How's the Real Estate Market??

Sanibel, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Sanibel, FL

Tue Sep 22 2020
This week the median list price for Sanibel, FL is $962,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 94. Click here to stay informed with the Sanibel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Sanibel, FL

Tue Sep 22 2020
This week the median list price for Sanibel, FL is $962,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 94. Click here to stay informed with the Sanibel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sanibel market.
Median List Price $962,000
Per Square Foot $472
Days on Market 262
Price Decreased 28%
Price Increased 1%
Relisted 3%
Inventory 94
Median Rent $409,450
Most Expensive $16,895,000
Least Expensive $358,000
Market Action 34
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,395,000 3,995 1 - 2.5 acres 4 4 21 2 4 420
$1,175,000 2,716 0.25 - 0.5 acre 3 3 24 8 7 247
$827,450 1,976 0.25 - 0.5 acre 3 2 41 5 3 223
$649,000 1,596 0.25 - 0.5 acre 3 2 38 1 5 164