Sanibel Island Real Estate

MLS 2110740

2012-02-06T06:32:00.000-08:00

Wonderful Lexington Southmont Cove 3 bedroom now $ 195,000 . lake front. check for open houses in near futute
thanks glenn

1/21/12- 1/27/12

2012-01-27T11:51:00.000-08:00

all island closings this week

9248 Belding $ 235,000

1133Sandcastle $ 442,000

Spanish Cay D-6 $ 315,000

Beach Villa ( captiva ) # 2224 $ 550,000

All Island Contingent- do not know yet what they are under contract for.

555 Rabibit Rd.

3940 Coquina dr

731 Nerita St.

4407 West Gulf Drive

301 Ibis at the Sanctuary

310 Nutmeg $ 549,900

________

Lets go to the movies!

2012-01-22T11:22:00.001-08:00

Lets go to the movies!

Movie of new listing on jonathan harbour here: http://gallery.me.com/glenncarretta/100356

Movie of Wulfert Road here: http://gallery.me.com/glenncarretta/100364

Weather- doesnt feel like Jan- daily highs of low 80’s...Perfect!

Sales this week.

Homes

683 Emeril Ct. $ 449,000

3145 Twin Lakes Lane 444,000

1057 Sandcastle $ 625,000

947 Lindgren $ 665,000

784 Birdie View $ 1,500,000

Condos

G206 1/1 $ 260,000

Sanibel Arms West i-8 $ 427,000

Sand pointe # 133 $ 534,255

Gulf Side Place # 104 $ 1,129,500

OPEN HOUSE at 1314 Isabel Drive Sunday 12-4 Jan 22, and Jan 29 ( Sundays )

stop by and take a look at this fabulous Bay Front...$ 2,295,000

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

2012-01-13T13:08:00.001-08:00

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

The Carretta Report 11/13- 12/3 Real Estate Sales Closings thru all mls during this period. Sanibel and Captiva Islands.

2011-12-05T10:40:00.001-08:00

1046 Sandcastle Road $355,000

3180 Twin Lakes drive $ 582,500

618 North Yachtsman $ 670,000

11536 Wightman Lane $ 757,500

6192 Henderson $829,000

16891 Captiva dr.$1,150,000

1052 Whisperwood Way $ 1,350,000

1251 Seagrape Lane $ 1,950,000

Condos

Sundial $ g207 $ 205,000

S. moorings 1622 4 325,000

T. Bayside Village #5330 $ 550,00

Sunward of Sanibel 3/2 $ 750,000

# 8 new pending condos during this period

# 17 new pending homes

New Listing!

Get the ? beach house- feeling ? with the advantages of community amenities Gulf Peak from oversized lanai +

Floor plan is unique to Sunset South offering

a private den+ 2 oversized in-suite bedrooms.

Open kitchen with granite +,newer cabinets.

beadboard ceilings,hard wood floors w/soothing coordinated decor + hues.

Paver drives,active clubhouse + sparkling pool, immaculate grounds, full time maint. supervisor on site.

Garage, workshop and storage.Total of 1900 square feet. Go to Sunsetsouth1b.com Watch my video HERE!

Increased activity prior to Thanksgiving week and should see activity once again increase from 12/10- 12/22

Weather fabulous tonight 68 degrees with big stars.....Sanibel is looking beautiful..luminary sanibel

this past weekend..

have a sunny week

Glenn

Sanibel Captive Real Estate Market Update 10/10/11 - 10/31/11

2011-11-01T07:56:00.000-07:00

Sanibel Captive Real Estate Market Update 10/10/11 - 10/31/11

November is one of my most favorite months on the islands...

the weather is just about perfect and the sunsets are beyond description..only pictures can tell the story...

Winter residents are coming back and there is a positive vibe on the islands..
our market is getting busier and we are meeting new future residents daily.
Interest rates still holding at around 4- 4/25% and with more bike paths, new bridge on lindgren, and new vegetation on palm ridge...the island life is good.

Closed Properties
Lot
971 Main Street $ 100,000
$ 537 Lighhouse way $ 528,000

Homes
$ 5659 San cap Rd. $525,000
4628 Rue Belle Mer $ 687,500
600 N.Yachtsman $ 825,000
11550 Laika Lane $ 1,400,000
1751 jewel box $ 1 250,000

Condos
mariner point # 1062 $ 279,000
Spanish Cay $ 269,000
Mariner Point # 1021 $ 230,000
Coqunia Beach # 3E $ 375,000
Pelican?s Rost # 103 $ 525,000
Point Santo C-7 $677,000
Loggerhead Cay # 174 $ 562,000

Come down and enjoy our sun.....
Have a great week .
Glenn

Read full article here. . .

Glenn Carretta, Broker Associates

John R. Wood Island Real Estate Inc.

1019 Periwinkle Way

Sanibel, FL. 33957

Click here to search all available properties through MLS

Sanibel Captiva Real Estate Market Update 9/23/11 - 10/10/11

2011-10-12T08:30:00.001-07:00

2294 Wulfert Road - $1,089,000
4/4+den+pool and spa.Lake front
close proximity to sanibel school-
3650+ square feet includes guest house ..must see ..designer furnished with quality in mind.
Nothing like it at this price!

1314 isabel drive Bay front 150? on water. nearly 1/2 acre of prime property. over 4000 sq? includes nanny quarters in the 4/ 3/12 ba gracious ranch Walls of windows. stone fireplace , family room, den, formal dining...simply the best and most exciting listing on the island.Dock on safe harbor across drive an option.
Priced well below replacement $ 2,295,000

Closed Sanibel and Captiva Sales from 9/23- 10/10/11
Homes

965 Main St . $ 216,000
3808 West Gulf Drive $ 426,000
4248 Old Banyon Way $ 430,000
4632 Rue Belle Mer $ 486,200
1247 Par View Drive $ 680,000
1717 Jewel Box $588,827
5422 Shearwater $ 780,000
970 Victoria Way $950,000
5235 Indian Court $ 1,090,000
11537 Laika Lane $ 1,275,000
2596 Wulfert Drive $ 2,225,000
Condos
sanibel arms 1/1 $ 180,000
Village of sanibel $ 279,000
Loggerhead Cay 544 $ 525,000
Gulf Side Place # 106 $795,000
Lands end village 3/3 $ 1,750,000

Check us out of Facebook here!

Sanibel Island Real Estate Update

2011-09-20T12:41:00.001-07:00

Sanibel & Captiva Real Estate Update for

9/13- 9/20 The Carretta Report

There isn?t a vistior who doesnt go ?Ahhh when they walk in. 1314 Isabel Drive has 150? on the bay and the pool has the best views on the islands... phone me for your appointment. 239-850-9296
more information go to 1314isabeldr.com

2 closings this week:
491 Rabbit Road sold for full price $ $339,000
4797 Rue Helene sold for $542,000

Activity:
2 contingent sales on Captiva.
a Roosevelt Channel home and a Lands End Village condo
Showing Activity: I showed property in the $650- $700,000 range last weekend, and this weekend

I am showing $600,000- $ 1.2 to one couple and under $400,000 to a woman retiring to the Island.

