SanibelProperty.com

& CaptivaProperty.net

Sanibel Real Estate - Captiva Real Estate -  Island Real Estate - South West Florida Real Estate - International Investment

 Island Condos - International Property Specialists - Tropical Paradise

 

 

 

About Us

 

 

 

Wendy Humphrey

Realtor/Broker

Wendy@SanibelProperty.com

Direct Telephone:

(239) 851-2301

 

Pam King

Realtor

Pam@PamKing.com

Direct Telephone:

(239) 565-3636

 

SanibelProperty.com is an internet based real estate company focusing on providing information on island real estate quickly and easily throughout the world. SanibelProperty.com has four island-based associates.

Wendy Humphrey offers international knowledge and experience. She has lived and worked in Switzerland, Canada and the Bahamas and speaks French and a little Spanish and German.

Isabella Rasi, a German speaking associate from Bavaria backs this up with insight into the German market and the German buyer garnered from some 25 years experience in real estate in both Germany and the U.S.

Pamela King, a seasoned island business owner for 18 years has assisted people relocate homes and businesses in five different states. Mary Ann O’Keeffe is a long time island resident and a talented artist. She specializes in condo sales on the island.

To contact us:

E-mail: RealEstate@SanibelProperty.com

Telephone: Direct: (239) 851-2301

Toll Free: (888) 936-3962

Toll Free from England: 0800 028 8967

Toll Free Fax: (866) 570-6855

 

 

 

Isabella Rasi

Realtor

IsabellaRasi@aol.com

Direct Telephone:

(239) 246-4716

 

Mary Ann O'Keeffe

Realtor

MAOKeeffe@aol.com

Direct Telephone:

(239) 565-2806

 

 

 

   

 

 

 

 
 
   

 

 
 
   

 

 

   
       

 

 

 

 

   

 

 

 

 

 

 

 

 

   
     

 

 

 

   

 

 

         

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Average island prices drop but sales pick up pointing to good season

The average price of property sold on Sanibel between January 1st and September 30th has dropped 19% so far this year making a 25 percent decrease on average prices of sold property on Sanibel over two years.

The most expensive properties showed the biggest drop with a 27 percent drop in beachfront property prices and a 23 percent drop in bay front property. The only property type that gained was inland property which increased 13 percent in the first three quarters of this year.

Captiva fared no better with property prices overall dropping 30 percent over the year and 26 percent over two years. All categories dropped with near beach properties dropping as much as 55 percent.

Take a longer view and the picture is better. Captiva does better than Sanibel. Over five years, the average price of Captiva property has gained 57 percent. (But bear in mind that Captiva was still recovering from Hurricane Charlie five years ago and prices were depressed.) Average prices on Sanibel dropped just  9 percent over five years.

 

Take a still longer view and all categories fared, if not brilliantly, at least adequately.  Sanibel prices have increased 50 percent in the last ten years  and Captiva prices have gone up 42 percent with Captiva beachfront and Captiva near beach homes starring with 86 percent and 94 percent increases respectively. For a spreadsheet of island prices over ten years and more, e-mail Wendy at Wendy@SanibelProperty.com

And now for even better news……  Following a dismal start, a lackluster spring and a mediocre summer, sales have already started picking up for the fall with 17 homes and 14 condos either pending or contingent. This is highly unusual: October is generally our slowest month.