Sanibel Market Report (and Captiva Too!)

This chart shows both the average list and sales price summarized per year. This only includes data from SOLD properties. If buyers favor lower priced homes in a given year, the average price will drop EVEN IF the overall market improving.

This chart compares the average sales price trends for Sanibel and Captiva on a quarterly basis. Because our markets are relatively small, with few overall transactions, quarterly analysis can be greatly affected by a few unusual transactions. This can create wide swings from period to period.

This chart shows sales price trends based on living square footage for the past 3 years for the Sanibel Market. Mouse over the chart to view number of transactions as some categories have very few transactions, thus outlier transactions may skew the chart.

This chart shows sales price trends based on number of bedrooms for the past 3 years for the Sanibel Market. Mouse over the chart to view number of transactions as some categories have very few transactions, thus outlier transactions may skew the chart. This is especially true of 4+ bedroom condos.

Again, recent prices have remained steady.

This chart compares the average price per square foot paid for properties over the past 10 years. Separate values are given for Single Family Homes and Condos for the Sanibel and Captiva markets. Use the 'Location' filter to show more specific results.

The purpose of this chart is to illustrate the relative prices paid for property based on island location. Clearly, Gulf front properties sell for more than mid-island properties. This chart tries to illustrate how great is the difference.

This powerful report is one of my favorite market indicators. It shows an estimate of how many months of inventory exist per price segment of the market. I use a historical 12 month sales average to determine the rate of sales. This method is imperfect in our rapidly changing market, but does account for our highly seasonal sales pattern.

When inventory is in excess of 1 year, this indicates a Buyer's Market - meaning buyers have more negotiating strength than in a normal market.

When inventory is less than 6 months, this indicates a Seller's Market - meaning sellers have more negotiating strength than in a normal market.

This chart shows the average price reduction made by sellers plus the average discount from the final list price to the sales price. The goal is to show the relative pricing strength sellers have in the market over the past 10 years.

This chart is similar to the chart above in that it is illustrating pricing strength; however, this chart is comparing average in dollars for Original List Price, Final List Price, and Sold Price for closed transactions.

This chart illustrates the average days on market for properties that sell each quarter over the past 3 years. Due to the Sanibel Market and Captiva Market being small with relatively few transactions, the quarterly results can be skewed easily by outlier transactions, thus making the chart have wild swings from quarter to quarter.