Renters spend 5% more than homeowners
NEW YORK – Oct. 27, 2011 – Rising rents are forcing renters to outspend homeowners on housing costs, according to a new study.
Since 2005, homeowners’ housing expenses have climbed from 31.9 percent of their household budget to 33.2 percent. In that same time period, renters’ expenses have jumped from 35.6 percent to 38.4 percent, according to the October CoreLogic U.S. Housing and Mortgage Trends.
In the last 26 years, homeowners have increased the amount they spend on household expenses by 12 percent while renters have increased it by 22 percent, according to the study.
Investors see bigger profits from rising rents
NEW YORK – Oct. 27, 2011 – Rental demand and prices continue to soar, and investors are cashing in. Rents are rising at a 5.17 percent annual rate – up from last year’s 4.72 percent rate. If rents continue to grow at their current pace, they won’t be too far behind the record-high reached in 2000 of 6.18 percent, according to Axiometrics Inc.
The rental market has added about 1.4 million new renters this year, some of whom were former homeowners who faced foreclosure or a short sale. Renters are increasingly showing an appetite for single-family homes owned by investors.
As such, the number of investors in the market is growing. Investors make up anywhere between 20 and 40 percent of monthly existing home sales, according to home-sale data. With home prices and interest rates low, more aspiring investors are jumping in. Nearly 60 percent of investors in a recent survey by Realtor.com considered themselves newcomers to real estate investing.
“This is a long-term investment,” says Greg Rand, CEO of OwnAmerica. “Rents are a steady return on your investment through the years, leaving you with an attractive asset when prices improve. And they will. The best profits in real estate accrue to long-term investors who take a long-term view.”
Source: “Rising Rents Improve Investors’ Return,” RISMedia (Oct. 20, 201
Is the new-home market finally leveling off?
WASHINGTON – Oct. 31, 2011 – The nation’s largest home builders say that buyer traffic has picked up, sales increased and prices are stabilizing, according to The Wall Street Journal. The Commerce Department reported that, for the first time in five months, new-home sales rose, increasing 5.7 percent in September. Builder confidence also rose, reaching its highest level in a year in October, according to an index of builder sentiment by the National Association of Home Builders. © Copyright 2011 INFORMATION, INC. Bethesda, MD (301) 215-4688
Friday, November 4, 2011
Thursday, October 27, 2011
Good News For Real Estate & Economy
Growth picture enjoys uptick
WASHINGTON – Oct. 25, 2011 – Economists have significantly raised their estimates of third-quarter economic growth ahead of the government’s official report Thursday, easing near-term fears of another recession.
A consensus of economists surveyed by Bloomberg News estimates the economy grew at a still-modest 2.5 percent annual pace last quarter, up from their 1.8 percent projection less than two weeks ago. The brighter picture follows better-than-expected data on retail sales, manufacturing, jobs and business investment.
“We should take some comfort that the economy isn’t hurtling into recession,” says Capital Economics’ Paul Ashworth. Ashworth estimates third-quarter growth was 3.2 percent.
That’s not robust, but it beats the anemic expansion of less than 1 percent the first half of 2011. Amid last summer’s debt battle in Congress, the downgrade of the U.S. credit rating and financial turmoil in Europe, many analysts thought the U.S. was on the verge of another downturn.
Since Oct. 3, 10-year Treasury yields have risen nearly half a percentage point, indicating growth prospects are prompting a shift of money to higher-risk assets, says market strategist Anthony Valeri of LPL Financial.
Homeownership rate second highest on record
WASHINGTON – Oct. 25, 2011 – The homeownership rate is at its second-highest level on record, only behind the record high set in 2000, according to the U.S. Census Bureau, which began collecting homeownership data in 1890.
By region, the homeownership rate is:
• Midwest: 69.2 percent
• South: 66.7
• Northeast: 62.2
• West: 60.5
Nearly every metro area had more homeowners than renters in 2010. The metro areas with the highest homeownership rates were in Michigan and Florida. Monroe, Mich., had the highest percentage of owner-occupied units at 79.8 percent, followed by Punta Gorda, Fla., at 79.7 percent.
Florida’s existing home and condo sales up in September
ORLANDO, Fla. – Oct. 20, 2011 – Florida’s existing home and existing condo sales continued their upswing in September, according to the latest housing data released by Florida Realtors®. Existing home sales increased 10 percent last month with a total of 15,036 homes sold statewide compared to 13,723 homes sold in September 2010, according to Florida Realtors.
“One of the most overlooked statistical trends in all of real estate is the growth in home sales, both single-family and condo, in the state of Florida,” said Florida Realtors Chief Economist Dr. John Tuccillo. “We’ve seen an upward trend in sales since January 2011, and September’s sales were a full 10 percent above September 2010. Even prices, which have been static over the past few months, are well above where they were in January 2011.
Economic reports may calm fears
WASHINGTON – Oct. 20, 2011 – Inflation slowed from its summertime blip in September, housing starts rebounded, and the Federal Reserve reported signs of modest economic growth, suggesting that fears of a double-dip U.S. recession may have been overblown.
Best day to list real estate for sale: Friday
SEATTLE – Oct. 20, 2011 – After analyzing 1.2 million listings in 16 markets across the country for 21 months, Redfin found that sellers have a better chance of moving their homes off the market if they list them on a Friday.
The brokerage says the study indicates that Friday listings are 12 percent more likely to change hands within 90 days. Additionally, 94.4 percent of properties listed on a Thursday or Friday sold close to the list price; in contrast, only 93.3 percent of those listed on a Sunday or Monday sold close to the list price.
Friday listings were 18.8 percent more likely than Sunday or Monday listings to be toured, with Redfin noting that “homes listed on Fridays are the freshest in buyers’ minds when they’re making their weekend plans.” Buyers also prefer to visit the newest listings first to beat the competition.
The study’s conclusion: “More tours leads to more offers, and more offers leads to a better price and a better chance of selling.”
Source: Inman News (10/18/11)
Home building jumps 15% in September
WASHINGTON (AP) – Oct. 19, 2011 – Homes were built in September at the fastest pace in 17 months, a hopeful sign for the struggling housing market.
The Commerce Department says builders began work on a seasonally adjusted 658,000 homes last month, a 15 percent increase from August and the most since April 2010.
Still, that’s roughly half the 1.2 million that economists say is consistent with healthy housing markets.
Single-family homes, roughly two-thirds of home construction, rose 1.7 percent. Apartment building surged 53.4 percent. Building permits, a gauge of future construction, fell 5 percent.
While home construction represents a small portion of the housing market, it has an outsize impact on the economy. Each home built creates an average of three jobs for a year and about $90,000 in taxes, according to the National Association of Home Builders.
Copyright © 2011 The Associated Press, Derek Kravitz, AP real estate writer.
Best day to list real estate for sale: Friday
SEATTLE – Oct. 20, 2011 – After analyzing 1.2 million listings in 16 markets across the country for 21 months, Redfin found that sellers have a better chance of moving their homes off the market if they list them on a Friday.
The brokerage says the study indicates that Friday listings are 12 percent more likely to change hands within 90 days. Additionally, 94.4 percent of properties listed on a Thursday or Friday sold close to the list price; in contrast, only 93.3 percent of those listed on a Sunday or Monday sold close to the list price.
Friday listings were 18.8 percent more likely than Sunday or Monday listings to be toured, with Redfin noting that “homes listed on Fridays are the freshest in buyers’ minds when they’re making their weekend plans.” Buyers also prefer to visit the newest listings first to beat the competition.
The study’s conclusion: “More tours leads to more offers, and more offers leads to a better price and a better chance of selling.”
Source: Inman News (10/18/11)
Thursday, September 1, 2011
Sunday, August 28, 2011
Thursday, August 25, 2011
Better News For Housing Market
Florida’s existing home, condo sales up in July
Related: NAR: Existing home sales down in July but up strongly from year ago
ORLANDO, Fla. – Aug. 18, 2011 – Florida’s existing home and existing condo sales rose in July, according to the latest housing data released by Florida Realtors®. Existing home sales increased 12 percent last month with a total of 15,517 homes sold statewide compared to 13,874 homes sold in July 2010, according to Florida Realtors. Statewide sales of existing condos last month also rose 12 percent compared to the year-ago sales figure.
“Realtors in markets across the state are reporting increased activity from potential homebuyers who are ready to advantage of historically low mortgage rates and current availability of affordable housing options,” said 2011 Florida Realtors President Patricia Fitzgerald, manager/broker-associate with Illustrated Properties in Hobe Sound and Mariner Sands Country Club in Stuart.
Fifteen of Florida’s metropolitan statistical areas (MSAs) reported higher existing home sales in July; 13 MSAs had higher existing condo sales.
Fiserv Case-Shiller Home Price Insights: Despite Recent Declines, Home Prices Expected to Stabilize Across U.S. by Early Next Year
· Housing affordability back to pre-bubble levels with average homes now only 5 percent more expensive than in 2000
· Home prices projected to dip further in 2011 and begin modest appreciation in 2012
· More than 95 percent of all metro areas are projected to rise by Q1 2013
Foreclosure activity falls to 44-month low - housingwire.com
Foreclosure activity fell 35% in July compared to last year, hitting a 44-month low, according to foreclosure data firm RealtyTrac. The number of foreclosure filings – which includes default notices, auctions and bank...
Tuesday, August 23, 2011
SANIBEL RATED IN TOP FIVE BEST BEACHES IN FLORIDA
Check out the latest blog from Cheapoair. Sanibel has been rated as one of the top five best beaches in Florida.
Saturday, August 20, 2011
SANIBEL & CAPTIVA ISLAND MARKET UPDATE (7/24/11 - 8/20/11)
ListPrice/$5,295,000/SalePrice/$4,350,000/5bd/5/1ba/4249WestGulfDr/Sanibel, FL
ListPrice/$2,999,000/SalePrice/$2,100,000/4bd/4/1/ba/15557CaptivaDr/Captiva, FL
ListPrice/$1,960,000/SalePrice/$1,960,000/4bd/5ba/2391WulfertRd/Sanibel, FL
ListPrice/$850,000/SalePrice/$685,000/3bd/2ba/827AngelWing/Sanibel, FL
ListPrice/$799,900/SalePrice/$730,000/4bd/3/1/ba/1320EagleRunDr/Sanibel, FL
ListPrice/$799,000/SalePrice/$753,000/5bd/4/1/ba/1035South/Sanibel, FL
ListPrice/$539,000/SalePrice/$520,000/3bd/2ba/566BoulderDr/Sanibel, FL
ListPrice/$425,000/SalePrice/$397,000/2bd/2ba/1235SandCastleRd/Sanibel, FL
ListPrice/$359,000/SalePrice/$335,000/3bd/2/1/ba/976GreenwoodCt/Sanibel, FL
CONDO'S
ListPrice/$749,000/SalePrice/$725,000/2bd2/1/ba/WhiteSands#15/Sanibel, FL
ListPrice/$645,900/SalePrice/$560,000/2bd/2ba/SandpiperBeach#204/Sanibel, FL
ListPrice/$599,000/SalePrice/$538,635/2bd/2ba/ShellIslandBeach#7B/Sanibel, FL
ListPrice/$439,900/SalePrice/$417,500/1bd/1ba/SunsetBeachVillas#2223/Captiva, FL
ListPrice/$319,900/SalePrice/$315,000/2bd/2ba/SpanishCay#A1/Sanibel, FL
ListPrice/$289,000/SalePrice/$275,000/2ba/2ba/CaptainsWalk#B-8/Sanibel, FL
ListPrice/$169,000/SalePrice/$160,000/1bd/1ba/Colonnades#C41/Sanibel, FL 33957
VACANT LAND
ListPrice/$799,900/SalePrice/$545,000/660GulfLn/N.Captiva, FL
ListPrice/$549,000/SalePrice/$485,000/11525MurmondLn/Captiva, FL
ListPrice/$399,000/SalePrice/$385,000/CMiddleGulfDr/Sanibel, FL
ListPrice/$189,000/SalePrice/$162,500/0 Access Undetermined/N.Captiva, FL
Sunday, August 14, 2011
Offshore Investors Snapping Up Florida Real Estate
MIAMI (AP) – Aug. 8, 2011 – Offshore investors are flocking to Florida’s distressed real estate prices as major companies with ties to Hong Kong, Spain, Argentina and Malaysia are snapping up properties sensing the local market has bottomed.
International companies can park their investment and position themselves for the next development cycle, said Tere Blanca, president and chief executive officer of Miami-based Blanca Commercial Real Estate.
“Acquiring prime properties at discount prices in the height of the market was not achievable. Whomever has deep liquidity and can be nimble and act when opportunities arise can acquire properties at what we consider to be solid pricing,” he said, according to the Daily Business Review.
