Sanibel Real Estate Blog: A Note From Chuck

Chuck has been reviewing theĀ  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 to the slow sales activity.

The good news is that the median sales price for both homes and condos is up 8%. With smaller inventories and good comp sales, sellers are staying closer to their asking price than previous years.

Call Chuck Andrews to review the Sanibel real estate market anytime or check out our listings at www.chuckandrews.com

 

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