Just a heads up that over the last six weeks, and especially the last two weeks, we have been experiencing what I will call a feeding frenzy with a large volume of properties in all price ranges selling. It has been amazing. If this continues and it most likely will for at least the next eight weeks of high season,... Read More »
The numbers are in for 2012 and things are looking up in our local real estate market. There were 181 homes sold with an average price of $825,837 (+.64% from 2011). There are an additional 15 homes under contract. For Condos in 2012 there were 149 sold, up from 142 last year with another 15 under contract, although the average... Read More »
There have been 171 closed homes sales so far with 20 more under contract, compared to 179 all of last year. The average sales price is up slightly from 2011…a good sign for our market. For condo sales we are at 145 closed so far this year (9 others under contract) which has surpassed the 142 sold last year. Lot sales... Read More »
Houses Number Sold (closed) Average Sale Price 2011 178 $820,569 (+5.85% from ’10) 2012(as of 9/29) 139 $807,249 (-1.6% from ’11) (-29.44% from ’06) Condos 2011 143 $589,213 (-3.18% from ’10) 2012 (as of 9/29) 130 $567,290 (-3.72% from ’11)(-34.56% from ’06) Lots 2011 18 $378,381 2012 (as of 9/29) 26 $415,165 (includes 2 gulf front lot sales) Overall, it... Read More »
Congratulations to VIP Realty Group. Just voted Best Real Estate Company on the Islands. VIP was established on Sanibel in 1975 and has become one of the largest privately owned full-service real estate companies in southwest Florida. I am proud to be associated with them. If you are ready to sell your property or buy a new one, give me... Read More »
I have a new listing at Island Beach Club. Although it is not direct Gulf front, this unit still has incredible Gulf views. It’s a 2 bedroom/2 bath and has almost $34,000 in rentals so far this year. Priced to sale at $649,000. Call me for more details on this great listing. Read More »
The numbers of sales this year is up in all categories. For 1/1/12-9/1/12 there have been 153 closed condo sales with 10 more under contract. For the same period in 2011 there were 134 closed sales. Similar numbers in the house sales category with 153 sold this year (23 under contract) compared to 141 for the same time period last year. ... Read More »
This wonderful place we live in continues to be a big attraction to vacationers. The Chamber has reported that the number of visitors in January was up 16% over a year ago. They also reported that there has been a significant rise in traffic on both islands and their retail members are reporting that business was up this past season.... Read More »
Here are some interesting statistics for 2003-2012 (year to date): Houses Number Sold (closed) Average Sale Price 2003 238 $698,622 2004 269 $851,418 2005 266 $1,017,864 2006 156 $1,144,135 2007 143 $1,024,007 (-10.5% from ’06) 2008 147 $957,316 (-6.5% from ’07) 2009 144 $755,003 (-21.13% from ’08) 2010 121 $775,172 (+2.67% from ’09) 2011 178 $820,569 (+5.34% from ’10) 2012(as... Read More »
The Sundial Beach and Golf Resort has been sold to local investors for $2.3 million. The sale closed earlier this month. Although plans haven’t been finalized yet, there is talk of a new spa, store, fitness center and an over all upgrade of the banquet and convention space. I’ve also heard that they plan to reopen the tiki bar and restaurant... Read More »
