From Biking to the Economy to Events & Investment – Sanibel Island Is Top-Notch!


It’s SanibelSusan again reporting that it was another quiet week in the island real estate world. Not as quiet as it likely will get in late August until about mid-October when the island typically is at its lowest occupancy, but quiet just the same. We are thinking forward to the July 4th holiday and hopefully the visitors arriving this weekend and next. Mostly vacationing families are in town now, not many listings are getting shown or new sales reported. But, our phones rang with some unusual requests this week which were reminders that it takes time for real estate news to trickle down to the general public. That news is that island inventory is low, both for sale and for rent.

Before a couple of news items, followed by the action posted in the Sanibel and Captiva Islands Multiple Listing Services over the past seven days, here are some photos shared by client friends who know that I am always looking to share pictures of the islands. These first two were taken by Scott Shew and overlook Pine Island Sound. Though snapped just minutes apart, they show what a wonderful light show sunsets bring and how quickly the colors change.

SZ6A9855

SZ6A9883This next photo came from Susanna and Yves-Pascal Salzedo and was taken during their last visit when they were fishing in Ding Darling. These osprey may have been on the outlook for fish too!

Yves Osprey

Florida’s Sanibel Island Shared-Use Paths

Photo from RailsNTrails 6/15/15

Photo from RailsNTrails 6/15/15

Kudo’s to Sanibel City Manager, Judie Zimomra and all involved for another great posting about the island on June 15. Articles like this only make our area more desirable.

Sanibel’s Shared Use Path System is featured as the “Trail of the Month” on the Rails-to-Trails Conservancy site. The article mentions the street where I live too!

“Trail of the Month: June 2015 – “It’s truly part of our transportation network.”

Bike Trail on Middle Gulf Dr

Bike Trail on Middle Gulf Dr

“Sun, sea, and sandy beaches: Florida’s Sanibel Island is a summer sanctuary. Better yet, the island’s extensive shared-use path system—totaling 24 paved miles—provides access to it all: beaches, a wildlife refuge and rehabilitation center, a historical lighthouse and village, a renowned seashell museum, restaurants, shops and just about everything else in this laid-back community on the Gulf Coast. It’s the type of place where nary a building stands taller than a palm tree, and many of the streets are named after types of shells or mariner terms like Anchor Drive and Captains Walk.

“I call it Mayberry by the Sea,” says Tom Sharbaugh of the idyllic City of Sanibel, which encompasses the entire island. “The focus is on the beach; it’s on nature; it’s on riding a bike, so a lot of families come here. And, if you live here, you never have to get in your car. You can cycle every place you want to go.”

Sanibel Bicycle Club marching in the July 4, 2012 parade

Sanibel Bicycle Club marching in the July 4, 2012 parade

“Sharbaugh is an active member of the Sanibel Bicycle Club, which began two decades ago for social and recreational get-togethers and has evolved into an advocacy group for the trail and cycling. Recently, the club launched a well-received educational video to help both tourists and locals bike on the island safely.

““A ton of people come for vacation, and a lot of them live in places that aren’t so cycling friendly,” says Sharbaugh, noting that the peak tourist season typically runs from mid-January to late spring. “So it’s a big attraction for them to come here and rent bikes and get out on the trail. We have grandmas and grandpas and kids of all ages, so there’s a range of skillsets on the trail.”

“Just this year, FamilyFun magazine ranked Sanibel as the number one tourist town for families in the country. But this is no Disney World. Nature takes center stage in this corner of Florida, and the island’s J.N. Ding Darling National Wildlife Refuge—perhaps second only to its beaches—is a main attraction. The massive refuge, sprawling over 6,400 acres, is part of the largest undeveloped mangrove ecosystem in the United States and offers unparalleled opportunities for viewing wildlife, including alligators, bobcats, river otters, turtles and more than 245 species of birds. The paved pathway leads to its doorstep, and then visitors can bike through the refuge with an on-road route, or opt for a hike or explorations by kayak or canoe.

““We’re an extremely environmentally conscious community,” says Judie Zimomra, Sanibel’s city manager. “Nearly 70% of the island is set aside in perpetuity for environmental conservation.”

Billy's-logo-bikes“Salli Kirkland, who co-owns an island bike shop called Billy’s Rentals with her husband, agrees. “The city wrote up a plan to keep development to a minimum. There are no bright lights here, no neon. We don’t even have traffic lights. You can see the stars at night.” The Kirklands started their bike rental shop just off the bike path 15 years ago, and Salli says business has continued to grow every year. “Because it’s an island, the roads can get congested,” she says. “You can actually get to places faster by bike, and almost every business has bike racks.”

The vision for the island’s pathways dates back to 1972, when four local housewives sought to create a way for their children to get to and from elementary school safely. A lack of sidewalks, coupled with narrow roads with no bike lanes or shoulders, made getting around by bike or foot nearly impossible. Together, Grace Whitehead, Mariel Goss, Sherry Vartdal and Starr Thomas formed the Sanibel Bike Path Committee and fundraised for the development of a new bike path. In 1976, thanks to their efforts, the first 2.5-mile section of the bike path was built along Periwinkle Way, the island’s main street.

sanibelmapbike“Today, biking or walking to school, work or for other errands is safe, convenient and—due to the island’s flatness—very easy. In 2014, the city was designated a bike-friendly community at the Silver Level by the League of American Bicyclists, a feat matched only by three other (much larger) Florida communities.

“Zimomra notes that the city is continually improving and expanding on the network—investing more than $1.1 million into the path system since 2007—making it possible to now get from one end of the 12-mile island to the other entirely by bike. Numerous unpaved spurs also branch off its main paved spine to link to parks and other attractions; a new connection to popular Bowman’s Beach will begin construction this year. “It’s truly part of our transportation network,” says Zimomra.

12 Metros with Fastest-Growing Economies

bloomberg businessweekGood news about Florida on Bloomberg last week and repeated on Tuesday in “DAILY REAL ESTATE NEWS”

florida“Florida is emerging as the new leader for economic growth, fueled by baby boomers and retirement communities. Oil towns had dominated in recent years but as the energy boom fades, growth has been tapering off. Instead, Naples, Fla., emerged as the leader on a list of metro areas that are expected to see the most economic growth next year, according to a new report from the U.S. Conference of Mayors, prepared by IHS Global Insight. Naples is expected to see its economy grow 4.9% in 2016. Metro areas in Florida made up half of the top 19 economic performers. For example, The Villages, a senior community, ranked third and has been the fastest-growing city by population for two consecutive years.

“Here’s a list of the metros expected to see the most economic growth in 2016:

Naples – Immokalee – Marco Island, Fla.: 4.9%

Sebring, Fla.: 4.8%

The Villages: 4.7%

Cape Coral – Fort Myers, Fla.: 4.5%

Austin-Round Rock, Texas: 4.4%

Raleigh, N.C.: 4.3%

Ocala, Fla.: 4.2%

Fayetteville – Springdale-Rogers: 4.2%

Dallas-Fort Worth – Arlington: 4.1%

San Jose-Sunnyvale-Santa Clara, Calif.: 4.1%

Laredo, Texas: 4.1%

Orlando-Kissimmee-Sanford, Fla.: 4.1%”

Foreign Buyers Spend More on U.S. Real Estate

realtor logoA few more interesting statistics in Realtor®Mag on-line June 18. That “DAILY REAL ESTATE NEWS” article says:

Fewer international buyers are flocking to the U.S. to purchase real estate, but those who are, tend to spend more on their home purchases. The total sales dollar volume from international home buyers climbed 13% this year compared to last year – at a time when the total unit sales from international home buyers decreased, according to the National Association of REALTORS®’ 2015 Profile of Home Buying Activity of International Clients.

“From April 2014 through March 2015, total international sales were estimated at $104 billion, trumping last year’s $92.2 billion. This represents 8% of the total existing-home sales dollar volume, according to NAR’s report. “In 2014, sales transaction to buyers outside of the U.S. dropped 10%, possibly due to the strengthening of the U.S. dollar in relation to international currencies and weakening foreign economies,” says NAR Chief Economist Lawrence Yun. “However, the amount of money spent has increased; this means international purchasers in the U.S. have become an upscale group of buyers, spending more money on fewer homes.”

“Last year, five countries alone accounted for 51% of all purchases by international buyers: China, Canada, Mexico, India, and the United Kingdom. Buyers from China exceeded all other countries in terms of their appetite for U.S. real estate, purchasing an estimated $28.6 billion worth of U.S. property, according to NAR’s report. Canada buyers followed with $11.2 billion in purchases and then India at $7.9 billion; Mexico with $4.9 billion; and the United Kingdom at $3.8 billion.

“International buyers tended to spend more on their home purchases than the average U.S. home buyer. International buyers spent, on average, $499,600 on their home purchases compared to the overall U.S. average home price of $255,600. Chinese buyers were found to most often spend the most, with an average price of $831,800 on their U.S. home purchases.

“More REALTORS® are reporting working with international clients, up from 28% in 2013 to 35% in 2014. Four states accounted for half of all international sales: Florida, California, Texas, and Arizona, according to NAR’s report.”

Reading this article, reminded me to count up where SanibelSusan’s non-US buyers and sellers are from. I have not really seen much difference through the years, usually having just one or two clients each year that are from outside the country. The latest were from France and Austria, prior to that more frequent buyers (and sellers) were from the United Kingdom and Canada, with occasional business with buyers from Sweden and Switzerland.

Upcoming Events

south seas logoIn an earlier report, the traditional Sanibel July 4th events were listed from the morning parade to the noon scavenger to the fireworks at dusk. Captiva Island has a fun-filled holiday celebration planned too.

fireworks clip artSouth Seas Resort is holding its 7th Annual Hot Dog Eating Competition followed by a Red, White, & “Boom” Party featuring music, children’s activities, and food/beverage options. On Saturday, the Star Spangled Celebration includes a patriotic golf cart parade, live DJ entertainment, “Sunset Shellabration”, and fireworks display. More info at www.southseas.com.

Sanibel & Captiva Islands Association of Realtors®

SanCapAssnLogoAlthough we did not have an Association of Realtors® Caravan meeting this week, I was at the Association Office a couple of times for meetings.

On Monday, our local leadership team got an update from Dave Garrison, Florida Realtors® Vice President of Finance, Professional Development, and Internal Operations.

Florida Realtors logoAs background, 2015 marks the 99th anniversary of Florida Realtors® which began in 1916 with 68 real estate brokers from 16 Florida communities gathering in Jacksonville for the first convention. Today Florida Realtors® membership is over 140,000 and growing. Dave said the 2016 budget looks ahead to 150,000+members, probably 160K+ by 2017. Florida Realtors® has 120 paid positions, strong reserves, and a positive outlook for the future. The mission of Florida Realtors® is to advance Florida’s real estate industry by shaping public policy on real property issues; encouraging, promoting and teaching consistent standards for ethical practice and professionalism; and building on the efforts of local Boards/Associations to provide the information and tools members need to succeed. Florida Realtors is the largest trade association in the state.

Florida Realtors Headquarters, Orlando

Florida Realtors Headquarters, Orlando

The Association headquarters is in Orlando, and the legislative Office of Public Policy is in the heart of Tallahassee.

On Wednesday at the 2015 Sanibel & Captiva Islands Association of Realtors® Nominating Committee meeting, I worked with fellow past presidents on coming up with a slate of candidates for our officer and board of director election later this year.

Sanibel & Captiva Multiple Listing Service Activity June 19-26

Sanibel

CONDOS

1 new listing: Colonnades #15 1/1 $225K.

3 price changes: Sanibel Moorings #1512 2/2 now $477K, Tarpon Beach #204 2/2 now $745K, Tigua Cay #489 3/3.5 now $2.295M.

2 new sales: Captains Walk #B4 2/2 listed for $315K, Sundial #C301 1/1 listed for $315K.

5 closed sales: Dugger’s Tropical Cottages #2 1/1 $285K, Sanibel Arms #E7 1/1 $320K, Mariner Pointe #121 1/1 $332.5K, Sundial #C207 1/1 $400K, Pointe Santo #C4 1/1 $508K.

HOMES

3 new listings: 999 Sand Castle Rd 3/3 $575K, 501 Lagoon Dr 2/3 $789K, 1537 Sand Castle Rd 4/3 $829K.

1 price change: 1322 Sand Castle Rd 3/2 now $549K.

6 new sales: 1835 Ardsley Way 2/1 listed for $309K, 9439 Coventry Ct 2/2 listed for $525K, 600 East Rocks Dr 3/2 listed for $535K, 1521 Wilton Ln 3/2 listed for $549K, 963 Sand Castle Rd 3/2 listed for $599.9K, 1085 Sand Castle Rd 3/2 listed for $650K.

3 closed sales: 632 Lake Murex Cir 2/2 $435K, 2984 Island Inn Rd 3/2 $587K, 3351 Barra Cir 3/2.5 $750K.

LOTS

1 new listing: 971 Main St $199K.

No price changes.

1 new sale: 4626 Buck Key Rd listed for $188K.

2 closed sales: 9277 Beldling Dr $163K, 2133 Starfish Ln $366K.

Captiva

CONDOS

1 new listing: Marina Villas #709 2/2 $629K.

No price changes or new sales.

1 closed sale: Bayside Villas #4114 1/2 $255K.

HOMES

1 new listing: 16167 Captiva Dr 3/3 $1.795M.

No price changes or new sales.

1 closed sale: 15009 Binder Dr 4/5.5 $3.525M.

LOTS

Nothing to report

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

waving flagUntil next Friday, we’ll be digging out the July 4th decorations & looking forward to more real estate action & holiday festivities!

Almost Fathers’ Day 2015 on Sanibel & Captiva Islands


It’s SusanSusan reporting that it was another fairly quiet week on the islands – but with gorgeous weather, occasional afternoon showers, fabulous sunsets, and probably more people on the island than we typically see in mid-June. The activity posted since last Friday in the Sanibel and Captiva Islands Multiple Listing Service follows a few news items below.

sanibel-sunset

Sunset_1020

June Membership Meeting – Sanibel/Captiva Islands Association of Realtors®

SanCapAssnLogoThough it had been three long weeks since our last local Realtor® Caravan Meeting, attendance was light at our monthly breakfast meeting on Thursday.

Seacoast Cottage Company logoTwo affiliate members spoke during the professional development segment of the meeting: Art Monahan with Seacoast Cottage Company discussed the various window types and designs used on the islands. “It’s amazing”, he said “how many consumers don’t realize that the windows used in Florida are different from those in homes in northern states.” Here we want to keep the heat out. There they want to keep the heat in. The impact resistant windows required here now are tested to 170 mph, many have three layers of glass and an inner shatterproof Mylar membrane which is what keeps the elements from penetrating a home even when the glass may break.

Tradewinds logoJeff Carroll with Tradewinds Custom Homes discussed the three varieties of home exterior finishes popular in Florida because of their easier maintenance and durability (as compared to wood): vinyl siding, Hardie board, and Boral. He brought samples. Most of us recognize vinyl siding, it’s been popular for years. Hardie board, perhaps not as well know, was developed by James Hardie and is a siding made of fiber cement. Cement is combined with sand, water, and cellulose wood fibers to make a solid building material well suited for protecting building exteriors. We see a lot of Hardie board here. I hadn’t heard of Boral until Jeff’s presentation. He said that it is a relatively-new product that does not change even when submerged in water. His sample was in a jar of water and had been for two months, without compromising its integrity. Jeff said that Boral is made from fly ash and resin. He also described it as a true green product from cradle to cradle, meaning no nasty byproducts or gases are produced during its manufacturing. Sounds like a perfect material to be used on homes in hot humid Florida. In comes in a variety of shapes and sizes too, so can look like wood shakes, shingles, beadboard, and a variety of lapboards, etc.

