of realtor.com’s predictions, however, assume the COVID-19 pandemic will be under control within the first half of the year. Realtor.com’s 2021 housing market forecast

· Mortgage Rates – Up to 3.4% by year end

· Existing Home Median Price Appreciation – +5.7%

· Existing Home Sales – +7.0%

· Single-Family Home Housing Starts – Up 9%

· Homeownership Rate – 65.9%

“Realtor.com also provides a breakdown of predictions by metro area, and it varies for the nine Florida metro areas included – from a projected 1.5% sales growth (4.3% price growth) in Cape Coral-Fort Myers to 11.6% sales growth (4.7% price growth) in the Palm Bay-Melbourne-Titusville metro area. 2021 predictions for Florida markets

· Cape Coral-Fort Myers: 1.5% growth in sales, 4.3% increase in prices

· Deltona-Daytona Beach-Ormond Beach: 5.4% growth in sales, 6.3% increase in prices

· Jacksonville: 9.4% growth in sales, 5.0% increase in prices

· Lakeland-Winter Haven: 5.1% growth in sales, 4.9% increase in prices

· Miami-Fort Lauderdale-West Palm Beach: 3.7% growth in sales, 7.1% increase in prices

· North Port-Sarasota-Bradenton: 10.3% growth in sales, 6.6% increase in prices

· Orlando-Kissimmee-Sanford: 10.1% growth in sales, 5.8% increase in prices

· Palm Bay-Melbourne-Titusville: 11.6% growth in sales, 4.7% increase in prices

· Tampa-St. Petersburg-Clearwater: 8.7% growth in sales, 7.5% increase in prices

“What 2021 will be like for buyers? Buyers will find some relief in 2021 as more homes hit the market, but many will struggle with affordability as home prices continue to rise. Mortgage rates will slowly rise toward 3.4% and no longer offset prices as much. The time it takes to sell a home will slow from the late 2020’s frenzy, the economists predict, but fast sales will remain in many parts of the country. It will also be more challenging than 2020 for first-time homebuyers.

“What will 2021 be like for sellers? Sellers will still hold the upper hand throughout 2021. Home prices won’t grow as fast as they did in 2020, but steady increases will continue to push them to new highs. Sellers who list can expect their home to sell relatively quickly in 2021. Many sellers who are also buyers should have their next home lined up before listing.

“Forecast 2021 housing trends: Millennials will continue to drive the market while Gen-Z become market players. Older millennials will likely be trade-up buyers while the larger, younger segment of the generation age into their key home buying years. The oldest members of Gen-Z will turn 24 in 2021 and their impact on the market will only continue to grow from here.

“Affordability will become a growing obstacle. Buyers in 2020 received a huge boost when mortgage rates pushed to new lows, but a lack of inventory and strong demand drove prices up, erasing most of that boost. Buyers will need to act with a sense of urgency if they want to lock in a low rate before home prices increase even more in 2021.

“Inventory will begin the slow road toward recovery. A lack of for-sale homes has plagued the U.S. housing market for the last five years. The problem intensified in 2020, in large part due to an estimated shortfall of nearly 4 million newly constructed homes heading into the year, as well as sellers pulling back due to COVID-19. The number of homes for sale is expected to slowly rebound in 2021, but the road to recovery will be long because the market has to make up for multiple years of declines. While additional homes will hit the market in 2021, it won’t be enough to tip the scales in favor of buyers.

“Suburbs will shine if remote work stays around. As COVID-19 lockdowns gripped many of the nation’s largest cities, it sparked intense buyer interest in suburban homes, further exaggerating a trend that had been slowly emerging over the last couple of years. The big question is what demand will look like once a coronavirus vaccine is widely available. If companies require workers to return to the office, demand may wane. Conversely, if companies commit long-term to remote work, demand for these homes could see an additional boost in 2021.

“Wildcards that could shake things up in 2021:

“COVID-19: The deck is stacked with wildcards for 2021. The most impactful will be the U.S.’s ability to control and contain the spread of COVID-19 as well as distribute a vaccine. Additional lockdowns and quarantines could put a dent in housing inventory and sales, slowing the market and putting increased pressure on buyers. Conversely, if a vaccine is rolled out quickly, it could lead to better than expected sales and a strong increase for home prices and inventory.

