Archive for the ‘Market News’ Category

Sanibel Real Estate Blog: the 4th of July on Sanibel

Thursday, June 30th, 2016

NO shortage of activities on Sanibel Island this 4th of July! Start your day with a pancake breakfast and Sanibel Community Church, served 7:30-9:30. Then head down Periwinkle and catch the amazing 4th of July parade. What to try a road rally? Head to Timbers Restaurant and 12 and sign-up. Spend some time walking the […]

Sanibel Real Estate Blog: Oops, sales down.

Wednesday, April 27th, 2016

The number of sales reported in the Sanibel MLS is down 28% from this time last year. We feel this is partly due to record low inventory (down 25%!) from the last two year average. There has been  a slight increase in median prices, so the market is seemingly back to normal. If the Sanibel […]

Sanibel Real Estate Blog: February Lee County update

Wednesday, March 23rd, 2016

The stats are gathered for February and it seems we have hit a bit of slump in Lee County. Closed sales in February amounted to 825 home sales and that was down 12.5% from last year. February was however the 51st consecutive month of a median home price increase, now up to $ 216,800 (from […]

Sanibel Real Estate Blog: Tax credits for homeowners

Thursday, March 3rd, 2016

Sanibel real estate homeowners: Are you getting all of the tax credit you deserve on home improvement this year? Homeowners can earn up to $500 on their return by taking into account small upgrades made last year, including: Biomass stoves Heating, ventilation, and air conditioning Advanced main air-circulating fans (tax credit amount of $50) Insulation […]

Sanibel Real Estate Blog: Florida January Sales Strong

Wednesday, February 24th, 2016

From the Florida Association of Realtors: Florida’s housing market saw rising median prices, fewer all-cash closed sales and a tight inventory of for-sale homes in January, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 16,529 last month, up 2.7 percent over the January 2015 figure. “Florida’s […]

Sanibel Real Estate Blog: 2015 was a good year!

Thursday, February 4th, 2016

2015 was a pretty good year from a real estate standpoint. Our Sanibel Board of Realtors stats show a 12 % increase in sales over 2014 with a slight increase in prices over that same time. 2016 began with low inventories. We were 20% lower than 2015 and 55% lower than the 3 year average […]

Sanibel Real Estate Blog: Just in From the NAR

Wednesday, January 13th, 2016

WASHINGTON – Jan. 12, 2016 – Following the housing market’s best year in nearly a decade, existing-home sales are forecast to expand at a more moderate pace in 2016 as pent-up buyer demand combats affordability pressures and meager economic growth, according to National Association of Realtors®(NAR) Chief Economist Lawrence Yun. In an NAR video, Yun […]

Sanibel Real Estate Blog: SONGWRITER FEST!

Thursday, September 17th, 2015

Don’t miss out on the second annual Island Hopper Songwriter Fest taking place today through Sept. 27. The lineup includes some of Nashville’s biggest hitmakers with 70 performers, 138 performances and 24 venues. In addition to performances on Captiva and Ft. Myers beach, downtown Ft. Myers has been added as a venue. Kristian Bush, Jana […]

Sanibel Real Estate blog:Healthy Market!

Tuesday, August 18th, 2015

An  interesting article in the 8/15 Fort Myers News-Press, for all of you interested in buying or selling Sanibel real estate. Lee County sales were up more than 9 percent as compared to the same time last year. Collier’s sales were down slightly. The two factors that contribute to Lee’s performance are affordability and inventory. […]

Sanibel Real Estate Blog:Dr. Beach Top 10

Friday, May 22nd, 2015

Well, Sanibel didn’t make it this year but two area beaches: Barefoot Beach was ranked number 2 and Delnor-Wiggins  Pass State Park ranked number 9. Both of these beaches are in northern Collier County. This is not the first year these beaches have made Dr. Beach’s list. If you are interested in the number one […]