LCEC Island Vegetation Trimming

Lcec logoLee County Electric Cooperative (LCEC) has advised the City of Sanibel that circuit crews will begin trimming vegetation on Sanibel and Captiva the week of June 22, 2015. Crews expect to be trimming vegetation for approximately three months, weather permitting.

The trimming will begin near East Gulf Drive and Bella Vista Way and proceeding through Sanibel to Sanibel-Captiva Road.  See LCEC’s map below showing where trimming will occur.

lcecmap 2015 tree trimAs part of this vegetation trimming process, LCEC crews will make efforts to contact home/business owners prior to trimming. Door hangers will be left where person-to-person contact is not possible.

Vegetation management is part of the ongoing LCEC electric system maintenance and reliability improvement plan and is critical to reducing outages and ensuring safety. Residents with questions should call LCEC directly at 239-656-2200.

F.I.S.H. Moving to New Location

FishAccording to an article in today’s “Island Sun”, F.I.S.H.’s soon-to-be-occupied new headquarters at 2430 Periwinkle Way, behind Bleu Rendez Vous French Bistro will give them more than 1,000 sq. ft. than their current location.

F.I.S.H. of Sanibel-Captiva, Inc. is a nonprofit, non-sectarian, human services organization focused on “neighbors helping neighbors” on Sanibel and Captiva islands.  From their web site “The mission of F.I.S.H. is to lend a helping hand to those in need who live, work or the islands. Their objective is to make a social investment in our community that assists our neighbors to live independently with dignity in their homes.”

Founded in 1982, F.I.S.H. operated out of volunteers’ homes until their first office in The Village Shops. They have been in their second and current location at 1630 Periwinkle Way since 2007. The move to their own building later this month will allow them to expand their walk-in center to better serve their employees, volunteers, and clients.

The “Island Sun” article reports their success by giving some statistics from last year. “In 2014, FISH impacted the lives of 1,317 households representing 1,737 individuals. Las year, 86% of its annual budget was used for client programming. This included 386 senior households which benefitted from FISH programming such as Alzheimer’s assessments, daily well-check calls and prepared meals, emergency financial assistance, health equipment loans, non-emergency medical related appointment transportation and workshops. Also during the past year, 931 households – including 192 children – benefitted from FISH programming such as adult education assistance, community resource referrals and counseling, emergency financial assistance, ESOL (English Speakers of Other Languages) instruction, notary services, VITA (Volunteer Income Tax Assistance) tax assistance, youth lunches, and scholarships.”

This wonderful hardworking organization is led by its 2015 President and CEO, Maggi Feiner, and Board Chair, John Pryor (also a fellow singer in the BIG ARTS Community Chorus & Ensemble). If you have the time or the wherewithal, please support them. They are always looking for volunteers and contributions, their web site also has a list of the food pantry needs. Today, it says canned proteins (tuna, chicken, beef), milk, juices (boxed for kids), paper towels, and toilet paper. When finishing up an island visit or prepared your hurricane box for the summer, it’s a good time to thin out your pantry and bring those non-perishable not-expired items to FISH.

Best wishes to FISH in their new location!

bleu rendez(You will be pleased to try Bleu Rendez Vous French Bistro too. I tried it a couple of weeks ago and it is divine. New décor, authentic yet reasonably-priced French menu. Open 5 to 9 p.m. Tuesdays through Saturdays. Hosts are Chef Christian and Mari Vivet. Check out their menu and be sure to make a reservation. http://www1.bluerendezvousbistro.com/)

Housing Solutions for Emerging Markets

realtor logoNo related to island real estate, but interesting info in this on-line article posted last Friday on “DAILY REAL ESTATE NEWS”:

“Housing markets all over the world are dealing with a lack of affordable housing options. In many developing markets, builders are creating innovative properties that seek to solve the growing affordable housing and urbanization issue, as well as provide shelter for at-risk populations that battle natural disasters on a regular basis.

“Floating structures, monolithic domes, and even housing made from paper are just a few of the inventive housing creations that have popped up in emerging markets in order to solve various housing crises, according to global online real estate portal Lamudi, which focuses exclusively on emerging markets.

“Here are some examples of these housing solutions:

Paper Refugee Shelters, Rwanda – After the civil war in Rwanda left more than two million people homeless, Shigeru Ban, an award-winning modernist architect, decided to use low-cost paper tubes to build shelters for those in need. This inexpensive solution helped to conserve trees and avoid deforestation, and inspired Ban to make paper shelters all over the world in areas of need.

Paper Log Housing, Philippines – Paper tubes were also a solution after Typhoon Haiyan hit the Philippines, destroying 130,000 homes in the process. Shigeru Ban Architects were able to create emergency housing that included beer crates filled with sandbags, floor panels made of coconut wood and plywood, and paper tubes as the structural frame.
Makoko Floating School, Nigeria – In Lagos, urbanization and lack of space is a big problem. To confront this issue, NLÉ designed a prototype for a floating school to be built in the water community of Makoko.

Earthquake-proof Housing, Indonesia – A devastating earthquake in 2006 inspired the partnership of Domes for the World (DTWF) and the World Association of Non-Governmental Organizations (WANGO) in building 80 monolithic domes in Indonesia. These structures are made to withstand various natural disasters and provide a secure shelter for those most as need in the area.

Ecovillage, Uganda – Earthbag construction technology was the solution for the growing environmental, economical, and social challenges in Uganda. More than three million people near Lake Victoria are at-risk for violence and natural disasters, and this earthbag ecovillage was created specifically to provide protection from bullets, fire, wind, and rain.”

Upcoming Events

Captiva-Cruises-LogoFather’s DayCaptiva Cruises is offering free travel to Dads with a paid child on June 21, Sunday. Trips to Useppa Island or Cabbage Key, dolphin/wildlife adventure cruises, half-day shelling trips, and more. Reservations needed, call 239-472-5300.

Community House logoMango Tasting at The Community House – June 24, Wednesday, 6 p.m.  The owner of FruitScapes on Pine Island will be there with ten different types of mangoes for attendees to sample. Bring your own potluck item to share with about six people. RSVP at The Community House at 2173 Periwinkle Way, 239-472-2155.

90% of Properties Now Have Equity

core logic logoMore positive recovery news was posted on-line Wednesday at “Daily Real Estate News”:

“As home prices rise, more home owners are regaining equity. During the first quarter of this year, about 254,000 properties regained equity, according to CoreLogic’s latest equity report. That now brings the total number of residential properties with a mortgage that have equity to about 44.9 million – or 90% – by the end of the first quarter.

“Five states alone accounted for 31% of negative equity in the U.S., according to the report. Those states with the highest percentage of properties with a mortgage in the negative equity position in the first quarter are: Nevada: 23.1%, Florida: 21.2%, Illinois: 16.8%, Arizona: 16.8%, Rhode Island: 15.7%.

“About 90% of home owners now have housing equity and, as a result, have experienced an increase in wealth, which can spur additional consumption and investment expenditures,” says Frank Nothaft, chief economist for CoreLogic. “The remaining 10% of owners with negative equity will find their home value rising while they continue to pay down principal on their amortizing mortgage loan.”

“The still elevated number of home owners who have negative equity remains a concern, however. The number of negative equity households stood at 5.1 million, or 10.2% of all properties with a mortgage in the first quarter of this year, according to CoreLogic’s report. That represents a slight drop from 5.4 million homes, or 10.8%, that had negative equity in the fourth quarter of 2014.

““Many home owners are emerging from the negative equity trap, which bodes well for a continued recovery in the housing market,” says Anand Nallathambi, president and CEO of CoreLogic. “With the economy improving and home owners building equity, albeit slowly, the potential exists for an increase in housing stock available for sale, which would ease the current imbalance in supply and demand. There are still about 5 million home owners who are underwater and we estimate that a further 5% appreciation in home values across the U.S. would reduce the number of owners with negative equity by about one million.”

“The following states had the highest percentage of properties in the positive equity territory by the end of the first quarter: Texas: 97.7%, Hawaii: 96.9%, Alaska: 96.8%, Montana: 96.8%, North Dakota: 96.2%.

“In general, the majority of positive equity properties are centered at the high end of the housing market, according to the report. For example, 94% of homes valued at greater than $200,000 have equity, compared with 85% of homes valued at less than $200,000.”

Sanibel & Captiva Multiple Listing Service Activity June 12-19

Sanibel

CONDOS

1 new listing: Sanibel Inn #3522 2/2 $749K.

1 price change: Sanddollar #C101 2/2 now $870K.

1 new sale: Sunset South #9C 2/2 listed for $449K (our listing).

Sunset South #9C view

Sunset South #9C view

6 closed sales: Colonnades #41 1/1 $185K, Spanish Cay #A7 1/1 $230K (our listing), Sundial #F303 2/2 $460K, Cottage Colony West #102 1/1 $611K, Sand Pointe #214 2/2 $715K, Island Beach Club #P2E $720K.

HOMES

1 new listing: 4221 Gulf Pines Dr 2/2 $589K.

6 price changes: 1024 S Yachtsman Dr 3/2 now $589.9K, 9032 Mockingbird Dr 3/2 now $598,150, 1388 Tahiti Dr 3/2 now $639K, 420 East Gulf Dr 3/3 now $698K, 2969 Wulfert Rd 6/7.5.5 now $2.15M, 1253 Anhinga Ln 4/4 now $3.7M.

7 new sales: 9106 Mockinbird Dr 2/2 listed for $499K, 1314 Tahiti Dr 2/2 listed for $525K, 1593 Sand Castle Rd 3/2.5 listed for $529K, 1521 Wilton Ln 3/2 lissted for $549K, 1409 Albatross Rd 3/2 listed for $595.9K, 1710 Sand Pebble Way 3/2 listed for $645K, 4241 Old Banyan Way 3/2 listed for $739K.

7 closed sales: 9446 Beverly Ln 3/3.5 $600K, 741 Nerita St 3/2 $625K, 1528 Angel Dr 3/2 $730K, 5076 Joewood Dr 3/2 $795K, 518 N Yachtsman 3/3 $995K, 1101 Schooner Pl 3/2.5 $1.089M, 5290 Caloosa End Ln 4/3 $1.4M.

LOTS

No new listings or price changes.

3 new sales: 9239 Dimmick Dr listed for $139K, 1429 Albatross Rd listed for $269K, 3411 West Gulf Dr listed for $3.74M.

1 closed sale: 1336 Eagle Run Dr $250K.

Captiva

CONDOS

1 new listing: 2416 Beach Villas 1/1 $535K.

No price changes.

2 new sales: Marina Villas #707 2/2 listed for $595K, Lands End #1616 3/3 listed for $1.99M.

1 closed sale: Marina Villas #902 2/2 $620K.

HOMES

1 new listing: 7 Sunset Captiva Ln 2/2.5 $2.195M.

1 price change: 11530 Paige Ct 4/5.5 now $3.79M.

1 new sale: 11516 Andy Rosse Ln 6/6 listed for $2.349M.

No closed sales.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

 fathers-day-clip-art-HappysFathersDayClipArt1024x1024PB1Happy Fathers’ Day weekend!

Summer Rain in the Neighborhoods on Sanibel & Captiva Islands


It was another fairly quiet week on Sanibel with late-day summer rains continuing and not much real estate action over the last seven days. Just had the electricity in the office go on and off multiple times as I was trying to post this blog. Those folks who scooted out early on a Friday afternoon had the right idea as a huge rain is dousing Southwest Florida now (4 p.m.).

In the real estate world, The SanibelSusan Team had another nice closing on Tuesday, the charming olde-Florida home with guest house, separate garage, and resort-style pool at 375 East Gulf Dr. Due to building code restrictions, we don’t see many multi-building residential properties like it on Sanibel. Since it dates back to the late 50’s, before City incorporation, it has some wonderful and unusual features.

375 East Gulf

Pool at 375 East Gulf Dr

Wednesday, we also had a walk-in looking for an entry-level income-producing condo at Sundial and we continue to receive inquiries about where to rent next winter. There aren’t many vacancies left!

Teammate Dave and I had a couple of listing presentations this week which resulted in two new listings – both pool homes. One, a split-plan 3 bedroom 2-1/2 bath near the beach in Little Lake Murex has an amazing wide and long lake view. The other, a large 5-bedroom 4-bath in gated Laguna Lakes with amenities, is just off-island.

20150609_162955

View at 597 Lake Murex Circle

View 2

View at Sunset South #9C

It was another week without a Thursday Association of Realtors® Caravan Meeting, but there will be one next week when our new listing at Sunset South #9C is on the schedule.

Little real estate activity has been posted in the Sanibel/Captiva Multiple Listing Service since last Friday. Compared to “high season” when we may see as many as 15-25 island properties go under contract in a week, this week there were just five: a single Sanibel condo and four homes, three on Sanibel and one on Captiva. Those details follow a few news items below.

Florida’s Economic Growth Beats U.S. Average

Florida Realtors logoThe following article was posted at FloridaRealtors® on-line yesterday:

“Florida’s economic growth in 2014 outpaced the national average, the U.S. Bureau of Economic Analysis reported Wednesday. Goods and services produced in Florida increased 2.7% last year compared with 2.2% nationally, the bureau said.

“Growth in Florida topped all states east of the Mississippi River except West Virginia where the economy jumped 5.1% thanks to its mining industry, said BEA spokesman Thomas Dail.

“Florida’s economy, meanwhile, has benefited from strong growth in real estate and rental and leasing, Dail said. Florida, with more than triple the national growth in the real estate sector, was behind only North Dakota, the federal data showed.

“”There has been fairly strong contributions from retail trade as well,” Dail added. Florida had nearly double the national growth in the retail sector and was behind only Arizona, Washington and North Dakota, according to BEA’s numbers.

“Overall, Florida’s economic growth ranked 11th in the nation – good enough to beat any state touching the Atlantic – including New York, Massachusetts, Virginia and Georgia.

“The one bleak spot: Florida’s per capita share of the economy – the state’s output of goods and services divided by its population – continues to lag the nation’s. Last year, Florida’s was $38,690 vs. the nation’s $49,049. Florida has yet to recover to its pre-recession high of $44,048 in 2006.

“Florida has been rebounding from a deep recession since 2011, when the state’s economy actually contracted 0.6%, federal data shows. Goods and services grew only 1.7% in 2012, below the 1.9% national average.

Florida’s economy outpaced the nation’s in 2013 and 2014.”

© 2015 the Sun Sentinel (Fort Lauderdale, Fla.), Donna Gehrke-White. Distributed by Tribune Content Agency, LLC.

Sanibel + Captiva Islands: Florida’s Best Family-Friendly Nature-Loving Escapes

We know it has helped the real estate market and the economy here as the islands have made top-ranking on many internet sites. FYI, here’s the article about Sanibel and Captiva that was posted yesterday on-line on “Forbes” by their travel writer, Katie Kelly Bell:

Photo from Forbes on-line 06-11-2015

Photo from Forbes on-line 06-11-2015

“The sister islands of Sanibel and Captiva are something of a special breed in Florida. You won’t find bustling theme parks, water parks or alligator attractions on these islands. There won’t be long lines of sweaty tourists or beaches thronged with sunbathers either. In fact, these islands with their fertile unspoiled habitats seduce visitors without even trying.