“Double dip recession: The possibility of a double dip recession is still in play for 2021. As the U.S. continues in a K-shape recovery, a gap is widening between those with and without jobs, as well as industries recovering well versus those seeing a continued lack of business. In the short term, this could lead to less consumer spending. In the long term, this could impact the U.S. housing market as “would-be” buyers disappear from the market, cooling demand and driving down home prices. The current question is how long the K-shape can diverge before the impact begins to cascade into the broader economy and other previously less-affected sectors such as housing.”

Sanibel & Captiva Islands Multiple Listing Service Activity November 27-December 4, 2020

Sanibel

CONDOS

2 new listings: Loggerhead Cay #261 2/2 $719K, Pointe Santo #D35 2/2 $795K.

2 price changes: Heron at The Sanctuary II #2B 3/3.5 now $749.9K, Sanibel Surfside #124 2/2 now $1.05M.

4 new sales: Sundial #D305 1/1 listed at $519.9K, Coquina Beach #1D 2/2 listed at $549K, Oceans Reach #4D1 2/2 listed at $859K, Sundial #L205 3/2 listed at $1.395M.

8 closed sales: Spanish Cay #F6 1/1 $280K, Sanibel Arms #B7 1/1 $342.5K, Blind Pass #B111 2/2 $420K, Seashells #26 2/2 $425K, Ibis at The Sanctuary #202 2/2 $476.5K, Loggerhead Cay #212 2/2 $560K, Sanibel Arms West #K6 2/2 $569K, Wedgewood #102 3/3.5 $2.425M.

HOMES

4 new listings: 1030 Kings Crown Dr 2/2 $879.9K, 3827 Coquina Dr 3/2 $1.075M, 735 Sand Dollar Dr 3/3 $1.249M, 837 Sand Dollar Dr 3/3.5 $2.095M.

3 price changes: 315 East Gulf Dr #212 3/2 half-duplex now $559K, 753 Nerita St 3/2 now $579K, 9441 Peaceful Dr 3/3.5 now $1.395M.

14 new sales: 1667 Atlanta Plaza Dr 2/1.5 listed at $425K; 1027 Sand Castle Rd 2/2 listed at $499K; 1001 East Gulf Dr 2/2 listed at $639K; 721 Durion Ct 3/3 listed at $649.9K; 1850 Farm Trl 3/2 listed at $699K; 705 Rabbit Rd 3/3 listed at $699K; 1610 Sabal Sands 3/2 listed at $714.9K; 9421 Moonlight Dr 3/2 listed at $775K; 3751 Coquina Dr 3/2 listed at $839K; 5835 Pine Tree Dr 3/2 listed at $844.5K; 1430 Sanderling Cir 4/3.5 listed at $870K; 1203 Kittiwake Cir 3/3 listed at $997,898; 1259 Par View Dr 3/4 listed at $1.175M; 2564 Wulfert Rd 4/5.5 listed at $1.929M.

5 closed sales: 1357 Jamaica Dr 2/3 duplex $540K, 3926 Coquina Dr 3/2 $755K, 4345 Gulf Pines Dr 4/4 $775K, 3351 Barra Cir 3/2.5 $1.165M, 1152 Buttonwood Ln 3/3.5 $1.6M.

LOTS

1 new listing: 9436 Beverly Ln $235K.

1 price change: 3354 Barra Cir now $365K.

1 new sale: 0 Bunting Ln listed at $229,555.

2 closed sales: 2279 Wulfert Rd $295K, 2142 Starfish Ln $400K.

Captiva

CONDOS

No new listings.

1 price change: Captiva Shores #7B 3/2.5 now $1.399M.

3 new sales: Tennis Villas #3212 1/1 listed at $320K, Sunset Beach Villas #2334 3/3 listed at $950K, Gulf Beach Villas #2028 listed at $1.085M.

1 closed sale: Gulf Beach Villas #2012 2/2 $765K.

HOMES

No new listings.

1 price change: 15138 Wiles Dr 6/5.5 now $6.195M.

No new sales.

1 closed sale: 16611 Captiva Dr 6/6.5 $4.75M.

LOTS

No new listings, price changes, or new sales.

1 closed sale: 11525 Murmond Ln $700K.

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

Until next Friday, enjoy the holiday decor! Susan Andrews, aka SanibelSusan

The Friday Before Thanksgiving 2020… on Sanibel & Captiva Islands

Posted on November 20, 2020 by SanibelSusan

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.

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

It’s a Tropical October on Sanibel & Captiva!

