Sanibel Real Estate Blog: Median Price up a Bit

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 August were also up in single family sales by9.3% but down in condo sales by 4.1.

Active listings have risen as well, so we may see a tightening on the prices. 41% more condos for sale this August and 16% more single family homes.

Get the up to date scoop on all Sanibel real estate listings by calling Chuck Andrews, Re/Max of the Islands (239-849-3396)  or check out our website at www.chuckandrews.com.

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