• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
(239) 472-1950 Login
Sanibel Real Estate Guide Logo

Sanibel Real Estate Guide

Find your Sanibel Home and Learn About Life on Our Island

  • Find Your Home
    • Real Estate Search
    • Island Condo Guide
    • Sanibel Map Search
  • Island Info
    • Island Living
    • Real Estate News
    • Sanibel & Captiva Market Report
    • Owning Vacation Rentals
    • Retiring On Sanibel
    • Sanibel New Resident Guide
  • About
    • Who We Are
  • Contact Us
  • Show Search
Hide Search
Home/Real Estate News/What’s the Average Price Discount on Sanibel Homes?

What’s the Average Price Discount on Sanibel Homes?

Typically, buyers are receiving a 5-6% discount from the list price on the purchase of single family homes on Sanibel Island. In fact, 5.8% was the average sales price discount for Sanibel Single Family Homes over the past five years (2014-2018).

Beautiful pool at a home on Sanibel Island

What do we mean by discount?

Yes, just like clothes shopping… we’re talking about the difference in sales price vs the asking price of a home. The chart below highlights two different discounts to note in real estate market reports.

Note: The red bar is the percentage difference between the closing price of the home and the price it was listed at when it went under contract. The green bar represents the percentage difference in the original price the home came on the market with, and the final listing price it had before going under contract.

Average price discount for single family homes on Sanibel Island

What’s up with 2019?

You’ll notice the sales price discount is a bit higher for 2019, at 7.7%. Keep in mind this only accounts for the first four months in the year, which we believe will average out closer to 6% by the end of the year. But it’s something to keep an eye on if you’re planning on purchasing soon! 

What about condos on Sanibel?

Below you’ll see that the average discount for Sanibel condos has hovered closer to 5% over the past five years (red bar), with an overall lower discount from the original listing price, 2.9% as seen by the green bar.

Average price discount of condos on Sanibel Island
Umbrella and beach chairs at a beach on Captiva Island

Wondering about Captiva?

Below are the two charts representing the price discounts for Captiva Single Family Homes and Condos. Note that the price of most Single Family Homes on Captiva Island is higher than those on Sanibel Island. Higher prices can sometimes warrant a steeper discount.

Average price discount for single family homes on Captiva Island

As you can see, the average list to sales price discount in the past five years has been about 8.9% for Captiva Single Family Homes, and 5.3% for Captiva Condos, whose prices more closely reflect the condos on Sanibel Island.

Average price discount for condos on Captiva Island

To keep an eye on these price discounts throughout the year, visit the “Market Strength” tab on our online Market Report (Click Here). The 2019 bar graph will update at the beginning of each month.

2019 Market Report for Sanibel and Captiva Islands

Written by: Jim McCallion

Filed Under: Market Update, Real Estate News

About Jim McCallion

Meet the "Marketing Megaphone" and Webmaster behind McCallion & McCallion. After selling his software company, Jim, Susan and kids moved to Sanibel in 2008. With his tech experience, he and Susan bring a fresh approach to island real estate.

Primary Sidebar

Recent Sanibel Real Estate News

Sanibel Population Per Mile of Beach Chart

Like Crowded Beaches? Don’t Come to Sanibel.…

Protected Nature = Protected Home Owner…

Heat Pump Installation: How It Affects Your Home’s Plumbing…

Florida Home Inventory Increases Significantly…

All About Coconut Palms…

424 E Gulf Drive

Sanibel Single Family Home Rental Restrictions…

New Captiva and Sanibel Real Estate Listings

View recent Captiva and Sanibel listings...

Sanibel Real Estate Listings

Sanibel Homes for sale

  • All Sanibel Homes for Sale
  • Sanibel Beachfront homes
  • Sanibel Bayfront homes
  • Sanibel Gulf Access homes
  • Sanibel Water View homes
  • Sanibel Elevated homes
  • Sanibel Golf Community homes

Sanibel Homes by Price

  • under $1,000,000
  • $1,000,000 - $1,500,000
  • $1,500,000 - $2,000,000
  • $2,000,000 - $3,000,000
  • $3,000,000 and up

Sanibel Condos for sale

  • --> See our full Sanibel Condo Guide
  • Sanibel Beachfront condos
  • Sanibel Bayfront condos
  • Sanibel Pet Friendly condos
  • Sanibel Boat Dock condos
  • Sanibel Condo Directory

Captiva Homes for Sale

  • Captiva Beachfront homes
  • Captiva Bayfront homes
  • Captiva Gulf Front condos
  • Captiva Bay View condos
  • under $4,000,000
  • $4,000,000 and up

Explore more

McCallion & McCallion Realty Logo

McCallion & McCallion Realty
1640 Periwinkle Way, Suite 1
Sanibel Island, Florida 33957
(239) 472-1950

  • email us
  • facebook
  • instagram
  • pinterest
McCallion & McCallion Realty Logo
(239) 472-1950 email us facebook instagram pinterest
Copyright © · Susan McCallion · Broker · McCallion & McCallion · Sanibel Real Estate · Listings · Sitemap