Sanibel Real Estate Blog: 2015 was a good year!

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 from 2010-2012. In the “good old days” this would have translated in to significant price increases, but “these days” the increases are modest.

A snapshot of the last 10 years from our board stats shows the peak sales period(condos and single family homes) was 2006 and bottom was 2012. Since then we have seen modest price increases with overall values just a bit higher than 2008. All in all, it’s a healthy market. The record low inventories should provide for an interesting winter season.
Stay tuned!!

If you want to be a part of this interesting Sanibel real estate season, give us a call at 239-849-3396, or check out our listings at www.chuckandrews.com, as well as all Sanibel real estate listings.

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