Photo from Forbes on-line 06-11-15

Photo from Forbes on-line 06-11-15

“The islanders like to think the appeal is in the numbers: 15 miles of beaches, 25 miles of bike paths, 50 kinds of fish, 230 kinds of birds, 250 kinds of shells and their favorite number of all—zero traffic lights. Sanibel alone is home to 6,400 acres of mangrove wilderness, which is almost half of the total island. Many visitors just come to spend time in the J. Ding Darling National Wildlife Refuge—a birders paradise, but also an ideal place for nature hikes and the occasional alligator spotting.

“Sanibel and Captiva (which are connected by a short causeway) also have a few simple guidelines in place that keep this wildlife-rich paradise as pristine as it was when I first visited as a young girl almost 40 years ago. The island allows no weekly home rentals (although smaller condominiums can be rented weekly) and no developer, no matter how deep the pockets, is permitted to build a structure higher than three stories.

“Yet, most people really don’t care about the rules; they come for the uncrowded beaches and unparalleled shelling. During my first visit as a child, my father and I decided to go shelling in the rain. We discovered the most magical things on that gloomy day–lighting whelks, king conch, shark eyes–even the occasional fish or horseshoe crab washed ashore by storm tide. Our pockets bulged with loot. I felt like an explorer, alone in the beachy wilderness. The adventure remains one of my most treasured memories with my dad to this day.

“In the following years I’ve taken my own babies down those beaches—each walk its own treasure hunt. Shelling on Sanibel is a rewarding pursuit simply because it yields intact shells—the ones with critters have to go back—but the empties are yours to keep. Of course you can sunbathe, or just drift in the gentle waves, but busy bees like me find the shelling hard to ignore.

“The island is threaded with bike trails and it’s a great way to get around or just explore sections you haven’t yet seen. I prefer biking through the wildlife refuge to driving—one always sees more when you slow down—and see you will. You can also take a guided tour by kayak through the refuge or through the mangrove forest. (Tarpon Bay Explorers offer several options led by naturalists). Expect to see a wide range of wildlife including dolphins, manatees, alligators, anhinga, pelican, and more.

“Shoppers won’t be disappointed, nor will those who just eat out every meal…Sanibel and Captiva have enough of both options to keep visitors busy for weeks without ever having to return to the dreary “mainland”.

“Today I go for different reasons—my mother, who lives there now, is aging and we spend more time shuttling her to the hospitals in Ft. Myers than shelling or kayaking. But, on each trip the wildlife still give–I’ll spy an anhinga drying its wings, or a pelican diving for dinner, and shells still wash ashore. Maybe that’s why people come back year after year—the island never changes–and you can feel, if only for a while, that you haven’t changed either.

When to Go: Summer is certainly hottest—but the islands are quieter during this season. Once November hits (through late April) you’ll be competing with the high season in terms of pricing. There are never any lines or crowded beaches here—just traffic getting off and on the island. So year-round it’s still a pleasure to visit….”

Sanibel Sewer Project Moves to Last Phase

Sanibelcityseal logoThe Sanibel Sewer Expansion Program is moving into Phase Four which is the last portion of the program which included centralization in 1974 and consolidation of island wastewater in 1991.

The program is about 99% complete with 42 properties in Phase Four remaining to be converted from their current septic systems. A low flow exemption has been granted to 28 properties, which will remain on septic for a temporary time period, which allows these properties to remain on their systems until they fail. The construction of Phase Four is estimated to take three off-seasons with the potential of being completed in just two. A more firm timetable will be established for City Council’s July meeting.

Read a Book, Get a Donut

Bennetts logoSanibel’s Bennett’s Fresh Roast is encouraging children to read while out of school for the summer. The shop is offering donuts in exchange for reading. Through August 31, school-aged children, from kindergarten through 5th grade, may receive a complimentary fresh donut each time they read a book at Bennett’s. Children may receive one free donut per day before 4 p.m. when they read a book while accompanied by a parent. Books appropriate for children are available for reading on-site.

Island Businesses Earn Trip Advisor Awards

trip advisor logoTrip Advisor has awarded several Sanibel businesses with Hall of Fame Awards (which are earned after winning five years in a row) or single excellence awards. Trip Advisor says Sanibel is “a family destination offering the best of both worlds. Sanibel Island is a vibrant community with laid-back beach relaxation or deep sea adventures. Fishing excursions, dolphin-watching tours and snorkeling appeal to travelers of all ages. Sanibel vacation homes are praised for their cozy, yet airy vibes and proximity to some of American’s most gorgeous beaches, with views into the Gulf of Mexico to make for a frame-worthy picture or postcard.”

Here are the businesses that recently received awards:

pinnocchiosPinocchio’s Original Italian Ice Cream

Certificate of Excellence Hall of Fame Winner.

tarpon bay explorers logoTarpon Bay Explorers

2015 Hall of Fame

Oceans Reach LogoOceans Reach Condominiums

Customer Satisfaction Index of 98.2 when rated for value, rooms, service, cleanliness, and location.

BeachView_logoBeachview Cottages

Hall of Fame Award for their unique vacation experience.

Fourth of July Events Announced

fireworks-clipart-fireworks_rocketsThe 4th of July is on Saturday this year. Here are the events promoted in today’s “Island Sun”.

 

25th Annual Independence Day Parade – themed “For The Fun of It”. Parade line-up begins on Island Inn Road at 8:30 a.m. & the parade begins at 9:30 a.m., traveling from Island Inn Road to Tarpon Bay Road down Periwinkle Way to Casa Ybel Road. Commemorative T-shirts are available at Bank of the Islands and will be sold along the parade route.

36th Annual Road Rally – sponsored by Sanibel-Captiva Optimists Club, teams puzzle out clues while following a prescribed driving course around the island. Prizes are awarded for correct time and mileage, the most correct answers to the quiz about things seen along the route, as well as best decorated vehicle. Entry forms available in various locations around the island. Fee covers car, driver, navigator, unlimited crew, and includes one official Road Rally T-shirt (additional shirts available for $15). Rally begins at Timbers Restaurant/Sanibel Grill parking lot at noon, and ends there for the “after-glow party”. Starting times are staggered. All proceeds provide funds for college scholarships.

Sanibel Island Fireworks Nights 2015 – at 9 p.m. set off from the end of Bailey Road into San Carlos Bay. Best viewing from the causeway. (Sorry, no public event at The Dunes this year, but member and VIP event 6:30 to 9:30 p.m.)

First Federal Junior Duck Stamp Judging On Sanibel

Ding Darling Society logoNext year, for the first time, J.N. “Ding” Darling National Wildlife Refuge will hose the Federal Junior Duck Stamp judging. The public is invited, so mark April 22, 2016 on your calendars, and stay tuned for news of other activities in the planning stages.

““Ding” on the Wing”, the “Ding’ Darling Wildlife Society newsletter, announced this week that “Every year, the Refuge hosts the judging of the Florida Duck Stamp program. In 2016, it will welcome the nationwide judging – a fitting tribute to Sanibel Island as the birthplace of the JDS program.”

Sanibel & Captiva Multiple Listing Service Activity June 5-12

Sanibel

CONDOS

1 new listing: Somerset #B201 3/2.5 $1.95M.

2 price changes: Captains Walk #B4 2/2 now $315K, Blind Pass #G203 2/2 now $485K.

1 new sale: Sanibel Arms #E7 1/1 listed for $339K.

5 closed sales: Colonnades #41 1/1 $185K, Sundial #H109 1/1 $315K, Seawind #A106 2/2.5 $450K, Sundial #J401 1/1 $465K, Lighthouse Point #231 2/2 $640K.

HOMES

20150609_1622525 new listings: 1314 Tahiti Dr 2/2 $525K, 1388 Tahiti Dr 3/2 $679K, 887 Casa Ybel Rd 4/3 duplex $699K, 597 Lake Murex Cir 3/2.5 $749K (our listing), 689 East Rocks Dr 3/3 $768.5K.

4 price changes: 1182 Kittiwake Cir 3/3 now $659K, 1085 Sand Castle Rd 3/2 now $670K, 3364 Twin Lakes Ln 3/2 now $789K, 5773 Sanibel-Captiva Rd 2/2 now $1.95M

3 new sales: 1599 Sand Castle Rd 3/2.5 half-duplex listed for $489K, 4515 Bowen Bayou Rd 3/2 listed for $585K, 2999 Twin Ponds Dr 4/3.5 listed for $865K.

aerial 375 east gulf5 closed sales: 536 Boulder Dr 3/2.5 $650K, 820 Sand Dollar Dr 3/2 $950K, 375 East Gulf Dr 4/3 $970K (our buyer), 6170 Dinkins Lake Rd 3/3 $1.575M, 428 Bella Vista Way 4/4 $1.6M.

LOTS

No new listings, price changes, or new sales.

1 closed sale: 915 Main St $150K.

Captiva

CONDOS

1 new listing: Beach Villas #2525 2/2 $649K.

1 price change: Tennis Villas #3111 1/1 now $249K.

No new or closed sales.

HOMES

1 new listing: 16237 Captiva Dr 5/5.5 $3.95M.

1 price change: 1105 Tallow Tree Ct 3/3 now $2.049M.

1 new sale: 1121 Schefflera Ct 4/4.5 listed for $3.99M.

No closed sales.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

SanibelSusan Realty from Periwinkle WayUntil next Friday, Susan Andrews, aka SanibelSusan

It Sure is Quiet on Sanibel & Captiva Islands


It’s SanibelSusan reporting that this week, it is REALLY QUIET on the islands – hopefully the end of that lull between “season” and the arrival of summer vacationers. Lee County Schools are out today, so maybe we will see more Floridians on the island in the upcoming weeks. In the meantime, the reprieve is giving the locals a little time to stop and smell the roses, or in my case, appreciate my bougainvillea explosion and happy trumpet bush.

June 1 2015 my bougainvillea explosion April 16 Angel Trumpet

Happenings at SanibelSusan Realty

SANSLogoOver the last seen days, we had a few listings shown, but no offers or even routine buyer traffic through the office.

SanCapAssnLogoThe local Association of Realtors® did not have a Caravan meeting this week. The next one is June 18, which also is a monthly Membership Meeting. The real estate activity posted this week in the Sanibel & Captiva Multiple Listing Service follows a few news items below.

ASSOC LogoOn Tuesday, I taught my annual class at the Association Office. Each summer, the Sanibel/Captiva Islands Association offers the 12 modules of instruction that are needed for Realtors® to earn their SCIS designation (Sanibel & Captiva Islands Specialist). Nearly 15 candidates this year are working to earn theirs, looking to join our 75 active certificate holders. You-know-who was in the first class many years ago.

Three years ago, I wrote the module on the Resort & 2nd Home Market and have taught it each year since. Here are a few tidbits that were added this year to the class handout:

  • Last year, vacation home sales nationally climbed to an estimated 1.13 million, the highest since NAR (National Association of Realtors®) began tracking those statistics in 2003. This was an increase of 57% over the number sold in 2013. Vacation home sales in 2014 nearly doubled the combined total of the previous two years. Nationally, vacation home sales were 21% of all transactions in 2014.
  • As vacation home sales soared & despite a strong rental demand, investment purchase dropped for the 4th consecutive year to their lowest since 2010. (These national statistics are on trend with Sanibel/Captiva too.)
  • Why? Lawrence Yun, NAR’s Chief Economist, says: “Affluent households have greatly benefitted from strong growth in the stock market in recent years, & the steady rise in home prices has likely given them reassurance that real estate remains an attractive long-term investment. Furthermore, last year’s impressive increase also reflects long-term grown in the numbers of baby boomers moving closer to retirement & buying 2nd homes to convert into their primary home in a few years.”

Upcoming Events

Ding Darling signTomorrow, Sat, June 6 – National Trails Day kicks off free summer programs at J.N. “Ding” Darling National Wildlife Refuge with special activities held from 9 a.m. to 4 p.m. Events tomorrow include scheduled hikes on Indigo Trail & the Wildlife Education Boardwalk; Reading in the Refuge & Animal Tracking 101 in the Visitor & Education Center; & Animal Olympics on Indigo Trail. Bi-weekly family nature films & weekly walks & nature crafts highlight the free summer programs offered through August 9. See full schedule at www.dingdarlingsociety.org/summer-programming.

Island night LogoWed, June 17 – 22nd Annual Sam Bailey’s Islands Night at Lee County Sports Complex, gates open at 5:30 p.m., parade at 6:15 p.m., game starts at 7:05 p.m.

historical village logoSat, June 20 – FREE ADMISSION to The Sanibel Historical Village, 10 a.m. to 1 p.m.

 

 

“Know Before You Owe” Disclosure Forms

Florida Realtors logoFrom the June 2015, “FloridaRealtor®” magazine:

“On August 1, 2015, new rules go into effect to combine the Good Faith Estimate and the initial Truth in Lending (TIL) disclosure into a single “Loan Estimate” and combine the HUD-1 Settlement Statement and the final TIL disclosure into a single “Closing Disclosure”. The Consumer Financial Protection Bureau (CFPB) refers to these as the “Know Before You Own” disclosure forms.

“Because of the new requirements, at least initially, it might be unrealistic to plan a 30-day closing for most transactions. Until we see what impact the new rules will have, NAR (National Association of Realtors®) advises to plan on 45-day closings instead of 30-day closings, and to be ready for closing (including doing the walk-through) a week in advance.

“These modifications, which come as part of the CRPB’s changes to the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA) under the Dodd-Frank Wall Street Reform and Consumer Protection Act, will apply to most closed-end consumer mortgage loans.

“As part of the new rules, the lender must give the loan estimate to the buyer within three business days after the lender receives a completed application from the buyer. A completed application contains six items of information: buyer’s name, income, Social Security number, property address, estimated property value and loan amount.

“The lender or the closing agent must give the buyer the Closing Disclosure at least three business days prior to closing. Changes to the information provided in the document may require a revised Closing Disclosure and an additional three-day review period to be given. Buyers may waive the review period for a bona fide financial emergency.”

Upcoming Summer Projects on the Islands

Sanibelcityseal logoSummer into fall, when fewer occupants will be disturbed, is when most associations allow noisy projects in their communities. When working with Buyers thinking of purchasing a property that is in need of renovation, we always advise that they pay strict attention to the association rules and guidelines on how and when those projects may be accomplished, including what approvals and permits may be required. Some associations also have restrictions on what the improvements may be. For those looking for contractors, www.MySanibel.com has a list, by discipline, of those licensed here.

One of those summer projects began this week, at Seascape. Their stucco restoration project began June 1; while at Sunset South, we understand that their Building 8 will be reconstructed beginning July 1.

Coming over the same Sanibel causeway bridge after Debby passed

Some broader news is that last week, the City (Sanibel) was notified by the Lee County Department of Transportation that they will be performing bridge maintenance on all three causeway bridges beginning Monday June 8 and ending Thursday June 18, weather permitting. The bridges will remain open during this time, but there may be some lane shifts.

Sanibel & Captiva Multiple Listing Service Activity May 22-June 5 

Sanibel

CONDOS

1 new listing: Loggerhead Cay #474 2/2 $489.9K.

1 price change: Sundial #R401 2/2 now $824K (our listing).

6 new sales: Captains Walk #F6 2/2 listed for $319.9K, Mariner Pointe #121 1/1 listed for $369K, Sunset South #2D 2/2 listed for $525K, Pointe Santo #C4 1/1 listed for $639K, Island Beach Club #P2E 2/2 listed for $799.9K, Seascape #201 3/3 listed for $1.795M.

2 closed sales: Ibis at The Sanctuary A101 2/2 $449K, Ibis at The Sanctuary #B201 2/2 $435K.

HOMES

2 new listings 9439 Coventry Ct 2/2 $525K, 1730 Jewel Box Dr 4/3 $1.85M.

