As a point of reference, on January 1st, 2015 our inventory of Sanibel homes and condominiums for sale, as well as Captiva homes and condos for sale was down 10.4% from last January 1st, and down 55% from our peak inventory spike which occurred March 1st, 2009.

This week ending January 20th, 2015 resulted in only 3 price reductions, 16 new homes and condos for sale, 14 new pending condominium and home sales, and 7 more closed 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