Posted on October 23, 2020 by SanibelSusan

It has been another beautiful sunny Friday on Sanibel after a few cloudy rainy days earlier in the week – from more tropical waves passing through SW Florida. Those were a reminder that hurricane season runs through the end of November, though this time of the year sunny afternoons start outnumbering the rainy ones. (Photos here taken yesterday by JMA Photography for our new listing at Mariner Pointe #411, ground-level bayview 3 bedroom.)

Sanibel & Captiva Islands Association of Realtors®

The Sanibel & Captiva Islands Association of Realtors® continues to be physically closed for group gatherings, but at our monthly Zoom membership meeting yesterday, we heard insurance updates from two affiliate members: David Arter with Private Client Insurance Services and Chris Heidrick with Heidrick & Co. Insurance & Risk Management Services. I took a few notes, though some of the news was not the best.

Chris Heidrick in discussing flood insurance reminded that all properties located in AE or VE flood zones that get a mortgage will need flood insurance as a loan requirement. The coverage must be enough for either replacement cost, $250K, or the amount of the loan. Regarding condominium master flood insurance policies, he said associations may buy a master policy that also covers the individual units (up to a maximum of $250K/unit). These do not cover contents. However, many (most) associations do not buy this additional coverage or up to the $250K/unit allowed, so buyers getting a loan need to be prepared to pay for supplemental or enough coverage to satisfy their loan.

In 2014, occupancy also became a factor in the cost of flood insurance. Grandfathering does not apply to occupancy, but basically a property that is owner occupied and not rented at all will pay a lower flood premium.

Properties build pre-FIRM (or before there were area Flood Insurance Rate Maps) may see increases as much as 25%. Pre-FIRM on Sanibel is property constructed before April 1975, before October 1984 on Captiva. With many flood insurance policies assumable, Realtors® were advised to get the insurance carrier and policy information from a seller when a property is listed.

Area flood maps also are in the process of being changed. The new preliminary maps show many VE areas (those with highest premiums) changing to AE (also a velocity zone, but less expensive as rated with less chance of flooding). This map change process takes time with the new maps likely not resulting in rate reductions for a year or two. (You can view these maps and look up your property at http://www.msc.fema.gov. Be sure and check, you may be surprised to see that a property is, or will soon be, eligible for a reduction.

Further regarding flood insurance, Chris advised that beginning in October 2021, properties will no longer be rated based on flood map or flood zone, but rather on a system called “Risk Rating 2”. This system rates a property based on its risk factors like type of construction/structure, actual elevation, proximity to water, etc. Flood maps will still be needed but will not determine the premium amount.

David said that up until about 2018, insurance providers were looser with their underwriting requirements. As an example, prior to that time, a shingle roof that was 15 years old was acceptable, sometimes even those 18 years old, provided they had three years of life left.

Today, with so many storm payouts since then, often because of lawsuits from 3^rd party insurance assignees, and Florida paying for the brunt of the claims, a single roof that is less than 10 years old now may be required. Premiums are increasing from 5% to as much as 30-40% (yikes).

Underwriting requirements are tighter with the best rates for properties built in 2014 or newer. For older properties, David’s advice is to mitigate them. Replace the roof, get opening protection (impact glass, shutters, on every opening), and ensure your roof has hurricane clips with three nails. (There are even local companies that specialize in this third nail.)

For new listings, Realtors® were advised to get the Wind Mitigation Report (in addition to the Elevation Certificate). Quizzed on what roof is best, David’s answer was “metal”, provide it meets 2001 building code.

David acknowledged that Florida Realtors® using RPAC dollars was instrumental in the recent reform on Assignment of Benefits, but more change is needed. Those legislative actions take time, with continued torte reform action needed.

RPAC Update – With a few weeks remaining in 2020, even with the many obstacles this year, the Sanibel & Captiva Islands Association of Realtors® already has raised over 400% of their RPAC goal. Always looking to get 100% participation from our members, there may be another push to get more contributors. Including from our RPAC Auction last week, over $22K has been raised this year – all to go toward preserving and protecting real estate and property rights. Congratulations to the two successful bidders that won SanibelSusan’s lobster dinners.

Sanibel & Captiva Islands Real Estate Statistics

As we work through the last quarter of the year, it is interesting to see how the market had rebound from those COVID weeks/months of lockdown. The benefits of island living are now more appreciated than ever. The below data as of today, proves it. Shown are the number and average price of the properties for sale now, those under contract, and those that have already sold and closed this year. Also shown are the statistics 2019 (in total) and the island often-referenced most recent “peak” year or 2006.