4 price changes: 9032 Mockingbird Dr 3/2 now $598.4K, 1460 Court Pl 6/5.5 multi-family now $649K, 1328 Seaspray Ln 4/4 now $895K, 1245 Isabel Dr 3/3.4 now $1.649M.

2 new sales: 778 Cardium St 3/3 listed for $449K, 4620 Rue Bayou 3/3 listed for $899K.

6 closed sales: 4109 Sanibel-Captiva Rd 2/1 $275K, 828 Rabbit Rd 2/1 $360K, 257 Daniel Dr 3/2 $604K, 1755 Jewel Box Dr 3/2 $685K, 667 Anchor Dr 4/3.5 $1.05M, 3400 West Gulf Dr $1.1M.

LOTS

No new listings.

1 price change: 3723 West Gulf Dr now $2.895M.

2 new sales: 0 Bowmans Beach Rd now $125K, 247 + 255 Robinwood Cir now $229K.

No closed sales.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Beach Villas #2322 1/1 listed for $499K, Marina Villas #706 2/2 listed for $625K.

1 closed sale: Bayside Villas #5318 3/3 $600K.

HOMES

No new listings.

1 price change: 16897 Captiva Dr 5/5.5 now $3.09M.

No new or closed sales.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, Susan Andrews, aka SanibelSusan

It’s Another Fabulous Friday on Sanibel & Captiva Islands


Although it was a fairly quiet holiday on Monday, this week flew by. While on our rounds today, Dave and I stopped in at Tarpon Bay Explorers. Below are a few photos snapped from their observation deck.

Happenings at SanibelSusan Realty Associates

SANSLogoWe are happy campers at SanibelSusan Realty. Some of the team had the holiday off (actually Dave and Lisa were in the office with me over the weekend). Then, Dave put an off-island property under contract on Monday. Then, we had a big closing on Wednesday, plus received a nice new condo listing that day too.

Though island real estate activity has slowed down, some buyers are here and others coming.

The action posted over the last seven days in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

Summertime Means Summer Storms

Lcec logoLast Saturday, we had our first good summer thunder buster which caused a short power outage. As part of the normal routine here in the summer, it’s a good time to be reminded that LCEC (Lee County Electric Coop) is known for its reliability. Not to mention that they have reduced their rates for the past two years and not had a rate increase in seven years. Their May newsletter mentioned that their rates are the lowest among Florida cooperatives.

EcoBrokerOriginalCertifiedLogo150pThat newsletter included the following reminder which also gets the approval of this certified Eco-Broker:

energy starYou can be an energy star! Energy is a U.S. Environmental Protection Agency (EPA) program designed to help you save money. An Energy Star label means the product or appliance will deliver great service and use less energy. This will not only reduce your electric bill, but it will also help the environment.

  • Energy Star air conditioners are 15% more efficient.
  • Energy Star televisions are 25% more energy efficient.
  • Energy Star refrigerators can save as much as $300 on energy costs over their lifetime.
  • Energy Star clothes dryers use 20% less energy.”

NOAA Predicts Below-Normal Atlantic Hurricane Season

wall street journalWe love it when clients send us ideas for our weekly updates. Thanks to Scott, here’s a repeat of an article that was posted online Wednesday by “The Wall Street Journal”:

Weather agency predicts 3-6 hurricanes from June 1 through Nov. 30

Noaa“A below-normal Atlantic hurricane season is likely this year, according to the National Oceanic & Atmospheric Administration. For the hurricane season spanning June 1 through Nov. 30, NOAA predicts in its latest report a 70% likelihood of six to 11 named storms—of which three to six could become hurricanes and up to two may become major hurricanes.

“Named storms have winds of at least 39 miles an hour and become hurricanes when winds reach 74 mph. At 111 mph, a hurricane is designated category three or higher.

““A below-normal season doesn’t mean we’re off the hook. As we’ve seen before, below-normal seasons can still produce catastrophic impacts to communities,” said NOAA Administrator Kathryn Sullivan.

“El Niño is the main factor expected to suppress hurricane season this year, according to Ms. Sullivan. NOAA also said it expects sea surface temperatures in the tropical Atlantic to be near normal. Warmer waters support storm development.

“NOAA said it would issue an updated outlook for the Atlantic hurricane season in early August, ahead of the historical peak of the season.

“For the Eastern Pacific hurricane basin, NOAA predicts a 70% chance of an above-average hurricane season with seven to 12 hurricanes including five to eight major hurricanes. The Central Pacific hurricane basin is expected to see an above-normal five to eight tropical cyclones this year, the agency said.”

REALTORS® Upbeat on Housing Outlook

A Realtor®Mag article posted on-line yesterday offered the following from “DAILY REAL ESTATE NEWS”:

Map 12 month increases expected

realtor logo “REALTORS® remain mostly confident in the next six months of the real estate market, thanks to 30-year fixed rates still below 4%, continued job growth, and recent measures that have made credit more accessible and cheaper, according to the April 2015 REALTORS® Confidence Index Survey, which is based on responses from more than 1,000 REALTORS® about their latest transactions.

“Across all property types (single family, townhomes, and condos), the number of respondents indicating the market as “strong” outnumbered those who viewed the market as “weak.”

“With stronger buyer demand and tight supplies, homes continue to sell relatively quickly, typically within 39 days in April, according to the survey. Also, REALTORS® increased their price expectations last month. Those surveyed expect prices to increase at a faster pace in the next 12 months with the median expected price growth to be 3.9% (up from 3.5% expectation in March’s survey). REALTORS® in Colorado were the most upbeat about price increases in the U.S., with median expected price growth at 6 percent, followed by the District of Columbia at 5%.

“REALTORS® also cited recent measures to open the credit box as having a profound impact on the housing market, such as with the Federal Housing Administration to lower its mortgage insurance premiums and the re-introduction from Fannie Mae and Freddie Mac to back 3% down payment loans.

“REALTORS® are the most upbeat about the overall housing market in states like North Dakota, Texas, Oklahoma, California, Oregon, Washington, Florida, New York, and Massachusetts, according to the survey.

“Also, REALTORS® outlook over the townhome and condo markets remained highest in Colorado.

“For-sale inventories remain tight in many states but seller traffic was reported as improving in many areas, particularly Utah, Wyoming, South Dakota, Texas, Missouri, Louisiana, Mississippi, Alabama, South Carolina, and New Hampshire.

“While real estate professionals remain generally optimistic about housing’s outlook for the next six months, real estate professionals’ continued to have the following concerns about the market:

  • Tight inventory in most states especially for move-in ready and “affordable” units;
  • Financing issues, such as qualifying for a mortgage still remains tough and the underwriting process is slow, leading to delayed closings;
  • Appraisal valuation concerns and delays due to “questionable” comps, particularly for FHA/VA loans, use of “out-of-town appraisers”, and second appraisal requirements;
  • Impact of the new mortgage procedures (RESPA-TILA) on closings;
  • Negative impact of low oil prices in states with oil/gas production;
  • Slowing demand from international buyers (e.g., Canadians) due to strong US dollar;
  • Uncertainties associated with flood insurance rates;
  • Impact of upcoming interest rate increase on demand.”

Window Costs Likely to Spike After June

This article in The “Island Reporter” this week caught my eye. Did you know about the new Florida Energy code?

island reporter

“The Fifth Edition Florida Energy Code is a title not known by many, but it is something which will affect anyone with a house or business come June 30.

“It’s the new energy cost savings for Florida, which resulted after the state updated its commercial and residential building energy codes in accordance with federal law, and it’s significant.

“”We are pulling permits now for our jobs in September and October,” said Kevin Munden, owner of Sanibel Glass and Mirror, Inc. “There is zero information out there about the Fifth Edition Florida Energy Code and if we don’t have our permits secured by July 1, the price of glass is going up.

“So how much will windows be going up after June 30?

“Try a 56% increase, due to the addition of insulated windows, which will be triple-silver-glazed, along with the already required high-impact glass.

“All this goes back eight years, when they passed a law which was going to reduce the consumption of energy in Florida,” said Dennis Chappell, who is Munden’s window contractor with Chappell Sales, LLC. “All homes need to get a certain number in a rating system, which involved air conditioning, insulation, etc. Each one is assigned a number. It is driven by the federal government to help reduce carbon emissions.”

““The ultimate goal is getting down to zero energy used in the home.”

“The new insulated glass which will be required after June 30, is the highest-priced which can go into windows. The new windows, will have a mirror-like look to it, which results from the triple-silver-glazed glass.

“That will be placed on the outside to reflect the sun and heat from entering the house, and goes along with the single high impact glass, which is already required of homes and commercial businesses.

“It’s been a code which has been in the making since 2010, but there have been postponements over the years delaying its enactment.”

“After June 30, all new construction will need to implement the high-energy efficient windows, which will force a rise in costs. But new construction is not where the problems will start popping up in the Fifth Edition Energy Code.

“Even if a window needs to be replaced in a current home or business, it needs to go through the property permitting process. That means, after June 30, to obtain a permit, the new energy efficient insulated windows will have to be used.

“It makes 100% perfect sense for new construction,” Munden said. “But the code also pertains to retro-fitting, meaning changing windows already installed in the house or business. It’s not going to be a cheap thing to change and could mean up to a 25% increase in a project.”

“For example, if a homeowner is deciding to replace their dozen windows in their home, they will need to replace them with the much more energy efficient insulated ones, which leads to another potential lurking problem – illegal installation.

“What this is going to create are illegal installations,” Munden said. “Unlicensed installers don’t have the property testing, the property installation and they don’t pull permits.”

“If a home or business owner cuts the corner and doesn’t properly obtain the permits to install windows, they will not be covered by insurance companies, which require the documentation before a claim can be settled.

“Now, if we get a hurricane, and those windows are not properly permitted, they will be denied their claim,” Munden added. “Claims will be denied without property permits.”

“The only way to gain the proper permits again, is to install the new insulated windows required by the Fifth Edition Florida Energy Code.

“”We are having to give double proposals now, the first being the current price before June 30, and the other estimate post-June 30,” Munden said. “As long as you get your permit before June 30, you are fine.”

“There are some leeways the state is giving and that is the code is subject to authority having jurisdiction by the local building department.

“Sanibel Building Department’s Harold Law, couldn’t comment about the Fifth Edition Florida Energy Code, because officials are still learning about it, but he did say June 30 is the current deadline for the enactment of it.

“Which, of course with government, that isn’t a certain even.

“The Legislature of Florida went home already and the Builder’s Association submitted a bill to postpone implementation of the code for a year,” said Chappell, who has attended every association meeting about the new code this past year. “It wasn’t voted on and it looked dead. But now, the Governor has called a special session, and there is a possibility this bill could pass. It’s not likely, but a possibility.”

““They could extend it one year, if that bill passes. The reality is, though, until the session is over with, we don’t know when the code will be enacted.”

“Another big problem which could occur if the code is enacted June 30, deals with condominiums. With condo associations almost always requiring a uniform exterior, when the different windows start being put in, that will upset those rules.

“”Sanibel has a couple thousand units and they are stringent on outside appearance of building,” Munden said. “Ninety-percent of them have tinted glass, which is gray in appearance. With the new windows, the glass will look entirely different. The state is telling them they can use only one kind of glass. Now, you’ll see all of these windows which are going to be gray, and this new glass will be mirrored. It’s going to create a lot of problems with association, because the glass won’t be matching now.”

“With Chappel being Sanibel Glass and Mirror’s window salesman and informing his clients of the change, Munden said he has been preparing for it, when it comes. The permits he has been pulling now for his September and October jobs, can be extended for another six months, so his company should be prepared.

“”I just want people to be aware of this,” Munden said. “There isn’t a lot of information out there about it.”

“To learn more about the Fifth Edition Florida Energy Code go to https://www.energycodes.gov/adoption/states/florida.” or here’s the code: shop.iccsafe.org/media/wysiwyg/material/5681L14-TOC.pdf

Sanibel & Captiva Multiple Listing Service Activity May 15-22 

Sanibel

CONDOS

View of Sanibel River from Sunset South #9C

View of Sanibel River from Sunset South #9C

4 new listings: Sunset South #9C 2/2 $449K (our listing), Sundial #F103 2/2 $465K, White Caps South #5 1/1 $549K, Wedgewood #104 3/3.5 $2.395M.

2 price changes: Nutmeg Village #307 2/2 now $675K, Nutmeg Village #209 2/2 now $720K.

3 new sales: Sundial #C207 1/1 listed for $429K, Breakers West #C2 2/2 listed for $535K, Island Beach Club #F230 2/2 listed for $649K.

3 closed sales: Spanish Cay #B2 2/2 $378K, Sanctuary Golf Villages I #4-4 2/2.5 $650K, Seascape #104 3/3 $1.9M (our sale).

Seascape Boardwalk

Seascape boardwalk

 

HOMES

1 new listing: 1599 Sand Castle Rd 3/2.5 half-duplex $489K.

5 price changes: 5131 Sanibel-Captiva Rd 2/2 now $499K, 9032 Mockingbird Dr 3/2 now $598.65K, 5749 Pine Tree Dr 3/3 now $695K (short sale), 9445 Beverly Ln 3/2 now $699K, 2010 Sunrise Cir 5/3 now $1.149M.

8 new sales: 982 Main St 3/2.5 listed for $439K, 220 Palm Lake Dr 3/3 listed for $565K, 750 Martha’s Ln 3/2 listed for $579K, 2984 Island Inn Rd 3/2 listed for $619K, 9470 Balsa Ct 3/2 listed for $825K, 0 Sea Pines 3/2 listed for $849K, 489 Lake Murex Cir 4/2 listed for $899K, 1204 Isabel Dr 3/3.5 listed for $3.795M.

8 closed sales: 766 Donax St 2/2 duplex $385K, 1677 Sabal Sands Rd 3/2 $400K, 3724 Agate Ct 2/2 $520K, 238 Southwinds Dr 3/3 $570K, 3968 Coquina Dr 3/2 $675K, 2514 Blind Pass Ct 4/3/2 $1.23M, 2720 Coconut Dr 3/3.5 $1.5M, 4809 Tradewinds Dr 3/3.5 $1.575M.

LOTS

No new listings or price changes.

1 new sales: without contingencies: 915 Main St listed for $199K.

No closed sales.

Captiva

CONDOS

1 new listing: Lands End Village #1611 2/2 $1.275M.

1 price change: Tennis Villas #3115 1/1 now $284.5K.

2 new sales: Bayside Villas #4114 1/2 listed for $265K, Beach Homes #3 3/2 listed for $1.879M.

No closed sales.

HOMES

No new listings.

1 price change: 1121 Schefflera Ct 4/4.5 now $3.99M.

3 new sales: 11537 Andy Rosse Ln 4/4 listed for $2.345M, 15009 Binder Dr 4/5.5 listed for $3.595M, 1131 Longifolia Ct 4/4 listed for $3.69M.

No closed sales.

LOTS

No new listings.

1 price change: 11545 Wightman Ln now $1.245M.

No new or closed sales.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

In addition to wishing you all a great weekend, remember SanibelSusan will be in the office if you want to buy or sell any island real estate.

In the meantime, please enjoy this adorable photo of a baby blue heron – looks like a baby dinosaur.

(Pix borrowed from a Facebook posting by Eric Weiss, who is Executive Producer at “Better Living”.)

Baby blue heron - Eric Weiss -

Memorial Day Weekend 2015 on Sanibel/Captiva Islands


It’s already another Friday with Sanibel and Captiva Islands gearing up for a holiday weekend. Our phones at SanibelSusan Realty have been quiet today, but those coming from off-island this morning remarked that there were families staking out spots on the causeway as early as 7:30 a.m.