Open House on Sunday- 4 couples through
NEW QUARTERLY NEWSLETTER- My assistant is putting together this week my newsletter
Which will be going out in the newspaper shortly ( Mid-Oct )..Very interesting stats.
We are down in inventory .
Since June we have a 14% decrease in homes on the market!

Visited a condo at sanibel arms west i sold a year ago ( A1) it has been totally redone and it is fabulous! To book it 239-472-1898. Best Island value.
676 Anchor Drive - owners refurnishing and will become a monthly rental. 3/3 canal front.

Sanibel Island & Captiva Island Real Estate Market Report

2011-08-23T11:26:00.001-07:00

Sanibel Island & Captiva Island Real Estate Market Report

The Carretta Report closed sales 8/5/11- 8/23/11

This is our slow time of year . . . actually one of the best times to purchase if you are looking for a time when there is less competition and you may have a bit more purchase power compared to march when all hands are on deck.

Interest rates are at all times low with fixed conforming ( borrowing under $ 417,000 ) at

4.15- 4.25% and shorter adjustable rates - 7 year less hovering around 3.5%.

Captiva had 2 home sales close

15557 Captiva Drive $ 2,100,000

11525 Murmond Lane $ 485,000 ( needed much work )

Sanibel 1 home closed

1035 South Yachtsman Drive $ 753,000

2 condos on Sanibel

Spanish Cay A1 $ 315,000

Sandpoint # 227 $ 615,000

Great Buys

my pick of last report ..the lot on main st. is under Contract

My picks now for entry level properties are

Captains Walk- 2 to choose from from $ 225,000- $ 240,000

Home mid Island 2/2 high $ 200.000’s

All is well on the island ...hope you have a good week.

Beginning the 7th of Sept i will again go to weekly reports..vacation time for most of us is over and time to get back to work full time plus.

Best to you-

Glenn

Sanibel Captiva Real Estate Market Update for the Past 30 Days

2011-08-04T08:07:00.001-07:00

Sanibel Captiva Real Estate Market Update for the Past 30 Days

17 homes closed

15 condos closed

Homes on Sanibel and Captiva which closed for past 30 days.

535 Piedmont Road $ 305,000

976 Greenwood Ct. $ 335,000

1133 Schooner Drive $ 350,000

1236 Sandcastle $ 397,000

566 Boulder Drive $ 520,000

1431 Sandcastle $ 665,000

1320 Eagle Run $ 730,000

827 Angel Wing $ 685,000

1162 Kittiwake Cir $ 1,200,000

722 Sandollar drive $ 1,060,000

16722 Captiva Drive $ 1,000,000

4501 Water?s Edge Lane $ 1,800,000

4443 Waters Edge Lane $ 2,100,000

4249 West Gulf Drive $ 4,350,000

Condominiums closed

Colonaddes C41 $ 160,000

Bayside Villas $ 255,000

Spanish Cay C-1 $ 332,000

SAW M-4 $ 375,000

Island Beach Club $ 410,000

Sunset Beach Villa $ 439,000

C point 243 $ 460,000

Heron at the Sanctuary $ 500,000

Sandy bend $ 535,000

Shell Island Beach Club $ 538,000

Sundial E 104 $ 686,000

Signal Inn # 13 $ 800,000

Point Santo P41 $ 860,000

Atrium 306 $ 1,000,000

Bay front on Isabel has had a serious showing once a week- Ground level 150? on the bay a big advantage. www.1314isabeldr.com $ 2,495,000

Paper Fig Home on deep water - showings up from season- $ 1,594,000 Must see! Go to www.1141paperfigct.com

Sold my listing at Sanibel Arms West M-4 $375,000

My listing on Anchor Drive is under contract was listed for $819,000

sold my gulf front on waters edge lane $1,800,000

Carretta Commentary- This is the time if you have been a serious sanibel buyer to consider the island. From a foreclosure lot on main street for $110,000 to a gulf front home with guest home in gulf ridge east in the 3 million dollar range there has never been a better time to call paradise home. Search the continent for a better city to call home and let me know what you find....i cant find a better place. read full article here

2011-06-17T10:31:00.000-07:00

Sanibel and Captiva Sales, contingent and pending from 6/3- 6/16/11

2011-06-17T10:25:00.000-07:00

Closed Homes

1613 ( 1/2 duplex) $ 345,000

4573 Bowen Bayou Rd. $575,000

751 Sand dollar Drive $ 750,000

5379 Shearwater $970,000

1212 Isabel $ 1,750.000

544 Lighthouse Way $ 2,150.000

Homes pending or contingent

535 Piedmont Rd. $ 355,000

15152 Wiles Dr. $595,000

4573 Bowen Bayou $ 595,000

728 Anchor Drive $699,999

11524 Andy Rosse Lane $ 2,395,000

1210 Par View Drive $659,000

600 N. Yachtsman Drive $ 939,000

1139 Schooner Drive $395,000

Vacant land closure

Gulf front West Gulf Drive- oversized with 135’ frontage $ 2,175,000

Condos - closed

3 Bayside Villas $ 249,000- $ 314,900 ( captiva south seas 1 bedroom )

Sandpiper Beach # 401 $ 610,000

Villas Of Sanibel A 301 $ 1,075,000

Janthina 2A $ 1,087,500

Spanish Cay A1 $ 319,000

White Sands 15 $ 749,000

Showings up for June in compared to last year .

Open house on Anchor drive last sunday- 6 couples through and 2 realtors.

There will be an open House this Sunday 19th from12-3 at my listing on Anchor Drive-

stop by 676 Anchor Drive..or if up north..check out this new listing at 676anchordrive.com

*price decrease for the estate home I have listed on Paper Fig Drive. This is the most photographed home on sanibel. Pristine and very very special.

Now priced at $ 1,594,000 beautifully furnished , hardwood floors, fireplace, dream kitchen ...and you are moments to the bay..

Old Florida style family retreat with room for the whole family. Enjoy direct access boating and a beautiful back yard with pol and spa, and gorgeous vegetation...

you must see this home!

998 Whelk Drive - $ 799,000 pool and shell harbor...take a look at this 2300 sq’ home with 3 bed+ den. oversized lot - cathedral ceiling private beach access.

Visit my Real Estate site - go to www.TeamSanibel.com

Glenn Carretta, Broker Associate

John R. Wood Island Real Estate Inc.