Stephan Gietl of Austria and his partner Fernando Levy-Hara, of Argentina, have purchased 307 South Florida condo units for $40 million since 2009. The duo has sold most of the units, mainly to international investors. Levy-Hara says the units yield between 5 and 6 percent profit per year after maintenance fees and property taxes.
“With the potential appreciation, if you’re buying at half the price of the bubble, you have the potential to go up 60 to 70 percent in the next five years,” he said
Fewer homes for sale, inventories fall sharply
WASHINGTON – Aug. 5, 2011 – High inventories of homes for sale have plagued many markets, but in a recent analysis of metro areas, inventories were found to be shrinking sharply during the second quarter, The Wall Street Journal reports.
About 2.34 million homes were listed for sale on the multiple-listing service by the end of June, the lowest level for that time of year since at least 2007, according to Realtor.com. What’s more, some inventory levels even reached their lowest levels since the housing crisis began five years ago, which has prompted some markets to even say their facing a shortage of homes on the market.
In its analysis, The Wall Street Journal found that of the 28 major metro areas evaluated, inventory levels had dropped in all 28 – except for three. What’s more, they found that inventories had dropped by double digits in 16 of those markets during the second quarter when compared to a year ago. For example, inventories dropped in Miami by 43 percent from a year ago; 30 percent in Washington, D.C., and more than 20 percent in cities like Charlotte, N.C., Seattle, and San Francisco.
Foreclosure activity down in most U.S. metro areas
LOS ANGELES – July 28, 2011 – Most of the nation’s largest metropolitan areas are seeing a sharp drop in foreclosure activity as banks take longer to move against homeowners who are behind on their mortgage payments.
In the first half of this year, 84 percent of metropolitan areas with a population of at least 200,000 saw their foreclosure rate drop versus the same period last year, foreclosure listing firm RealtyTrac Inc. said Thursday.
State forecasts property value increases
TALLAHASSEE, Fla. – Aug. 4, 2011 – In a sign that Florida’s housing market may be on the road to recovery, the state’s top economist expects an increase in school property tax rolls next year of 1.3 percent.
Vacation homes: Why it might be time to buy
WASHINGTON – Aug. 2, 2011 – Home price declines remain the norm in many areas, but experts say certain luxury markets are picking up steam and attracting affluent vacation-home buyers.
The median second-home price fell 11 percent to $150,000 in 2010 from the prior year, according to the National Association of Realtors® (NAR). And the price dropped 25 percent since 2006, compared to a 22 percent decrease for the overall housing market.
Experts say sales activity depends on geography, with buyers more interested in prime vacation spots
NAR: Pending home sales rise in June
WASHINGTON – July 28, 2011 – Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors® (NAR). Month-to-month activity increased in the West and South but declined in the Midwest and Northeast. However, all regions show strong double-digit gains from a year earlier.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 2.4 percent to 90.9 in June from 88.8 in May, and is 19.8 percent above the 75.9 reading in June 2010, which was the low point immediately following expiration of the homebuyer tax credit. The data reflects contracts but not closings.
Monday, July 25, 2011
Wall Street Journal 7/23/11 - Vacation Homes: Why It May Be Time to Buy
http://online.wsj.com/article/SB10001424053111904233404576458043646660006.html?KEYWORDS=vacation+homes+time+to+buy#articleTabs%3Darticle
Saturday, July 23, 2011
SANIBEL/CAPTIVA MARKET UPDATE 7/17/2011 - 7/23/2011
is continuing into the summer! Pending sales are up because buyers are realizing the time to buy
is now!
RESIDENTIAL (Pending, Contingent & Sold)
Pending
ListPrice/$5,295,000/5bd/5/1/ba/4249 West Gulf Dr/ Sanibel, FL
ListPrice/$2,495,000/5bd/4/1/ba/2596 Wulfert Rd/Sanibel, FL
ListPrice/$1,249,000/4bd/3ba/791 Pen Shell Dr/Sanibel, FL
ListPrice/$949,900/3bd/3ba/720 Birdie View Dr/Sanibel, FL
ListPrice/$850,000/3bd/2ba/827 Angel Wing/Sanibel, FL
ListPrice/$819,000/3bd/3ba/676 Anchor Dr/Sanibel, FL
ListPrice/$799,900/4bd/3/1/ba/1320 Eagle Run Dr/Sanibel, FL
ListPrice/$585,000/3bd/2ba/617 Lake Murex/Sanibel, FL
Contingent
ListPrice/$999,000/3bd/2ba/1670 Dixie Beach/Sanibel, FL 33957
ListPrice/$900,000/3bd/2ba/6076 Castaways Ln/Sanibel, FL 33957
ListPrice/$835,000/3bd/2/1/ba/5422 Shearwater/Sanibel, FL 33957
ListPrice/$799,000/5bd/4/1/ba/1035 South/Sanibel, FL 33957
ListPrice/$599,900/3bd/2ba/4797 Rue Helene/Sanibel, FL 33957
ListPrice/$539,000/3bd/2ba/566 Boulder Dr/Sanibel, FL 33957
ListPrice/$488,000/3bd/3ba/1525 Wilton Ln/Sanibel, FL 33957
ListPrice/$425,000/2bd/2ba/1236 Sand Castle/Sanibel, FL 33957
ListPrice/$359,000/3bd/2/1/ba/976 Greenwood/Sanibel, FL 33957
Sold
ListPrice/$1,295,000/SellPrice/$1,060,000/3bd/3ba/722 Sand Dollar/Sanibel, FL
ListPrice/$715,000/SellPrice/$665,000/3bd/2ba/1431 Sand Castle/Sanibel, FL
CONDO'S (Pending, Contingent, Sold)
Pending
ListPrice/$649,000/2bd/2ba/Sand Pointe #227/Sanibel, FL
ListPrice/$619,000/3bd/3/1/ba/Heron #2B/Sanibel, FL
ListPrice/$319,900/2bd/2ba/Spanish Ca #A1/Sanibel, FL
ListPrice/$259,000/2bd/2ba/Captains Walk #E8/Sanibel, FL
Contingent
ListPrice/$789,000/2bd/2ba/Sunset Captiva Condo/Captiva, FL
ListPrice/$749,000//2bd/2/1/ba/White Sands/Sanibel, FL
ListPrice/$645,900/2bd/2ba/Sandpiper Beach/Sanibel,FL
ListPrice/$599,000/2bd/2ba/Shell Island Beach/Sanibel,FL
ListPrice/$499,000/2bd/2ba/Sundial/Sanibel, FL
ListPrice/$460,000/2bd/2ba/Ibis at the Sanc./Sanibel, FL
ListPrice/$439,900/1bd/1ba/Sunset Beach Villas/Sanibel, FL
ListPrice/$439,000/2bd/2ba/Island Beach Club/Sanibel, FL
ListPrice/$399,000/2bd/2ba/Mariner Pointe/Sanibel, FL
ListPrice/$169,000/1bd/1ba/Colonnades/ Sanibel, FL
Sold
ListPrice/$949,000/SellPrice/$860,000/2bd/2ba/Pointe Santo/Sanibel, FL
ListPrice/$729,000/SellPrice/$611,000/2bd/2ba/Loggerhead Cay/Sanibel, FL
Saturday, July 16, 2011
SANIBEL/CAPTIVA MARKET UPDATE 5/29/11 - 7/16/11
Gulf Front/Bayfront Sales
ListPrice/$3,250,000/SalePrice/$3,200,000/4bd/4ba/1310 Seaspray Ln/Sanibel, FL
ListPrice/$3,200,000/SalePrice/$3,200,000/4bd/4/1/ba/16213Captiva Dr/Sanibel, FL
ListPrice/$2,580,000/SalePrice/$2,100,000/3bd/2/1/ba/4443 Waters Edge/Sanibel, FL
ListPrice/$2,500,000/SalePrice/$2,150,000/5bd/5ba/1/544 Lighthouse/Sanibel, FL
ListPrice/$1,995,000/SalePrice/$1,850,000/3bd/3ba/4741 Tradewinds/Sanibel, FL
ListPrice/$1,995,000/SalePrice/$1,750,000/3bd3ba/1212 Isabel Dr/Sanibel, FL
Canal/Bayou
ListPrice/$1,095,000/SalePrice/$970,000/4bd/3ba/5379 Shearwater/Sanibel, FL
ListPrice/$799,000/SalePrice/$750,000/4bd/2/1/ba/751 Sand Dollar Dr/Sanibel, FL
ListPrice/$699,999/SalePrice/$699,999/4bd/3ba/728 Anchor Dr/Sanibel, FL
ListPrice/$599,000/SalePrice/$500,000/3bd/2ba/1528 Angel Dr/Sanibel, FL
ListPrice/$395,000/SalePrice/$350,000/5bd/2ba/1133 Schooner Pl/Sanibel, FL
Near Beach/Inland
ListPrice/$2,395,000/SalePrice/$2,100,000/4/1/ba/11524 Andy Rosse/Captiva, FL
ListPrice/$1,295,000/SalePrice/$1,200,000/3bd/3/1/ba//1162 Kittiwake Cir/Sanibel, FL
ListPrice/$1,175,000/SalePrice/$1,050,000/4bd/4ba/1255 Par View Dr/Sanibel, FL
ListPrice/$1,099,500/SalePrice/$985,000/3bd/2/1/ba/1277 Par View/Sanibel, FL
ListPrice/$995,000/SalePrice/$925,000/5bd/3ba/1172 Kittiwake Cir/Sanibel, FL
ListPrice/$869,900/SalePrice/$820,000/3bd/2ba/1106 Buttonwood/Sanibel, FL
ListPrice/$735,000/SalePrice/$730,000/4bd/3ba/1740 Middle Gulf/Sanibel, FL
ListPrice/$659,000/SalePrice/$590,000/3bd/2ba/1210 Par View Dr/Sanibel, FL
ListPrice/$598,000/SalePrice/$575,000/3bd/2ba/4573 Bowen/Sanibel, FL
ListPrice/$595,000/SalePrice/$540,000/2bd/2ba/15152 Wiles Dr/Captiva, FL
ListPrice/$499,000/SalePrice/$445,000/3bd/2ba/810 Elinor Way/Sanibel, FL
ListPrice/$479,900/SalePrice/$430,000/2bd/2ba/4237 Old Banyan/Sanibel, FL
ListPrice/$450,000/SalePrice/$425,000/2bd/2ba/9417 Sage Ct/Sanibel, FL
ListPrice/$399,000/SalePrice/$350,000/3bd/2/2ba/9292 Belding/Sanibel, FL
ListPrice/$398,000/SalePrice/$335,000/4bd/2ba/1148 Shell Basket/ Sanibel, FL
ListPrice/$378,000/SalePrice/$355,000/3bd/2ba/9292 Kincaid/Sanibel, FL
ListPrice/$369,000/SalePrice/$345,000/3bd/3ba/1613 Sand Castle/Sanibel, FL
ListPrice/$355,000/SalePrice/$305,000/3bd/2ba/535 Piedmont Rd/Sanibel, FL
ListPrice/$315,000/SalePrice/$290,000/4bd/2ba/1012 E. Gulf Dr/Sanibel, FL
ListPrice/$299,000/SalePrice/$285,000/3bd/2/1/ba/1458 Sandpiper Cir/Sanibel, FL
Condo's
Gulf Front/Bayfront
ListPrice/$2,095,000/SalePrice/$1,975,000/4bd/3ba/Beach Homes/Captiva, FL
ListPrice/$1,449,000/SalePrice/$1,100,000/3bd/2ba/Atrium/Sanibel, FL
ListPrice/$1,350,000/SalePrice/$1,087,000/3bd/2ba/Janthina, Sanibel, FL
ListPrice/$1,295,000/SalePrice/$1,087,000/3bd/2ba/Janthina, Sanibel, FL
ListPrice/$1,295,000/SalePrice/$1,200,000/3bd/2ba/Janthina, Sanibel, FL
ListPrice/$1,150,000/SalePrice/$1,075,000/3bd/3ba/Villas of Sanibel, Sanibel, FL
ListPrice/$995,000/SalePrice/$910,000/3bd/3ba/Villas of Sanibel, Sanibel, FL
ListPrice/$889,000/SalePrice/$800,000/4bd/3ba/Signal Inn/Sanibel, FL
ListPrice/$685,000/SalePrice/$686,000/2bd.2ba/Sundial/Sanibel, FL
ListPrice/$650,000/SalePrice/$615,000/2bd/2ba/Sundial/Sanibel, FL
ListPrice/$649,500/SalePrice/$610,000/2bd/2ba/Sandpiper Beach/Sanibel, FL
ListPrice/$625,000/SalePrice/$600,000/2bd/2ba/Tarpon Beach/Sanibel, FL
ListPrice/$599,900/SalePrice/$540,000/2bd/2ba/Nutmeg Village/Sanibel, FL
ListPrice/$599,000/SalePrice/$575,000/2bd/2ba/Pointe Santo/Sanibel, FL
ListPrice/$599,000/SalePrice/$535,000/2bd/2ba/Sandy Bend/Sanibel, FL
ListPrice/$560,000/SalePrice/$515,000/2bd/2ba/Sanibel Siesta/Sanibel, FL
ListPrice/$549,000/SalePrice/$457,500/2bd/2ba/Mariner Pointe/Sanibel, FL
ListPrice/$549,000/SalePrice/$530,000/2bd/2ba/Sundial/Sanibel, FL
ListPrice/$499,000/SalePrice/$446,250/2bd/2ba/Captiva Hide-a-way/Captiva,FL
ListPrice/$498,000/SalePrice/$460,000/2bd/2ba/Compass Point/Sanibel, FL
ListPrice/$419,000/SalePrice/$375,000/2bd/2ba/Sanibel Arms West/Sanibel, FL
ListPrice/$410,000/SalePrice/$400,000/2bd/2ba/IslandBeach Club/Sanibel, FL
ListPrice/$399,900/SalePrice/$340,000/2bd/2ba/Sanibel Siesta/Sanibel, FL
ListPrice/$379,000/SalePrice/$349,000/2bd/2ba/Sanibel Siesta/Sanibel, FL
ListPrice/$314,000/SalePrice/$285,000/1bd/2ba/Bayside Villa's/Captiva, FL
ListPrice/$285,900/SalePrice/$255,750/2bd/2ba/Bayside Villa's/Captiva, FL
ListPrice/$279,000/SalePrice/$260,000/1bd/1ba/Sanibel Mooring's/Sanibel, FL
ListPrice/$249,900/SalePrice/$236,000/1bd/2ba/Bayside Villa's/Captiva, FL
ListPrice/$235,000/SalePrice/$215,000/1bd/2ba/Bayside Villa's/Captiva, FL
ListPrice/$225,000/SalePrice/$200,000/1bd/1ba/Sanibel Arms/Sanibel, FL
Near Beach/Inland
ListPrice/$595,000/SalePrice/$470,000/2bd/2ba/Marina Villas/Captiva, FL
ListPrice/$519,000/SalePrice/$500,000/2bd/3/1/ba/Heron/ Sanibel, FL
ListPrice/$410,000/SalePrice/$377,500/2bd/2ba/Tennis Villas/Captiva, FL
ListPrice/$379,000/SalePrice/$360,000/2bd/2ba/Blind Pass/Sanibel, FL
ListPrice/$374,500/SalePrice/$332,000/2bd/2ba/Spanish Cay/ Sanibel, FL
ListPrice/$295,000/SalePrice/$273,600/1bd/1ba/Bayside Villas/ Captiva, FL
ListPrice/265,000/SalePrice/$250,000/2bd/1/1/ba/Tennisplace/Sanibel, FL
Tuesday, July 5, 2011
SANIBEL ISLAND 4TH OF JULY !!!
