Sanibel Real Estate Stats

Here are some interesting statistics comparing sales so far this year to the total sales in previous years:

Sanibel Sales for 2003 through 2012

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 ’0925)

2011                       178                        $820,569  (+5.34% from ’10)

2012 (as of 6/3)        85           $774,584  (-5.6% from ’11)(-32.3% from ’06)

Note: 28 houses are under contract on 6/3/12, sale prices are not public at this point.

Additionally there are 4 houses under Short Sale contracts.

Condos 

2003                         187                       $645,460

2004                         205                       $641,149

2005                         232                       $758,507

2006                         143                       $866,972

2007                           87                       $782,644 (-9.7% from ’06)

2008                           94                       $722,889 (-8% from ’07)

2009                           86                       $668,227 (-7.56% from ’08)

2010                         120                       $608,545 (-8.93% from ’09)

2011                         143                       $589,213 (-3.18% from ’10)

2012 (as of 6/3)          87                       $577,193 (-2.04% from ’11)(-33.42% from ’06)

 Note: 23 condos are under contract on 6/3/12, sale prices are not public at this point.

Additionally, 3 condos are under Short Sale contract.