Sanibel Real Estate Market

Our island real estate market has been very active so far this year.  Market performance is usually expressed in sales terms which show past performance. In real estate it’s usually closed listings. There are other measurements, however, that express market expectations rather than past performance. They are pending and contingent listings. These are properties that have gone to contract but are not yet final. They have shown a very positive 1st quarter trend which indicates growth.

        5 year growth (2009 thru 2013)

Contingent listings    +43%
Pending listings   +62%

Closed listings    +102%

In addition, the inventory of active listings is the lowest it’s been in years which will start to drive prices up again.  If you have been considering buying on the islands, NOW IS THE TIME.  That’s good news. More good news,  I have had the best 1st quarter in 20 years.  So if you want to either buy or sell property call me today!