The Sanibel 4th of July parade and fireworks were a huge success!! The weather was perfect
and the Island was packed with tourists!
and the Island was packed with tourists!
Saturday, May 28, 2011
SANIBEL/CAPTIVA REAL ESTATE CLOSED SALES 5/08/2011 - 5/28/2011
LISTPRICE/$2,795,000/SALEPRICE/$2,500,000/4BD/4BA/1320SeasprayLn/Sanibel,FL
LISTPRICE/$2,497,013/SALEPRICE/$2,216,513/3BD/3BA/4453WatersEdge/Sanibel,FL
LISTPRICE/$1,850,000/SALEPRICE/$1,625,000/3BD/3BA/1073SouthSeas/Captiva,FL
LISTPRICE/$1,545,000/SALEPRICE/$1,250,000/5BD/4BA/1209IsabelDr/Sanibel,FL
LISTPRICE/$999,999/SALEPRICE/$900,000/2BD/2BA/1558SanCarlos/Sanibel,FL
LISTPRICE/$999,000/SALEPRICE/$965,000/3BD/3BA/1214Buttonwood/Sanibel,FL
LISTPRICE/$919,000/SALEPRICE/$867,500/3BD/3BA/11540GoreLn/Captiva,FL
LISTPRICE/$798,500/SALEPRICE/$750,000/3BD/2BA/1241ParViewDr/Sanibel,FL
LISTPRICE/$669,000/SALEPRICE/$669,000/3BD/3BA/486SurfSoundCt/Sanibel,FL
LISTPRICE/$623,000/SALEPRICE/$520,000/3BD/2BA/950CabbagePalm/Sanibel,FL
LISTPRICE/$619,000/SALEPRICE/$600,000/3BD/2BA/421RaintreePl/Sanibel,FL
LISTPRICE/$595,000/SALEPRICE/$578,000/3BD/3BA/3570BunnyLn/Sanibel,FL
LISTPRICE/$489,000/SALEPRICE/$400,000/3BD/2BA/1467SandCastle/Sanibel,FL
LISTPRICE/$476,000/SALEPRICE/$433,000/3BD/3BA/466GulfBendDr/Sanibel,FL
LISTPRICE/$469,000/SALEPRICE/$450,000/3BD/2BA/658DonaxSt/Sanibel,FL
LISTPRICE/$449,000SALEPRICE/$402,500/4BD/4BA/849BeachRd/Sanibel,FL
CONDO'S
LISTPRICE/$1,200,000/SALEPRICE/$1,200,000/3BD/2/1/BA/CaptivaBeachVillas/Captiva,FL
LISTPRICE/$1,179,000/SALEPRICE/$1,080,000/2BD/2BA/GulfsidePlace/Sanibel,FL
LISTPRICE/$960,000/SALEPRICE/$900,000/2BD/2BA/CompassPoint/Sanibel,FL
LISTPRICE/949,000/SALEPRICE/$880,000/3BD/2BA/PlantationVillage/Sanibel,FL
LISTPRICE/$949,000/SALEPRICE/$850,000/2BD/2BA/PointeSantoDe/Sanibel,FL
LISTPRICE/$765,000/SALEPRICE/$667,000/3BD/3BA/Moonshadows/Sanibel,FL
LISTPRICE/$719,000/SALEPRICE/$665,000/2BD/2BA/SunsetSouth/Sanibel,FL
LISTPRICE/$589,000/SALEPRICE/$547,000/2BD/2BA/ShellIslandBeach/Sanibel,FL
LISTPRICE/$417,500/SALEPRICE/$395,400/2BD/2BA/SanibelMoorings/Sanibel,FL
LISTPRICE/$349,000/SALEPRICE/$325,000/3BD/2BA/DonaxVillage/Sanibel,FL
VACANT LAND
LISTPRICE/$399,000/SALEPRICE/$394,000/4415GulfPinesDr/Sanibel,FL
LISTPRICE/$295,000/SALEPRICE/$225,000/355CowryCt/Sanibel,FL
LISTPRICE/$65,000/SALEPRICE/$23,500/4491CutlassDr/N.Captiva/FL
LISTPRICE/$57,000/SALEPRICE/$27,000/4530SchoonerDr/N.Captiva/FL
Monday, May 16, 2011
Saturday, May 7, 2011
SANIBEL AND CAPTIVA REAL ESTATE SALES - 04/26/2011 - 05/07/2011
RESIDENTIAL SALES
LISTPRICE/$4,995,000/SALEPRICE/$4,500,000/945 South Seas/Captiva,FL
LISTPRICE/$3,995,000/SALEPRICE/$3,100,000/16778 Captiva Dr/Captiva, FL
LISTPRICE/$1,875,000/SALEPRICE/$1,600,000/6 Sunset Captiva/Captiva,FL
LISTPRICE/$1,295,000/SALEPRICE/$1,150,000/5709 Baltusrol Ct/Captiva,FL
LISTPRICE/$899,900/SALEPRICE/$840,000/3952 West Gulf Dr/Sanibel,FL
LISTPRICE/$749,000/SALEPRICE/$695,000/549 East Rocks/Sanibel,FL
LISTPRICE/$599,000/SALEPRICE/$305,000/4600 Oro Pesos Ln/N.Captiva,FL
LISTPRICE/$549,950/SALEPRICE/$517,500/994 Whelk Dr/Sanibel,FL
CONDO'S
LISTPRICE/$2,100,000/SALEPRICE/$2,100,000/Beach Homes/Captiva,FL
LISTPRICE/$1,100,000/SALEPRICE/$1,035,000/Tanglewood/Sanibel,FL
LISTPRICE/$599,000/SALEPRICE/$585,000/Gulf Beach/Sanibel,FL
LISTPRICE/$599,000/SALEPRICE/$475,000/Mariner Pointe/Sanibel,FL
LISTPRICE/$579,000/SALEPRICE/$558,500/Lighthouse Point/Sanibel,FL
LISTPRICE/$229,000/SALEPRICE/$216,000/Captains Walk Unit/Sanibel,FL
VACANT LAND
LISTPRICE/$220,900/SALEPRICE/$198,850/5624 Baltusrol Ct/Sanibel,FL
LISTPRICE/$195,000/SALEPRICE/$155,000/5896 Dinkins Lake Rd/Sanibel,FL
COMMERCIAL
LISTPRICE/$225,000/SALEPRICE/$150,000/359 Periwinkle Way/Sanibel,FL
LISTPRICE/$4,995,000/SALEPRICE/$4,500,000/945 South Seas/Captiva,FL
LISTPRICE/$3,995,000/SALEPRICE/$3,100,000/16778 Captiva Dr/Captiva, FL
LISTPRICE/$1,875,000/SALEPRICE/$1,600,000/6 Sunset Captiva/Captiva,FL
LISTPRICE/$1,295,000/SALEPRICE/$1,150,000/5709 Baltusrol Ct/Captiva,FL
LISTPRICE/$899,900/SALEPRICE/$840,000/3952 West Gulf Dr/Sanibel,FL
LISTPRICE/$749,000/SALEPRICE/$695,000/549 East Rocks/Sanibel,FL
LISTPRICE/$599,000/SALEPRICE/$305,000/4600 Oro Pesos Ln/N.Captiva,FL
LISTPRICE/$549,950/SALEPRICE/$517,500/994 Whelk Dr/Sanibel,FL
CONDO'S
LISTPRICE/$2,100,000/SALEPRICE/$2,100,000/Beach Homes/Captiva,FL
LISTPRICE/$1,100,000/SALEPRICE/$1,035,000/Tanglewood/Sanibel,FL
LISTPRICE/$599,000/SALEPRICE/$585,000/Gulf Beach/Sanibel,FL
LISTPRICE/$599,000/SALEPRICE/$475,000/Mariner Pointe/Sanibel,FL
LISTPRICE/$579,000/SALEPRICE/$558,500/Lighthouse Point/Sanibel,FL
LISTPRICE/$229,000/SALEPRICE/$216,000/Captains Walk Unit/Sanibel,FL
VACANT LAND
LISTPRICE/$220,900/SALEPRICE/$198,850/5624 Baltusrol Ct/Sanibel,FL
LISTPRICE/$195,000/SALEPRICE/$155,000/5896 Dinkins Lake Rd/Sanibel,FL
COMMERCIAL
LISTPRICE/$225,000/SALEPRICE/$150,000/359 Periwinkle Way/Sanibel,FL
Monday, April 25, 2011
SANIBEL AND CAPTIVA REAL ESTATE SALES - 4/09/11 - 04/25/11
RESIDENTIAL
ListPrice/$6,950,000 - SalePrice/$6,087,500 - 5bd/5/1ba/15699 Captiva Dr/Captiva, FL
ListPrice/$2,995,000 - SalePrice/$2,550,000 - 5bd/5/2ba/3705 W. Gulf Dr/Sanibel,FL
ListPrice/$1,500,000 - SalePrice/$1,500,000 - 3bd/3ba/ 11536 Andy Rosse Ln/Captiva,FL
ListPrice/$899,000 - SalePrice/$899,000 - 3bd/3ba/6005 Clam Bayou/Sanibel, FL
ListPrice/$718,800 - SalePrice/$673,800 - 2bd/2ba/33 Urchin Ct/Sanibel, FL
ListPrice/$705,000 - SalePrice/$705,000 - 3bd/3ba/5429 Shearwater/Sanibel, FL, FL
ListPrice/$544,000 - SalePrice/$435,000 - 3bd/2ba/6072 Dinkins/Sanibel, FL
ListPrice/$529,000 - SalePrice/$470,000 - 2bd/2ba/1148 Seagrape/Sanibel, FL
ListPrice/$495,000 - SalePrice/$475,000 - 2bd/2ba/230 Palm Lake/Sanibel, FL
ListPrice/$479,000 - SalePrice/$470,000 - 3bd/2ba/1186 Sand Castle/Sanibel, FL
CONDOMINIUMS
ListPrice/$2,495,000 - SalePrice/$2,247,000 - 3bd/3/1ba/#201, Sedgemoor of Sanibel/Sanibel, FL
ListPrice/$1,195,000 - SalePrice/$950,000 - 3bd/3ba/#A102, Villas of Sanibel, Sanibel, FL
ListPrice/$895,000 - SalePrice/$800,000 - 3bd/3ba/ #302, Seascape of Sanibel, Sanibel, FL
ListPrice/$795,000 - SalePrice/$650,000 - 3bd/2ba/ #5, Yacht Haven, Sanibel, FL
ListPrice/$559,000 - SalePrice/$510,000 - 2bd/2ba/#J-404, Sundial, Sanibel, FL
ListPrice/$470,000 - SalePrice/$450,000 - 2bd/2ba/#3C, Villa Sanibel, Sanibel, FL
ListPrice/$370,000 - SalePrice/$340,000 - 2bd/2ba/#1032, Mariner Pointe, Sanibel, FL
ListPrice/$268,000 - SalePrice/$258,000 - 2bd/1ba/#B31, Tennisplace, Sanibel, FL
VACANT LAND
ListPrice/$725,000 - SalePrice/$405,000/ 4561 Panama Shell Dr/N. Captiva, FL
ListPrice/$6,950,000 - SalePrice/$6,087,500 - 5bd/5/1ba/15699 Captiva Dr/Captiva, FL
ListPrice/$2,995,000 - SalePrice/$2,550,000 - 5bd/5/2ba/3705 W. Gulf Dr/Sanibel,FL
ListPrice/$1,500,000 - SalePrice/$1,500,000 - 3bd/3ba/ 11536 Andy Rosse Ln/Captiva,FL
ListPrice/$899,000 - SalePrice/$899,000 - 3bd/3ba/6005 Clam Bayou/Sanibel, FL
ListPrice/$718,800 - SalePrice/$673,800 - 2bd/2ba/33 Urchin Ct/Sanibel, FL
ListPrice/$705,000 - SalePrice/$705,000 - 3bd/3ba/5429 Shearwater/Sanibel, FL, FL
ListPrice/$544,000 - SalePrice/$435,000 - 3bd/2ba/6072 Dinkins/Sanibel, FL
ListPrice/$529,000 - SalePrice/$470,000 - 2bd/2ba/1148 Seagrape/Sanibel, FL
ListPrice/$495,000 - SalePrice/$475,000 - 2bd/2ba/230 Palm Lake/Sanibel, FL
ListPrice/$479,000 - SalePrice/$470,000 - 3bd/2ba/1186 Sand Castle/Sanibel, FL
CONDOMINIUMS
ListPrice/$2,495,000 - SalePrice/$2,247,000 - 3bd/3/1ba/#201, Sedgemoor of Sanibel/Sanibel, FL
ListPrice/$1,195,000 - SalePrice/$950,000 - 3bd/3ba/#A102, Villas of Sanibel, Sanibel, FL
ListPrice/$895,000 - SalePrice/$800,000 - 3bd/3ba/ #302, Seascape of Sanibel, Sanibel, FL
ListPrice/$795,000 - SalePrice/$650,000 - 3bd/2ba/ #5, Yacht Haven, Sanibel, FL
ListPrice/$559,000 - SalePrice/$510,000 - 2bd/2ba/#J-404, Sundial, Sanibel, FL
ListPrice/$470,000 - SalePrice/$450,000 - 2bd/2ba/#3C, Villa Sanibel, Sanibel, FL
ListPrice/$370,000 - SalePrice/$340,000 - 2bd/2ba/#1032, Mariner Pointe, Sanibel, FL
ListPrice/$268,000 - SalePrice/$258,000 - 2bd/1ba/#B31, Tennisplace, Sanibel, FL
VACANT LAND
ListPrice/$725,000 - SalePrice/$405,000/ 4561 Panama Shell Dr/N. Captiva, FL
Thursday, April 21, 2011
Vacation- and investment-home shares hold even in 2010
WASHINGTON – March 30, 2011 – The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors® (NAR).
NAR’s 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent – both unchanged from 2009.
“Despite extraordinarily tight credit conditions for purchasing a second home, the market share for vacation and investment homes held steady,” says NAR Chief Economist Lawrence Yun. “A sizeable number of buyers made deals with all-cash offerings.”