	Condos		Homes		Lots		All Residential
	#	Avg Price	#	Avg Price	#	Avg Price	#	Avg Price
Sanibel
For Sale	98	764,405	82	1,882,465	53	848,512	233	1,177,245
Under Contract	38	933,834	53	964,097	11	406,686	102	892,709
Sold 2020 thru 10/23	128	719,381	219	956,023	14	628,419	361	859,411
Sold in 2019	127	694,392	211	949,790	15	372,200	353	833,361
Sold in 2006	143	866,972	156	1,143,682	18	523,917	317	983,665
Captiva
For Sale	24	1,517,500	32	4,129,281	3	4,580,000	59	3,089,779
Under Contract	13	558,607	7	2,390,285	1	5,899,000	21	1,423,471
Sold 2020 thru 10/23	29	891,070	18	2,945,666	2	1,925,000	49	1,688,021
Sold in 2019	29	1,037,077	17	2,737,503	1	1,375,000	47	1,659,315
Sold in 2006	21	1,362,476	10	2,307,375	4	2,218,750	34	1,737,669

Note: Avg Price – shown in italics above for the properties “Available” & “Under Contract” – is average asking price.

The representation is based on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the author nor the Association guarantees or is in any way responsible for its accuracy.

The statistics show that more property has already sold (and closed) on the islands that in all of last year, with inventory low today, particularly for Sanibel homes. With homes, the entry-level and mid-range ones are moving best, while with Sanibel condos, it is the larger more residential variety that are the top sellers.

With last quarter usually when island sales pick up, it will be interesting to see what the next few weeks bring, particularly after the election which often creates a hiccup while voters are distracted. Seems the many distractions this year, including the pandemic have served to make island real estate more desirable. Fingers crossed that the investment variety with rental bookings start moving next, those usually follow residential sales.

City of Sanibel – Emergency Declaration, COVID-19

Again, this week, Sanibel’s Mayor extended the declared state of emergency due to COVID-19 until October 27, 2020, unless further extended. (Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven days and thus must be updated weekly as the emergency exists.) Additionally, the City face covering mandate was reaffirmed and remains in effect through the period.

Per the Florida Department of Health, Sanibel’s total accumulative number of COVID-19 cases since March 26 is 60. (There were just 50 cases during the initial six months, but there have been ten since the first of this month. Please stay vigilant – continue social distancing, hand washing, mask wearing, and avoid group gatherings.)

Help the Gopher Tortoises

The City of Sanibel Department of Natural Resources encourages participation in the Florida Fish and Wildlife Conservation Commission (FWC) tortoise conservation efforts. FWC launched a new interactive web application that functions on any device and records sightings. Click here to learn more and report a sighting.

Sanibel has a sizeable population of gopher tortoises and is listed as a threatened species and is protected by both state and local laws. Gopher tortoises are long-lived reptiles that occupy upland habitat throughout Florida. They did deep burrows for shelter, forage on low-growing plants, and share their burrows with more than 350 other species (therefore, referred to as a keystone” species) Gopher tortoises must be relocated before any land cleaning or development takes place, and property owners must obtain permits from the FWC before capturing and relocating tortoises.

The gopher tortoise is one of five North American tortoise species and is the only tortoise naturally found east of the Mississippi River. Its range includes from southeastern Louisiana east to southern South Carolina, and south to Florida, where they are found in all Florida counties.

It is a moderate-sized terrestrial turtle, averaging 9-11” in length when fully grown, though can reach up to 15”. It is identifiable by its stumpy elephantine hind feet and flattened shovel-like forelimbs covered in thick scales. Hatchlings (less than a year old) and juvenile tortoises tend to be yellow-orange and brown in color, but the bright color fades with age. The shell of an adult gopher tortoise generally is tan, brown, or gray.

They can live 40-60 years in the wild, though captive tortoises may live 90+years. The breeding season occurs between March and October. Females typically lay one clutch of 5-9 ping-pong ball-sized eggs per year with eggs deposited between May and July. They nest in open sunny locations frequently with a soft mound of sand at the entrance of their burrow (called a burrow apron). Egg incubation lasts 80-110 days with hatchlings emerging between August and November.

