The
Spring 2009
  Schuldenfrei
Serving
Sanibel &
Captiva for
over 33 years
REPORT
About real estate on Sanibel and Captiva Going to 7,000 property owners and 15,000 Northern visitors.


Page 3

THERE HAS NEVER BEEN A BETTER TIME TO BE A BUYER OF SANIBEL & CAPTIVA ISLAND REAL ESTATE
Lots of Inventory with very low Interest rates. The entire Islands MLS is located on-line complete with Listing data sheets and photo’s and up-dated daily at www.schuldenfrei.com/listings_mls.html 

We have listed below some of the properties that have been
entrusted to David so that you can see the broad range of property values he works with. Details at www.schuldenfrei.com/real_estate/listings/a_listings.htm

DAVID'S
 SHOWCASE

SANIBEL GULF FRONT/VIEW CONDOS
Ocean’s Reach 2D3  2B/2B third floor Gulf Front $875,000
Pointe Santo E5 2B/2B Ground floor Gulf Front $1,260,000
Sand Pointe 116 2B/2B first floor Gulf Front $ 965,000
Sand Pointe 132 2B/2B third floor Gulf View $ 699,000
Sandpiper Beach 303 2B/2B first floor Gulf Front $799,000
SANIBEL HOUSES 
4717 Rue Belle Mer 3B/3B Gulf Front $2,995,000
4453 Waters Edge Lane 4B/3B pool Gulf Front $3,600,000
1282 Par View Drive 3B/2B Golf course view $815,000
1709 Serenity Lane 3B/2B Wild life preserve view $499,000
FORT MYERS HOUSES 
8894 Greenwich Hills Way 4B/2.5B Wild life preserve view $2,995,000
SANIBEL LOTS
4453 Tahiti Drive Corner Near Beach Location $400,000
5813 Pine Tree Drive Oversized Direct Access
Canal Front Lot
$599,000

The entire MLS inventory of condo’s, private homes and vacant lots presently for sale on both islands are located on line at my Internet site ( www.schuldenfrei.com ) under "Real Estate Availability".  Here you will find full details and photo’s of the entire Islands Inventory. The "Real Estate Availability" site is up-dated daily. Photo tours of most of the island’s condominium complexes can viewed at our Vacation Rental Internet site - Gopher Enterprises - www.gopherrental.com. Let David market your property and get the experience and attention you’re entitled to.


YOUR BEST INTEREST IS MY ONLY BUSINESS
List your property with me and 
let my promise work for you!



REAL ESTATE STATISTICS

(Sales data is for contingent, pending and closed sales)

BACKGROUND DATA (1ST QUARTER)

 

2008

2009

%Chng
CLOSED SALES (Units)  
Homes 28 24 -14%
Condos 23 18 -22%
Lots 2 3 +50%
Total 53 45 -15%
       
PENDING/CONTINGENT SALES (Units)
Homes 48 19 -50%
Condos 32 18 +/- 0%
Total 80 37 -44%
       
HOUSES
Gulf/Bay 1 4 +300%
Other A* 2 5 +150%
Other B** 25 15 -40%
Total 28 24 -14%
       
CONDOS      
1 BR 2 3 +50%
2 BR 15 11 -27%
3 BR 6 4 -34%
Total 23 18 -22%
       
AVERAGE SALE PRICE (000)
Homes $1002 $1330 +33%
Condos $834 $793 -5%
Total $926 $1100 +19%
       
AVERAGE DAYS ON MARKET
Homes 270 175 -35%
Condos 260 154 -41%
Total 265 166 -37%
       
* Bayou, Canal & Roosevelt Channel
** Near Beach, Inland
Source: Market Activity Report
       
NOTE: Data run on 4/10/08 using the search function of Association web site.  THE INFORMATION ABOVE IS BELIEVED TO BE ACCURATE BUT IS NOT WARRANTED


A LOT OF BRIGHT SPOTS!

• Building lot sales are up which is a real good sign in
a mature market. 
• Condo sales show growth in the smaller units.
• Waterfront homes are up so the high end of the market
seems good. 
• Properties are selling a lot faster, meaning there are willing sellers out there.

These are all good indications of a market that is ready to go. They are not indicative of a market that is going to shrink or retreat. Indicators such as these are pretty good signals that something is going to happen. Don’t miss out.


LET DAVID SCHULDENFREI HELP YOU!

I am prepared to help you any way I can in serving your
property needs – whether buying, selling or renting – or just providing information if that’s your need. I’ve been doing this for over 33 years so I know the islands and I know what works and what to avoid. So put me to work. I’ll bet you’ll be glad you did!


DAVID IS READY TO SERVE YOU

David has been providing valuable service and counsel to a wide range of clients and customers for over 34 years. And he is ready to serve you – right now. If you have an interest in either buying, selling or renting island property then, David is your man. You cannot find a better, more experienced, real
estate professional. The success of his business is a testament to the excellence of his service. The satisfaction of his clients and customers is a testament to that success. That’s why so many return to him. So if you have an interest in learning more about island property call him. He will be committed to serving you in a professional and sensitive manner. 


...AND DON’T FORGET THE
OTHER SERVICES 
                     THAT DAVID OFFERS!

MLS NOTIFICATION 
We’ll let you know by email whenever a property that meets your needs is available. We’ll let you know the
same day it comes on the market. 

PRICING 
We’ll be pleased to prepare a report to show what
recent comparable properties have sold for. A help whether you’re buying or selling.

GOPHER ENTERPRISES 
Will help
you find the perfect rental place. Just let them know what 
your needs are and
they will deliver. Now is the time to book your 2008/2009
 Winter Reservations –
www.gopherrental.com

NEW SERVICE  
ATTENTION PROPERTY OWNERS – NEW HOME WATCH SERVICE. 
Does your home or Condo need an
expert home watch service? Call us now for details! 

"Discover the Difference A Dave Makes.   
Your Best Interest Is My Only Business"

                                                                  VIP Realty Group Inc.
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www.schuldenfrei.com • 800 553-7338 x 227 • davids@schuldenfrei.com