All-cash purchases have become prevalent in the second-home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation-home buyers.
With an overall decline in home sales during 2010, the volume of 543,000 vacation-home sales was down 1.8 percent from 553,000 in 2009. Investment purchases fell 7.8 percent to 867,000 in 2010 from 940,000 the previous year. Primary residence sales declined 5.6 percent to 3.81 million from 4.04 million in 2009.
Foreclosure or trustee sales accounted for 17 percent of investment purchases and 11 percent of vacation-home sales in 2010, compared with 5 percent of primary purchases.
“Second home buyers purchased more distressed homes at discount than did buyers of primary residences,” Yun says.
The median vacation-home price was $150,000 in 2010, down 11.2 percent from $169,000 in 2009, while the median investment-home price was $94,000, which is 10.5 percent below the $105,000 median in 2009. By contrast, the median primary residence price declined a relatively modest 4.5 percent to $176,700 last year from $185,000 in 2009.
The typical vacation-home buyer in 2010 was 49 years old, had a median household income of $99,500 and purchased a property that was a median distance of 375 miles from his or her primary residence; 31 percent of vacation homes were within 100 miles and 41 percent were more than 500 miles.
for more on this article go to http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=257430
For information on real estate in Sanibel, Captiva and Southwest Florida go to:
http://www.sanibelandcaptivaproperties.com/
.
WASHINGTON – March 30, 2011 – The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors® (NAR).
NAR’s 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent – both unchanged from 2009.
“Despite extraordinarily tight credit conditions for purchasing a second home, the market share for vacation and investment homes held steady,” says NAR Chief Economist Lawrence Yun. “A sizeable number of buyers made deals with all-cash offerings.”
All-cash purchases have become prevalent in the second-home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation-home buyers.
With an overall decline in home sales during 2010, the volume of 543,000 vacation-home sales was down 1.8 percent from 553,000 in 2009. Investment purchases fell 7.8 percent to 867,000 in 2010 from 940,000 the previous year. Primary residence sales declined 5.6 percent to 3.81 million from 4.04 million in 2009.
Foreclosure or trustee sales accounted for 17 percent of investment purchases and 11 percent of vacation-home sales in 2010, compared with 5 percent of primary purchases.
“Second home buyers purchased more distressed homes at discount than did buyers of primary residences,” Yun says.
The median vacation-home price was $150,000 in 2010, down 11.2 percent from $169,000 in 2009, while the median investment-home price was $94,000, which is 10.5 percent below the $105,000 median in 2009. By contrast, the median primary residence price declined a relatively modest 4.5 percent to $176,700 last year from $185,000 in 2009.
The typical vacation-home buyer in 2010 was 49 years old, had a median household income of $99,500 and purchased a property that was a median distance of 375 miles from his or her primary residence; 31 percent of vacation homes were within 100 miles and 41 percent were more than 500 miles.
for more on this article go to http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=257430
For information on real estate in Sanibel, Captiva and Southwest Florida go to:
http://www.sanibelandcaptivaproperties.com/
.
SANIBEL AND CAPTIVA RESIDENTIAL/ CONDO SELLS ARE BOOMING!
Pending Sanibel 2011 Residential total #’s
4/20 4/13 4/6 3/23 3/16 3/8 2/24 2/17
42 34 34 34 34 40 30 31
Pending Sanibel 2011 Condominiums total #’s
4/20 4/13 4/6 3/23 3/16 3/8 2/24
33 40 33 31 30 24 16
3 tips for smart vacation-home buying
ATLANTA – April 14, 2011 – Shoppers can find lots of good deals in vacation homes at the moment. In many second-home hot spots, prices remain close to five-year lows. For example, single-home prices in second-home hotspot Napa, Calif., are down 47 percent from their peak in 2006, according to Fiserv.
A buyer looking to cash in on vacation- or second-home values should consider the following:
1. Is it rentable? Even if a buyer isn’t planning to rent, he or she may still want to consider the rental aspects of the property, particularly since a home’s rental potential can affect its resale value, says Catherine Jeffrey, a real estate professional in Fredericksburg, Texas. Buyers should check with the homeowners association or township to ensure that short-term rentals are allowed.
2. How do you plan to use the home? The loan rate depends, in part, on how the property will be used. For example, if buyers intend to use the property primarily as a second home, they’ll pay about the same mortgage rate as a primary residence, says HSH Associates vice president Keith Gumbinger. However, if they plan to get rental income from the property, the property will be treated as an investment, which means they may need to pay as much as 25 percent of the buying price for the downpayment and up to one percentage point more in interest.
3. Are you eligible for the tax benefits? If owners rent the house for two weeks or less per year, they won’t have to report income to the IRS, and they’ll be able to deduct property taxes and mortgage interest. If the owners stay in the home for less than two weeks or have 10 percent rental days, whichever is greater, they’ll be able to deduct operating costs, such as cleaning and maintenance fees, as well as the interest and property tax, says Rick Shapiro, a CPA in West Hartford, Conn. He suggests homeowners talk with a tax expert to find out what tax benefits apply.
Source
4/20 4/13 4/6 3/23 3/16 3/8 2/24 2/17
42 34 34 34 34 40 30 31
Pending Sanibel 2011 Condominiums total #’s
4/20 4/13 4/6 3/23 3/16 3/8 2/24
33 40 33 31 30 24 16
3 tips for smart vacation-home buying
ATLANTA – April 14, 2011 – Shoppers can find lots of good deals in vacation homes at the moment. In many second-home hot spots, prices remain close to five-year lows. For example, single-home prices in second-home hotspot Napa, Calif., are down 47 percent from their peak in 2006, according to Fiserv.
A buyer looking to cash in on vacation- or second-home values should consider the following:
1. Is it rentable? Even if a buyer isn’t planning to rent, he or she may still want to consider the rental aspects of the property, particularly since a home’s rental potential can affect its resale value, says Catherine Jeffrey, a real estate professional in Fredericksburg, Texas. Buyers should check with the homeowners association or township to ensure that short-term rentals are allowed.
2. How do you plan to use the home? The loan rate depends, in part, on how the property will be used. For example, if buyers intend to use the property primarily as a second home, they’ll pay about the same mortgage rate as a primary residence, says HSH Associates vice president Keith Gumbinger. However, if they plan to get rental income from the property, the property will be treated as an investment, which means they may need to pay as much as 25 percent of the buying price for the downpayment and up to one percentage point more in interest.
3. Are you eligible for the tax benefits? If owners rent the house for two weeks or less per year, they won’t have to report income to the IRS, and they’ll be able to deduct property taxes and mortgage interest. If the owners stay in the home for less than two weeks or have 10 percent rental days, whichever is greater, they’ll be able to deduct operating costs, such as cleaning and maintenance fees, as well as the interest and property tax, says Rick Shapiro, a CPA in West Hartford, Conn. He suggests homeowners talk with a tax expert to find out what tax benefits apply.
Source
Monday, April 11, 2011
SANIBEL IN TOP TEN TRAVELERS' CHOICE BEACH AWARDS ! ! !
TRAVERS' CHOICE BEACHES AWARD-WINNING U.S. BEACH DESTINATIONS:
1. Myrtle Beach, South Carolina
2. Cape May, New Jersey
3. Panama City Beach, Florida
4. Miami Beach, Florida
5. Sanibel Island, Florida
6. Clearwater, Florida
7. Honolulu, Hawaii
8. Captiva Island, Florida
9. Poipu, Hawaii
10. Siesta Key, Florida
For Information on Sanibel, Captiva and the surrounding areas go to http://www.sanibelandcaptivaproperties.com/
Mark and Teresa Baker
Mark's Cell# 239-209-3030
email:Islandvol@gmail.com
John R. Wood Island Real Estate, Inc.
Teresa's Cell: #239-233-6364
email:sanibelbeachproperty@gmail.com
John R Wood Island Real Estate, Inc.