1019 Periwinkle Way Sanibel FL 33957

239-395-3100 or 239-850-9296

glennc@coconet.com

Sales from 5/18/11- 6/3/11 Sanibel and Captiva

2011-06-03T08:33:00.001-07:00

New listing- Popular east end location..check out my video click here

Canal front - near beach 676 Anchor Drive $ 819,000 MUst see click here for details

Sales from 5/18/11- 6/3/11 Sanibel and Captiva

37 total closings during this period..
20 homes
16 condos
1 lot

Home closings
1148 Shell basket Lane $ 335,000
849 Beach Road $402,000 ( duplex )
658 Donax street $ 450,000
4237 Old Banyon Way $ 430,000
1467Sandcastle $ 400,000
810 Elinor Way $ 445,000
3570 Bunny Lane $578,000
950 Cabbage Palm $520,000
700 Heather lane $ 740,000
1241 Par View Drive $750,000
11540 Gore Lane $867,500
1172 Kittiwake $925,000
1214 Buttonwood Lane $ 965,000
16171 Captiva Drive
1310 Seaspray lane $ 2,200,000

vacant land
4415 Gulf Pines $ 394,000

Condominiums

Sanibel Siesta # 101 $349,000
Sanibel Siesta # 803 $ 355,000
Tennis Villa 2/2 $377,500
Sanibel Arms West i4 $383,500
Sanibel Arms West B-4 $385,000
Tennis Villa 3230 $ 412,000
Captiva hideaway 1c $ 446,250
Mariner Point unit ___ $ 457,500
Sanibel Siesta 603 $ 515,000
Sunset South 4A $665,000
Moonshadows 1B $667,000
Pointe Santo A35 $850,000
Villas Of Sanibel A202 $910,000
janthina 3A $ 1,200,000

Sanibel & Captiva Island Real Estate Closings from 5/1/2011- 5/18/2011

2011-05-19T09:14:00.000-07:00

Sanibel & Captiva Island Real Estate Closings from 5/1/2011- 5/18/2011

Homes

994 Whelk Drive $ 517,000 2/2

421 Rain tree $600,000

486 Surfsound Ct. $669,000

549 East Rocks drive $ 695,000

700 Heather Ln $740,000

1558 San Carlos Bay Drive $ 900,0005709

5709 Baltusrol $ 1,150.000

1209 Isabel Drive $ 1,250,000

945 South Seas Plantation $ 4,500,000

4453 Water?s Edge Lane $2,216,513

Condos

1073 South Seas Plantation $ 1,600,000

6 Sunset Captiva $ 1,600,000

1 lot closed

355 Cowry Ct $ 225,000

Pendings/ Contingents

7 homes

3 lots pending

25 condos pending or contingent

Search all MLS Click Here . . .

Glenn Carretta, Broker Associate

with John R. Wood Island Real Estate Inc.

1019 Periwinkle Way

Sanibel Island, FL. 33957

239-850-9296 or 239 - 395-3100

glennc@coconet.com

www.TeamSanibel.com

Sanibel & Captiva Island Real Estate Sales Activity from 4/20/11- 5/2/11

2011-05-04T12:12:00.000-07:00

Sanibel & Captiva Island Real Estate Sales Activity from 4/20/11- 5/2/11

Sanibel and Captiva Closed

1186 Sandcastle Road $470,000
230 palm Lake $ 475,000
1148 Seagrape Lane $ 470,000
3952 West Gulf Drive $ 840,000
11536 Andy Ross Lane $ 1,500,000
16778 Captiva Drive $3,100,000

Pending

9417 Sage Ct. $ 450,000
4237 Old banyan $ 479,900
994 Whelk $ 549,950
1241 Par View Drive $798,000
11536 Andy Rosse Lane $ 1,500,000
16171 Captiva $ 1,595,000
# 6 Sunset Captiva $ 1,875,000
Sanibel Arms West i4 $ 415,000
Sanibel Arms West B4 $ 419,000
849 Beach rd ( duplex ) $449,000
728 Anchor Drive $ 699,999
1320 Eagle Run $799,900
1255 Par View Drive $ 1,175,000
1073 South Seas Plantation Rd. $ 1,850,000
4443 Waters edge lane $ 2,580,000
1310 Seasspray lane $ 3,250,000

Gulf front land - west gulf drive- under contract $ 2799,000

Closed Condos

Tennis place $ 258,000
SAW L-7 $425,000
Blind Pass B-208 $380,000
Lighthouse Point 211 $558,000
Yacht Haven #5 $650,000
Sedgewood $ 2,247,500
Gulf Beach # 102 $ 599,00
Sundial R 404 $ 650,000
SanibelSiesta $ 560,000
Compass Point $960,000
Janthina 3A $ 1,295,000
Jantihina 2A $ 1,295,000
Janthina 2B $1,350,000
bayside villa 4212 $ 285,000
Blind Pass $ 379,000
Ibis @ Sanctuary $ 460,000
Captiva Hide- away $499,000
Sandy Bend # 2 $ 599,000
Villas of sanibel $ 995,000
Bayside Villa 4322 $579,000

Glenn Carretta, Broker Associate
John R. Wood Island Real Estate Inc
1019 Periwinkle Way Sanibel FL 33957
239-395-3100 or 239-850 9296
glennc@coconet.com
www.TeamSanibel.com

The Carretta Report 4/4/11-4/20/11

2011-04-19T12:45:00.000-07:00

The Carretta Report 4/4/11-4/20/11

Sales are brisk , but at reduced prices. A great time to be a buyer...TIME To Make Your Move!!

Closed Sales Homes:
951 Sand Castle Road $ 390,000
6072 Dinkeins Lake Rd $ 435,000
271 Robinwood Cir $ 600,000
5429 Shearwater $ 705,000
6005 Clam Bayou Ln. $899,000
3705 West Gulf Dr. $ 2,550,000
1304 Seaspray Lane $2650,000

Closed Condos:
Tennis place A 31 $ 230,000
Mariner Pointe 1032 $ 340,000
Coquina beach 2H $ 391,000
Villa Sanibel 3C $ 450,000
Sundial J404 $ 510,000
Island Beach Club 350 B $ 480,000
Seascape of Sanibel $ 302 $ 800,000
Janthina 1B $900,000
Atrium 204 $939,000
Villas of Sanibel A102 $ 950,000
Sunward of Sanibel 301 $1150000

Pending and contingent sales (under contract, but not yet closed. Price reflects the asking price and not the sale price)

Lots:
lot Beverly lane $ 149,000
lot c Middle gulf drive $ 199,000
4415 Gulf Pines Drive $ 399,000
355 Cowry Ct. $ 295,000

Condos:
Sanibel Siesta # 803 $399,000
Tanglewood 4A $ 1,100,000
Moonshdows 1B $765,000
Vilas of Sanibel $ 1,150,000
Gulf side Place # 314 $1,179,000
Janthina 2A $ 1,295,000
Janthina 2B $1,350,000
Pointe Santo De Sanibel D42 $599,000
Sanibel Moorings 232 $417,500
Donax Village #3 349,000

Homes pending or contingent:
230 Palm Lake Drive $495,000
421 raintree Pl.
486 Surf Sound Ct. $ 669,00
5429 Shearwater $705,000
1740 middle gulf drive $735,000
1558 San Carlos Bay drive $999,999
1209Isabel Drive $ 1,545,000
1320 Seaspray Ln. $ 2,795,000
3705 West Gulf Drive $ 2,995,000
1236 Sandcastle Road $425,000
4237 Old Banyan $ 479,000
810 Elinor Way $499,000
700 Heather Lane $795,000
751 Sand dollar $799,000
1172 Kittiwake $995,000
791 Pen Shell $1,249,000
1212 Isabel Drive $ 1.995,000
544 Lighthouse Way $ 2,500,000
4249 West Gulf Drive $ 5295,000

Homes- short sales:
1663 Bunting Lane $ 359,000
1101 Castawasy lane $ 695,000

Pending lots:
1 at Sanctuary
5624 Balustrol Ct. $ 220,000

Team News:
Had Open House in my Sanctuary lisitng this past Sunday. Everyone loves this estate home I have listed ( go to Teamsanibel.com) 4/4 with den pool and wonderful lake views..high ceilings fireplace, new storm doors and windows....just reduced $ 140,000..
Time to make your move $ 1,149,000 furnished ( over 3600 sq? living ...impossible to duplicate !!!!!)
Also- had 2 good showings on my Paperfig listing - go to see it at www.teamsanibel.com
its back yard surpasses any.
$ 1,674,000 furnished...get ready to WOW!