The life of a gopher tortoise revolves around its burrow where they spend 80% of their time. Burrows average 15’ long and 6.5’ deep, though have been documented reaching up to 40’ long and 10’ deep. The burrows help to regulate their body temperature, offer shelter from predators, and serve as refuge for other species including burrowing owls, Florida mice, indigo snakes, rabbits, gopher frogs, and more.

If you see a tortoise crossing a busy road, FWC grants permission to move it across the road in the same direction it was headed if it is safe for you to do so. Do not move the tortoise to another location or put it in a cage as this constitutes illegal possession.

To protect the community gopher tortoises and their habit, Sanibel property owners can:

Plant native vegetation for them to feed on.
Maintain open areas by trimming back woody vegetation that can “shade out” gopher tortoise burrows.
Leave existing gopher tortoise burrows undisturbed.

Sanibel & Captiva Islands Multiple Listing Service Activity October 16-23, 2020

Sanibel

CONDOS

5 new listings: Sanibel Arms #C5 2/2 $499K, Signal Inn #10 1/1 $529K, Sanibel Arms West #K7 2/2 $562.5K, Sundial #G204 2/2 $749K, Sundial #O405 2/2 $1.25M.

3 price changes: Seawind #A108 2/2.5 now $527K, Sandpiper Beach #205 2/2 now $815K, Pelicans Roost #106 2/2 now $959K.

6 new sales: Sanibel Arms #B1 1/1 listed at $419K, Sundial #F205 1/1 listed at $419K, Loggerhead Cay #332 2/2 listed at $549K, Somerset #A101 3/2.5 listed at $1.7M, Sanibel Sunset #201 3/2 listed at $2.195M, High Tide #B302 3/2 listed at $2.295M.

No closed sales.

HOMES

2 new listings: 915 Fitzhugh St 4/2.5 $945K, 685 Sea Oats Dr 3/2 $1.1425M.

4 price changes: 1684 Bunting Ln 2/2 now $519,555; 2001/2003 Mitzi Ln 6/6 duplex now $899K; 9426 Sage Ct 3/3 now $1.039M; 5439 Osprey Ct 4/3 now $1.769M.

8 new sales: 1001 East Gulf Dr 2/2 listed at $639K, 731 Durion Ct 3/2 listed at $737K, 543 Boulder Dr 3/2 listed at $799K, 1860 Ibis Ln 5/3 listed at $895K, 770 Elinor Way 3/2.5 listed at $899K, 549 East Rocks Dr 3/2.5 listed at $1.095M, 2957 Wulfert Rd 4/4.5 listed at $1.525M, 1133 Golden Olive Ct 3/3.5 listed at $2.269M.

7 closed sales: 1797 Serenity Ln 2/2 $430K, 5151 Sanibel-Captiva Rd 2/2 $447K, 915 Main St 2/1 $450K, 1031 Sand Castle Rd 3/3 $695K, 1671 Hibiscus Dr 5/3 $1.05M, 676 Gopher Walk Way 4/5 $1.4445M, 2323 Starfish Ln 4/4 $2.415M.

LOTS

1 new listing: 2933 Wulfert Rd $359K.

No price changes.

1 new sale: 5627 Baltusrol Ct listed at $289K.

1 closed sale: 9226 Kincaid Ct $122K.

Captiva

CONDOS

1 new listing: Sunset Beach Villas #2314 2/2 $779K.

1 price change: Lands End Village #1634 3/3 now $2.345M.

2 new sales: Bayside Villas #5136 1/2 listed at $399K, Beach Villas #2525 2/2 listed at $760K.

3 closed sales: Bayside Villas #5110 1/2 $350K, Bayside Villas #5304 3/3 $639K, Captiva Shores #C6 2/2 $1M.

HOMES

No new listings or price changes.

1 new sale: 11515 Gore Ln 5/4.5 listed at $2.395M.

No closed sales.

LOTS

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

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

Until next Friday, Susan Andrews, aka SanibelSusan

Sanibel & Captiva Scoop – Columbus Day Weekend

Posted on October 9, 2020 by SanibelSusan

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.

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

Enjoy your weekend! Susan Andrews, aka SanibelSusan

First Fall Friday on Sunny Sanibel

Posted on September 25, 2020 by SanibelSusan

There has been chatter this week that the run-off from recent rains has darkened the baywaters. Took this pix today at 11 a.m. overlooking San Carlos Bay. It’s a bit darker from the tannin run-offs, but there have been no releases from Lake O. The Army Corps of Engineers says there will be no releases into the Caloosahatchee River for now.

