Sanibel Real Estate Blog: May 2017 Looked Good!

The home sales numbers have been tallied for May and the median price is up to #239,000 statewide. That is a 7.7 % increase from last year at this time. The condo statewide median price is now $178,000- that’s an 8.1 % increase over last year.

Sales of single family homes statewide totaled 27,850, up 7.6% compared to May 2016. Condo sales totaled 11,538 in May 2017, giving us an 8% increase over last year at this time.

May is traditionally a big month for closed sales in Florida- as a culmination of the contracts gone pending in Feb and March with the second home market.

Look for our Sanibel real estate stats next week! Buying or selling Sanibel real estate, have a look at www.chuckandrews.com where you can find all area listings. Give us a call to discuss the market anytime.

 

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