Sanibel Real Estate Blog: DECEMBER Stats

The Florida Gulf Coast Realtors just released the county wide stats for December and there appears to be a drop in sales. Closed sales were down for both Single family homes (5.5%) and condos (10.3%).

Good news though- median sales price continues to climb year over year. December 2016 saw a median sales price of $249,900 for a single family home while in 2015 it was $230,000. Condo sales prices were up about 2.5%

A significant increase in active listing this December with 5463 home listings (that’s up 11.4%) and 2371 condo listings (that’s up 37.5%).

The good news would be for buyers! More inventory generally translates into  more negotiating on the price. So if you are looking for Sanibel real estate and ready to negotiate- give us a call at 239-849-3396 or check out our listing at www.chuckandrews.com

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