Good news today from sunny Sanibel Island. The flooding from Tropical Storm Sally has mostly disappeared. The rain that flooded the area the weekend of September 12 dropped more than 24”, culminating an already rainy week. It was a record according to a report this week by Sanibel’s Director of Community Services who categorized it as a 100-year event. Sanibel’s weirs, designed to deal with flooding, were opened that weekend when 12.1” of rain fell in one day on already soggy ground.

An added surprise from this week’s change in weather pattern was low humidity, breezy sunny days, and little rain – nice weather for the many shellers collecting the bounty that came in from the recent storms.

A few showers are expected off-and-on over the weekend, but next week, little-to-no-rain again is expected with more sunny days and low 80-degree temperatures forecast. Fall is arriving in the Sunshine State.

High tide at Sanibel Marina this morning.

Outside dining at Gramma Dot’s.

At SanibelSusan Realty Associates

It has been a quiet week at SanibelSusan Realty. About all I can say about the Zoom class, that I taught Tuesday at the Association of Realtors®, is that I am glad it is over. It sure is hard to teach to an empty room and keep attendees engaged. With renewed respect for teachers and instructors dealing with today’s challenges, I appreciate the Realtors® that attended my session.

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

Status of Sanibel’s Residential Market

Based on recent action (more than usual for September), it is a good time to compare island real estate sales last year to the unusual-ness of 2020.

The tables below show by month and property type, the number of closed sales and average sale prices. Naturally, a closing occurs several weeks and sometimes a month or so after a contract is written so look at these statistics being mindful that contracts written this month, probably will not close until October, November, maybe even December.

The first tables for Sanibel homes show how strong this year began, followed by a big slump in May. That reflects the few new sales in the preceding months (late February, March, & April) which typically are “high” season and have strong sales – not so this year.

Since June, the number of closed home sales each month has exceeded the same month in 2019. Year-to-date numbers are strong. Home prices overall are down a little but holding steady. Already, this year, more homes have sold and closed, than in all of last year.

Closed Sanibel Home Sales by Month (# Sales & Average Sold Price $)
	January		February		March		April		May
2020	15	848,755	18	1,095,708	25	1,171,820	30	1,097,441	9	732,388
2019	9	1,057,222	11	1,504,590	18	947,923	31	848,458	40	1,010,454

Closed Sanibel Home Sales by Month (# Sales & Average Sold Price $)
	June		July		August		September to 24		Year-to-Date
2020	14	716,460	39	804,765	21	959,805	20	961,160	191	953,193
2019	14	797,692	25	871,282	9	819,222	10	978,170	167	957,429

Comparing these Sanibel homes sales to current inventory, it really is astounding that even with the pandemic, 191 have sold/closed. Compare that to there just being 82 homes available for sale now. Average asking price is $1,838,648.

Another 59 homes are under contract, average asking price of those is $985,760. That large number of sales compared to inventory, indicates a sellers’ market, particularly in the median price range.

Looking at the same statistics for Sanibel condos, the picture is not as bright. Condos are moving more slowly, yet still ahead of 2019 overall. Those moving best are higher-end units mostly in residential communities. Income-producing condos have not seen a bounce-back. Investors may be wary of future rental projections, but I bet that changes in the upcoming months.

Today, there are 106 Sanibel condos for sale, which is about a year’s worth of inventory. Average asking price is $790,741. There are 27 units under contract, with an average asking price of $850,525.

Closed Sanibel Condo Sales by Month (# Sales & Average Sold Price $)
	January		February		March		April		May
2020	11	650,060	16	621,093	19	880,947	16	670,150	9	901,000
2019	6	626,875	9	622,944	16	586,312	16	744,203	20	792,350

Closed Sanibel Condo Sales by Month (# Sales & Average Sold Price $)
	June		July		August		September to 24		Year-to-Date
2020	6	622,666	14	598,642	10	792,622	13	724,769	114	720,375
2019	10	650,350	8	414,500	9	793,555	5	568,800	99	669,782

Year-to-date, nearly twice as many homes have sold as condos. Even more of a disparity between homes and condos was evident during the summer (June 20-September 20, 2020). During that time, 88 Sanibel homes sold and closed, compared to 22 Sanibel condos. That trend continued this week too. Lower-priced Sanibel homes are selling like hotcakes, condos not so much.