Below are a couple of cell phone photos snapped this afternoon. It’s that time of the year when the sky is bright blue and the gulf is bright blue-green – gorgeous! These were taken at the Fulgur Street beach access between Compass Point and Sanibel Siesta.

At SanibelSusan Realty Associates

SANSLogoOur listings had few inquiries and showing requests this week, probably related to a slowdown in traffic, but with a home closing on Monday, us assisting clients in town doing due diligence and inspections, and another closing coming up early next week, we have stayed busy.

Teammate Dave has heading out to show a condo, while Elise finalizes her weekly report of the activity posted in the Sanibel & Captiva Islands Multiple Listing Service which follows some news items below.

SanCapAssnLogoWednesday was the annual island Association of Realtors® RPAC fundraiser at The Sanctuary. Dave played in the afternoon golf scramble, while I attended the event after work which included both silent and live auctions.

rpacTalley in process for total funds raised. I know my checkbook has another good dent in it. The Sanibel/Captiva goal is to win five of the five state awards this year.

Because of the RPAC event, there was no caravan yesterday, but there will be one next week. Always interesting this time of the year to see if there are any new listings. We have one in the works.

Save Sea Turtles

Sanibelcityseal logoIt is sea turtle nesting time, so worth a repeat of the below info that was contained in a May 1, 2015 flier that accompanied City mail last week:

“Turn Off Lights & Close Curtains/Blinds After Dark – Hatchling sea turtles are guided to the ocean by an instinct to travel away from the dark silhouettes of the dune vegetation and toward the brightest horizon – light from the sky reflecting off the ocean. Artificial light near the beach can deter females from nesting and disorient hatchling sea turtles. Most hatchlings that wander inland die of exhaustion, dehydration or predation. Local ordinances in effect year-‘round prohibit BOTH interior and exterior lights from illuminating the beach.

“PROBLEM: Interior lighting sources including chandeliers, lamps, and other fixtures that are visible from the beachfront. Unshielded interior lighting, even from just a single beachfront condominium, resort unit, or residence, is enough to disrupt the normal sea-finding behavior of sea turtle hatchlings. SOLUTION: Close curtains and blinds or turn off lights after dark.

“PROBLEM: Exterior lighting sources including flood lights, porch, ceiling fan lights, parking area lights, and other fixtures that are visible from or directly, indirectly, or cumulatively illuminate the beach. SOLUTION: Shield or turn off outdoor lights near or facing the beach. Replace the light source with a low-wattage yellow or amber bulb.

“PROBLEM: Portable lighting sources including flashlights, lanterns, or flash photography. SOLUTION: Avoid using flashlights, lanterns, or flash photography while on the beach at night. Cover the lens of your flashlight with red cellophane to make it less disruptive to sea turtles.

“For more information regarding sea turtles on Sanibel or the City’s beachfront lighting regulations, please visit the City’s website at http://www.mysanibel.com/Departments/Natural-Resources/Protecting-Our-Beaches/Sea-Turtles….”

Sea Turtles & Gopher Turtles – Big Difference

Facebook logoWith so much in the news about sea turtle nesting, it was with interest that I saw the following posting this week on the Facebook group page called “Beautiful Sanibel Island”.

I messaged the author, Kelly Everette Householder, who agreed to share her thoughts here too. Thank you, Kelly!

“Friends of this page – I want to relate a story that happened on the beach yesterday. My husband and I were sitting in our chairs at the water’s edge just enjoying the day. There was a small commotion behind us. There was a kind old gentleman who had found a “turtle”. He placed it at the waters edge but it tried to crawl toward the beach so this man thought to “help” the turtle by carrying it out past the second sandbar and letting it go.

“Although we did not get a good look at the animal, we became convinced that it was not a sea turtle but instead a small tortoise. The man returned from his rescue and walked off down the beach. My husband and I and another family watched as this “turtle” floated and swam. My husband swam out and got him and brought him back to the beach. Sure enough it was a gopher tortoise as we had suspected. Hubby took him over the dunes and released him back to his habitat.

“I post this to educate people the difference between a tortoise and a sea turtle. The biggest difference that is obvious is sea turtles have flippers (or fins) while land turtles have claws for digging. (See pictures below. Sea turtle in top photo, gopher tortoise on bottom.) Other differences include shape of the shell and color. I know this man thought he was doing a good deed but we should all remember that wildlife does not first and foremost need our human help except in rare instances such as what my hubby did. If you see an island animal in danger please call the authorities (i.e. C.R.O.W., or even the Sanibel Police Dept).

sea turtle

gopher turtle

“We have been coming to this island for 22 years and have raised our children to love and respect the wildlife here. I’m saddened by several things I have seen on this trip. A man sailing sand dollars like Frisbees and a young mother who swatted a young child’s hand after he picked up a tiny crab to show her. We have seen people leaving the poles to their umbrellas on the beach overnight and even after being tagged for it continuing to do so. I guess they thought they were special and did not have to follow the laws that the rest of us follow every day. And finally, the people who came from the public park next to our complex and set up camp at the end of the beach in front of our building and proceeded to help themselves to our pool. I have been amazed and disheartened by the lack of respect to nature and mankind in general.

“I’m not sure all the awards and advertising is a good thing for our island sanctuary. This truly is not a beach for everyone. If you are looking for white, pristine beaches with absolutely nothing on them but people please go to one of the many other beaches in Florida that can accommodate the average beach-goer.

“Please come to Sanibel to enjoy the preserved and as unspoiled as possible flora and fauna that we all appreciate so much. Keep in mind that our beaches have many, many shells that can hurt your feet. There are shell casings, driftwood and numerous washed up items on the beaches. Our beaches are not groomed to look like a perfect photograph. We find that real nature provides a much more beautiful picture. Enjoy it but leave only footprints!”

Summer Vacation Bookings

vip_logo_115At lunch today with pal David Schuldenfrei and his wife, Roberta, we talked about how our business stayed busy longer this year and how this is the first week that the phones have noticeably stopped ringing. David manages VIP Vacation Rentals and sells real estate here too. He remarked with another “first” when he said, “Of VIP’s many weekly vacation rental properties, fewer than 35 are available for any week between now and the end of August.” With schools not out yet, he said that is a new record, probably related to the recent announcement that Sanibel is the nation’s top family vacation destination.

Soooo, if you know anyone looking for a vacation rental here this summer, better suggest that they get those reservations made now!

City of Sanibel Hurricane Seminar for 2015 Season

Sanibelcityseal logoNext Friday, May 29, from 1 to 3 p.m., the City of Sanibel will sponsor the 2015 Hurricane Seminar to educate residents, property owners, business owners, and island workers. The seminar is free and will be held at BIG ARTS at 900 Dunlop Road. Sanibel hurricane re-entry permits will be available for residents and businesses. For requirements, visit the Police Department section of the City website www.mysanibel.com. (The 2012 hurricane re-entry passes still are valid and in use.)

Economists Revise Housing Forecasts

realtor logoHere is a little change in the forecast as posted today on Realtor®Mag’s “DAILY REAL ESTATE NEWS” on line:

FannieMaeLogo“Economic growth is expected to moderate for the rest of the year, but housing is one sector that is expected to post solid gains, according to Fannie Mae’s newly released report from its Economic & Strategic Research Group.

FreddieMacLogo_3“Economists with mortgage giant Freddie Mac also released a report this week revising housing forecasts upward for the remainder of the year. Economists expect that with tight for-sale inventories home prices will rise 4.5% this year, revised up from 4% in a prior report.

“”The labor market has added 5 million additional jobs, the unemployment rate is significantly lower, and housing markets are generally in much better condition than two years ago,” says Len Kiefer, deputy chief economist at Freddie Mac.

“Fannie Mae economists note that mortgage applications for home purchases –a gauge of home sales — have moved up consistently for the past couple of months.

“”While refinance applications have recently pulled back, the actual volume of both purchase and refinance originations earlier in the year came in stronger than we had projected,” says Doug Duncan, Fannie Mae’s chief economist. As such, Fannie Mae economists have raised their mortgage origination forecast to $1.46 trillion for this year

“”We are seeing positive developments in the housing space, supporting our forecast of moderate but broad-based improvement in 2015 compared to last year,” Duncan says.

“The wild card for the market may be what happens with mortgage rates in the next few months. Low mortgage rates have helped to keep homebuyer affordability high in the first quarter of this year, but housing markets will likely see an increase in interest rates for the remainder of year, Freddie Mac economists note.

“”For the remainder of this year, we’re likely to continue to see these mortgage rate swings as market participants try to anticipate Fed timing around rising short term interest rates,” says Kiefer. “Unfortunately, perspective home buyers may experience bouts of affordability shock in many housing markets. So far it’s been low mortgage rates that have helped to keep homebuyer affordability strong in the face of rising house prices, while income growth remains stagnant.””

Sanibel & Captiva Multiple Listing Service Activity May 15-22 

Sanibel

CONDOS

4 new listings: Sundial #B408 1/1 $465K, Island Beach Club #F230 2/2 $649K, Sandalfoot #4C3 2/2 $699K, Junonia #210 3/2 1.195M.

3 price changes: Sanibel Arms #E7 1/1 now $339K, Sanibel Arms #F2 1/1 now $639K, Seascape #301 3/3 now $1.28M.

4 new sales: Duggers #2 1/1 listed for $329K, Sundial #H109 1/1 listed for $339K, Sundial #J401 1/1 listed for $499K, Sandpiper Beach #504 2/2 listed for $669K.

6 closed sales: Captains Walk #A2 1/1 $205K, Sealoft Village #105 2/2 $450K, Nutmeg Village #304 2/2 $600K, Sanibel Surfside #211 2/2 $759K, Lantana #102 4/3.5 $1.325M, Seascape #105 3/3 $1.75M.

HOMES

2 new listings: 2451 Blind Pass Ct 3/4.5 $2.41M, 1238 Isabel Dr 5/3/3 $3.97M.

5 price changes: 450 Lake Murex Cir 3/2 now $539K, 9032 Mockingbird Dr 3/2 now $598.9K, 987 Sand Castle Rd 4/3.5 now $675K, 420 East Gulf Dr 3/3 now $709K, 1065 Fish Crow Rd 2/2 now $749.9K.

3 new sales: 2407 Shop Rd 2/1 listed for $299K, 1409 Causey Ct 3/3 listed for $599K, 4203 Dingman Dr 4/3 listed for $2.695M.

12 closed sales: 1452 Sandpiper Cir 2/2 half-duplex $320K, 868 Rabbit Rd 3/2 $350K, 659 Donax St 2/2 $475K (our Seller), 3168 Twin Lakes Ln 3/2 $530K, 603 N Yachtsman Dr 3/2 $640K, 8999 Mockingbird Dr 3/2 $755K, 228 Hurricane Ln 3/2.5 $775K, 395 Old Trail Rd 5/4 $800K, 1056 Sand Castle Rd 3/2 $835K, 190 Violet Dr 3/2.5 $995K, 1138 Harbour Cottage Ct 3/2.5 $1.05M, 2720 Coconut Rd 3/3.5 $1.5M.

LOTS

No new listings.

1 price change: 1304 Eagle Run Dr now $219K.

1 new sale: 3354 Barra Cir listed for $319K.

3 closed sales: 1332 Eagle Run Dr $242.5K, 643 East Rocks Dr $300K, 2494 Blind Pass Ct $600K.

Captiva

CONDOS

No new listings.

2 price changes: Beach Villas #2322 1/1 now $499K; Captiva Bay Villas #B 3/3.5 now $1,895,555.

No new sales.

2 closed sales: Sunset Beach Villas #2237 2/2 $670K, Sunset Beach Villas #2335 3/3 $755K.

HOMES

No new listings.

1 price change: 16464 Captiva Dr 8/8.5 now $7.699M.

1 new sale: 1131 Longifolia Ct 4/4 listed for $3.69M.

No closed sales.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Happy Memorial Day Weekend to all! Susan Andrews, aka SanibelSusan

memorial day

Mid-May Royal Poinciana Beauty & Island Real Estate Happenings


Beach a

It is finally safe to say that the islands are back to off-season normal. The locals no longer need to share roadways/restaurants and the weather is beautiful with the first tell-tale indications of the rainy season evidenced this week by a few late day passing showers.

SANSLogoSanibelSusan showed a few homes on Monday and the team and I have otherwise been working on getting some listings sold and under-contract properties to the closing table. Also put a charming home under contract.

Three of our Sellers agreed to price reductions this week. We often see those this time of the year, when there is a post-season lull before summer vacationers start arriving.

Below are a couple of news items followed by the action posted in the Sanibel and Captiva Multiple Listing Service since last Friday.

Inventory Shortages Keeping Home Sales Low

realtor logoThe NAR (National Association of Realtors) annual legislative meetings are finishing up today at the nation’s capitol. Several representatives from our Sanibel/Captiva Islands Association are there, pressuring for reform in those issues affecting us most. Below is an article that was posted today on “Realtor®Mag” about NAR’s Chief Economist’s predictions while at these meetings.

“Home sales will pick up to a solid 5.3 million this year and are expected to hit 5.5 million next year, but until inventory constraints improve, the country’s large pent-up demand for home sales can’t be met, NAR Chief Economist Lawrence Yun said at the 2015 REALTORS® Legislative Meetings & Trade Expo in Washington, D.C.

“Overall, the economy is on a steady growth track, with solid job formation, continuing low interest rates, and the large millennial generation entering its peak household-formation years. But with buyers having to compete for a limited selection of properties in many markets across the country, home prices are rising fast, making it hard for many first-time buyers to get into the market.

“Yun’s concerned that, as a result of these conditions, many households risk missing out on the wealth-building effect of home ownership at a time of low interest rates and strong price appreciation. “Young people are in a position to leave their parents’ home because job growth is picking up, but the lack of inventory and rising prices is making that hard,” he said.

“For lawmakers, there are important policy implications, because home ownership is the path most people take to building wealth. As more households find their options limited to renting, inequality—already rising across the country—will worsen. “Without home ownership, many people will not be able to enter the middle class,” he said.

“Despite the need for more inventory, builders are concentrating on the multifamily rental market right now, because that’s where the demand is, said Robert Dietz, vice president for tax and market analysis for the National Association of Home Builders. Dietz, speaking at the same forum on residential issues and trends, said the renter population has been the big growth story in real estate since the economic recovery began several years ago.

“There’s plenty of interest among builders to fill the need for more single-family homes, too, but small builders, who historically have been responsible for building two-thirds of new homes each year, can’t get the acquisition and development financing they need to get back into the market. Lenders want them to have buyers already lined up before they give them financing, Dietz said, making it hard for builders to get inventory in the market for buyers to look at. Also keeping housing starts down are a lack of skilled labor and a shortage of developed lots, he said. Prices of building materials are on the rise, too.

“Yun is forecasting 1.1 million housing starts this year, rising to 1.4 million next year. Prices are on track to rise 6% this year and then ease to a sustainable 4% next year, as more homes come on the market. He predicts long-term mortgage rates will stay at a low 4% this year, rising to 5.2% next year. Yun said interest rates will continue to rise, but he doesn’t expect big jumps in the years ahead because inflation remains in check and energy prices aren’t expected to go up to any significant degree in the years ahead.”

Realtor.com® Rolls Out a New Look

realtor.comHere is more coverage from the 2015 REALTORS® Legislative Meetings & Trade Expo:

“Realtor.com® has unveiled a new look to its website and mobile platforms and launched a new advertising campaign that aims to position its brand as the best – “and truest” – provider of real estate information.

“The campaign marks the biggest marketing initiative in realtor.com®’s nearly 20-year history and comes at a time of increased competition in the real estate website arena, according to a news release.

