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. In fact, at January’s pace, we have less than 2 months inventory in under $600k single family homes.
Sanibel & Captiva January Sales – 10 Year Comparison