Greetings from Sunny Sanibel and Captiva!

Inventory continues to shrink as pending sales out paced new listings 8 to 2 this week. July island inventory is down 30% over last July and down 66% from our historic high which occurred 3-1-2009.

This past week resulted in 2 new listings, 6 price reductions, 8 new pending sales and 7 closed sales.

2015 YTD Sales on Sanibel & Captiva Islands have exceeded 312 Million with an additional 258 Million in pending sales.

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.  

• Pfeifer Team 2021 Sales