“Its new graphic identity includes a two-tone logotype that highlights the “real” in realtor.com® in red letters and is intended to communicate that while competitors may feature conflicting or inaccurate information, “realtor.com® stands for what is real in real estate by delivering fresh and accurate listings,” according to the news release.

“”Serving buyers, sellers, and renters of properties with the best information and tools anytime, anywhere and communicating the value brokers and agents provide as trusted guides through the process is our utmost priority,” says Ryan O’Hara, chief executive officer of Move Inc., which operates realtor.com®. “This is what we mean by what’s real in real estate – and what sets us apart.”

“The campaign also highlights that message in new TV spots and web videos that feature actress Elizabeth Banks, who has been part of “The Hunger Games” franchise. The new ads will debut May 18 and run on major broadcast networks and cable channels.

“The new tagline in the campaign is “real estate in real time.” The new ads are also aimed at trying to appeal to a wide consumer base, from Millennials looking for affordable homes to young couples looking for more space and families seeking bigger, longer-term homes.”

REALTORS® Expand Influence Across The Globe

Miamo Assoc of RealtorMore info from the DC legislative meetings was posted yesterday in “DAILY REAL ESTATE NEWS”. Our Miami colleagues are very excited about the event they are hosting in November which this year will be in partnership with NAR’s annual conferences in San Diego.

“The National Association of REALTORS® is expanding its presence across the world in an effort to educate more practitioners living in other countries as real estate increasingly becomes a global business.

“More international real estate conferences and summits will be held in the U.S. and abroad this year to connect American REALTORS® with those overseas, NAR’s Global Business & Alliances Committee announced during the 2015 REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. on Wednesday. Here are a few of the biggest ones:

“The first-ever International REALTOR® Conference will be held July 27 to 30 in Manila, Philippines, with the event’s main goal being to help REALTORS® in all corners of the globe conform to the Code of Ethics. “The REALTOR® brand is no longer an American brand,” said Shonee Henry, GBAC’s regional coordinator to Asia Pacific. “It’s now a global brand.”

“Tony Hanna, president of the Association of Professional Real Estate Agents of Mexico, announced a new initiative of the organization called AMPI USA. It’s aimed at teaching REALTORS® in the U.S. how to do business in Mexico. Courses on the topic will be offered at the AMPI International Real Estate Summit in Puerto Vallarta, Mexico, which will be held June 24 to 28.

“In November, the Miami Association of REALTORS® will be holding its 21st annual International Real Estate Congress, a popular networking event that brings foreign investors and developers together with real estate professionals in a world-class city. But for the first time in its history, part of it will be held in the host city of NAR’s REALTORS® Conference & Expo, which is San Diego this year, so those already planning to attend NAR’s event can experience IREC as well. MAR has partnered with the San Diego Association of REALTORS® to host the second leg of the event Nov. 10 and 11 just before the kickoff of NAR’s conference on Nov. 13. The first leg of IREC will be held in Miami Nov. 8 and 9.

“Several delegates from NAR’s partnering organizations in foreign countries also were on hand to explain how NAR has helped them expand the REALTOR® brand at home.

Greece: The Greek economy is only now entering recovery mode, said Nikos Manomenidis, president of the Central European Real Estate Associations Network. That’s ushering in expanded opportunities for practitioners there, which has prompted a move to strengthen real estate standards there. Greek real estate organizations are now in the process of establishing the country’s first MLS, and they are adopting NAR’s Code of Ethics.

Canada: An astounding 72% of REALTORS® in Canada don’t collect referral fees, said Pauline Aunger, president of the Canadian Real Estate Association. That’s a lot of money being left on the table, particularly for the 10% of Canadian REALTORS® who work with international buyers and sellers, she said. CREA is working with NAR to teach its members how to establish and use referral fees, and CREA has also partnered with NAR to create the country’s first course for the Certified International Property Specialist designation.

Romania: In the 10 years since he first attended an NAR convention, Dan Negulescu, president of the Romanian Association of Real Estate Agencies, has helped build the country’s “mini NAR.” The organization has launched Romania’s first MLS, established commission structures, and adopted the Code of Ethics.

Taiwan: Michael Tseng, vice president of the Taipei Association of Real Estate Brokers, was the first Certified Commercial Investment Member designee in his country. Since then, he has launched several CCIM  initiatives, eventually making courses for the designation part of standard curriculum at Taiwanese universities. Higher-ed institutions in the country now also provide coursework for students to get their real estate license.

Jamaica: Five years ago, Jamaican REALTORS® launched their first MLS, and that’s a big reason why the nation has become the most popular in the Caribbean for U.S. buyers looking to purchase a second home, said Howard Johnson, past president of the REALTORS® Association of Jamaica. The country now has 700 REALTORS®, which represents 60% of all real estate practitioners in Jamaica, and they are hosting several trade missions a year from American associations.”

Governor Scott Signs Florida Bill on Drone Use

Florida Realtors logoThis was posted today on FloridaRealtors®:

“While the Federal Aviation Administration (FAA) has not yet authorized drone use for most real estate functions in Florida, a bill (SB 766) passed by the Florida Legislature and signed by Gov. Rick Scott yesterday creates new rules for drone use once the FAA does so.

“In general, the Florida bill provides privacy protections for residents fearful that a drone will be allowed to fly across their private property and take pictures.

“However, the bill provides some protections for the state’s Realtors by including “limited exceptions.”

“According to a Senate committee’s bill analysis, “A person or entity engaged in a business or profession licensed by the state may use a drone to perform reasonable tasks within the scope of his or her license.” In addition to the exception for state licensees, the bill allows drone use by tax collectors for assessing property for ad valorem taxes and pictures taken by an electric, water or natural gas utility.

“Outside those exceptions however, the bill bans “a person, a state agency or a political subdivision from using a drone to capture an image of privately owned real property … with the intent to conduct surveillance without … written consent if a reasonable expectation of privacy exists.”

Captiva Yacht Club Junior Sailing Camp

Captiva yacht clubCaptiva Island Yacht Club uses the U.S. Sailing Association’s curriculum at their Junior Sailing Camp for kids ages 8 to 15 and at all experience levels. Membership in the yacht club is not a requirement. Two sessions are scheduled this summer (June 15 to 26 and July 13 to 24). Camp will be held at the yacht club, located next to ‘Tween Waters Inn. For additional info, email: accounting@CaptivaYC.net.

22nd Annual Sam Bailey’s Islands Night

Island night LogoIt is a month away, but islanders already are looking forward to this year’s “Islands Night” at the Lee County Sports Complex.

Beginning with a parade, “Islands Night” is a local tradition of hometown camaraderie begun by islander Sam Bailey over 20 years ago.

On Wednesday, June 17, at the Sports Complex, the gates open at 5:30 p.m., with parade at 6:15, followed by a baseball game – Fort Myers Miracle versus Daytona Tortugas at 7:05. Tickets are free. It is where islanders celebrate the end of another “busy” season.

Royal Poinciana in Full Bloom

On my travels this week, I stopped a couple of times to snap photos of the beautiful Royal Poinciana trees that are in gorgeous full bloom this year. Some Mays, with the onset of the rainy season, their color is short-lived – not so this year. Below are a couple of photos of the brilliant orange canopies.

Sanibel & Captiva Multiple Listing Service Activity May 8-15 

Sanibel

CONDOS

5 new listings: Tennisplace #E31 2/1.5 $369K, Sundial #F308 1/1 $385K, Sandpebble #1F 2/2 $399.9K, Lighthouse Point #131 2/2 $599K, Cottage Colony West #110 1/1 $639K.

3 price changes: Spanish Cay #F2 1/1 now $250K (our listing), Mariner Pointe #332 2/2 now $480K (our listing), Sanibel Arms #E8 2/2 now $497.4K.

1 new sale: Sundial #A301 2/2 listed for $869.9K.

4 closed sales: Sundial #F306 1/1 $345K, Sanibel Moorings #1622 2/2 $415K, Mariner Pointe #421 2/2.5 $515K, Dosinia #2B 3/2 $1.275M.

HOMES

2 new listings: 1658 Sabal Palms Dr 2/2 $850K, 1004 Fish Crow Rd 4/3 $925K.

6 price changes: 9477 Peaceful Dr 3/2 now $474.9K (our listing), 9106 Mockingbird Dr 2/2 now $499K, 1774 Bunting Ln 3/2 now $539K, 9012 Mockingbird Dr 3/2 now $549K, 1710 Sand Pebble Way 3/2 now $645K.

3 new sales: 9446 Beverly Ln 3/3.5 listed for $595K (short sale), Moonshadows #1A 3/3 listed for $899K, 375 East Gulf Dr 3/3 listed for $1.395M (our buyer).

5 closed sales: 475 Sea Walk Ct 3/2 $510K, 1445 Causey Ct 3/2 $790K, 6195 Henderson Rd 2/2 $1.15M, 5235 Indian Ct 4/3.5 $1.535M, 4627 Rue Belle Mer 3/2 $2.875M.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Bayside Villas #5144 1/2 $275K.

HOMES

1 new listing: 16500 Captiva Dr 5/5 $5.8M.

2 price changes: 1105 Tallow Tree Ct 3/3 half-duplex now $2.099M, 11530 Paige Ct 4/5.5 now $3.98M.

No new or closed sales.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Happy weekend!

Early May Happenings on Sanibel & Captiva Islands


It’s SanibelSusan reporting that for early May, there is a surprising amount of real estate activity on Sanibel and Captiva Islands. This week, The SanibelSusan Team had a nice closing on Tuesday, fielded a few inquiries, had a handful of showings, fulfilled several action items on upcoming closings – including attending two home inspections, and even got to work on a couple of offers.

After a couple of news items below is the action posted since last Friday in the Sanibel and Captiva Multiple Listing Service.

How about all those closings? It is amazing that there were not only 13 Sanibel home closings, but also 13 new sales over the last few days. Similarly with Sanibel condos, there were seven closings and six new sales. Today there are just 97 Sanibel condos for sale. Near-beach homes remain the favored product, but it is the first time since before Hurricane Charlie in 2004, that I remember condo inventory being under 100.

I bet it’s going to be a busy summer too!

Sanibel on “Today Show”

NBC Today LogoThe talk of the islands this week was the segment slated to be on The Today Show yesterday. Sanibel was declared the best family-friendly spot in the U.S. and the top tourist town on NBC’s Today Show. My blog mentioned the results of “FamilyFun” magazine’s survey that put Sanibel No. 1 back in March. Then the results appeared in the April issue of the magazine. The FamilyFun list went to the next level when it was aired yesterday morning on “Today” in a segment hosted by Kathie Lee Gifford and Hoda Kotb. If you are wondering about the complete list of the top ten, they are:

  • Sanibel
  • Smithsonian’s National Museum of Natural History, Washington
  • Smithsonian’s National Air and Space Museum, Washington
  • Henry Doorly Zoo and Aquarium, Omaha, NE
  • Children’s Museum of Indianapolis, IN
  • Gatlinburg, TN
  • Savannah, GA
  • St. Augustine, FL
  • Mackinac Island State Park, Mackinac Island, MI
  • St. Louis, MO, Zoo.

Maybe that publicity will ensure a busy summer. If you missed it, here is the video:

http://www.today.com/video/4-family-friendly-travel-destinations-for-the-summer-441449027688 

Workshop on Island Traffic

Sanibelcityseal logoWith all these accolades come more people, so it was good to read in the “Santiva Chronicle” that Sanibel City Council will hold a workshop at 9 a.m. Monday, June 1, at City Hall to address the island’s traffic, considered by most to be the major issue facing Sanibel.

“Mayor Kevin Ruane presented a brief outline he has prepared to take on traffic problems at the regular monthly meeting of the City Council, Tuesday, May 5, at City Hall and it will be used as a basis at the workshop. “Traffic management is an issue,” Ruane said. “It is important enough to revisit this subject once again.” Ruane included in Tuesday’s meeting agenda 50 documents involving various aspects of traffic dating back to 1988. It amounted to 2,671 pages. “There is some good data here, and there is some that is outdated,” Ruane said. “We have just put this list together and I or no one else has had time to read all 2,000 pages. But this data provides a good starting point. “We will go over expectations,” Ruane said. “We won’t promote false expectations about what we can and cannot do.” “This is a good starting point,” Vice-Mayor Mick Denham said. “The process you have defined is a great idea.” “I appreciate your remarks over expectations,” Councilman Chauncey Goss said. “There is no silver bullet on this island when it comes to traffic and nobody should be led to believe there is.”

“I support this session (workshop) if it doesn’t turn into a gripe session,” Councilman Jim Jennings said. “I understand some of that is necessary.”

“The June 1 workshop will be held just ahead of the monthly council meeting on June 2. The council cannot vote on anything at the workshop. “We can’t vote, but we can frame in what I hope is a free-flowing type of workshop,” Ruane said. Following the workshop, the council also will hold a joint workshop with the Planning Commission on June 9.”

Upcoming Events

Sanibel school ribbonMay 16 – Sanibel School Fund Blue Ribbon Classic at the Sanctuary Golf Club begins at 11:30 a.m. with 12:30 p.m. shotgun start. Proceeds pay for a language arts instructor, software, technology and sound equipment and musical instruments, and upgrades in classrooms that give students an advantage at the nationally acclaimed school. The Sanibel School serves approximately 375 students in kindergarten through 8th grade on Sanibel and Captiva. It has been awarded a Blue Ribbon through the U.S. Department of Education’s National Blue Ribbon School program, which recognizes educational institutions where students achieve overall academic excellence or for success in closing academic gaps. The school has earned an “A” rating from the Department of Education for the past dozen years.

ride of silence logoMay 20 – Ride of Silence is a worldwide event that takes place each year at 7 p.m. on the third Wednesday of May to honor bicyclists who have been in accidents & to raise awareness on sharing the road. Hosted by Matzaluna Italian Restaurant, riders are encouraged to arrive for a short educational program at 6:15 p.m. The ride begins at 7 p.m., crosses over the first two bridges of the causeway, around the turn-around under the main span, returning to Matzaluna.

As Luxury Market Soars, A Moment for Concern

realtor logoThis article was posted in late April on Realtor®Mag Blogs under “Speaking of Real Estate””

“Exceptional growth has been the storyline of the luxury real estate market the past few years. No other price segment has rebounded from the housing crash with as much gusto as that of million-dollar-plus homes, which are selling at twice the historical average. According to the National Association of REALTORS®, home sales above $1 million in 2014 grew nearly 9% over 2013 — more than double any other price point. And the conservative expectation is that luxury sales will at least repeat that performance this year. Nearly every major city — if not all of them — shattered its record for most expensive residential sale in the last year, and each one has a listing today that, if purchased at asking price, would break it again.

“There’s no doubt the industry has a lot to celebrate because of the roaring success on the top end of sales. But underneath that fanfare appears to be a little bit of nervousness that only a few will openly — or even hesitantly — admit. Is the upward trajectory of high-end sales and prices rising too fast?

“At the Asian Real Estate Association of America’s Global & Luxury Summit in Chicago this week, the theme was clearly that real estate professionals should jump on the opportunities presented by the soaring luxury market. The conference was mostly tips for how to enter the high end of your local market and serve wealthy buyers’ needs, as well as the outlook for luxury sales going forward. It was on this latter point that a few glimmers of concern shown through at various sessions.

“During a presentation by top luxury producers around the county, the panel was asked by an audience member where they thought the luxury market was going in the future. Craig Hogan, director of Coldwell Banker Previews International in Chicago, answered this way: “We want to see the luxury market go up, but we don’t want to see it go up so fast that then it drops. We hope it keeps doing what it’s doing without a bunch of spikes.”