Offers: 2 other listings i have

Closings: Monday 4/25/11 on one of my Sanibel Arms West listings.

Glenn Carretta is a Broker Associate with John R. Wood Island Real Estate inc. and is located at 1019 Periwinkle Way Sanibel FL 33957. Reach Glenn at 239-850-9296 or direct 239-395-3100 glennc@coconet.com and www.TeamSanbiel.com

3/22/11-4/5/11

2011-04-05T09:47:00.000-07:00

Real Estate Market Update for Sanibel & Captiva Islands,FL 3/22 - 4/5/11

I think it has rained twice since Christmas holiday. Now i’m not here to brag..but if you are thinking of becoming a SW floridian there never has been a better time... the interest rates are still low ( 5% ish ) and the prices though beginning to inch up in some areas are crazy low for the island life you can have.....think about it..let me keep you in the loop....tell me what you are looking for...visit me often on line..share my expertise in the island marketplace. It will be worth it.

On another upbeat note..here are 4 homes which are the best of the best in each category. Enjoy my 1 min. movie!

Closed

Residential

446 lagoon $ 310,000

9428 Moonlight $ 460.000424 E Gulf Drive $ 465,000

1824 Farm Trail $ 540,000

5729 Baltusrol $ 1,025,000

4617 Rue Belle Mer $ 1,950,000

3745 W. gulf Drive $ 5,000,000

Condos

Mariner point # 733 $ 280,000

White Caps South $ 335,000

Sundial Q 205 $ 665,000

Sundial N 204 $950,000

Atrium 205 4 1,150,000

Dosinia D3 $ 1,300,000

pending

Residential

1148 Shell Basket Lane $ 398,000

1148 Seagrape Lane $529,000

700 Heather Lane $ 795,000

1320 Seaspray Lane $ 2,795,000950 cabbage palm $ 623,000

970 Victoria Way $999,000

Condos Pending or contingent

heron at the Sactuary 1 B $ 519,000

Shell Isladn Beach Club 7c $589,000

Sundial P 301 $ 599,000

Sunset South 4A $ 719,000

Janthina 3A $ 1,379,000

Sedgemore 201 $2,495,000

Go to www.Teamsanbiel.com for more information!

The Carretta Report 3-22-11

2011-03-25T10:16:00.001-07:00

Open publication - Free publishing

Sanibel & Captiva Real Estate Market Update for 3/01/11 - 3/17/11

2011-03-17T11:04:00.001-07:00

Sanibel & Captiva Real Estate Market Update for
3/01/11 - 3/17/11

1141 Paper Fig Ct listing for $1,674,000 go to www.1141PaperFig.com for more information

Homes closed
5151 San- cap Rd. $280,000
743 Martha’s Lane $381,000 ( $ 2,000 over asking )
9426 Kava Court $ 379,000
1954 Roseate Lane $ 400,000
1730 Windward Way $ 405,000
1809 Farm Trail $ 430,000
1805 Farm Trail $ 500,000
1302 Par View Drive $ 575,000
5690 San Cap Road $ 575,000
3894 West Gulf Drive $ 730,000
246 Christopher Ct. $775,000
4640 Rue Belle Mer $830,000
2311 Starfish Ln $905,000
475 Sawgrass Pl $ 1.075.000

Condos closed

Sundial H303 $ 399,000
2312 Sunset Villa $ 457,500 ( 1/1/)
Breaker’s West $ 420,000
D-36 Pointe Santo $ 539,000
Sundial E-201 $800,000
Sundial R206 875,000

Interest rates remain low and interest high on the island for single family homes and for condos too..more condos went under contract this week..have 28 pending now.

Weather 75% and sunny.
Have a great week everyone…glenn.

Sanibel Captiva Real Estate Market Update 3/7/11

2011-03-08T10:24:00.001-08:00

Sanibel Captiva Real Estate Update for
2/22/11- 3/07/11
For the past 16 days there have been 21 new closings and 35 new pending and contingent contracts.
The closed sales include:
743 Martha Ln $381,000
2143 Periwinkle   $447,000
1809 Farm Trail   $430,000
1805 Farm Trail   $500,000
1513 Farm Trail   $535,000
1302 Par View $575,000
1252 Par View $590,000
1405 Causey Ct. $620,000
3894 West Gulf $730,000
1237 Seagrape $793,250
2311 Starfish $905,000
475 Sawgrass    $1,075,000
11541 Wightman $1,400,000
Vacant land
1253 Par View $327,000
Old trail $250,000
4308 West Gulf    $520,000
Condos
Sanibel Siesta 203  $299,000
Loggerhead Cay  373  $399,000
Sunset Beach Villas ( south seas) $440,000
breakers west  $420,000
Oceans reach 4b1  $ 440,000
Pointe santo de sanibel D36  $539,000
***********************************************
Come to our Gala Open House at the Sanctuary Golf Course Friday 10-4
3/11

Open House daily during the month of march at sanibel arms west ..time vary.
M4

Thank you for visiting me at teamsanibel.com

VirtuallyShow Tour

2011-02-23T11:58:00.000-08:00

VirtuallyShow Tour: "VirtuallyShow Tour video."

Sanibel & Captiva Real Estate Update for 2/22/11

2011-02-22T13:11:00.000-08:00

The Carretta Report
2/1/11- 2/22/11
Sales for the past 3 weeks
For the first 22 days of Feb. there have been one sale a day, or 22 sales reported through mls Sanibel.
Again, the split between condos and homes
average price home closed for the month of Feb. was $585,700
average price condo closed for the month ofFeb  was $ 594,800
Under contract this month- a bay front high 2million
Under contract this month a gulf front mid 2m area
1 commercial building on Lagoon sold $ 415,000
1 lot sold mid $300’s
Activity has increased - especially past 1 week
just reduced condo at white sands dropped to $ 599,000 and sold in a day or two.
NOTE- if you are a serious buyer..now is the time to e-mail me and let me know you wish to be informed when there is a price drop or new underpriced listing ...you will need to act fast for certain properties.  We are an island..and bottom line is there still is only so many properties that could be on the market.
I have heard Fort myers Beach is booked solid for season...Tarpon Beach unit 110 which is on the market for $ 709,000 has never booked so well. This year has 30k booked already..
Good signs of recovery..
Here are the properties sold past 22 days.
Homes
962 Sandcastle Road $ 326,000
749 M artha Lane $ 360,000
1440 Sandpiper Corcle $ 415,000
540 East Rocks $ 520,000
1192 Kittiwake $ 543,750
678 East Rocks  $543,750
668 Anchor Drive $635,000
1581 Sandcastle $710,000
4996 Sandcastle $ 825,000
Condominiums
Island Beach Club 330B $ 435,000
island Beach Club 220C $ 480,000
Snug Harbor $575,000
heron at the SANCTUARY $589,000
Gulf beach Villas ( Captiva ) $530,000
Nutmeg Village $628,900
Shell Island beach Club $ 670,000
Lighthouse Point # 325   $ 640,000
Seascape # 305 $840,000
Signal Inn # 16  1.065,000
Beach Homes 15   $ 1,600.000
BIG OPEN HOUSE COMING-
20 SANCTUARY HOMES AND CONDOS WILL BE OPEN FOR TOURING ON MARCH 4,2011 TOUR OF HOMES AT THE SANCTUARY...COME ON AND STOP BY. LOOK FOR BIG ADD DROP OUT COLOR BROCHURE .
JUST LISTED!!
1141 PAPER FIG