1. Myrtle Beach, South Carolina
2. Cape May, New Jersey
3. Panama City Beach, Florida
4. Miami Beach, Florida
5. Sanibel Island, Florida
6. Clearwater, Florida
7. Honolulu, Hawaii
8. Captiva Island, Florida
9. Poipu, Hawaii
10. Siesta Key, Florida
For Information on Sanibel, Captiva and the surrounding areas go to http://www.sanibelandcaptivaproperties.com/
Mark and Teresa Baker
Mark's Cell# 239-209-3030
email:Islandvol@gmail.com
John R. Wood Island Real Estate, Inc.
Teresa's Cell: #239-233-6364
email:sanibelbeachproperty@gmail.com
John R Wood Island Real Estate, Inc.
REAL ESTATE SALES BOUNCING BACK ON SANIBEL !!!
John R. Wood Island Real Estate 1st quarter statistics 2011
Up 7% in sales volume
Up 15% in units closed
Up 27% in pending sales
Current Pending Sales Activity 2011 Residential total #’s
4/6 3/23 3/16 3/8 2/24 2/17
34 34 34 40 30 31
Pending Sanibel 2011 Condominiums total #’s
4/6 3/23 3/16 3/8 2/24
33 31 30 24 16
Metrostudy: Housing shortage on the horizon?
WASHINGTON – April 1, 2011 – Mike Castleman, founder and CEO of Metrostudy, which tracks real-time data of the country’s inventory of new homes, says a housing shortage is looming that will soon create a huge surge in demand for new homes. As such, now is the time to buy, he says.
In the 41 cities Metrostudy covers, 78,000 houses are either vacant and for sale, or under construction – that is less than a quarter of the new homes that fell in that category during the housing boom in 2006 and way below the level of a decade ago.
“If we had anything like normal levels of buying, those houses would sell in 2½ months,” says Castleman. “We’d see an incredible shortage. And that’s where we’re heading.”
Selling your home? Drop the nines
MADISON, Wis. – March 31, 2011 – While many Realtors continue to use 9’s in their asking pricing – setting a price of $499,999 or $599,000, for instance, to make buyers think they’re paying less – the strategy can actually minimize marketing exposure now that buyers typically use search engines to look for properties.
The search engines group properties in 0’s, 25’s, 50s, and 75’s, so Realtors would be wise to revise their pricing strategies accordingly. For example, a property with a price of $399,000 will be seen by buyers searching for homes up to $400,000; but buyers searching for a home between, say, $400,000 and $500,000 won’t see it.
Sellers should understand that buyers set the value of the home, and they should be more concerned about pricing the property correctly the first time.
Vacation- and investment-home shares hold even in 2010
WASHINGTON – March 30, 2011 – The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors® (NAR).
NAR’s 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent – both unchanged from 2009.
“Despite extraordinarily tight credit conditions for purchasing a second home, the market share for vacation and investment homes held steady,” says NAR Chief Economist Lawrence Yun. “A sizeable number of buyers made deals with all-cash offerings.”
All-cash purchases have become prevalent in the second-home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation-home buyers.
With an overall decline in home sales during 2010, the volume of 543,000 vacation-home sales was down 1.8 percent from 553,000 in 2009. Investment purchases fell 7.8 percent to 867,000 in 2010 from 940,000 the previous year. Primary residence sales declined 5.6 percent to 3.81 million from 4.04 million in 2009.
Foreclosure or trustee sales accounted for 17 percent of investment purchases and 11 percent of vacation-home sales in 2010, compared with 5 percent of primary purchases.
“Second home buyers purchased more distressed homes at discount than did buyers of primary residences,” Yun says.
The median vacation-home price was $150,000 in 2010, down 11.2 percent from $169,000 in 2009, while the median investment-home price was $94,000, which is 10.5 percent below the $105,000 median in 2009. By contrast, the median primary residence price declined a relatively modest 4.5 percent to $176,700 last year from $185,000 in 2009.
The typical vacation-home buyer in 2010 was 49 years old, had a median household income of $99,500 and purchased a property that was a median distance of 375 miles from his or her primary residence; 31 percent of vacation homes were within 100 miles and 41 percent were more than 500 miles.
Check out our website at http://www.sanibelandcaptivaproperties.com/ for any information on Sanibel and Captiva and to search all propeties available from Captiva to Bonita Beach.
Up 7% in sales volume
Up 15% in units closed
Up 27% in pending sales
Current Pending Sales Activity 2011 Residential total #’s
4/6 3/23 3/16 3/8 2/24 2/17
34 34 34 40 30 31
Pending Sanibel 2011 Condominiums total #’s
4/6 3/23 3/16 3/8 2/24
33 31 30 24 16
Metrostudy: Housing shortage on the horizon?
WASHINGTON – April 1, 2011 – Mike Castleman, founder and CEO of Metrostudy, which tracks real-time data of the country’s inventory of new homes, says a housing shortage is looming that will soon create a huge surge in demand for new homes. As such, now is the time to buy, he says.
In the 41 cities Metrostudy covers, 78,000 houses are either vacant and for sale, or under construction – that is less than a quarter of the new homes that fell in that category during the housing boom in 2006 and way below the level of a decade ago.
“If we had anything like normal levels of buying, those houses would sell in 2½ months,” says Castleman. “We’d see an incredible shortage. And that’s where we’re heading.”
Selling your home? Drop the nines
MADISON, Wis. – March 31, 2011 – While many Realtors continue to use 9’s in their asking pricing – setting a price of $499,999 or $599,000, for instance, to make buyers think they’re paying less – the strategy can actually minimize marketing exposure now that buyers typically use search engines to look for properties.
The search engines group properties in 0’s, 25’s, 50s, and 75’s, so Realtors would be wise to revise their pricing strategies accordingly. For example, a property with a price of $399,000 will be seen by buyers searching for homes up to $400,000; but buyers searching for a home between, say, $400,000 and $500,000 won’t see it.
Sellers should understand that buyers set the value of the home, and they should be more concerned about pricing the property correctly the first time.
Vacation- and investment-home shares hold even in 2010
WASHINGTON – March 30, 2011 – The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors® (NAR).
NAR’s 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent – both unchanged from 2009.
“Despite extraordinarily tight credit conditions for purchasing a second home, the market share for vacation and investment homes held steady,” says NAR Chief Economist Lawrence Yun. “A sizeable number of buyers made deals with all-cash offerings.”
All-cash purchases have become prevalent in the second-home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation-home buyers.
With an overall decline in home sales during 2010, the volume of 543,000 vacation-home sales was down 1.8 percent from 553,000 in 2009. Investment purchases fell 7.8 percent to 867,000 in 2010 from 940,000 the previous year. Primary residence sales declined 5.6 percent to 3.81 million from 4.04 million in 2009.
Foreclosure or trustee sales accounted for 17 percent of investment purchases and 11 percent of vacation-home sales in 2010, compared with 5 percent of primary purchases.
“Second home buyers purchased more distressed homes at discount than did buyers of primary residences,” Yun says.
The median vacation-home price was $150,000 in 2010, down 11.2 percent from $169,000 in 2009, while the median investment-home price was $94,000, which is 10.5 percent below the $105,000 median in 2009. By contrast, the median primary residence price declined a relatively modest 4.5 percent to $176,700 last year from $185,000 in 2009.
The typical vacation-home buyer in 2010 was 49 years old, had a median household income of $99,500 and purchased a property that was a median distance of 375 miles from his or her primary residence; 31 percent of vacation homes were within 100 miles and 41 percent were more than 500 miles.
Check out our website at http://www.sanibelandcaptivaproperties.com/ for any information on Sanibel and Captiva and to search all propeties available from Captiva to Bonita Beach.
Sunday, April 10, 2011
Best Prices For Sanibel Real Estate in a Decade!
We're having a very busy winter this year on Sanibel. Many people are buying because they're finding the best prices we have seen in a decade. Check out our website at http://www.sanibelandcaptivaproperties.com/ to find out about Sanibel, Captiva and SouthWest Florida. Click on our MLS search to view any property for sale from Bonita Beach to Sanibel and Captiva.
SANIBEL/CAPTIVA CLOSED SALES 1/14/2011 - 4/8/2011
RESIDENTIAL HOMES
ListPrice/$290,000 - SalePrice/$185,000 - 4bd/4ba/540 Coral Circle/Captiva, FL
ListPrice/$310,000 - SalePrice/$295,000 - 4bd/3ba/754 Vinca Way/Sanibel, FL
ListPrice/$324,900 - SalePrice/$280,000 - 2bd/2ba/5151 San-Cap Rd/Sanibel, FL
