So far 2015 YTD Sales on Sanibel & Captiva Islands have exceeded 70 Million with an additional 90 Million in pending sales. Once again this week's pending sales (25) outpaced new listings (14) further reducing our record low inventory.

Low interest rates combined with low inventory are bringing many buyers and sellers together and we are continuing to see several price reductions.

Contact us anytime to discuss your personal real estate goals and how our current market conditions affect them now and in the future.

As the week of February 3rd, 2015 came to a close, the Sanibel inventory of homes for sale, condos for sale, and vacant land listings continue to shrink. We remain 10.4% down from last year's inventory at this same time and are down 55% from our peak inventory which occurred March 1st, 2009.

This week resulted in 10 price reductions with the previous month seeing 41 price reductions for Sanibel and Captiva homes, Island condos as well as vacant island lots for sale. We also had 8 new listings, 18 new pending sales and 4 closed properties for the week.


Thank you for reading this article. We welcome your questions and look forward to the opportunity to earn your business and help you achieve your real estate goals. Give us a call anytime to discuss current market conditions and how they may affect your goals.