It was another week of winter weather here on the islands. Though nights were cold and daytimes were often mid-60’s, we had quite a few days with blue skies and sunshine too. Yesterday, there also was some much-needed rain.
Forecasters say that by Tuesday, temperatures could get into the 70’s here again. We are ready for that!
More Recovery & New Pizza Place
During my travels this week, I noticed more activity at several spots:
Former Dairy Queen building – on Periwinkle is further along, but I didn’t see anyone working today.
Pointe Santo – has their new community building going up (between Buildings B and C). It will eventually be the new spot where they will host their children’s programs. Today, I spotted a worker on the roof there. They also
have put in more new landscaping along West Gulf Dr and the tennis courts. It looks great!
Scooters Pizza – a new pizza place at 2496 Palm Ridge Rd (next door to Subway) says it will have Detroit-style deep dish, New-York-style hand-tossed, thin-crust, and gluten-free pies. Also loaded fries and Italian gelato. Delivery too on Sanibel and Captiva. Not sure of the opening date, but their sign and website say “Opening Soon” 239-49-PIZZA, http://www.Scooters.Pizza
Sanibel & Captiva Islands Association of Realtors
There was a West-End Caravan meeting yesterday with nine properties open for easy viewing after the meeting. One got canceled at the last minute. Next Thursday morning, the East-End Caravan meeting will be at The Dunes with an update on their community offerings.
Island Real Estate Scoop
Looking at the residential real estate activity posted in the SanCap MLS, since last Friday, there have been 15 new sales: nine Sanibel homes, three Sanibel condos, and three Captiva condos.
During the same time, there were 15 new listings, one back-on-market, and 23 price changes.
We are often asked, “what’s moving?” On Sanibel, that would be mostly high-end homes. Many of the home listings today are new or in like-new condition from restoration after the last storms.
Are the condo and vacant lot markets still bad? That answer is “They are getting better”. A few Sanibel buyers are snatching up good deals at complexes that have reopened and finally some vacant land buyers also have emerged. On Captive, it is mostly low-end condos that are going under contract. Just one Captiva home is under contract year-to-date.
Do we continue to hear of challenges at condo communities that are wrestling with recovery issues? “You bet”, but problem-solving is part is our business and our local Realtor community is great about sharing information and helping each other.
We heard again this week from several owners thinking of selling. It is a tough decision for many who love the island.
The SanibelSusan Team is always looking for new listings and is happy to provide free CMA’s (Comparative Market Analyses). Electronically signing listing (and sales) agreements is easy with Form Simplicity which is provided to us by Florida Realtors.
Below, with data from the island MLS are summary tables of the residential sales statistics, followed by the details of the MLS action reported this week.
|
SANIBEL Residential |
CONDOS |
HOMES |
|
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
# |
Avg Price |
DOM |
|
|
For sale |
177 |
1,058,427 |
180 |
243 |
1,664,395 |
124 |
|
55 |
1,737,734 |
262 |
|
Under contract |
14 |
587,964 |
241 |
35 |
1,592,242 |
120 |
|
3 |
516,633 |
310 |
|
Sold to 2/6/2026 |
3 |
1,205,000 |
108 |
19 |
2,154,013 |
144 |
|
3 |
411,666 |
129 |
|
Sold 2025 |
104 |
755,564 |
153 |
159 |
1,291,016 |
140 |
|
7 |
952,857 |
252 |
|
Sold 2024 |
75 |
818,493 |
117 |
165 |
1,472,757 |
114 |
|
15 |
1,403,533 |
192 |
|
Sold 2023 |
98 |
955,261 |
65 |
263 |
1,267,390 |
73 |
|
24 |
920,645 |
76 |
|
CAPTIVA Residential |
CONDOS |
HOMES |
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
|
For sale |
46 |
1,384,073 |
227 |
30 |
6,661,050 |
238 |
3 |
10,166,666 |
450 |
|
Under contract |
8 |
775,312 |
119 |
1 |
4,900,000 |
489 |
0 |
N/A |
N/A |
|
Sold to 2/6/2026 |
2 |
1,292,500 |
318 |
0 |
N/A |
N/A |
0 |
N/A |
N/A |
|
Sold 2025 |
16 |
931,187 |
214 |
12 |
2,480,375 |
90 |
0 |
N/A |
N/A |
|
Sold 2024 |
13 |
1,728,846 |
185 |
8 |
4,887,187 |
182 |
0 |
N/A |
N/A |
|
Sold 2023 |
17 |
834,176 |
98 |
17 |
2,716,647 |
70 |
0 |
N/A |
N/A |
Sanibel & Captiva Islands Multiple Listing Service Activity Jan 30 – Feb 6
Sanibel
CONDOS
6 new listings: Captains Walk #D71/1 $289K, Sanibel Surfside #223 2/2 $825K, Sundial #A406 1/1 $830K, Island Beach Club #210F 2/2 $839K, Oceans Reach #1D2 2/2 $985K, Bayview Village #1A 3/3 $1.095M.