ListPrice/$359,000 - SalePrice/$310,000 - 2bd/2ba/446 Lagoon Dr./Sanibel, FL
ListPrice/$377,000 - SalePrice/$326,000 - 3bd/2ba/962 Sand Castle Rd/Sanibel, FL
ListPrice/$379,000 - SalePrice/$381,000 - 2bd/2ba/743 Martha's Lane/Sanibel, FL
ListPrice/$395,000 - SalePrice/$350,000 - 3bd/2ba/4440 Panama Shell Dr/N.Captiva, FL
ListPrice/$397,000 - SalePrice/$360,000 - 2bd.2ba/749 Martha's Lane/Sanibel, FL
ListPrice/$399,993 - SalePrice/$379,000 - 3bd/2ba/9426 Kava Ct/Sanibel, FL
ListPrice/$425,000 - SalePrice/$415,000 - 3bd/2ba/1440 Sandpiper Circle/Sanibel, FL
ListPrice/$439,000 - SalePrice/$427,000 - 5bd/3ba/1562 Serenity LN/Sanibel, FL
ListPrice/$446,250 - SalePrice/$447,000 - 6bd/6ba/2143 Periwinkle Way/Sanibel, FL
ListPrice/$449,000 - SalePrice/$400,000 - 3bd.2ba/1954 Roseate LN/Sanibel, FL
ListPrice/$474,000 - SalePrice/$405,000 - 3bd/2ba/1730 Windward Way/Sanibel, FL
ListPrice/$479,900 - SalePrice/$430,000 - 3bd/2ba/1809 Farm Trail/Sanibel, FL
ListPrice/$484,000 - SalePrice/$435,000 - 3bd/2ba/1105 Skiff PL/Sanibel, FL
ListPrice/$489,000 - SalePrice/$460,000 - 3bd/2ba/9428 Moonlight Dr/Sanibel, FL
ListPrice/$495,000 - SalePrice/$465,000 - 4bd/2ba/424 East Gulf Dr/Sanibel, FL
ListPrice/$499,000 - SalePrice/$390,000 - 3bd/2ba/951 Sand Castle Rd/Sanibel, FL
ListPrice/$499,000 - SalePrice/$380,000 - 3bd/2ba/4540 Oyster Shell Dr/N. Captiva, FL
ListPrice/$529,000 - SalePrice/$475,000 - 4bd/3ba/731 Rum Rd/N. Captiva, FL
ListPrice/$558,000 - SalePrice/$500,000 - 3bd/2ba/1805 Farm Trail/Sanibel, FL
ListPrice/$579,900 - SalePrice/$520,000 - 3bd/2ba/540 East Rocks/Sanibel, FL
ListPrice/$585,000 - SalePrice/$540,000 - 3bd/2ba/1824 Farm Trail/Sanibel, FL
ListPrice/$595,000 - SalePrice/$545,000 - 4bd/3ba/1192 Kittiwake Cir/Sanibel, FL
ListPrice/$597,000 - SalePrice/$530,000 - 2bd/2/1ba/9127 Mockingbird Dr/Sanibel, FL
ListPrice/$599,000 - SalePrice/$535,000 - 3/bd/2/1ba/1513 Sand Castle Rd/Sanibel, FL
ListPrice/$599,000 - SalePrice/$543,750 - 3bd/2ba/678 E. Rocks Dr/Sanibel, FL
ListPrice/$619,000 - SalePrice/$575,000 - 3bd/3ba/1302 Par View Dr/Sanibel, FL
ListPrice/$650,000 - SalePrice/$590,000 - 3bd/2ba/1262 Par View Dr/Sanibel, FL
ListPrice/$659,000 - SalePrice/$620,000 - 3bd/2ba/1405 Causey Ct/Sanibel, FL
ListPrice/$674,900 - SalePrice/$575,000 - 3bd/3ba/5690 SanCap Rd/Sanibel, FL
ListPrice/$692,000 - SalePrice/$635,000 - 3bd/2ba/668 Anchor Dr/Sanibel, FL
ListPrice/$695,500 - SalePrice/$667,500 - 3bd/2ba/3733 Coquina Dr/Sanibel, FL
ListPrice/$697,000 - SalePrice/$630,000 - 3bd/2ba/1311 Sand Castle Rd/Sanibel, FL
ListPrice/$699,000 - SalePrice/$600,000 - 4bd/2/1ba/271 Robinwood Cir/Sanibel, FL
ListPrice/$699,900 - SalePrice/$550,000 - 5bd/3ba/709 Heather Ln/Sanibel, FL
ListPrice/$725,000 - SalePrice/$729,000 - 3bd/2/1ba/799 Conch Ct/Sanibel, FL
ListPrice/$725,000 - SalePrice/$710,000 - 3bd/2ba/ 1581 Sand Castle Rd/Sanibel, FL
ListPrice/$795,000 - SalePrice/$500,000 - 4bd/3ba/9028 Mockingbird Dr/Sanibel, FL
ListPrice/$799,000 - SalePrice/$730,000 - 4bd/3ba/3894 West Gulf Dr/Sanibel, FL
ListPrice/$835,000 - SalePrice/$793,250 - 2bd/2ba/1237 Seagrape Ln/Sanibel, FL
ListPrice/$865,000 - SalePrice/$775,000 - 4bd/2/1ba/246 Christofer Ct/Sanibel, FL
ListPrice/$895,000 - SalePrice/$825,000 - 3bd/3ba/ 4996 Joewood Dr/Sanibel, FL
ListPrice/$895,000 - SalePrice/$650,000 - 2bd/2ba/119 Kingfisher Dr/N. Captiva, FL
ListPrice/$985,000 - SalePrice/$830,000 - 4bd/4ba/4640 Rue Belle Mer/Sanibel, FL
ListPrice/$1,049,000 - SalePrice/$905,000 - 4bd/3ba/2311 Starfish Ln/Sanibel, FL
ListPrice/$1,095,000 - SalePrice/$995,000 - 3bd/2ba/1995 My Tern Ct/Sanibel, FL
ListPrice/$1,140,000 - SalePrice/$1,075,000 - 4bd/3/1ba/475 Sawgrass Pl/Sanibel, FL
ListPrice/$1,185,000 - SalePrice/$925,000 - 3bd/3/2ba/191 Kingfisher Dr/N. Captiva, FL
ListPrice/$1,195,000 - SalePrice/$1,025,000 - 3bd/3/1ba/5729 Baltusrol Ct/Sanibel, FL
ListPrice/$1,295,000 - SalePrice/$1,232,500 - 4bd/3ba/5116 Joewood Dr/Sanibel, FL
ListPrice/$1,495,000 - SalePrice/$1,400,000 - 3bd/3ba/11541 Wightman Ln/Sanibel, FL
ListPrice/$1,595,000 - SalePrice/$1,475,000 - 3bd/3/1ba/ 800 Sand Dollar Dr/Sanibel, FL
ListPrice/$2,149,850 - SalePrice/$1,950,000 - 4b/3ba/4617 Rue Belle Mer/Sanibel, FL
ListPrice/$3,295,000 - SalePrice/$2,800,000 - 5bd/5/1ba/4697 Rue Belle Mer/Sanibel, FL
ListPrice/$5,900,000 - SalePrice/$5,000,000 - 4bd/4/1ba/3745 West Gulf Dr/Sanibel, FL
VACANT LAND
ListPrice/$49,000 - SalePrice/$30,000 - 4511 Smugglers Dr/N. Captiva, FL
ListPrice/$89,000 - SalePrice/$50,000 - 4430 Oyster Shell Dr/Captiva, FL
ListPrice/$125,000 - SalePrice/$100,000 - 978 Main St./Sanibel, FL
ListPrice/$300,000 - SalePrice/$300,000 - 5759 SanCap Rd/Sanibel, FL
ListPrice/$385,000 - SalePrice/$327,500 - 1253 Par View Dr/Sanibel, FL
ListPrice/$399,000 - SalePrice/$250,000 - 0 Old Trail/Sanibel, FL
COMMERCIAL/INDUSTRIAL
ListPrice/$485,555 - SalePrice/$415,000 - 414 Lagoon Dr/Sanibel, FL
CONDO
ListPrice/$235,000 - SalePrice/$230,000 - 2bd/1ba/A-31, TennisPlace/Sanibel, FL
ListPrice/$329,000 - SalePrice/$270,000 - 2bd/2ba/#721, Mariner Pointe/Sanibel, FL
ListPrice/$299,000 - SalePrice/$280,000 - 2bd/2ba/#733, Mariner Pointe/Sanibel, FL
ListPrice/$319,000 - SalePrice/$299,000 - 2bd/2ba/#203, Sanibel Siesta/Sanibel, FL
ListPrice/$359,000 - SalePrice/$330,000 - 2bd/2ba/#4A, SandPebble/Sanibel, FL
ListPrice/$399,000 - SalePrice/$335,000 - 1bd/1ba/#7, White Caps South, FL
ListPrice/$399,000 - SalePrice/$399,000 - 2bd/2ba/#373, Loggerhead Cay/Sanibel, FL
ListPrice/$399,000 - SalePrice/$399,000 - 2bd/2ba/H303, Sundial/Sanibel, FL
ListPrice/$399,000 - SalePrice/$342,000 - 2bd/2ba/#2A, Villa Sanibel/Sanibel, FL
ListPrice/$409,000 - SalePrice/$391,000 - 2bd/2ba/#2H, Coquina Beach/Sanibel,FL
ListPrice/$469,000 - SalePrice/$414,700 - 2bd/2ba/#621, Sanibel Moorings/Sanibel,FL
ListPrice/$475,000 - SalePrice/$435,500 - 2bd/2ba/#330B, Island Beach Club/Sanibel, FL
ListPrice/$479,000 - SalePrice/$457,500 - 1bd/1ba/#2312 Sunset Beach Villas/Captiva, FL
ListPrice/$480,000 - SalePrice/$420,000 - 2bd/2ba/#A4, Breakers West/Sanibel, FL
ListPrice/$495,000 - SalePrice/$475,000 - 2bd/2ba/#313, LightHouse Point/Sanibel, FL
ListPrice/$499,900 - SalePrice/$440,000 - 1bd/1ba/#4B1, Ocean's Reach/Sanibel, FL
ListPrice/$510,000 - SalePrice/$475,000 - 3bd/2/1ba/#1A, Heron at Sanctuary/Sanibel, FL
ListPrice/$529,000 - SalePrice/$480,000 - 2bd/2ba/#220-C, Island Beach Club/Sanibel, FL
ListPrice/$550,000 - SalePrice/$525,000 - 3bd/3ba/#4302, Bayside Villas/Captiva, FL
ListPrice/$569,000 - SalePrice/$480,000 - 3bd/3ba/#350B, Island Beach Club/Sanibel, FL
ListPrice/$599,000 - SalePrice/$480,000 - 2bd/2ba/#12,White Sands/Sanibel, FL
ListPrice/$599,000 - SalePrice/$439,000 - 2bd/2ba/#D36, Pointe Santo/Sanibel, FL
ListPrice/$625,000 - SalePrice/$575,000 - 2bd/2ba/#212, Snug Harbor/Sanibel, FL
ListPrice/$634,900 - SalePrice/$589,000 - 2bd/2/1ba/#2B, Heron at the Sanctuary/Sanibel, FL
ListPrice/$639,000 - SalePrice/$530,000 - 2bd/2ba/#2012, Gulf Beach Villas/Captiva, FL
ListPrice/$639,000 - SalePrice/$620,000 - 2bd/2ba/#2A, Captiva Hideaway/Captiva, FL
ListPrice/$649,000 - SalePrice/$575,000 - 2bd/2ba/#2E, Coquina Beach/Sanibel, FL
ListPrice/$679,900 - SalePrice/$628,900 - 2bd/2ba/#308, Nutmeg Village/Sanibel, FL
ListPrice/$699,000 - SalePrice/$665,000 - 3bd/2ba/#Q205, Sundial/Sanibel, FL
ListPrice/$699,000 - SalePrice/$670,000 - 2bd/2ba/#5C, Shell Island Beach Club/Sanibel, FL
ListPrice/$699,996 - SalePrice/$640,000 - 2bd/2ba/#325, LightHouse Point/Sanibel, FL
ListPrice/$799,000 - SalePrice/$800,000 - 2bd/2ba/#E201, Sundial/Sanibel, FL
ListPrice/$899,000 - SalePrice/$875,000 - 3bd/2ba/#R206, Sundial/Sanibel, FL
ListPrice/$935,000 - SalePrice/$900,000 - 3bd/2ba/#1B, Janthina/Sanibel, FL
ListPrice/$949,000 - SalePrice/$900,000 - 3bd/2ba/#A212, Plantation Village/Sanibel, FL
ListPrice/$995,000 - SalePrice/$830,000 - 2bd/2ba/#E36, Pointe Santo/Sanibel, FL
ListPrice/$995,000 - SalePrice/$875,000 - 3bd/2ba/#1421, Beach Cottages/ Captiva, FL
ListPrice/$998,000 - SalePrice/$840,000 - 3bd/3ba/#305, Seascape of Sanibel/Sanibel, FL
ListPrice/$1,049,000 - SalePrice/$939,000 - 2bd/2ba/#204, Atrium/Sanibel, FL
ListPrice/$1,099,000 - SalePrice/$950,000 - 2bd/2ba/#N204, Sundial/Sanibel, FL
ListPrice/$1,150,000 - SalePrice/$1,065,000 - 3bd/2ba/#16, Signal Inn/Sanibel, FL
ListPrice/$1,200,000 - SalePrice/$1,150,000 - 3bd/2ba/#301, Sunward of Sanibel/Sanibel, FL
ListPrice/$1,270,000 - SalePrice/$1,150,000 - 3bd.2ba/#205, Atrium/Sanibel, FL
ListPrice/$1,395,000 - SalePrice/$1,290,000 - 2bd/2ba/#C301, By The Sea/Sanibel, FL
ListPrice/$1,495,000 - SalePrice/$1,300,000 - 3bd/3ba/#D3, Dosinia of Sanibel/Sanibel, FL
ListPrice/$2,195,000 - SalePrice/$1,600,000 - 3bd/2ba/#15, Beach Homes/Captiva, FL
ListPrice/$3,495,000 - SalePrice/$2,648,630 - 3bd/2ba/#2, Chelsea Place/Sanibel, FL
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ListPrice/$290,000 - SalePrice/$185,000 - 4bd/4ba/540 Coral Circle/Captiva, FL
ListPrice/$310,000 - SalePrice/$295,000 - 4bd/3ba/754 Vinca Way/Sanibel, FL
ListPrice/$324,900 - SalePrice/$280,000 - 2bd/2ba/5151 San-Cap Rd/Sanibel, FL
ListPrice/$359,000 - SalePrice/$310,000 - 2bd/2ba/446 Lagoon Dr./Sanibel, FL
ListPrice/$377,000 - SalePrice/$326,000 - 3bd/2ba/962 Sand Castle Rd/Sanibel, FL