WEATHER HAS BEEN:  balmy 75 degrees and sunny. it has been fabulous and every
realtors best friend. Great for business .
Interest rates still remain low..It is a good time to take advantage of 2000 prices...
e-mail me for your Guide for buying and selling real estate..
have a great week.
glenn

go to www.TeamSanibel.com

Sanibel & Captiva Island Real Estate Market update 1/25-2/1/11

2011-02-02T07:58:00.000-08:00

Sanibel & Captiva Real Estate Market Weekly Update 1/25 - 2/1

There have been signs of yesterday this past week.
2 sales beach front
When Loggerhead Cay 373 dropped his price to $ 399,000 there were 3 offers within days.

Here are a couple of pictures of a fabulous gulf front home I just listed.

Lots of interest on the island..weather still fabulous here with days sunny in the low 80's.
Looking for a great time to buy..never better..interest rates still low with more mortgage options.
Have a great week!
Glenn

Sales:
Residential
1105 Skiff Pl $435,000
540 East Rocks Dr $520,000
9127 Mockingbird Dr $530,000
678 East Rocks Dr $543,750
9028 Mockingbird Dr $500,000
5116 Joewood Dr $1,232,500
4697 Rue Belle Mer $2,800,000
Vacant Land
978 Main St $100,000
Condo
Heron at the Sanctuary 1A $475,000
Pointe Santo E36 $830,000
Commercial
414 Lagoon Dr $415,000

Sanibel & Captiva Island Real Estate Market update 1/2/11

2011-01-02T12:45:00.000-08:00

Sanibel & Captiva Island Real Estate Market update 1/2/11
Happy New Year everyone!
The last 23 days have been busy so I apologize for not getting the update up in a timely fashion.
There have been 19 closings on Sanibel and Captiva. The mood is mixed. There are some areas of Sanibel and Captiva which seem to have hit bottom, while others may have a bit to go.
The News Press today ( Jan 2, 2011 ) real estate section notes there is hope now in the real estate market here. There have been several phone calls in the past 14 days from buyers who have calculated we are at the bottom and it will never be a better time to buy.
Other buyers are calculating income on condos and with cash offers estimating what their incomes would be on their money..
These are all good signs.
I track properties in the fort myers, Buckingham and alva areas also. When there used to be acreage available in the $150,000 - $200,000 range . . . that has virtually dried up and no longer can be found in the entry level . . . Interesting.
Good Buys..there are still a few. Go to www.SanibelGolfCourseHomes.com for detailed information
Below are pictures of a fabulous, newer ground level home with guest home located in The Sanctuary at Wulfert Point. It is offered for $1,289,000 mostly furnished - lake views - a great price!

Also - Beachviews Best Buy! Now Listed below $650,000 - cant replace anywhere near that number!

Have a good week and be back next week!

Sanibel & Captiva Closed Sales
Residential
4516 Bowen Bayou Rd $545,000
1262 Bay Dr $800,000
13500 Palmflower Ln $995,000
829 Pyrula Ave $1,071,00
885 Limpet Dr $1,550,000
11410 Dickey Ln $7,000,000
572 Kinzie Island Ct $1,220,000

Commercial
1523 Periwinkle Way $1,485,000
1523 Periwinkle Way $1,395,000

Condos
Sanibel Siesta #209 $305,000
Sunset Beach Villa $515,000
Heron at the Sanctuary #3A $600,000
Sundial #m303 $635,000
Beach Villas #2532 $720,000
Pointe Santo #D41 $720,000
Captiva Shores #5A $685,000
Compass Point #112 $915,000
Lands End Village #1629 $1,075,000
Sandals #C $1,635,000
Tantara #301 $2,087,000

Go to www.TeamSanibel.com for more information

Sanibel & Captiva Real Estate Market Update for 10/12/10- 10/25/10

2010-10-26T09:26:00.001-07:00

Sanibel & Captiva Real Estate Market Update for10/12/10- 10/25/10
Activity on the Islands

Buyers coming in- I have received 4 e-mail and one phone call this week from interested buyers coming in for Novemeber to search for propeties. Sounds like this may end up to be a good year, and next year better..

Sold
143 compass point $ 842,0001859 ibis Lane $ 469,000
710 Birdie View $880,000
978 Oyster Court $900,0001232 Isabel drive $ 1,108,125

Contingent or pending
3965 Coquina Drive $389,000
1430 Causey Court $ 549,000
5289 Umbrella Pool $ 595,000
3745 West Gulf Drive $5,900,000
446 Lagoon $ 425,000
232 mariner pointe $599,000
3a heron at the sanctuary $ 649,000
For information on our luxury division go towww.SanibelandCaptivaLuxuryProperties.com

Golf Course Home info
www.SanibelGolfCourseHomes.com

Sanibel ArmsWest
www.SanibelArmsWestCondos.com

Have a great week!
For more information and up to date MLS listings go towww.TeamSanibel.comFeel free to call me anytime at 239-850-9296

Sanibel Real Estate Market Update 10/12/10

2010-10-12T07:43:00.000-07:00

Sanibel Real Estate Market Update 10/12/10
Sales are up past 10 day with an impressive list of new contracts .

Pending/contingent
4039 West Gulf Drive $ $3495,000
997 Fish Crow Rd       $ 649,000
11525 Gore Lane    $ 1,995,000
16465 Captiva Drive $ 2,350,000
3745 West Gulf Drive   $ 5,900,000
2001 Roseate Lane $320,000
255 hurricane Lane $ 229,000 ( lot )
108 sanibel siesta $299,000
J303 Sundial $429,000
Sanibel Arms West L-7 $ 474,000
Pointe Santo De Sanibel E-33 $799,000
sanibel Sunset   $ 1,625,000
Bayside Villas ( captiva ) $ 295,000
446 Lagoon Drive $ 425,000

Closed
Blue Gulf # 102   $ 945,000
Gulf Side Place # 104   $865,000
Gulfside Place # 118 $ 1,100,000
For more information on Buying & Selling on Sanibel & Captiva Request Glenn's Guide

For more information go to www.TeamSanibel.com

Other Great Island Sites

www.TarponBeach.com

www.SanibelGolfCourseHomes.com

www.KinzieIslandSanibel.com

www.SanibelArmsWestCondos.com

and for information on Glenn's Luxury Division go to: www.SanibelandCaptivaLuxuryProperties.com

Sanibel Real Estate Market Update for Week Ending 10/1/10

2010-10-04T10:36:00.000-07:00

Sanibel & Captiva Real Estate Market Update for Week Ending October 1, 2010

Please enter into my Carretta report
Sanibel sales year to date first 3 quarter report

Condo sales
1/1/09- 10/01/09 # 64
1/1/10- 10/01/10 # 98

Homes
1/01/09- 10/01/09 # 111 sold
1/01/10- 10/01/10 #101 sold?though 9 sales are pending.

