Sanibel Real Estate Blog: Some Sanibel/Captiva Stats

Just updated stats on Sanibel real estate and we would like to share the results. As of Nov. 14, 2016: They have been 185 closed home sales and 142 closed condo sales. There are 22 pending home sales and 17 pending condo sales- most likely they will close before the end of year. That will put us right in line with 2015 which ended up with 236 home sales and 175 condo sales.

The median price at this point (and this is Sanibel only- not Captiva) is up 7.86% over last year at $ 755,000. For condos at $584,325, the increase of 1.45% wasn’t as much but we still are hanging in there.

What does this all mean: we have returned to a “normal” market and should remain stable through 2017.

As always we are happy to help with all of your Sanibel real estate questions. Check out our website at www.chuckandrews.com or give us a call to discuss anytime .

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