Happy New Year & Warm Greetings from Sunny Sanibel Island!
2011 resulted in 395 closed sales on Sanibel & Captiva totaling $300,653,440 and averaged 350 days on the market with an 89% List-to-Sell price. 2010 by comparison resulted in 313 closed sales totaling $229,066,134 and averaged 336 days on the market with an 89% List-to-Sell price.
Needless to say, the general perception is that we have hit the bottom of the market here on the islands and savvy buyers are scooping up some outstanding properties!
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Pfeifer Realty Group Sales by Year:
Thank you for reading this article. We welcome your questions and look forward to the opportunity to earn your business and help you achieve your real estate goals. Give us a call anytime to discuss current market conditions and how they may affect your goals.