Sales past 2 weeks- 9/14- 9/30/10
Half duplex 978 Sandcastle road $ 345,000
1409 Albatross Rd. $ 400,000

Vacant land
3762 Coquina dr $ 240,000
1340 Eagle Run Drive $150,000

Condos closed
Colonnades C49 $ 190,000
Tennis place A-26 $240,000
Mariner Pointe # 733 $240,000
Coquina Beach 5D $ 350,000
Sanibel Inn 994 $ 395,000
Lands End Village 1657 $ 975,000
Lands End Vllage 1656 $ 1,300,000

I have begun a Luxuxury Division of my team
Please check it out at www.SanibelandCaptivaLuxuryProperties.com

Glenn and team

Glenn's New Guide for Buying & Selling Sanibel & Captiva - FREE

Go to www.TeamSanibel.com for full MLS Searches, photos and Videos

www.SanibelArmsWestCondos.com
www.TarponBeach.com
www.KinzieIslandSanibel.com

Sanibel & Captiva Real Estate Market Update for Week Ending September 3, 2010

2010-09-06T08:09:00.001-07:00

Sanibel & Captiva Real Estate Market Update for Week Ending September 3, 2010
Closings this week were up. 8/27- 9/3
Homes
523 rabbit Road $ 425,000
1866 Farm Trail $ 460,000
1386 Sandcastle $500,000
498 Surssound $775,000
Condos
Loggerhead cay  $ 477,000
Sandalfoot 4D3  $541,000
Heron at the Sanctuary $ 550,000
Sanibel island Beach Club $ $585,000
Beach Cottage 1425 $875,000
Gulfside Place # 201  $ 1,500,000
2 lots closed

My new listing at the Santuary!
Its overlooking golf course..but membership is an option.
Priced right at $ 1,289,000 this is in my newly created
"Best Sellers" Collection. This book was created as
A coffee table piece for marketing.
For more information on this property go to:
Sanibelgolfcoursehomes.com or my listings on teamsanibel.com

First 3 days in Sept our office has 2 contingent condo sales…Interest rates down as low as 3.75%( 5 year fixed ) and  30 year 4.375%.

2010-08-30T08:00:00.000-07:00

Sanibel & Captiva Real Estate Market Update for Week Ending August 27, 2010
Closed Sales:
2582 Wulfert Rd $557,500
3987 Coquina Dr $494,000
710 Donax St $380,000
6141 Henderson St $417,000
Average List to Sale Ratio was 94%
New Glenn's Guide for Buying & Selling Sanibel & Captiva Available.
Click here to order you free copy

Have A Great Week!
Glenn

Sanibel & Captiva Island Real Estate Market Update

2010-08-09T08:53:00.000-07:00

Sanibel & Captiva Island Real Estate Market Update
7/22 - 8/9

Great house at Great price ..Now $688,500

Beachview’s Best Value-George Parker Remodel in 2006,3/3 + sunny pool overlooking golf course. Huge storage , 3 split plan includes a mother in law suite with privacy. Lots of windows and good sunlight. Vaulted ceiling, everything close to new inside. Color and draperies robb and stucky designer choices. 23’ long fabulous eat in kitchen…Approximately 2400 square footage of living…this is the one you want to see..many upgrades- lighting – electric hurricane shutters-laundry room- big closets- new carpets- colorful gardens! Pride of Ownership

Here are the sales for the past 19 days which have closed.

1105 Skiff Place $364,000

2582 Wulfert Rd $557,500

303 Palm Lake Dr $550,000
Pointe Santo C-4 $399,000
Sundial T304 $599,000

Heron at the Sanctuary $590,000

Sunset Beach Villas on Captiva $840,000
Interesting to see more contingent sales now directly corresponding to the oil fix timeline, so the next few weeks should see increase in amount of sales.

Hope you are all having a great summer as I am.

It is beautiful down here each season..but there is something special about the evenings here after the rain..

Best to you!

Glenn
For all available properties on Sanibel and Captiva go to http://www.teamsanibel.com/
Also check out these great websites: http://www.sanibelarmswestcondos.com/
http://www.tarponbeach.com/

Sanibel Captiva Real Estate Sales 7/14-7/21 market update

2010-07-19T09:54:00.000-07:00

Market update for

7/14-7/21

slow summer ...lazy days... calls coming in looking for information on properties..but buyers coming in closer to fall.

closed sales this week:

1047 Blue Heron Dr. 510k

sunset south 4 D 615k

sundial r204 $640k

A PAY ATTENTION PRICE!

Just reduced home in kinzie island which is 5/5 plus pool on canal

beach cabana..f/p private elevator..amazing home NOW $1,650,000.

For more information and MLS searches for the Islands go to www.TeamSanibel.com

Also check out these great new sites:

www.sanibelarmswestcondos.com

www.tarponbeach.com

Have a great week!

-Glenn

2010-07-12T10:53:00.000-07:00

Weather is fabulous with bright blue skies and a little balmy breeze..

Beaches are clean !

sales brisk for a summer week.

Kinzie island Villa A $ 1,850,000 . Sold before it hit mls.

4 bedroom east end with best views on the island.

A canal home on Kings crown- $1,300,000- that sold before it hit the

open mls market also...

8995 Mockingbird- $ 525,000

5735 PIne Tree Drive $ 920,000

vacant land on West Gulf Drive ( 4318 West Gulf ) $ 600,000

F5 Spanish cay $330,00

sundial J204 $ 515,000

Sanibel Surfside # 127

Have a great week

Check out my new Sanibel Arms West website http://www.sanibelarmswestcondos.com/

Best,
Glenn
http://www.teamsanibel.com/

June 22, 2010

2010-07-01T14:29:00.001-07:00

It's Tuesday 6/22/10

Historically the past 10 days are the island's slowest sales period and this year no exception.

from 6/12- 61/22 the Island had 8 closings..half in cash.

they were:

2401 Shop Rd. $190,000

848 Limpet Dr. $1,062,000

11312 Eagle Run ( lot in beachview ) $ 210,000

Captiva Estate Gulf Front lot 16250 Captiva Drive $ 2.800,000

Sandpebble 3D $325,000

Loggerhead # 331 $350,000

Coquina Beach 1B $410,000

*** More vacationers are here than last year...several of the condos were booked last week. Amazing for JUne.

The beaches are lovely and the afternoon rain cools off the sand for good evening walks.

Have a wonderful week..and be back next week.

