SanibelSusan Realty Associates

2242 Periwinkle Way, Suite 3 at Sanibel Square, Sanibel Island, FL  33957

Phone: 239-472-HOME (4663)

Fax: 239-472-4673

Toll Free:  888-603-0603

E-mail: Susan@SanibelSusan.com

Go back to Our Listings

 10 price changes: 2001 Roseate Ln 2/2 now $340K, 1290 Sand Castle Rd 3/2 now $449K, 1001 East Gulf Dr 2/2 now $479K, 1262 Par View Dr 3/2 now $650K, 673 East Rocks Dr 3/2 now $659K, 1311 Sand Castle Rd 3/2 now $735K, 2735 Wulfert Rd 4/5 now $1.4M, 1209 Isabel Dr 5/4 now $1.545M, 4630 Rue Bayou 4/4 now $1.75M, 1212 Isabel Dr 3/3 now $2.295M.

2 new sales: 1012 East Gulf Dr 4/2 listed for $335K, 710 Birdie View Pt 3/3.5 listed for $998K.

4 closed sales: 523 Rabbit Rd 3/2 $425K, 1866 Farm Trl 3/2 $460K, 498 Surf Sound Ct 3/3 $775K (our listing), 205 Hurricane Ln 3/2 $800K.

LOTS
No new listings.

3 price changes: 1299 Par View Dr now $260K, 1120 Olga Ave now $299K (our listing), 604 Boulder Dr now $299K.
No new sales.

1 closed sales: 1808 Buckthorn Ln $235K.

8/27/10

I've been in Orlando this week at the annual Florida REALTORS® business meetings, attending some terrific classes which will give our listings broader exposure & bring us more buyers.
Transnational Referrals - Yesterday, I finished the class work to earn the TRC (Transnational Referral Certified) designation, which hopefully will bring us international prospects. Last year in FL, over 27% of closed sales were with foreign nationals, so earning this designation now makes me one of the few specialists in SW FL positioned to work with these buyers through cooperative agreements with over 30 countries (through ICREA which is the International Consortium of Real Estate Associations).
Networking - Have made many new face-to-face Realtor contacts this week too. We can't complain about our island condo market after learning, that Miami has 16 years worth of condo inventory at their current rate of sales. Now in additional to short sale & foreclosure specialists, they have REALTORS® that specialize in bundling condos for investors (who will rent them for a few years until the market rebounds). I heard of one Miami high rise that has nearly 800 units & only 1 is occupied. They are now selling at 1/4 the original 2005 prices. That's scary. Obviously, that market is having a tougher time with financing than we are on the West Coast, & it is contributing to the difficulties in lending requirements for FL condos.
Here are few tidbits a little closer to home:

2011 Shell Fair - The Sanibel Community Assoc announced that the 74th Sanibel Shell Fair & Show has been selected as one of the Southeast Tourism Society Top 20 events to attend during the spring. It will be Mar 3-5 next year, plus planning is already underway for the 75th anniversary event in 2012, which is expected to be an island-wide Shellabration. The fair is the largest exhibition of its kind in the U.S.
Sea School Opens at South Seas - The Sanibel Sea School has opened on Captiva at North Pointe in the heart of South Seas Resort. Though the Captiva campus is currently available only to South Seas guests, the original Sanibel Sea School is open to the pubic. Check out their offerings on www.SanibelSeaSchool.org. For 3 yrs, the school has offered children & adults education & exploration of the islands marine life & natural history.
TRIM Notices Mailed - Lee County mailed the 2009 preliminary tax notices last weekend. They can be viewed thru www.LeePA.org by going to the Real Property Search & then searching by address or name. When the property appears there is a link on the right for "2010 TRIM". There also is a good question-answer sheet on the home page.

Here's the Sanibel MLS activity since last Fri:

CONDOS

2 new listings: Sandpebble #4A 2/2 $369K, Sanibel Arms West #M3 2/2 $379K.

4 price changes: Mariner Pointe #1062 2/2 $369K, Sanibel Arms West #L6 2/2 $519K, Sundial #Q402 2/2 $649K, Plantation Village #A212 3/2 $1.095M.

3 new sales: Sundial #J303 1/1 $429K, Sanibel Inn #3524 2/2 $469K, Pointe Santo #E33 2/2 $799K.

 

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SanibelSusan’s Weekly Blog

9/3/2010 (Cont’d)

Here's the MLS activity for the week:

CONDOS

6 new listings: Colonnades #49 1/1 $199K, Ibis at The Sanctuary #A202 3/2 $449K, Sealoft Village #105 2/2 $529K, Sundial #H306 2/2 $575K, Nutmeg Village #214 2/2 $995K, Sundial #L405 2/2 $1.35M.

3 price changes: Sanibel Siesta #104 2/2 now $349.9K, Atrium #204 2/2 now $1.149M, Plantation Village #B122 3/3 now $1.995M.

2 new sales: Sundial #M303 2/2 listed for $695K, Gulfside Place #118 3/2 listed for $1.195M.

5 closed sales: Loggerhead Cay #343 2/2 $477.5K, Sandalfoot #4D3 2/2 $541K (our referral), Heron at The Sanctuary #2-2B 3/3.5 $550K, Shell Island Beach Club #7A 2/2 $585K, Gulfside Place #201 3/3 $1.5M.

HOMES

1 new listing: 766 Donax St 2/2 duplex $325K.