ListPrice/$379,000 - SalePrice/$381,000 - 2bd/2ba/743 Martha's Lane/Sanibel, FL
ListPrice/$395,000 - SalePrice/$350,000 - 3bd/2ba/4440 Panama Shell Dr/N.Captiva, FL
ListPrice/$397,000 - SalePrice/$360,000 - 2bd.2ba/749 Martha's Lane/Sanibel, FL
ListPrice/$399,993 - SalePrice/$379,000 - 3bd/2ba/9426 Kava Ct/Sanibel, FL
ListPrice/$425,000 - SalePrice/$415,000 - 3bd/2ba/1440 Sandpiper Circle/Sanibel, FL
ListPrice/$439,000 - SalePrice/$427,000 - 5bd/3ba/1562 Serenity LN/Sanibel, FL
ListPrice/$446,250 - SalePrice/$447,000 - 6bd/6ba/2143 Periwinkle Way/Sanibel, FL
ListPrice/$449,000 - SalePrice/$400,000 - 3bd.2ba/1954 Roseate LN/Sanibel, FL
ListPrice/$474,000 - SalePrice/$405,000 - 3bd/2ba/1730 Windward Way/Sanibel, FL
ListPrice/$479,900 - SalePrice/$430,000 - 3bd/2ba/1809 Farm Trail/Sanibel, FL
ListPrice/$484,000 - SalePrice/$435,000 - 3bd/2ba/1105 Skiff PL/Sanibel, FL
ListPrice/$489,000 - SalePrice/$460,000 - 3bd/2ba/9428 Moonlight Dr/Sanibel, FL
ListPrice/$495,000 - SalePrice/$465,000 - 4bd/2ba/424 East Gulf Dr/Sanibel, FL
ListPrice/$499,000 - SalePrice/$390,000 - 3bd/2ba/951 Sand Castle Rd/Sanibel, FL
ListPrice/$499,000 - SalePrice/$380,000 - 3bd/2ba/4540 Oyster Shell Dr/N. Captiva, FL
ListPrice/$529,000 - SalePrice/$475,000 - 4bd/3ba/731 Rum Rd/N. Captiva, FL
ListPrice/$558,000 - SalePrice/$500,000 - 3bd/2ba/1805 Farm Trail/Sanibel, FL
ListPrice/$579,900 - SalePrice/$520,000 - 3bd/2ba/540 East Rocks/Sanibel, FL
ListPrice/$585,000 - SalePrice/$540,000 - 3bd/2ba/1824 Farm Trail/Sanibel, FL
ListPrice/$595,000 - SalePrice/$545,000 - 4bd/3ba/1192 Kittiwake Cir/Sanibel, FL
ListPrice/$597,000 - SalePrice/$530,000 - 2bd/2/1ba/9127 Mockingbird Dr/Sanibel, FL
ListPrice/$599,000 - SalePrice/$535,000 - 3/bd/2/1ba/1513 Sand Castle Rd/Sanibel, FL
ListPrice/$599,000 - SalePrice/$543,750 - 3bd/2ba/678 E. Rocks Dr/Sanibel, FL
ListPrice/$619,000 - SalePrice/$575,000 - 3bd/3ba/1302 Par View Dr/Sanibel, FL
ListPrice/$650,000 - SalePrice/$590,000 - 3bd/2ba/1262 Par View Dr/Sanibel, FL
ListPrice/$659,000 - SalePrice/$620,000 - 3bd/2ba/1405 Causey Ct/Sanibel, FL
ListPrice/$674,900 - SalePrice/$575,000 - 3bd/3ba/5690 SanCap Rd/Sanibel, FL
ListPrice/$692,000 - SalePrice/$635,000 - 3bd/2ba/668 Anchor Dr/Sanibel, FL
ListPrice/$695,500 - SalePrice/$667,500 - 3bd/2ba/3733 Coquina Dr/Sanibel, FL
ListPrice/$697,000 - SalePrice/$630,000 - 3bd/2ba/1311 Sand Castle Rd/Sanibel, FL
ListPrice/$699,000 - SalePrice/$600,000 - 4bd/2/1ba/271 Robinwood Cir/Sanibel, FL
ListPrice/$699,900 - SalePrice/$550,000 - 5bd/3ba/709 Heather Ln/Sanibel, FL
ListPrice/$725,000 - SalePrice/$729,000 - 3bd/2/1ba/799 Conch Ct/Sanibel, FL
ListPrice/$725,000 - SalePrice/$710,000 - 3bd/2ba/ 1581 Sand Castle Rd/Sanibel, FL
ListPrice/$795,000 - SalePrice/$500,000 - 4bd/3ba/9028 Mockingbird Dr/Sanibel, FL
ListPrice/$799,000 - SalePrice/$730,000 - 4bd/3ba/3894 West Gulf Dr/Sanibel, FL
ListPrice/$835,000 - SalePrice/$793,250 - 2bd/2ba/1237 Seagrape Ln/Sanibel, FL
ListPrice/$865,000 - SalePrice/$775,000 - 4bd/2/1ba/246 Christofer Ct/Sanibel, FL
ListPrice/$895,000 - SalePrice/$825,000 - 3bd/3ba/ 4996 Joewood Dr/Sanibel, FL
ListPrice/$895,000 - SalePrice/$650,000 - 2bd/2ba/119 Kingfisher Dr/N. Captiva, FL
ListPrice/$985,000 - SalePrice/$830,000 - 4bd/4ba/4640 Rue Belle Mer/Sanibel, FL
ListPrice/$1,049,000 - SalePrice/$905,000 - 4bd/3ba/2311 Starfish Ln/Sanibel, FL
ListPrice/$1,095,000 - SalePrice/$995,000 - 3bd/2ba/1995 My Tern Ct/Sanibel, FL
ListPrice/$1,140,000 - SalePrice/$1,075,000 - 4bd/3/1ba/475 Sawgrass Pl/Sanibel, FL
ListPrice/$1,185,000 - SalePrice/$925,000 - 3bd/3/2ba/191 Kingfisher Dr/N. Captiva, FL
ListPrice/$1,195,000 - SalePrice/$1,025,000 - 3bd/3/1ba/5729 Baltusrol Ct/Sanibel, FL
ListPrice/$1,295,000 - SalePrice/$1,232,500 - 4bd/3ba/5116 Joewood Dr/Sanibel, FL
ListPrice/$1,495,000 - SalePrice/$1,400,000 - 3bd/3ba/11541 Wightman Ln/Sanibel, FL
ListPrice/$1,595,000 - SalePrice/$1,475,000 - 3bd/3/1ba/ 800 Sand Dollar Dr/Sanibel, FL
ListPrice/$2,149,850 - SalePrice/$1,950,000 - 4b/3ba/4617 Rue Belle Mer/Sanibel, FL
ListPrice/$3,295,000 - SalePrice/$2,800,000 - 5bd/5/1ba/4697 Rue Belle Mer/Sanibel, FL
ListPrice/$5,900,000 - SalePrice/$5,000,000 - 4bd/4/1ba/3745 West Gulf Dr/Sanibel, FL
VACANT LAND
ListPrice/$49,000 - SalePrice/$30,000 - 4511 Smugglers Dr/N. Captiva, FL
ListPrice/$89,000 - SalePrice/$50,000 - 4430 Oyster Shell Dr/Captiva, FL
ListPrice/$125,000 - SalePrice/$100,000 - 978 Main St./Sanibel, FL
ListPrice/$300,000 - SalePrice/$300,000 - 5759 SanCap Rd/Sanibel, FL
ListPrice/$385,000 - SalePrice/$327,500 - 1253 Par View Dr/Sanibel, FL
ListPrice/$399,000 - SalePrice/$250,000 - 0 Old Trail/Sanibel, FL
COMMERCIAL/INDUSTRIAL
ListPrice/$485,555 - SalePrice/$415,000 - 414 Lagoon Dr/Sanibel, FL
CONDO
ListPrice/$235,000 - SalePrice/$230,000 - 2bd/1ba/A-31, TennisPlace/Sanibel, FL
ListPrice/$329,000 - SalePrice/$270,000 - 2bd/2ba/#721, Mariner Pointe/Sanibel, FL
ListPrice/$299,000 - SalePrice/$280,000 - 2bd/2ba/#733, Mariner Pointe/Sanibel, FL
ListPrice/$319,000 - SalePrice/$299,000 - 2bd/2ba/#203, Sanibel Siesta/Sanibel, FL
ListPrice/$359,000 - SalePrice/$330,000 - 2bd/2ba/#4A, SandPebble/Sanibel, FL
ListPrice/$399,000 - SalePrice/$335,000 - 1bd/1ba/#7, White Caps South, FL
ListPrice/$399,000 - SalePrice/$399,000 - 2bd/2ba/#373, Loggerhead Cay/Sanibel, FL
ListPrice/$399,000 - SalePrice/$399,000 - 2bd/2ba/H303, Sundial/Sanibel, FL
ListPrice/$399,000 - SalePrice/$342,000 - 2bd/2ba/#2A, Villa Sanibel/Sanibel, FL
ListPrice/$409,000 - SalePrice/$391,000 - 2bd/2ba/#2H, Coquina Beach/Sanibel,FL
ListPrice/$469,000 - SalePrice/$414,700 - 2bd/2ba/#621, Sanibel Moorings/Sanibel,FL
ListPrice/$475,000 - SalePrice/$435,500 - 2bd/2ba/#330B, Island Beach Club/Sanibel, FL
ListPrice/$479,000 - SalePrice/$457,500 - 1bd/1ba/#2312 Sunset Beach Villas/Captiva, FL
ListPrice/$480,000 - SalePrice/$420,000 - 2bd/2ba/#A4, Breakers West/Sanibel, FL
ListPrice/$495,000 - SalePrice/$475,000 - 2bd/2ba/#313, LightHouse Point/Sanibel, FL
ListPrice/$499,900 - SalePrice/$440,000 - 1bd/1ba/#4B1, Ocean's Reach/Sanibel, FL
ListPrice/$510,000 - SalePrice/$475,000 - 3bd/2/1ba/#1A, Heron at Sanctuary/Sanibel, FL
ListPrice/$529,000 - SalePrice/$480,000 - 2bd/2ba/#220-C, Island Beach Club/Sanibel, FL
ListPrice/$550,000 - SalePrice/$525,000 - 3bd/3ba/#4302, Bayside Villas/Captiva, FL
ListPrice/$569,000 - SalePrice/$480,000 - 3bd/3ba/#350B, Island Beach Club/Sanibel, FL
ListPrice/$599,000 - SalePrice/$480,000 - 2bd/2ba/#12,White Sands/Sanibel, FL
ListPrice/$599,000 - SalePrice/$439,000 - 2bd/2ba/#D36, Pointe Santo/Sanibel, FL
ListPrice/$625,000 - SalePrice/$575,000 - 2bd/2ba/#212, Snug Harbor/Sanibel, FL
ListPrice/$634,900 - SalePrice/$589,000 - 2bd/2/1ba/#2B, Heron at the Sanctuary/Sanibel, FL
ListPrice/$639,000 - SalePrice/$530,000 - 2bd/2ba/#2012, Gulf Beach Villas/Captiva, FL
ListPrice/$639,000 - SalePrice/$620,000 - 2bd/2ba/#2A, Captiva Hideaway/Captiva, FL
ListPrice/$649,000 - SalePrice/$575,000 - 2bd/2ba/#2E, Coquina Beach/Sanibel, FL
ListPrice/$679,900 - SalePrice/$628,900 - 2bd/2ba/#308, Nutmeg Village/Sanibel, FL
ListPrice/$699,000 - SalePrice/$665,000 - 3bd/2ba/#Q205, Sundial/Sanibel, FL
ListPrice/$699,000 - SalePrice/$670,000 - 2bd/2ba/#5C, Shell Island Beach Club/Sanibel, FL
ListPrice/$699,996 - SalePrice/$640,000 - 2bd/2ba/#325, LightHouse Point/Sanibel, FL
ListPrice/$799,000 - SalePrice/$800,000 - 2bd/2ba/#E201, Sundial/Sanibel, FL
ListPrice/$899,000 - SalePrice/$875,000 - 3bd/2ba/#R206, Sundial/Sanibel, FL
ListPrice/$935,000 - SalePrice/$900,000 - 3bd/2ba/#1B, Janthina/Sanibel, FL
ListPrice/$949,000 - SalePrice/$900,000 - 3bd/2ba/#A212, Plantation Village/Sanibel, FL
ListPrice/$995,000 - SalePrice/$830,000 - 2bd/2ba/#E36, Pointe Santo/Sanibel, FL
ListPrice/$995,000 - SalePrice/$875,000 - 3bd/2ba/#1421, Beach Cottages/ Captiva, FL
ListPrice/$998,000 - SalePrice/$840,000 - 3bd/3ba/#305, Seascape of Sanibel/Sanibel, FL
ListPrice/$1,049,000 - SalePrice/$939,000 - 2bd/2ba/#204, Atrium/Sanibel, FL
ListPrice/$1,099,000 - SalePrice/$950,000 - 2bd/2ba/#N204, Sundial/Sanibel, FL
ListPrice/$1,150,000 - SalePrice/$1,065,000 - 3bd/2ba/#16, Signal Inn/Sanibel, FL
ListPrice/$1,200,000 - SalePrice/$1,150,000 - 3bd/2ba/#301, Sunward of Sanibel/Sanibel, FL
ListPrice/$1,270,000 - SalePrice/$1,150,000 - 3bd.2ba/#205, Atrium/Sanibel, FL
ListPrice/$1,395,000 - SalePrice/$1,290,000 - 2bd/2ba/#C301, By The Sea/Sanibel, FL
ListPrice/$1,495,000 - SalePrice/$1,300,000 - 3bd/3ba/#D3, Dosinia of Sanibel/Sanibel, FL
ListPrice/$2,195,000 - SalePrice/$1,600,000 - 3bd/2ba/#15, Beach Homes/Captiva, FL
ListPrice/$3,495,000 - SalePrice/$2,648,630 - 3bd/2ba/#2, Chelsea Place/Sanibel, FL
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Monday, April 4, 2011
Florida’s existing home, condo sales up in February
ORLANDO, Fla. – March 21, 2011 – Florida’s existing home and existing condo sales rose in February, according to the latest housing data released by Florida Realtors®. Existing home sales increased 13 percent last month with a total of 13,701 homes sold statewide compared to 12,164 homes sold in February 2010, according to Florida Realtors. February’s statewide sales of existing condos rose 29 percent compared to the previous year’s sales figure.