“On the same panel, Robert Canberg, a salesperson with Nest Seekers International in the Hamptons on Long Island, said his tony area’s average sales price last quarter was around $2 million, up more than 30% year-over-year. Another panelist, Ivan Sher, partner-broker with the Shapiro & Sher Group in Las Vegas, said the number of home sales above $1 million in the city was 19 in January of this year alone, up from 8 in January 2012.

These are, of course, market conditions in only two areas, but against a sea of headlines proclaiming an unprecedented heating-up of luxury sales around the country –  San FranciscoAtlantaNashvilleBostonMiami — it’s clear that the spikes are already beginning to happen. What no one knows is if or when the drop will come. That’s incredibly difficult to predict.

“However, another potentially alarming bit of information: During the opening general session at the AREAA summit, NAR Chief Economist Lawrence Yun said that the rising value of the dollar could make foreign buyers pull back on real estate purchases in the U.S. Foreign buyers have been responsible for a large percentage of high-end sales in these years of the fast-and-furious recovery of the luxury market. If they go away, are there enough buyers here who can sustain the price growth?

“Even realtor.com® Chief Economist Jonathan Smoke showed a slide pinpointing the correlation between the U.S. dollar and home-buying demand from international buyers. Beginning in November of last year, the dollar took a sharp turn upward in value, and at the same time, the number of non-U.S. visitors to realtor.com® drastically declined. Pair that with Yun’s statement at the conference that “there is still some uncertainty and risk consideration about where the U.S. is currently. It’s not necessarily the best of times,” he said, noting that GDP growth in the U.S. is expected to “fizzle” this year, though he attributed that to “one-time factors” without elaborating.

“That, of course, isn’t enough to say that doom and gloom is on the horizon for the luxury market or the market as a whole, but it’s something to take note of.

“Economists started to say last year that the potential for another housing bubble was present, but no one would go so far as to say it was actually happening. No one can say that now, either, but it’s worth noting that eerie signs — whether it speaks to a bubble or not — are popping up. And they’re starting to be acknowledged by some in the real estate community.”

Roseate Spoonbill Lovers

If you enjoy photographing these colorful birds, you may be interested to know that there have been many sightings at the J.N. “Ding” Darling Wildlife Refuge this week. If you want to see them, reports say that you need to get there early, as they are usually gone by 10 a.m.

Sanibel & Captiva Multiple Listing Service Activity May 1-8 

Sanibel

CONDOS

4 new listings: Sundial #H109 1/1 $339K, Sundial #H302 2/2 $599K, Pointe Santo #C4 1/1 $639K, Sundial #T302 2/2 $739K.

1 price change: Sanibel Arms #E7 1/1 now $349K.

6 new sales: Captains Walk #A2 1/1 listed for $239.9K, Seashells #27 2/2 listed for $323K, Seawind #A106 2/2.5 listed for $479K, Cottage Colony West #102 1/1 listed for $649.9K, Sanctuary Golf Villages I #4 2/2.5 listed for $699K, Sand Pointe #214 2/2 listed for $729K.

7 closed sales: Coquina Beach #4B 2/2 $409K, Sanibel Siesta #308 2/2 $475K, Sandpiper Beach #202 2/2 $611K, Lighthouse Point #127 3/2 $680K, White Pelican #123 2/2 $725K, High Tide #A101 3/2 $1.1M, Somerset #B101 3/2.5 $2.025M (our Seller).

Beach Path

Beach

HOMES

2 new listings: 1806 Ibis Ln 3/2 $470K, 513 Lighthouse Way 3/3 $1.995M.

3 price changes: 9032 Mockingbird Dr 3/2 now $599.4K, 4241 Old Banyan Way 3/2 now $739K, 1525 San Carlos Bay Dr 3/2 now $1.975M.

13 new sales: 600 East Rocks Dr 3/2 listed for $535K; 3724 Agate Ct 2/2 listed for $549K, 1586 Century Ct 3/2.5 listed for $629K; 1325 Par View Dr 3/2.5 listed for $710K; 5406 Osprey Ct 3/2 listed for $729K, 1528 Angel Dr 3/2 listed for $749K; 1041 Blue Heron Dr 3/2.5 listed for $839K; 3351 Barra Cir 3/2.5 listed for $869,999; 4620 Rue Bayou 3/3 listed for $899K; 5076 Joewood Dr 3/2 listed for $949K; 518 N Yachtsman Dr 3/3 listed for $398.5K, 4809 Tradewinds Dr 3/3.5 listed for $1.69M; 4525 Waters Edge Ln 3/2.5 listed for $4.495M.

13 closed sales: 1845 Ardsley Way 3/2 $525K, 542 Chert Ct 3/2 $551.25K, 4279 Gulf Pines Dr 4/3 $630K, 3131 Twin Lakes Ln 3/2 $665K, 547 Chert Ct 3/2.5 $690K, 2210 Camino Del Mar 3/2 $695K, 1173 Kittiwake Cir 4/2 $699.9K, 248 Daniel Dr 3/2 $719K, 2582 Wulfert Rd 3/3.5 $750K, 6101 Castaways Ln 4/2 $790K, 2617 Coconut Dr 3/2.5 $1.29M, 1842 Woodring Rd 3/3.5 $1.84M, 1779 Venus Dr 4/5.5 $3.819M.

LOTS

No new listings.

2 price changes: 5126 Sea Bell Rd now $220K, 5116 Sea Bell Rd now $226K.

1 new sale: 9277 Belding Dr listed for $179.9K.

2 closed sales: 2562 Coconut Dr $308K, 6419 Pine Ave $626K.

Captiva

CONDOS

No new listings, price changes, or new sales.

2 closed sales: Bayside Villas #5324 3/3 $568.5K, Beach Homes #19 3/3 $2.695M.

HOMES

No new listings.

1 price change: 11461 Dickey Ln 3/2 now $1.455M.

1 new sale: 11513 Wightman Ln 5/5 listed for $1.795M.

No closed sales.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

mothers-day-clipart-1Best wishes for a happy weekend – especially all the Moms!

What’s Happening Now on Sanibel & Captiva Islands


It’s SanibelSusan again with some Friday scoop. My team and I have been busy all week with action items on new listings, upcoming closings, and recently negotiated contracts, but new business was markedly slower this week, while traffic was markedly improved.

Yesterday’s Realtor® Caravan Meeting was lightly attended and showing activity/inquiries were down too. Below after a couple of news items is the activity posted in the Sanibel & Captiva Islands Multiple Listing Service this week.

Community House Renovation Plans Moving Ahead

Community Ctr renovationCommunity House logoIt was with interest that the April-May newsletter of the Sanibel Community Association “The House News” reported the following:

“The long-anticipated renovation of the Community House is moving forward, with building and site plans being completed this year and primary construction now expected to happen in the Summer of 2016. This will allow the House to host its normal schedule of activities during next season (2015/2016) without disruption.

“The renewal project will restore the historic North Room, in a manner consistent with its designation as a historical landmark, and the overall outside appearance of the Community House will be designed to be compatible with the “Olde Florida” style. Inside, the House will receive a major modernization, with upgraded electrical, plumbing, and audio-visual equipment, expanded and modernized kitchen and rest room facilities, and more flexible interior space, and a fresh look.”

A subsequent, email update today from SCA covered some points from their recent annual meeting including: that the last major renovation there occurred in the 70’s when the auditorium was added. After the upcoming summer 2016 renovation, the facility is expected to reopen in October. Local architect (& fellow Sanibel Chorus alto) Amy Nowacki has been appointed to design the project. Benchmark has been engaged as General Contractor. Cost for the project is estimated to be slightly under $2M.

“In the presentation to SCA membership, a new vision was outlined for how the Community House could participate in the Civic Core operations. “While SCA’s Board has decided to renovate its current building rather than construct a new Community House on the north side of Periwinkle at this time, we hope to be able to move SCA’s major outdoor festival-type events across the street to the planned Civic Core Community Green. This would include things like the major Arts & Crafts Fairs which operate over several days during the height of season. Locating those events on the Community Green would give them a more comfortable setting and make for easier parking and pedestrian access.

“SCA’s vision calls for the Civic Core project to include construction of an open-air pavilion on the Community Green that would serve as a base for the outdoor festival events and be available for other types of open-air functions, with parking provided by the new Civic Core shared parking lots. SCA plans to advance this idea with the City and other Civic Core stakeholder groups.”

Sweet Island Message

Facebook logoA couple of my teammates scowl when they hear that I have posted something on social media, particularly Facebook. But being a forward-thinking professional, I want to ensure that our business is marketed in whatever way necessary to best serve our clients and customers. Experts advise that younger generations rely on social media for business as well as pleasure, and since I have both received listings and found new prospective buyers through social media, my adventure into technology will continue.

What really irritates me though about social media, especially this week, is the amount of negativity that is posted and then perpetuated. My Dad always said “if you don’t have something nice to say, don’t say anything at all.” I know that I don’t always follow that advice, so it is heartwarming to read what I consider a “sweet message” once in a while.

Seal_of_Maine_svgOn Facebook, there is a closed group called “Beautiful Sanibel Island”. The only requirement to join is that you “love Sanibel Island”. With over 6,000 followers, it is bound to have some naysayers occasionally and it does; but when I read the below message this morning from a gal who was here on visiting, I said to myself, “I must share this.” (Warmed my heart even more to see that the author is from Maine too! Those gals tell it like it is!)

“I returned home after another week in paradise a few days ago. The respect that everyone, young and old has for this magical island never ceases to amaze me. I just want to share 2 of my favorite interactions. I noticed a little girl, approximately 7 years old on a sandbar, holding the most beautiful, HUGE Lightening Whelk. I approached her to take a look and she, in a very matter of fact way says, “we can’t keep it, he’s alive”. It warmed my heart. The second was while I was taking a walk near the lighthouse. I saw a gentleman in his mid twenties, nice looking, nice physique, carrying something toward the water. I walked over to see what he had. It was a little Leopard crab. The handsome, young man says, “poor little fella, I need to get him back to the ocean. I hope he’ll be alright”. God, I love Sanibel…”

The Sanctuary Golf Club says “Please, Pardon the Dust…”

The Sanctuary Sign2July08As yet another indication that “season” is over, the following article was in the April issue of the “Sanctuary Sound”.

sanctuary golf club logo“The Members of The Sanctuary Golf Club have made a decision to remodel, redecorate, and refresh! …

“First, the Clubhouse will be remodeled. The integrity of the brand will remain but new furnishings, paint, carpet, decorations, etc. will be added to refresh the Club. Next, the outside dining will be enhanced to capture the magnificent golf course view. Lastly, the fitness center and pool will be removed for a 5,000 sq. ft. Tennis & Wellness building. It will include new state-of-the-art fitness equipment, an aerobics room, massage therapy rooms, and locker rooms. The lap pool will augment the exercise programs to include water aerobics…these changes will begin May 2016.”

Note: Their social membership is capped at 100 with 14 currently on the waiting listing. With normal attrition just 2 to 4 members a year, if you are considering joining The Sanctuary as a social member, it makes sense to complete an application and get your name on the list now. There are no fees for the applying. For more info, contact Sheryl Tatum, Director of Membership, 239-332-5182 or statum@sanctuarygc.net.

RPAC Hair Color Challenge

rpacAt our Sanibel & Captiva Islands Association of Realtors® Caravan Meeting yesterday, I challenged colleagues to change their hair color as part of our annual fundraiser for RPAC. RPAC (Realtor® Political Action Committee) contributions support a variety of things affecting all of us. Those issues include electing Realtor®-friendly legislators who protect property rights, competitive and affordable flood insurance, protecting the environment, cleaning waterways, and re-nourishing beaches. Realtor® dollars contributed to RPAC are used: 30% to national issues, 45% to Florida (http://pac.floridarealtors.org), while 25% may be used by local associations.

SanCapAssnLogoEach May, after “season”, our Sanibel/Captiva Association hosts an event which originally was known as “The Over-the-Hump Party”. This year, the event includes advance raffle-ticket sales, a golf tournament, and both silent and live auctions with items donated by members, plus an after-party. The purpose is to celebrate that we made it through another “season” and to raise money for RPAC.

The Sanibel & Captiva Islands Association of Realtors® may be small, but we recognize the importance of RPAC. SanibelSusan’s challenge adds just a different twist to raising a few more dollars this year. Those taking the challenge only need to color their hair wild and colorful before the event on May 20. If they meet the challenge, I will make a contribution toward their RPAC goal, provided they are more than 50% vested themselves. Goal levels begin at just $100.

If I am the only one on the island with pink hair in a few weeks, you will know that no one took my challenge, but I am hopeful that you will see some fun local color soon! Sanibel/Captiva took home four of the five state RPAC awards last year for a board of our size. This year we are hoping for five out of five! The gauntlet has been thrown.

Six Florida Islands That Are Better (And Usually Cheaper) Than The Caribbean

huff post travel logoHere is the intro to an article posted this week on the Huffington Post’s “HuffPost Travel”:

“If you’re craving an exotic beach escape to one of the best islands in the world, then head to Florida. Floridian islands made up three of TripAdvisor’s Top 10 Islands In The U.S. this year. They’re so stunning that earlier this year, the tourism bureau of Ithica, New York even begged travelers to go, to forgo the city to visit Florida’s islands instead. While getting to the Caribbean can be a schlep for your luggage and tough on your wallet, visiting Florida’s islands will not require going through customs and are often, though not always, cheaper to get to.”

The write-up included the below photo and had this to say about Sanibel: “Sanibel Island – With no chain stores, no stoplights and a population of just about 7,000 people, this place is pure, quiet island bliss. Hunt for seashells on the beach, or chow down on chicken wings at the Lazy Flamingo.”

HuffingtonPost photo 4-28-15

Sanibel & Captiva Multiple Listing Service Activity April 24—May 1 

Sanibel

CONDOS

1 new listing: Sunset South #2D 2/2 $525K.

3 price changes: Mariner Pointe #813 2/2 now $459K, Blind Pass #G203 2/2 now $490K, Seascape #201 3/3 now $1.795M.

3 new sales: Lighthouse Point #231 2/2 listed for $670K, Lighthouse Point #323 3/2 listed for $899K, Nutmeg Village #214 2/2 listed for $995K.

2 closed sales: Lighthouse Point #132 2/2 $475K, Sundial #E408 2/2 $875K.

HOMES

8 new listings: 1744 Bunting Ln 4/2 $649K, 588 Boulder Dr 3/2.5 $795K, 1251 Sand Castle Rd 4/3 $824.9K (short sale), 557 N Yachtsman Dr 4/3 $849K, 236 Palm Lake Dr 3/2 $879K, 660 Oliva St 3/2 $950K, 2540 Coconut Dr 4/3.5 $979K, 750 Periwinkle Way 4/4 $1.998M.

8 price changes: 9032 Mockingbird Dr 3/2 now $599.65K; 420 East Gulf Dr 3/3 now $719K; 1528 Angel Dr 3/2 now $749K; 5424 Shearwater Dr 3/2.5 half-duplex now $795K; 518 N Yachtsman Dr 3/3 now $998.5K; 1224 Par View Dr 3/3 now $1.099M, 1137 Golden Olive Ct 5/3.5 now $2.175M; 5615 Baltusrol Ct 4/4/3 now $3,999,999.

6 new sales: 2220 Camino Del Mar Dr 3/3 listed for $599K, 238 Southwinds Dr 3/2 listed for $625K, 1755 Jewel Box Dr 3/2 listed for $699K, 395 Old Trail Rd 5/4 listed for $815K, 1101 Schooner Pl 3/2.5 listed for $1.189M, 375 East Gulf Dr 4/3 listed for $1.395M.

