Real Estate News

All About Sanibel and Captiva Real Estate

Sanibel Market Stats: March 2012 YTD

The Sanibel real estate market showed continued improvement in March. Buyers are active and we are seeing many more transactions than the previous few years. Significantly, when comparing the year-to-date period ending in March to 2011, the average sales price is up 17%, from $681k to $800k. The total number of transactions is up 20%, […]

Avoid Condo Catastrophe

Sanibel will never have highrise condos. Why does this matter? Consider the story of my buddy Rob. He grabbed a great deal on an older condo on Miami Beach early in the boom. Luxury condos were built on either side and were selling for big bucks. Rob was happy that he got in first. Surely, […]

Buyers Swarm Sanibel as Bargains Abound

Despite the rush of transactions this year, buyers are still finding bargains as motivated sellers seem more willing to deal. February continues the recent trend of dramatically increased transaction volume on our islands as prices and interest rates remain low. The single family home market continues to show more improvement than condominiums; however, both are […]

Manatee Encounter [Video]

Several years ago, we went on our first kayak outing with the kids. Andrew (then about 6 years old) was in the tandem kayak with me as we drifted alongside what looked like a big log floating in the water. Both of us were startled as the log turned and a huge manatee (dwarfing our […]

Gulf Coast Real Estate Leading Turnaround

Here on Sanibel Island, we are experiencing a dramatic increase in interest and real estate transactions since 2012. But interest has been growing throughout 2011. Below are links to recent news reports of interest to the Sanibel Island real estate market: Florida Markets Dominate REALTOR.com Top Ten Turnaround Report Realtor.com’s Top 10 Turnaround Town Report, […]

New Listing: Olde Florida Style with Boating, Beach and Pool

This bright and airy island retreat provides the amenities we all love. Relax in the sun at your beautiful waterfront pool. Lower your boat into the extra wide canal and take a quick trip out to the bay. Or simply stroll to the end or the street and enjoy a great Sanibel beach. When your […]

Huge Activity in Sanibel Market

Sanibel real estate sales in January beat the last 7 years. I believe this is because buyers are responding to the recently reduced prices on the island. If you have been considering a purchase on Sanibel, now may be the right time to act. I’ve noticed that the under $600k market seems particularly in demand. […]

Just Listed! Mod Island Escape

Nestled at the end of a quite cul-de-sac just one lot from the bay, this mid-century ranch was built to let the outside in with ample sliding glass doors in every room. Ocean breezes and modern tropical decor set a relaxed ambiance to chill out with your mojito in hand. Add a pool to the […]

Sanibel Sales Up 37% in 2011

Buyers have returned to Sanibel. 2012 has had a busy start and a review of the final numbers from 2011 show we had a significant improvement over 2010. Sanibel Island sales volume is up 37% over 2010 as per the Sanibel-Captiva MLS. This accompanies the news that values have continued to stabilize. I’ve summarized the […]

Does Biggest Discount = Best Value?

At some time, we have all picked through the clearance rack and found nothing worth buying. Items with big discounts are often overpriced to begin with. This holds true for real estate as well. But some buyers continue to focus on the mark-down, not the intrinsic value of the property. I believe this is a […]