Thanks for a GREAT YEAR! As 2010 comes to a close, I have had the privilege of helping 32 families achieve their real estate goals here on Sanibel and Captiva Islands.
Are price reductions the best indication of motivation? Not always. All sellers have a goal in mind. They may be interested in another property, upgrading, down-sizing, retiring, or other financial goals. Not all motivated sellers reduce their asking price. Persistent, patient buyers are taking advantage of the good buys here on Sanibel & Captiva Islands!
MAY 25th, 2010 SANIBEL ISLAND: So far this year on Sanibel, the number of closed or pending condo sales exceeds the total number of sales for all of 2009. The number of closed or pending house sales has surpassed the number sold during the same time frame in 2009 with the average and median price starting to increase. Please take a moment to open the links below to view all of the island real estate activity for this past week.
This week resulted in 31 price reductions following last weeks 38 price reductions on Sanibel and Captiva Islands. While many owners have taken their properties off the market during the Summer, several owners have reduced their asking prices.
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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!