Archive for the ‘Sanibel Real Estate’ Category

Sanibel Real Estate Blog: Florida Real Estate Stats for September

Friday, October 21st, 2016

Reprinted from the Florida Real Estate Board info: Florida’s housing market had more new listings, higher median prices and fewer all-cash closed sales in September, according to the latest housing data released by Florida Realtors®. Tight inventory continues to impact the state’s housing market, noted Florida Realtors Chief Economist Brad O’Connor. Closed sales of single-family […]

Sanibel Real Estate Blog: Median Price up a Bit

Friday, September 23rd, 2016

August stats for Lee County have just been released and the median price for a single family home is currently $225,000, up 11% from last August. There was also a huge jump in sales in the over one  mill category of 80% with 27 homes sold in that range this past month. Closed sales for […]

Sanibel Real Estate Blog: New-home sales climb

Wednesday, August 24th, 2016

The AP has just reported that Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years. Thank you to low mortgage rates! New-home sales jumped 12.4 % last month- the best jump since October 2007. The demand has eclipsed the pace of construction, just 4.3 months of […]

Sanibel Real Estate Blog: Floridians are Happy!

Wednesday, August 10th, 2016

HomeAdvisor surveyed 17,629 homeowners last spring across the country asking questions designed to see how happy they were in their homes. Florida ranked six in happiness only to be outranked by California, Washington, New Mexico, Colorado and Arkansas. The least happy states were Maryland, Indiana, New Jersey and Delaware. So c’mon get happy! Check out […]

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 […]