How's the Real Estate Market??

Sanibel, FL

Single-Family Homes

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



Sanibel, FL

Wed Oct 20 2021
This week the median list price for Sanibel, FL is $1,795,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has decreased to 29. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Sanibel, FL

Wed Oct 20 2021
This week the median list price for Sanibel, FL is $1,795,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has decreased to 29. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Sanibel market.
Median List Price $1,795,000
Median Price of New Listings $1,172,000
Per Square Foot $631
Average Days on Market 117
Median Days on Market 63
Price Decreased 24%
Price Increased 7%
Relisted 7%
Inventory 29
Median Rent $12,000
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$4,550,000 3,639 1 - 2.5 acres 4 4 30 0 0 140
$2,100,000 3,409 0.25 - 0.5 acre 4 3 20 1 0 63
$1,650,000 2,674 0.25 - 0.5 acre 3 3 27 0 0 35
$997,000 1,799 0.25 - 0.5 acre 3 2 39 3 4 28