7 closed sales: 1938 Roseate Ln 3/2 $325K, 744 Martha’s Ln 2/2 $449K (our listing, photo below), 1691 Sand Castle Rd 3/2.5 half-duplex $469K, 1228 Anhinga Ln 3/2 $570K, 543 Chert Ct 3/2 $630K, 5880 Sanibel Captiva Rd 3/2 $865K, 1331 Sand Castle Rd 3/2.5 $891K.

Front1

LOTS

No new listings or price changes.

1 new sales: 223 Robinwood Cir listed for $195K.

2 closed sales: 2324 Starfish Ln $425K, 4334 West Gulf Dr $850K.

Captiva

CONDOS

3 new listings: Beach Villas #2422 1/1 $539K, Beach Homes 37 2/2 $1.795M, Beach Homes #8 3/3 $2.7M.

No price changes.

1 new sale: Bayside Villas #5144 1/2 listed for $299.5K.

1 closed sale: Lands End Village #1601 2/2 $1.225M.

HOMES

No new listings, price changes, or new sales.

2 closed sales: 16249 Captiva Dr 3/2.5 $2.025M, 1 Sunset Captiva Ln 2/2.5 $2.175M.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Best wishes for a great weekend, SanibelSusan (Susan Andrews)

Hot Real Estate Market on Sanibel As High Season Winds Down


It’s another happy Friday with SanibelSusan again reporting a busy week for The Sanibel Susan Team. Who said “season is over?”

SANSLogoThis week, our company had good action with listings shown, new listings and new offers received, new sales negotiated, and we been out showing property too.

Below, after a couple of news items, is the activity posted in the Sanibel and Captiva Multiple Listing Service over the last seven days.

What A Difference a Year Makes

sancap GO MLS logoThough plenty of “under contract” listings remain on the books with many expected to close in May, it is interesting to take a snapshot of the Sanibel & Captiva Islands Multiple Listing Service statistics now compared to the same time last year.

Below are the closed sales from the first of the year until today. What a difference a year makes!

SANIBEL SALES from January 1 to April 24

                2015                        2014

Type       #      Average $        #     Average $

Condos   59   $718,979          52   $679,516

Homes    87    $860,546         68   $787,446

Lots        16     $283,150        10    $510,356

CAPTIVA SALES from January 1 to April 24

                2015                      2014

Type        #       Average $     #     Average $

Condos  13      $1,212,538    6     $443,667

Homes   8        $3,060,312   11  $2,732,045

Lots        2        $2,847,500      0     N/A

Wondering how many properties are available and remaining to be sold? Or how many are under contract awaiting closing?

SANIBEL UNDER CONTRACT: 29 condos, 64 homes, and 10 lots.

CAPTIVA UNDER CONTRACT: 6 condos, 3 homes, and 2 lots.

FOR SALE ON SANIBEL: 106 condos, 131 homes, and 77 lots

FOR SALE ON CAPTIVA: 41 condos, 47 homes, and 3 lots.

Yes, the market is on the upswing and The SanibelSusan Team is looking for listings!

April Membership Meeting – Sanibel & Captiva Islands Association of Realtors®

SanCapAssnLogoYesterday, at our local Realtors® April Membership Meeting guest speakers were SCCF (Sanibel-Captiva Conservation Foundation) Director of Natural Resources, Rae Ann Wessel, and two Sanibel City Councilmen – the newest member Chauncey Goss and long-standing member Jim Jennings.

With discussion focused around water quality and how it affects all of us including real estate values, the speakers were complimentary about the report recently finalized by Florida Realtors® titled “The Impact of Water Quality on Florida’s Home Values” (Here’s a link: valueshttp://www.floridarealtors.org/ResearchAndStatistics/Other-Research-Reports/upload/FR_WaterQuality_Final_Mar2015.pdf). The persistent hard work by many local Realtors® was the impetus behind this report which is now a tool available for and used by our speakers and other officials in proving their point about the effects of water quality on businesses and property here.

Rae Ann advised that this summer with El Nino effects expected, the rainy season may be much like it was in 2013 and 2005 when there were high water releases from Lake “O” which resulted in fresh water being pushed down the Caloosahatchee River and some miles out into the gulf.

Florida voters – 75% of them – spoke loud and clear in support of protecting the state’s natural resources when Amendment 1 was approved. Now, we also must assure that the funding (estimated at more than $700M this year alone) is spent for the projects and purposes identified in the amendment. If you haven’t yet voiced your support, please to go SCCF’s web site to learn more. The end of a 2015 Land Purchase Option is coming up so it is important that projects to both improve water flow and store water remain in the minds of our state and federal leaders. http://www.sccf.org/content/292/Amendment-1—-Protect-Our-Voter-Mandate.aspx

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Councilmen also spoke of the City’s recent work toward policies that will help in redevelopment, particularly of old commercial spaces. The need to come up with solutions to island “high season” traffic problems was discussed too. They expect we will hear more on that subject in the upcoming months.

During the Caravan portion of the meeting, only three properties were announced as being on tour, so beginning May 1 these Thursday morning weekly meetings will transition to the summer schedule of every other week. That schedule will continue until listing inventory increases significantly, usually November.

Time Is Running Out

Ding Darling signAs follow-up to my mention of the need to contact legislative leaders about using the funds to support Amendment 1, I noticed the following message yesterday on “Ding on the Wing” online:

 

“Only a very short time remains until the Florida legislature and Governor Scott decide on the use of Amendment 1 money.  The EAA Reservoir Project is an essential element in the restoration of the Everglades and, as a result, will help dramatically reduce the summer flow of contaminated water from Lake Okeechobee into the Caloosahatchee and hence the  Refuge watershed.  Funding must be secured by April to make this happen. Buy the Land to Start the Plan. This is an investment in our community, our economy and our future.  Thanks for taking action today!

“Even if you have contacted Governor Scott before, please do so again  Click Here.  Even if you are not a Florida resident, but come to Southwest Florida or own a second home, your voice matters.  Drinking water and wildlife will be negatively impacted, as well as the economy.   Please contact the governor TODAY.”

Southwest Florida International Airport

SW FL international airportOur friends at Oceans Reach posted the following info on their Facebook page this week. Good scoop about how the local Southwest Florida airport continues to expand their service, making it easier than ever to get to your favorite beach destination!

“Here is the latest air service news from Southwest Florida International Airport (RSW) in Fort Myers. The following airlines are adding new or additional routes:

“Air Canada Air Canada will operate up to four weekly flights to Toronto (YYZ) this summer, compared to two flights during the same period last year. Flights can be booked at www.aircanada.com.

“Frontier Airlines Frontier will inaugurate daily nonstop service to Cincinnati (CVG) on April 30. Frontier recently started weekly nonstop service to Chicago-O’Hare (ORD), Cleveland (CLE), Milwaukee (MKE), St. Louis (STL) and Washington, D.C.-Dulles (IAD). This will complement their existing service to Denver (DEN) and Trenton (TTN). Flights can be booked at www.flyfrontier.com.

“Southwest Airlines Southwest will inaugurate weekly nonstop service to Houston-Hobby (HOU) on April 11, 2015. Southwest recently resumed seasonal daily nonstop service to Kansas City (MCI); Saturday-only service to Albany (ALB), Boston (BOS), Cleveland (CLE), Denver (DEN), Islip (ISP) and Minneapolis (MSP). Flights can be booked at www.southwest.com.

“Spirit Airlines Spirit will inaugurate daily nonstop service to Atlanta (ATL) on Sept. 10, 2015. Spirit recently started weekly nonstop service to Cleveland (CLE) and Latrobe/Pittsburgh’s Arnold Palmer Regional Airport (LBE). Flights can be booked at www.spirit.com.

“Sun Country Sun Country will inaugurate weekly nonstop service to San Juan, Puerto Rico (SJU) on May 3. The flights will operate on Thursdays and Sundays through Aug. 23, 2015. This will complement Sun Country’s daily nonstop service to Minneapolis-Saint Paul (MSP). Flights can be booked at www.suncountry.com.

“WestJet WestJet will operate up to five weekly flights to Toronto (YYZ) this summer, compared to four flights during this same period last year. Flights can be booked at www.westjet.com.

“For additional details and the full list of nonstop destinations serviced from RSW, please click here.”

Upcoming Prescribed Burns on Sanibel

Ding Darling Society logoAs reported in today’s “Island Sun”, “on Monday, a public information meeting was held at J.N. “Ding” Darling National Wildlife Refuge Visitors & Education Center with refuge personnel, city and conservation staff and officials from the U.S. Fish and Wildlife Service discussing the plan for prescribed burn location on Sanibel this spring and summer.

“Currently, six locations on the island are being targeted for burns this year. They include”

  • The refuge’s Botanical Site, located south of Sanibel-Captiva Road across from The Sanibel School.
  • SCCF’s Center Tract, located between Sanibel-Captiva Road and Lake Murex Circle.
  • The Postell Tract, located between Rabbit Road and the Lake Murex subdivision.
  • Sanibel Gardens Preserve, located off Island Inn Road.
  • Frannie’s Preserve, located off Tarpon Bay Road.
  • Gulfside City Park, located between Algiers Lane and Casa Ybel Road.

“These spots include not just what we’re planning this spring and summer, but what our partners are planning to do,” Refuge Manager Paul Tritaik told the crowd. “What we want to have is a safe and effective burn for us and for the local wildlife.”

“Fire is a natural part of Florida’s ecosystem, historically set by lightning. Because of this history of periodic fires, many of Florida’s natural communities are adapted to burning. “Many plants and animals depend on and benefit from fire. Without fire, native plants and animals have a much harder time surviving in these habitats,” said Tritaik.”

“…Carefully planning and conducting managed burns can prevent the likelihood of catastrophic wildfires and help preserve the natural ecology of the area. Fire managers evaluate environmental conditions – including temperature, relative humidity, recent rainfalls, wind speed and direction and soil moisture – in order to determine the type of burn that can be conducted.

“…Prescribed fire burn plans have been approved by regional fire experts from the U.S. Fish and Wildlife Service (USFWS) and authorization will be obtained from the state of Florida immediately prior to conducting prescribed burns. The refuge will implement prescribed burning as soon as the property conditions are present. USFWS firefighters from the Southern Florida/Caribbean Fire District and other agency partners including the National Park Service and Florida Forest Service – will be conducting the burns along with assistance from local agencies, which include the Sanibel Police Department, Sanibel Fire & Rescue District, the City of Sanibel and Sanibel-Captiva Conservation Foundation.

“…”We’re not going to be burning more than one location at a time,” Tritaik assured residents attending the meeting.

“Prescribe burns have been conducted for many years at J.N. “Ding” Carling National Wildlife Refuge and have demonstrated to be a cost-effective tool for reducing the risk of serious wildfires. Due to difficulties in predicting weather, the refuge is not able to notify the public of the exact day the prescribed burn will be conducted. However, landowners adjacent to the burn areas and local fire departments will be notified as soon as conditions warrant the scheduling of a burn (usually 24 to 48 hours advanced notice).

“According to Supervisory Refuge Manager Toni Westland, burn managers and partners will staff an information booth at The Sanibel Recreation Center to answer questions before and during a prescribed burn….”

Reducing The Risk of Wildfires – As a homeowner, there are many things that you can do to reduce the wildfire risk around your home. Suggestions include:

  • Trimming dead palm fronds from trees.
  • Trimming any tall grasses near the home.
  • Pruning large, leafy hardwood trees so the lowest branches are 6 to 10 feet high.
  • Removing combustible materials such as gasoline containers, firewood and building supplies from being stored underneath or around the home.
  • Keeping mulch and other landscaping material well watered.”

Health Matters – What Should You Do? – On the day of a prescribed burn, people who may be negatively affected by health issues triggered by smoke should consider doing the following:

  • Stay indoors
  • Close your windows and turn on your air conditioning unit
  • Make sure you have all of your medications on hand (i.e., asthma inhalers, oxygen tanks, pills, etc.)
  • Bring your pets indoors
  • If possible, leave the island for the duration of the prescribed burn.”

The Sanibel School Seahorse Festival 2015

2015 seahorse festivalThe Sanibel School Seahorse Festival 2015 is coming up on Saturday, May 2 from 4 to 8 p.m. at The Dunes Golf & Tennis Club. Open to the public, adults are free, children $10, parking $5.

Come out and support the island’s blue ribbon school.

Family fun for a great cause. www.SanibelSchool.org

Sanibel & Captiva Multiple Listing Service Activity April 17-24 

Sanibel

CONDOS

4 new listings: Spanish Cay #F2 1/1 $274.9K (our listing), Captains Walk #F6 2/2 $319.9K, Ibis at The Sanctuary #A301 2/2 $463K, Sundial #O201 2/2 $699K (our listing).

1 price change: West Shore #3 3/3 now $1.749M.

8 new sales: Spanish Cay #A7 1/1 listed for $249.9K (our listing), Coquina Beach #4B 2/2 listed for $449K, Loggerhead Cay #353 2/2 listed for $499K (our listing), Mariner Pointe #421 2/2.5 townhome listed for $599K, Nutmeg Village #304 2/2 listed for $649.9K, Pelicans Roost #101 2/2 listed for $775K (our sale), Seascape #105 3/3 listed for $1.825M, Seascape #205 3/3 listed for $1.849M.

4 closed sales: Sundial #I301 1/1 $365K, Sanibel Siesta #105 2/2 $398K, Kings Crown #216 2/2 $899.5K, Kings Crown #101 2/2 $1.05M.

HOMES

5 new listings: 1065 Fish Crow Rd 2/2 $799K, 9470 Balsa Ct 3/3 $825K, 1041 Blue Heron Dr 3/2.5 $839K, 932 Whelk Dr 3/3 $1.55M, 1126 Harbour Cottage Ct 3/2 $1.695M.

4 price changes: 9012 Mockingbird Dr 3/2 now $579K, 1024 S Yachtsman Dr 3/2 duplex now $599.9K, 1710 Sand Pebble Way 3/2 now $679K, 1490 Middle Gulf Dr 3/4.5 now $1.695M.

5 new sales: 4109 Sanibel Captiva Rd 2/1 listed for $389K, 741 Nerita St 3/2 listed for $639.9K, 1842 Woodring Rd 3/3.5 listed for $1.998M, 4627 Rue Belle Mer 3/2.5 listed for $2.995M, 1204 Isabel Dr 3/3.5 listed for $3.795M.

5 closed sales: 581 East Rocks Dr 3/2 $378K (short sale), 1825 Ardsley Way 3/2 $480K, 728 Windlass Way 3/2 $615K, 1209 Sand Castle Rd 3/3 $730K, 401 Lagoon Dr 4/4 $845K, 3744 West Gulf Dr 4/4 $1.5M.

LOTS

1 new listing: 6411 Pine Ave $379.5K.

No price changes.

1 new sale: 643 East Rocks Dr listed for $335K.

2 closed sales: 1301 Par View Dr $207K, 9426 Sage Ct $212.5K.

Captiva

CONDOS

No new listings.

1 price change: Sunset Beach Villas #2337 2/2 now $710K.

1 new sale: Bayside Villas #5318 3/3 listed for $625K.

1 closed sale: Bayside Villas #5222 1/2 $312K.

HOMES

No new listings.

1 price change: 15009 Binder Dr 4/5.5 now $2.595M.

No price changes or new sales.

1 closed sale: 11491 Dickey Ln 4/4 $1.58M.

LOTS

Nothing to report.

This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

BEST WEEKEND WISHES TO ALL!

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