Florida attracts 2.8 million over decade
WASHINGTON – March 21, 2011 – New Census data show that Florida has registered its seventh consecutive decade of double-digit population growth. While the nation as a whole grew by 9.7 percent, the number of Sunshine State residents surged 17.6 percent as 2.8 million more people put down stakes here from between 2000 and 2010.
Harsh winter may have triggered vacation home market rebound
WEST PALM BEACH, Fla. – March 18, 2011 – After several years of negative trends in the real estate industry, a recent market study shows signs of increasing consumer confidence. The third annual Cotton Report polled more than 800 participants on housing preferences, motivating factors, pricing levels and timelines for purchase. The survey included participants from 39 states, as well as Canada, Europe and Latin America.
While no direct correlation was made to the harsh winter temperatures, the research survey indicated a substantial increase in the number of homebuyers seeking a vacation home purchase, an increase of 800% year-over-year. This dynamic trend is further supported by an increase in the number of buyers describing their transition as a geographic relocation, now 40%.
Spring jobs outlook goes up in 2011
News-Press Ft Myers Fl
Job prospects are expected to be better this spring than a year ago even as hiring slows slightly from earlier this year according to a labor market forecast to be published today. About 16 percent of Lee County employers expect to increase their staffing from April to June which is doubled from the 8 percent recorded a year ago, according to Manpower Economic Outlook Survey. That is a doubling no matter which way you look at it
Sanibel Pendings
I find that tracking current number of pendings gives me a barometer on sales traffic. It represents the current inventory of properties in the title companies working toward a closing. The number decreases when a closing occurs but increases on a new pending. Sanibel Condominiums continues to grow each week as Residential has remained the same. Reported by Jay Richter Managing Broker
Pending Sanibel 2011 Residential total #’s
3/23 3/16 3/8 2/24 2/17
34 34 40 30 31
Pending Sanibel 2011 Condominiums total #’s
3/23 3/16 3/8 2/24
31 30 24 16
ORLANDO, Fla. – March 21, 2011 – Florida’s existing home and existing condo sales rose in February, according to the latest housing data released by Florida Realtors®. Existing home sales increased 13 percent last month with a total of 13,701 homes sold statewide compared to 12,164 homes sold in February 2010, according to Florida Realtors. February’s statewide sales of existing condos rose 29 percent compared to the previous year’s sales figure.
Florida attracts 2.8 million over decade
WASHINGTON – March 21, 2011 – New Census data show that Florida has registered its seventh consecutive decade of double-digit population growth. While the nation as a whole grew by 9.7 percent, the number of Sunshine State residents surged 17.6 percent as 2.8 million more people put down stakes here from between 2000 and 2010.
Harsh winter may have triggered vacation home market rebound
WEST PALM BEACH, Fla. – March 18, 2011 – After several years of negative trends in the real estate industry, a recent market study shows signs of increasing consumer confidence. The third annual Cotton Report polled more than 800 participants on housing preferences, motivating factors, pricing levels and timelines for purchase. The survey included participants from 39 states, as well as Canada, Europe and Latin America.
While no direct correlation was made to the harsh winter temperatures, the research survey indicated a substantial increase in the number of homebuyers seeking a vacation home purchase, an increase of 800% year-over-year. This dynamic trend is further supported by an increase in the number of buyers describing their transition as a geographic relocation, now 40%.
Spring jobs outlook goes up in 2011
News-Press Ft Myers Fl
Job prospects are expected to be better this spring than a year ago even as hiring slows slightly from earlier this year according to a labor market forecast to be published today. About 16 percent of Lee County employers expect to increase their staffing from April to June which is doubled from the 8 percent recorded a year ago, according to Manpower Economic Outlook Survey. That is a doubling no matter which way you look at it
Sanibel Pendings
I find that tracking current number of pendings gives me a barometer on sales traffic. It represents the current inventory of properties in the title companies working toward a closing. The number decreases when a closing occurs but increases on a new pending. Sanibel Condominiums continues to grow each week as Residential has remained the same. Reported by Jay Richter Managing Broker
Pending Sanibel 2011 Residential total #’s
3/23 3/16 3/8 2/24 2/17
34 34 40 30 31
Pending Sanibel 2011 Condominiums total #’s
3/23 3/16 3/8 2/24
31 30 24 16
Thursday, January 13, 2011
SANIBEL/CAPTIVA HOMES SOLD 12/6/2010 - 1/13/2011
RESIDENTIAL (14)
ListPrice/$299,000/SalePrice/$257,500 - 4531 Seair Ln/NorthCaptiva/2bd/2ba
ListPrice/$329,000/SalePrice/$314,000 - 9312 Kincaid Ct/Sanibel/3bd/2ba
ListPrice/$389,000/SalePrice/$363,000 - 3965 Coquina/Sanibel/2bd/2ba
ListPrice/$450,000/SalePrice/$355,000 - 466 Gulf Bend Dr/NorthCaptiva/3bd/3ba
ListPrice/$575,000/SalePrice/$545,000 - 4516 Bowen Bayou Rd/Sanibel/4bd/2.5ba
ListPrice/$615,000/SalePrice/$550,000 - 962 Donax St/Sanibel/3bd/2ba
ListPrice/$895,000/SalePrice/$800,000 - 1262 Bay Dr/Sanibel/3bd/2ba
ListPrice/$995,000/SalePrice/$995,000 - 13500 Palmflower Ln/Captiva/4bd/4ba
ListPrice/$999,000/SalePrice/$870,000 - 538 Lake Murex Cir/Sanibel/3bd/3ba
ListPrice/$1,076,200/SalePrice/$1,076,200 - 767 Birdie View Pt/Sanibel/3bd/3ba
ListPrice/$1,190,000/SalePrice/$1,071,000 - 829 Pyrula Ave/Sanibel/3bd/3ba
ListPrice/$1,400,000/SalePrice/$1,220,000 - 572 Kinzie Island Ct/Sanibel/5bd/5ba
ListPrice/$1,739,900/SalePrice/$1,550,000 - 885 Limpet Dr/Sanibel/3bd/3ba
ListPrice/$8,995,000/SalePrice/$7,000,000 - 11410 Dickey Ln/Sanibel/5bd/6.5ba
Condo (16)
ListPrice/$299,000/SalePrice/$305,000 - # 209 Sanibel Siesta/2bd/2ba
ListPrice/$329,000/SalePrice/$270,000 - #721 Mariner Pointe/2bd/2ba
ListPrice/$519,000/SalePrice/$445,000 - #702 Marina Villas/2bd/2ba
ListPrice/$569,000/SalePrice/$515,000 - #2314 Sunset Beach Villas/2bd/2ba
ListPrice/$649,000/SalePrice/$600,000 - #3-A Heron at the Sanctuary II/3bd/2.5ba
ListPrice/$695,000/SalePrice/$635,000 - #M303 - Sundial/2bd/2ba
ListPrice/$699,000/SalePrice/$640,000 - #B-33 - Pointe Santo De Sanibel/2bd/2ba
ListPrice/$720,000/SalePrice/$720,000 - #2532 Beach Villas/2bd/2ba
ListPrice/$759,900/SalePrice/$720,000 - #D41 Pointe Santo De Sanibel/2bd/2ba
ListPrice/$999,000/SalePrice/$915,000 - #112 Compass Point/3bd/3ba
ListPrice/$999,000/SalePrice/$930,000 - #5-B Sunset South/2bd/2ba
ListPrice/$1,195,000/SalePrice/$1,075,000 - #1629 Lands End Village/2bd/2ba
ListPrice/$1,999,995/SalePrice/$1,635,000 - #C Sandals/3bd/3ba
ListPrice/$2,495,000/SalePrice/$2,087,500 - #301 Tantara/3bd/3ba
ListPrice/$3,495,000/SalePrice/$2,648,630 - #2 Chelsea Place/4bd/4ba
Vacant Lane (2)
ListPrice/$49,900/SalePrice/$30,000/Smugglers Dr/North Captiva
ListPrice/$299,000/SalePrice/$250,000/9345 Dimmick Dr/Sanibel
Commercial/Industrial (4)
ListPrice/$849,000/SalePrice/$550,000/720 Donax St/Sanibel
ListPrice/$999,000/SalePrice/$705,000/706 Donax St/Sanibel
ListPrice/$1,300,000/SalePrice/$1,485,000/1523 Periwinkle Way/Sanibel
ListPrice/$1,395,000/SalePrice/$1,395,000/1523 Periwinkle Way/Sanibel
ListPrice/$299,000/SalePrice/$257,500 - 4531 Seair Ln/NorthCaptiva/2bd/2ba
ListPrice/$329,000/SalePrice/$314,000 - 9312 Kincaid Ct/Sanibel/3bd/2ba
ListPrice/$389,000/SalePrice/$363,000 - 3965 Coquina/Sanibel/2bd/2ba
ListPrice/$450,000/SalePrice/$355,000 - 466 Gulf Bend Dr/NorthCaptiva/3bd/3ba
ListPrice/$575,000/SalePrice/$545,000 - 4516 Bowen Bayou Rd/Sanibel/4bd/2.5ba
ListPrice/$615,000/SalePrice/$550,000 - 962 Donax St/Sanibel/3bd/2ba
ListPrice/$895,000/SalePrice/$800,000 - 1262 Bay Dr/Sanibel/3bd/2ba
ListPrice/$995,000/SalePrice/$995,000 - 13500 Palmflower Ln/Captiva/4bd/4ba
ListPrice/$999,000/SalePrice/$870,000 - 538 Lake Murex Cir/Sanibel/3bd/3ba
ListPrice/$1,076,200/SalePrice/$1,076,200 - 767 Birdie View Pt/Sanibel/3bd/3ba
ListPrice/$1,190,000/SalePrice/$1,071,000 - 829 Pyrula Ave/Sanibel/3bd/3ba
ListPrice/$1,400,000/SalePrice/$1,220,000 - 572 Kinzie Island Ct/Sanibel/5bd/5ba
ListPrice/$1,739,900/SalePrice/$1,550,000 - 885 Limpet Dr/Sanibel/3bd/3ba
ListPrice/$8,995,000/SalePrice/$7,000,000 - 11410 Dickey Ln/Sanibel/5bd/6.5ba
Condo (16)
ListPrice/$299,000/SalePrice/$305,000 - # 209 Sanibel Siesta/2bd/2ba
ListPrice/$329,000/SalePrice/$270,000 - #721 Mariner Pointe/2bd/2ba
ListPrice/$519,000/SalePrice/$445,000 - #702 Marina Villas/2bd/2ba
ListPrice/$569,000/SalePrice/$515,000 - #2314 Sunset Beach Villas/2bd/2ba
ListPrice/$649,000/SalePrice/$600,000 - #3-A Heron at the Sanctuary II/3bd/2.5ba
ListPrice/$695,000/SalePrice/$635,000 - #M303 - Sundial/2bd/2ba
ListPrice/$699,000/SalePrice/$640,000 - #B-33 - Pointe Santo De Sanibel/2bd/2ba
ListPrice/$720,000/SalePrice/$720,000 - #2532 Beach Villas/2bd/2ba
ListPrice/$759,900/SalePrice/$720,000 - #D41 Pointe Santo De Sanibel/2bd/2ba
ListPrice/$999,000/SalePrice/$915,000 - #112 Compass Point/3bd/3ba
ListPrice/$999,000/SalePrice/$930,000 - #5-B Sunset South/2bd/2ba
ListPrice/$1,195,000/SalePrice/$1,075,000 - #1629 Lands End Village/2bd/2ba
ListPrice/$1,999,995/SalePrice/$1,635,000 - #C Sandals/3bd/3ba
ListPrice/$2,495,000/SalePrice/$2,087,500 - #301 Tantara/3bd/3ba
ListPrice/$3,495,000/SalePrice/$2,648,630 - #2 Chelsea Place/4bd/4ba
Vacant Lane (2)
ListPrice/$49,900/SalePrice/$30,000/Smugglers Dr/North Captiva
ListPrice/$299,000/SalePrice/$250,000/9345 Dimmick Dr/Sanibel
Commercial/Industrial (4)
ListPrice/$849,000/SalePrice/$550,000/720 Donax St/Sanibel
ListPrice/$999,000/SalePrice/$705,000/706 Donax St/Sanibel
ListPrice/$1,300,000/SalePrice/$1,485,000/1523 Periwinkle Way/Sanibel
ListPrice/$1,395,000/SalePrice/$1,395,000/1523 Periwinkle Way/Sanibel
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