Great Places Where Beginning Birders Can Get Their Wings

A special to USA Today this week posted an article that began with “While most of us have stuck close to home this year, bird watching has taken flight. The outdoor activity, which naturally encourages social distancing, has soared in popularity… wildlife refuges and parks make it easy to see a wide variety of flyers and shares some prime locations:”

First on the list is J.N. ‘Ding’ Darling National Wildlife Refuge.

But this week it did not require a ride through the refuge to see my favorite roseate spoonbill. Many were spotted sloshing along the bike path in a few areas where the water has yet to recede.

City of Sanibel

Again, this week, Sanibel Mayor Ruane extended the declared state of emergency due to COVID-19 until September 29, 2020, unless further extended. (Per State Statute, the maximum duration for a Mayoral Declaration of Emergency is seven days and thus must be updated weekly as the emergency exists.)

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

In other City Business, City Council will meet on September 29 at 5:01 p.m. for the final budget hearing for tax year 2020. That is when the debt service ad valorem millage rates for the tax year are adopted. That means the 2020 tax bills should come out on time, later next month.

COVID Personal Protective Equipment Kits

The City of Sanibel has received an allotment of COVID Personal Protective Equipment (PPE) from Lee County, and has partnered with FISH OF SANCAP, CHR, The Rotary Club of Sanibel-Captiva, and the Sanibel Community Association (SCA) to distribute these items on Wednesday September 30 and Thursday October 1st from 11 a.m. to 5:00 p.m. at The Community House, 2173 Periwinkle Way, with drive-thru contactless pick up. Kits are FREE to individuals and households that live or work on Sanibel. They include disposable masks, reusable cloth masks, and a bottle of sanitizer. (To help in the distribution, contact FISH at 239-472-4775.)

Openings & Fall Scoop

Sanibel Farmers Market – begins October 4 and runs through May 30, 2021 every Sunday (including Easter) from 8 a.m. to 1 p.m., on City Hall grounds. Parking available in lots at City Hall, Sanibel Library, BIG ARTS, & Schoolhouse Theater. Handicap parking & designated areas for bicycles at City Hall, but no pets allowed.

“B” Beach Parking Permit Sales to Resume – Following up on the suspension of the sale of “B” parking permits when beaches were closed, the City announced plans to start reselling all stickers at their normal schedule of November 1. The City offers five different parking permits. The resident “A” sticker is $12/year for taxpayers and property owners. Restricted “B” permits, for nonresidents, are $124.

Sanibel & Captiva Islands Multiple Listing Service Activity September 18-25, 2020

Sanibel

CONDOS

5 new listings: Sandpebble #2B 2/2 $480K, Mariner Pointe #1043 2/2 $490K, Sandpiper Beach #401 2/2 $789K, Sanibel Surfside #123 2/2 $935K, Sanibel Surfside #124 2/2 $1.05M.

2 price changes: Pointe Santo #A1 2/2 now $875K, Sanddollar #A101 2/2 now $1.15M.

6 new sales: Donax Village #10 1/2 listed at $358K, Sundial #I405 1/1 listed at $419K, Lighthouse Point #229 3/2 listed at $712K (our listing), Pointe Santo #D32 2/2 listed at $749K, Blue Gulf 201 3/2 listed at $1.199M, Sunward #201 3/2 listed at $1.259M

9 closed sales: Spanish Cay #A3 1/1 $280K, Casa Blanca #4 1/1 $337K, Seashells #36 2/2 $365K, Cottage Colony West #134 1/1 $575K, Sunset South #2D 2/2 $675K, Sanibel Surfside #126 2/2 $750K, Sanctuary Golf Villages I #5-4 3/3 $760K, Shell Island Beach Club #7C 2/2 $760K, Sanibel Moorings #522 3/2 $1.25M.

HOMES

1 new listing: 916 Almas Ct 3/3.5 $1.39M.

1 price change: 555 Rabbit Rd 3/2 now $599K.

