The Carretta Report on Sanibel Captiva Real Estate 12/13/11 - 1/13/12

Sanibel Captiva The Carretta Report 12/13/11  - 1/13/12

First of all the weather has been A+ . 70’s - low 80’s and i just dont know the last time i havent seen a few days in Jan  being “ winter - like”...we are all loving it...and it’s showing up with the increase in sales too  

Home sales for past 30 days were:

1797 Serenity Lane $ 285,000

1454 Sandpiper Circle   $ 280,000

1436 Sandpiper Circle  $ 300,000

978 Greenwood Ct.  $ 340,000

1123 Sandcastle       $ 500,000

436 Glory                 $ 535,000

987 Black Skimmer  $540,000

689 East Rocks Dr     $ 565,000

4215 Gulf Pines Drive 542,000

4714 Rue Belle Mer $ 590,000

1240 Middle Gulf Drive $ 650,000

1287 Par View Drive $759,000

1326 Seaspray Lane  $ 1,100,000

3577 West Gulf Drive $ 2,985,000( gulf front home )

4449 Water’s Edge Lane  $ 3,550,000( gulf front home )

Pending and contingent Sanibel Homes 28

Condos on Sanibel  Sold durning past 30 days

c10 Colonnades $ 160,000

E-6 Sanibel Arms $ 213,000

D-4 Captains Walk $ 210,000

Tarpon Beach 110  $ 590,000

Tarpon Beach  201    572,500

Pelican’s Roost  302  $740,000

Sundial E201  $790,000

13 pending and contingent condos.. 2 over $1.8M

Homes outsold condos by a ratio higher than 2:1. Looking at the homes sold the majority were sold with owners using as second or primary homes. It Looks to me as only 3 , possibly 4 homes are going to be used as vacation rentals.

Have a great week!

Glenn