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Home/Real Estate News/Market Update/What’s the Average Price of Sanibel Communities?

What’s the Average Price of Sanibel Communities?

“What’s the average price of homes in Gumbo Limbo,” I overheard a client ask Susan today. It’s a common question of buyers who are getting a feel for what Sanibel homes cost. As you know, home values vary by community.

Gulf front properties or near beach homes obviously have a higher price tag than homes that are not near the water. Homes on the “east end” of the island tend to carry an extra value because of their proximity to the causeway for convenient access on and off the island.

Average Price of Sanibel Communities

To give you an idea of the average price of Sanibel communities, we’ve listed the number of properties sold year to date (through November 30, 2015) and their average sales price for each community.

Average Price of Sanibel Communities

SANIBEL COMMUNITIES

TYPE

# SALES YTD

AVG. SALES PRICE

Captains Walk

Condo

7

$266,000

Beachview CC Estates

Sing Family Homes

6

$857,000

Del Sega

Sing Family Homes

8

$1,048,000

The Dunes

Sing Family Homes

17

$681,000

East Rocks

Sing Family Homes

13

$596,000

Gulf Pines

Sing Family Homes

3

$615,000

Gumbo Limbo

Sing Family Homes

11

$547,000

Herons Landing

Sing Family Homes

2

$825,000

Lake Murex

Sing Family Homes

6

$630,000

Lighthouse Point

Condo

6

$620,000

Loggerhead Cay

Condo

7

$564,000

Mariner Pointe

Condo

4

$439,000

Pointe Santo

Condo

4

$665,000

Sanctuary

Sing Family Homes

7

$1,868,000

Sanibel Estates

Sing Family Homes

10

$1,140,000

Sanibel Harbours

Sing Family Homes

3

$1,965,000

Sanibel Shores

Sing Family Homes

7

$490,000

Sea Gate

Sing Family Homes

2

$2,118,000

Shell Harbor

Sing Family Homes

7

$1,424,000

Sundial West

Condo

16

$411,000

Tradewinds

Sing Family Homes

4

$801,000

Woodrings

Sing Family Homes

2

$1,544,000

Average Price of Captiva Communities

Continuing up to Captiva Island, we see an increase in home values. Our latest market report shows 0 months inventory for any single family home under $1M and only 2 months inventory for condos under $400k.

Below, we have listed the average sales price for a few communities on Captiva and the number of properties have sold so far this year.

Average Price of Captiva Communities

CAPTIVA COMMUNITIES

TYPE

# SALES YTD

AVG. SALES PRICE

Bayside Villas

Condo

6

430,000

Beach Homes

Condo

3

2,341,000

FA Lanes Bayview

Sing Family Homes

2

2,838,000

Lands End Village

Condo

7

1,659,000

Marina Villas

Condo

4

591,000

South Seas Resort

Sing Family Homes

2

3,508,000

Average Price of North Captiva Communities

There’s often confusion between listings on Captiva Island and North Captiva Island. While Captiva Island is connect to Sanibel via the blind pass crossover, North Captiva is only accessible by boat or small propeller airplanes. Therefore, properties on North Captiva tend to be more affordable since the island is slightly less convenient to access than Sanibel or Captiva.

Below, we’ve listed a couple communities on North Captiva with the number of properties sold this year and their average price point.

Average-Price-of-North-Captiva-Communities

NORTH CAPTIVA COMMUNITIES

TYPE

# SALES YTD

AVG. SALES PRICE

Castaway Keys

Sing Family Homes

6

757,000

North Captiva Dunes

Sing Family Homes

2

416,000

North Captiva Sands

Sing Family Homes

2

582,000

Written by: Jim McCallion

Tagged With: Florida real estate, market stats, pricing 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.

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

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