Sanibel Real Estate Blog: Sales are Hanging in There!

Despite the water crisis in Southwest Florida, real estate sales have hung in there!

The July area (LEE County)  results show sales of single family homes were up by 9.1%, with 1165 closed sales compared to 1069 in 2017. Nice increase in median price too with the July median price being $255,000 compared to $235,675 last year.

Sales in condos were slightly up to by 5.7%, with 500 condos sales this year compared to 473 last year. Median prices were about the same at $177,500 compared to $178,000 last year.

If you are interested in the Sanibel real estate market and how we can be of service, check out our listings at www.chuckandrews.com or give us a call for an update anytime!

Leave a Reply