4 price changes: Blind Pass #G206 2/2 now $574K, Gulf Beach #203 2/2 now $599K, Heron at The Sanctuary #1-2B 3/3.5 now $975K, Seascape #102 3/3 now $2.499M.
3 new sales: Mariner Pointe #312 2/2 (SanibelSusan listing & sale) listed for $399K, Cottage Colony West #110 1/1 listed for $425K, Sandpebble #2E 2/2 listed for $494K.
1 closed sale: Cottage Colony West #125 1/1 $425K.
HOMES
8 new listings: 4546 Buck Key Rd 4/3 $799K, 5422 Osprey Ct 3/2.5 $1.095M, 556 Sea Oats Dr 3/2 $1.15M, 595 Piedmont Rd 3/2 $1.299M, 505 Lighthouse Way 4/3 $1.687M, 1245 Ferry Rd 5/4 $3.6M, 431 Bella Vista Way E 5/4 $3.95M, 1552 San Carlos Bay Dr 4/3.5 $4.695M.
1 back-on-market: 2337 Wulfert Rd 4/3 $1.589M.
14 price changes: 220 Palm Lake Dr 3/3 now $949K, 1564 Middle Gulf Dr 3/2.5 now $1.149M, 3990 Coquina Cr 3/2 now $1.175M, 824 Birdie View Pt 3/3 now $1.325M, 800 Beach Rd 3/2 now $1.35M, 4353 Gulf Pines Dr 3/2.5 now $1.395M, 3351 Barra Cir 3/2.5 now $1.399M, 2313 Wulfert Rd 4/3 now $1.475M, 1682 Sabal Palm Dr 4/2 now $1.479M, 1537 Sand Castle Rd 4/3 now $1.6M, 5438 Shearwater Dr (1/2 duplex) 3/3.5 now $1.765M, 2729 Wulfert Rd 4/4.5 now $1,797,990; 6450 Pine Ave 3/3 now $2.199M, 1730 Jewel Box 4/3 now $2.799M.
9 new sales: 1390 Middle Gulf Dr #E (1/2 duplex) 3/3 listed for $649K, 1730 Middle Gulf Dr 3/2 listed for $799K, 1041 Blue Heron Dr 3/2.5 listed for $899K, 1970 Wild Lime Dr 4/3 listed for $1.232M, 734 Sand Dollar Dr 3/3.5 listed for $1.595M, 732 Windlass Way 4/3.5 listed for $1.599M, 1160 Buttonwood Ln 4/3.5 listed for $1.925M, 1114 Seagrape Ln 3/2 listed for $3.195M, 1258 Anhinga Ln 4/4 listed for $3.799M.
9 closed sales: 548 Chert Ct 3/2 $650K, 1643 Bunting Ln 2/2 $675K, 748 Windlass Way 3/3 $1.21M,1234 Middle Gulf Dr 3/3 $1.425M, 5639 Baltusrol Ct 4/4.5 $2.6M, 766 Sand Dollar Dr 4/4.5.5 $2.7M, 628 Lighthouse Way 4/5.5 $3.2M, 1258 Anhinga Ln 4/4 $3.6M, 3615 West Gulf Dr 4/4.5 $9.7M.
LOTS
No new listings.
3 price changes: 4019 Coquina Dr now $399K, 4733 Rue Belle Mer now $700K, 4037 Coquina Dr now $950K.
No new or closed sales.
CAPTIVA
CONDOS
No new listing.
2 price changes: Tennis Villas #3117 1/1 now $289K, Gulf Beach Villas #2122 2/2 now $1.9M.
3 new sales: Tennis Villas #3111 1/1 listed for $299K, Tennis Villas #3235 1/1 listed for $309K, Beach Villas #2523 1/1 listed for $590K.
No closed sales.
HOMES
1 new listing: 16950 Captiva Dr 7/7 $18.9M.
No price changes, new or closed sales.
LOTS
Nothing to report.
This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association, or its MLS, may not reflect all real estate activity in the market. The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating in or participated in these transactions.
Enjoy your weekend, Susan Andrews, aka SanibelSusan























































