Archive for the ‘Sanibel Real Estate’ Category

Sanibel Real Estate Blog: Summer Doldrums!

Wednesday, August 3rd, 2016

IN spite of being the hottest summer we can recall, the real market has cooled off a bit since 2015. Still healthy- just not robust! At this point in the summer, closed sales are down 25% year to date. With 261 closed sales so far this year we are only about half way to the […]

Sanibel Real Estate Blog: June sales info

Monday, July 25th, 2016

The June sales numbers are in for Lee County and it looks like we took a drop in actual sales but there was another uptick in prices. WE had 1177 closed single family home sales in Lee in June and last June we saw 1342 closed sales. There was a jump in the median price […]

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: Florida Sales & Listings Rise

Friday, June 24th, 2016

May stats are in and the state of Florida has a good month. Closed sales of single family homes were up 4.5% over the May 2015 figure. Meanwhile, those of you checking out Sanibel real estate will find the Lee County numbers ever so slightly down at 0.1 % lower than last year (that is […]

Sanibel Real Estate Blog: A Note From Chuck

Tuesday, June 14th, 2016

Chuck has been reviewing the  Sanibel real estate stats as of this week and he has this to say: Compared to this time last year our closed sales are down 21%. Home sales are down 23% and condos are down 13%. Our listing inventory is up 9% since January 1 and that is partly due […]

Sanibel Real Estate Blog: April Stats

Thursday, May 26th, 2016

April was another month of fewer closed sales in the Lee County housing market. IN April, there were 1216 closed single family home sales compared to 1325 last year. Condos were down as well with 699 condos sold compared to 774 last year. Prices however, continue to rise. The median price for  a single family […]

Sanibel Real Estate Blog: 30 Million Visitors!

Wednesday, May 18th, 2016

Statewide, Florida smashed its first-quarter visitor record, welcoming an estimated 29.8 million tourists in the first quarter of 2016. That’s a 4.8% increase in 2015 (the previous record). We say, ” C’mon down!” And if a visit to the area entices you to check out Sanibel real estate: visit our website for Sanibel real estate […]

Sanibel Real Estate Blog: Sanibel SMASH!

Wednesday, May 11th, 2016

The biggest recorded sale in Sanibel Island history just happened at 3421 West Gulf Drive for $6.837  million. That tops every single-family home ever for sale on Sanibel. This home is very unique, built in 2007 by the Wolter Group and checks in at 5534 sq. ft. Of course it is right on the Gulf […]

Sanibel Real Estate Blog: Average Hurricane Season Expected

Thursday, May 5th, 2016

The Colorado State University hurricane researchers are predicting a near -average season as we begin 2016 season on June 1. They are predicting 12 named storms- of those they predict five to become hurricanes and 2 to reach major hurricane strength with sustained winds of 111 mph or greater. They will issue updates on June […]

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 […]