Glenn

Go to http://www.teamsanibel.com/ for more information and available properties

Sanibel Island Florida June 12, 2010

2010-06-14T05:57:00.001-07:00

For more Sanbel & Captiva information including photos and all active mls information go to http://www.teamsanibel.com/

Sales activity and quick check of market conditions 6/12/10

Good day! It Sunday morn and time to check the real estate market conditions and sales. These sales have been from 6/01/10- 6/12/10

Homes-

513 Rabbit Road $425,000

1627 Sandcastle rd $420,000 ( Duplex )

682 Sea Oats Dr. $482,500- ( no room for a pool )

9091 Mockingbird Dr. $ 515,000

6016 White Heron $860,000

2287 Starfish Lane ( butterknife ) $999,000

1870 Woodring Rd. $ $1,950,000

Vacant Land

9023 Mockingbird $310,000

1326 Seaspray Lane $480,000

Condos closed

spanish cay E-3 $295,000

Sanibel Moorings 642 $385,000

Coquina Beach 1 B $410,000

Compass Point 211 $445,000

Pointe Santo D-37 $675,000

Beach Villas gulf front $ 780,000

Comparing condo sales in 2009 vs 2010 for the same 5 1/2 months

1/1/09- 6/12/09

more than 2x the amount of condos have closed this year to date.33 in 09 vs 69 in 2010

Home sale # 58 homes sold on sanibel vs 72 in 2010

Captiva has seen a decrease in sales from 10 in 2009 to 5 in 2010

Lot sales are about even at 14 in 2009 and 13 in 2010.

Though the list to sale ratio continues to run in the 94- 95% range, one of a kind properties are selling for full price. ( as in mockingbird drive lot ).

The beaches are full. Sanibel arms west is 100% occupied right now.

There are some great buying opportunities such as:

Sanibel arms west units which begin at $ 439,000 and have strong rentals

with only 11% rental commission..interest rates low 5.5% and

occupancy on the rise...( some units doing 36k )....

Tarpon Beach gulf front top floor unit with vaulted ceilings $ 719,000.

covered parking ..western views...must see this place its great..

I wish you all a great week- thanks for checking my blog..

Glenn

Sanibel Real Estate Sales activity may 20- June 1

2010-06-02T09:56:00.000-07:00

Sales activity may 20- June 1

1282 parview drive $585,000

653 East Rocks $667,000

1006 Spanish Laurl Ln. $650,000

509 lagoon $660,000 1419 Albatross $725,000

1314 Albatross $725,000

1314 par View $1020000

1356 Eagle Run Drive $1,200,000

vacant land closing

1316 par View Drive $320,000

Condos sold past 10 days

sanibel arms A5 $300,000 2/1 - across street from gulf )

Sanibel Arms B5 $275,000 ( one bedroom )

Donax Village 18 $325,000

Seawind A101 $450,000

Signal Inn 11 $467,500

Sanibel Arms $ 470,000

Heron at the Sactuary

Busy weekend on island..alot of condos were 100% booked.

beaches beautiful and we now enter our warmest month- june..

have a good week and be back next week..

glenn
glennc@coconet.com
http://www.teamsanibel.com/

Sales May 10- May 20

2010-05-21T09:47:00.000-07:00

Sales May 10- May 20

6126 Castaways Lane $535,000

1836 long point ln $ 620,000

526 N. Yachtsman $630,000

682 Pyrula $1,200,000

11520 Andy Ross Lane 1,450,000

4709 Rue belle Mer $ 2,000,000

4099West Gulf Drive $3,275,000

Condos closed during this 10 day period

sanibel arms one bedroom $275,000

seashells of sanibel # 25 $309,000

Donzx Village # 14 $ 325,000

Mariner Pointe 631 # 475,000

Sunward of Sanibel 102 $ 740,000

Compass Point $ 850,000

Chelsea Place # 1 $ 1,700,000

keep in mind the above transactions would have gone under contract

approximately 30-60 days ago ( or mid - late March ..our busiest time.)

It is sunny and lovely here...going to Jerrys for a late afternoon Salad..

Have a good week.

Sanibel is monitoring the oil situation of course. Historically if anyone can deal with issues it the Sanibel Govt. .

Best!

Glenn

April 27 - May 10

2010-05-10T07:56:00.001-07:00

April 27 - May 10
Closed sales:
736 Durion Ct - $539,000
4249 Old Banyon Way $552,000
590 Piedmont Rd $525,000
320 East Gulf Dr $662,500
200 Robinwood Cir $1,099,000
4689 Rue Belle Mer $1,680,000
Sundial S401 $574,000
Sandpiper Beach $595,000
Compass Point 241 $542,000
Sanctuary Golf Village 4 $685,000
Pine Cove C $700,000
Sunset Captiva 204 $11200,000
Pointe Santo E47 $1,350,000
High Tide B302 $1,680,000

Interest rates continue to hold at all time low rates
weather has been a balmy . . . still cool in the
mornings..lots of sun by noon.
Have a great week!
-Glenn

April 15 - April 27

2010-04-28T08:07:00.000-07:00

Follow this blog

April 15- april 27
Busy
Homes took center stage for the last part of april. There were 5 closed sales this period with s/l ratio the highest in a long time ..98%..the average days on market were # 179. This indicates to me we are at our bottom and sellers were realistic and buyers fortunate.
new sales of homes which went contingent, but not yet closed were # 8.
Condos which were closed were # 3 their average l/s ratio was 85% and it took an average of 1 year to sell them.
Condos did however see #9 condos go contingent during this period ..the prices
range was 299- 749k.
cash flows- more owners are using vrbo to increase their cash flows and with the interest rates down, 30% required as a down payment..with a little work..we are actually seeing for the first time since the early 80's a possibility of a break even.,...( do i dare say positive cash flow ) on a $400,000 gulf side of the street 2/2 T his means at 5.25% interest and the owner helping his rental company ( 10 % referral instead of 20% )..it is possible with work on the owners part to see an income of 10% of the purchase price. At long last ...My picks are sanibel arms west and Loggerhead...
Good buys- If i was ever in the market for a gulf or bay front this would be my year to make a move..there are a couple of amazing places with wide open bay front views with docks under 2.6...Gulf front west gulf drive begins in the 3.5 range.
under contract last weekend were a gulf ridge gulf front listed near 5 Million.
have a good week...weather here is 83 degrees today and sunny..waves were beautiful this morning on my morning walk...lots of shells...few people...east end is paradise.
take care and good thoughts-
glenn
go to www.TeamSanibel.com for lots more Sanibel Infomation!

April 1 - 15

2010-04-23T08:34:00.001-07:00

April 1-15
All categories of properties
New listings # 21
Contingent sales # 13
Closed sales #22
Home stats:
Residential homes sold this month had a average of 94% l/sale ratio.
that means ..the properties selling are the properties priced right as historically our l/s ratio has run between 94-96% in the past decade.
the average days on market were 173 average price sold the first 15 days were $668,000
Condominium stats:
average price $510,000
average days on market 447
List to sale ratio 90%
condo sales outsold home sales this month so far over 2:1, but price obviously was a factor in buyer motivation.
next month will be very interesting ..price stats will be up significantely
as there are many high end homes and condos under contract.
Have a good week-
glenn

March Stats are in!

