Market Activity

  • 28Feb2012
    Closed & Pending Sales Top $121,000,000 by Feb. 2012!

    Closed & Pending Sales Top $121,000,000 by Feb. 2012!

    Motivated buyers continue to find common ground with motivated sellers (62 Price Reductions the past two weeks), producing tremendous market activity (18 pending sales this week). So far, 2012 has resulted in over 55.9 Million in closed sales and more than 65.3 Million in pending sales. Links to this week’s activity are found below.

    Please feel free to contact us or stop by our office anytime or view our open house schedules and make plans to visit several properties in person.

    We strive to provide the best marketing tools to help buyers and sellers achieve their real estate goals here on Sanibel & Captiva!

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  • 2Feb2012

    Mortgage Rates are LOW

    Sanibel Real Estate
    News from Sanibel Captiva Community Bank Mortgage rates are low... really low! 30 year fixed rate with -0- points at 3.875%. After income tax considerations one’s effective rates can approach 3%.

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  • 31Jan2012
    January 2012 Sales Activity Tops Past 7 Years!

    January 2012 Sales Activity Tops Past 7 Years!

    The Sanibel & Captiva market has not been this busy for the past 7 years and it’s all due to aggressive pricing by sellers!

    Below are the sales statistics for the past ten years including total closed sales, average days on the market (DOM), and average sales price.

    Month, Year.....Closed Sales....Avg. DOM...Avg.Sale Price... Sales Pending

    January 2012 - 47 closed sales – 304 DOM --- $548,942 -- 68 pending sales January 2011 - 26 closed sales – 327 DOM --- $829,261 -- 38 pending sales January 2010 - 20 closed sales – 282 DOM --- $701,547 -- 26 pending sales January 2009 - 10 closed sales – 160 DOM - $1,155,400 -- 22 pending sales January 2008 - 13 closed sales – 262 DOM --- $951,764 -- 24 pending sales January 2007 - 23 closed sales – 125 DOM --- $929,989 -- 30 pending sales January 2006 - 30 closed sales – 139 DOM --- $919,674 -- 44 pending sales January 2005 - 49 closed sales – 145 DOM --- $723,672 -- 64 pending sales January 2004 - 49 closed sales – 324 DOM --- $901,138 -- 60 pending sales January 2003 - 43 closed sales – 201 DOM --- $789,022 -- 41 pending sales January 2002 - 44 closed sales – 206 DOM --- $703,024 -- 69 pending sales

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  • 2Jan2012
    2011 Year End Sales Update

    2011 Year End Sales Update

    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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  • 20Jun2011
    To Date 400 Island Properties Have Sold

    To Date 400 Island Properties Have Sold

    As of today, 400 properties have closed so far this year here on Sanibel and Captiva Islands. The total sales volume is $236,596,143, with a List to Sell Price Percentage of 89%. There are an additional 385 pending sales here on the islands representing over $252 Million in list price inventory.

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  • 19May2011
    Time to JUMP into the Market?

    Time to JUMP into the Market?

    For many buyers, record low island property prices combined with attractive mortgage interest rates allowed them to jump into the island real estate market and purchase their dream property in paradise. "2011 was the busiest start to any year I have seen since I began selling real estate here on Sanibel" said Eric Pfeifer. For many buyers who sat on the sidelines, 2011 signaled their time to jump into the market.

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  • 17May2011

    Busiest Start in a Decade of Sales!

    Sanibel Real Estate
    So far 2011 has been the busiest start to any year I have seen in the past 10 years on Sanibel. To date, 79 homes, 72 Condos and 9 Parcels of Land have closed on Sanibel & Captiva Islands.

    Thank you for your continued interest in our market & I look forward to helping you achieve your real estate goals here on the islands.

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  • 12Apr2011
    2011 Island Sales top 193 Million

    2011 Island Sales top 193 Million

    This week 19 more island properties went under contract. So far in 2011, closed and pending real estate sales have exceeded 193 million dollars on Sanibel & Captiva representing a 23% increase over this same period last year.

    Trip Advisor just announced the winners of their 2011 Travelers’ Choice Beaches Awards and Sanibel and Captiva are both listed in their Top 10 Beach Destinations in the United States!

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