This week 2015 YTD Sales are up 36% over the same time frame in 2014. YTD sales on Sanibel & Captiva Islands have exceeded 164 Million with an additional 152 Milliion in pending sales. This week resulted in 20 more pending sales, 7 new listings, 10 price reductions and 23 closed sales.
As our Winter residents head north we may see more new listings in the next several weeks. The "Perfect Buying and Selling Storm" continues as inventory remains historically low, attractive mortgage interest rates continue, and the stock market remains robust.