2010-04-05T09:16:00.000-07:00

March Stats are in
6 lot sales - including a Captiva Gulf front lot for $3 Million +

17 homes newly under contract (1/2 for cash) . . . West Gulf drive home under $4 Million now under contract

29 - 1 & 2 bedroom condos newly under contract.

3 bedroom condos under contract are:
Gulf side Place $1,9999
Pointe Santo $1,399,000
Somerset at the Reef 1.2

Check back with us next week for more updates & go to www.TeamSanibel.co for more Island information and all available properties.
Best,
Glenn

Good News March 2010!

2010-03-24T08:45:00.000-07:00

Good Market News march 2010
February this year was the beginning of our market stabilizing.
We have all been waiting patiently for the market to rebound and though sales of homes have increased in volumn 45% as compared to the same period in 2009, the big surprise has been the rebound in sales acitivity in the condo market.
Sanibel and Captiva have seen a 60% increase in the amount of condo activity the first 83 days of 2010 as compared with last year's dismal sales reports for the same period. Our office has seen our best month ever reaching 30 sales as of 3/23 and we have 8 days to go for our final count! We are hopefull and relieved...the gloom seems to be over.
However, I dont see a rapid increase in the sales prices. That will take time. A normal pattern reminiscent of the sales on the island in the 80's nd 90's will again occur. Buying on the Island was a life choice 30 years ago and it is once again the new motivation.
Wewill enjoy a communtiy of owners who live here a majority of the year who are involved in making the communtiy a better place to live and enjoy family.
Price appreciation will be slow and steady...not volcanic as it was since 2003. Appreciation will once again be defined as " a deep appreciation of the Island" Owners will appreciate their memories and appreciate the founding fathers and mothers of the island who fought the county to preserve the Island in the 70's.As our inventory of properties is reduced, we will be back to the pace of 1-3%appreciation once again.
With steady growth comes a new buyer profile. The Number 1 goal of the buyer of 2010 is to improve their own life story. Maybe that is what value is all about.

Sales & Activity for 3/1/10 - 3/8/10

2010-03-08T10:28:00.001-08:00

Sales & Activity for 3/1/10 - 3/8/10
Closed Sales:
493 Lake Murex Cir $557,500
759 Sand Dollar Dr $700,000
819 Tulip Ln $1,300,000
Pending Sales:
250 Palm Lake Dr $599,000
2275 Starfish Ln $899,900
4207 Gulf Pines Dr $979,000
3212 Twin Lakes Ln (vacant land) $419,900
5383 Shearwater Ln (vacant land) $595,000

New March Newsletter available email or call us to request yours!

Sales and activy for past 10 days Feb 21- March 1
1409 Causy Court $ 447,000
748 Rabbit Road $ 480,000
4654 Rue Bayou $ 479,000
3731 Agate Court $ 680,000
6014 White Heron Lane $1,150,000
Sanctuary Golf Villas $ 450,000
Sunset Beach Villas $ 675,000
Lighthouse point ( bay front ) # 226 $ 715,000
Pointe Santo A36 $ 915,000
Pending and contingent ...not yet closed..this is their asking price.
16298 Captiva Drive $ 3,650,000
beachcomber # C102 $ 1,495,000
Sandpebble 2E $ 349,000
4215 Old Banyon Drive $650,000
sanibel inn $499,000
seawind # 107 $ 499,000
sanibel inn 3513 $559,000
simset spitj 3C $ 649,000
Sandpointe # 215 $ 659,000

!!!!!!!Sales for first 2 months on Island are as follows:
Condo sals up 14%
home sales activity up 24%...more info ..e-mail me for 3/1/10 newsletter!

2/4/10-2/19/10

2010-02-22T07:44:00.001-08:00

Sales and the weather----
first ...weather..if you are up North today..yes the 18th of Feb is the first warm day ( over 70 degrees )..we have had on island in a long time...How long can I wear jeans and my one sweater...thank goodness it has changed back to near normal today.
new sales were equally divided between homes ( #8 ), and Condos ( # 8 ) since the 4th of Feb. We are getting the " feeling in the air " that we have bottomed out and alot of the showings and sales in the past 2 weeks were with lower end properties ..and now they are running short. New pending sales are:

753 Cardium ( duplex ) $399k- ( short sale )

470 Lake Murex Circle $449,000

1574 Sandcastle $ 559,000

1838 Long Point Lane $ 649,000

6192 Henderson $ 649,000

1554 Sandcstle $995,000

1842 Woodring $2,599,000

Donax Village #7 $ 350,000

Sanctuary Golf Village $450,000

Sanibel Inn $495,000

Sunset South 3A $ 507,000

Mariner Pointe 321 $ 509,000

Sunset Beach Villas $ 649,000

Sanctuary Golf Villages $749,000

oceans Reach 2D3 $ 875,000

View availabel Sanibel Island properties, photos, video and much more at www.TeamSanbiel.com

Thank You!
Glenn Carretta,
Broker Associate
239-850-9296 glennc@coconet.com

1/24/10- 2/4/10

2010-02-08T10:08:00.001-08:00

1/24/10- 2/4/10
Its cold and rainy up North..We have sun which we love to share:
Sales activity this period :
Homes:
1582 Sandcastle road $625,000
1501 Sandcastle road $ 624,900
3731 Agate Court $799,000
11535 captiva Lane $999,999
16238 Captiva Driove $5,190.000
Condos
433 Loggerhead Cay $477,000
Pointe Santo C-22 $599,000
Lighthouse Point 226 $ 759.957
Sunset Captiva Condo 204 $ 1,200,000
These are the prices the properties were asking...in 30-45 days we will announce what the selling price was when closed.
thanks and have a great week!
Glenn

Dec 4- Dec 13

2009-12-14T06:19:00.000-08:00

"Dec 4- Dec 13
New sales
Junonia 203 $ 999,999
Captiva Shores 7a 999,500
Kings Crown 799,00016706
Captiva Drive $ 4,750,000
546 East Rocks $599,000366
lake Murex Blvd. $579,000
480 Peachtree- sold over 400k a foreclosure..there were 8 offers..needed work.
Sunny and wonderful today..80 degrees ...walked a mile on the beach with my dog maggie may..have a great sunday and if you are in town..stop by my open house at sanibel arms west.M1- $ 427,000.
These sales are through all of mls...a few of my friends thought they were all mine...no..I wish..but no.
glenn"

November 21- Dec. 4 Sanibel Island Real Estate Market Update

2009-12-07T07:55:00.000-08:00

November 21- Dec 4
new sales and closings
Sold
4339 Gulf Pines $ 550,000
821 Lindgern $950,000
11551 Wightman Lane $ 3,177,500

pending or contingent

954 Donax $ 374,500
534 piedmont $ 439,000
996 Greenwood $ 456,000
770 Elinor Way $599,000
1146 Buttonwood $ 699,999
509 Lagoon
Luminary is tonight..this is our first rainy day..in spite of the rain we are going to
be bright.
Have a good week..hope it is productive and happy.
glenn