17 new sales: 1403 Sandpiper Cir 3/2.5 half-duplex listed at $490K; 9455 Beverly Ln 2/2 listed at $524K; 1410 Sand Castle Rd 2/2 listed at $645,750; 1031 Sand Castle Rd 3/3 listed at $695K; 934 Cormorant Cir 3/2 listed at $729K; 1296 Par View Dr 3/3 listed at $749K; 9393 Peaceful Dr 3/2.5 listed at $799K; 702 Durion Ct 3/2 listed at $819.9K; 1430 Sanderling Cir 4/3.5 listed at $899K; 1081 Captains Walk St 4/2.5 listed at $995K; 1259 Par View Dr 3/4 listed at $1.175M; 490/460 Old Trail Rd 3/2.5 listed at $699.9K; 1073 Sand Castle Rd 3/2 listed at $795K; 1777 Serenity Ln 5/4.5 listed at $919K; 6041 Sanibel-Captiva Rd 2/1 listed at $949K; 1259 Par View Dr 3/4 listed at $1.175M, 2343 Wulfert Rd 4/4.5 listed at $1.42M.

8 closed sales: 9214 Kincaid Ct 2/2 $355K, 560 Piedmont Rd 3/2 $450K, 454 Lake Murex Cir 3/2 $610K, 9106 Mockingbird Dr 3/2 $700K, 345 Cowry Ct 3/4.5 $722.5K, 940 Lindgren Blvd 3/2 $935K, 1329 Eagle Run Dr $1.28M, 4577 Waters Edge Ln 4/3 $2,754,333.

LOTS

No new listings.

1 price change: 1303 Par View Dr now $310K.

1 new sale: 2501 Tropical Way listed at $695K.

No closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5134 1/2 $399K.

No price changes.

No new sales.

1 closed sale: Bayside Villas #5234 1/2 $390K.

HOMES & LOTS

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

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

Until next Friday, enjoy your fall! Susan Andrews, aka SanibelSusan

Paradise Post-Sally… Just Another Sunny Friday!

Posted on September 18, 2020 by SanibelSusan

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

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

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

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

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

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

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

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

At SanibelSusan Realty Associates

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

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

City of Sanibel

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

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

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

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

SCCF’s Turtle Patrol

SCCF Photo

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

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

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

Openings/Closings/September Scoop

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

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

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

Joey’s Custard – closed through Sep 30.

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

Paper Fig Kitchen – closed through Sep 20.

Schnapper’s – closed through Sep 20.

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

No new listings.

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

No new sales.

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

Captiva

CONDOS

No new listings or price changes.

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

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

HOMES & LOTS

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

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

Until next Friday, Susan Andrews, aka SanibelSusan

Sanibel – COVID-19

How the Coronavirus Is Changing Buying & Selling Real Estate

400 Rabbits Is Open

Sanibel & Captiva Islands Multiple Listing Service Activity December 25 – January 1, 2020

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Holiday Celebrations Around the World

Sanibel – COVID-19

Sanibel & Captiva Islands Multiple Listing Service Activity December 18 – 25, 2020

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Sanibel & Captiva Islands Association of Realtors®

Sanibel – COVID-19

The Island Store Celebration

Stabilization Project Expanded for Causeway

Holiday Closings

Year-to-Date (through Dec 18) Sanibel Residential Real Estate Stats

Sanibel & Captiva Islands Multiple Listing Service Activity December 11 – 18, 2020

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Sanibel – COVID-19

Pandemic Didn’t Change Work Model So Much as Accelerate It

Mortgage Unchanged From Last Week’s Record Low

7 Top-Rated Resorts on Sanibel Island, FL

Sanibel & Captiva Water Conservation Rules

Sanibel & Captiva Islands Multiple Listing Service Activity December 4 – 11, 2020

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Good News on the Waterfront

Sanibel – City Council, Shell Harbor, & COVID-19

Chapel by The Sea’s Christmas Eve Service

Mortgage Rates Drop to 2020’s 14th Record Low: 2.71%

‘Tis the Season for Predictions: Realtor.com Is First

Sanibel & Captiva Islands Multiple Listing Service Activity November 27-December 4, 2020

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At SanibelSusan Realty Associates

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

Work Space, Outdoor Living, & The Burbs

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

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

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Sanibel & Captiva Islands Real Estate Statistics

City of Sanibel – Emergency Declaration, COVID-19

Help the Gopher Tortoises

Sanibel & Captiva Islands Multiple Listing Service Activity October 16-23, 2020

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Sanibel & Captiva Islands Association of Realtors®

City of Sanibel

Other Upcoming Events & Openings/Reopenings

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At SanibelSusan Realty Associates

Status of Sanibel’s Residential Market

Great Places Where Beginning Birders Can Get Their Wings

City of Sanibel

COVID Personal Protective Equipment Kits

Openings & Fall Scoop

Sanibel & Captiva Islands Multiple Listing Service Activity September 18-25, 2020

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