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.

Pending and Closed Sales continue to outpace new listings.

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. There were only 8 new listings, but 18 new pending sales and 4 closed sales on the islands.


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