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We generally list from 10-15 single family homes as short sales on Sanibel and Captiva Islands and around 3-5 condominiums. Sanibel and Captiva have come down in value 20-30% and many a great deal can be made today. Our inventory is larger than it has ever been and one need not only look for a short sale here to make a great deal. Not many short sales on Sanibel are listed far below market price to entice you to buy. So the buyer is not restricted to short sales when looking to buy at an excellent price.
We experienced more sales during this season than the previous seasons, but we are not even close to the sales we used to have. Here I show you some short sales listings and their prices. As you can see, they are no bargains. One listed in the $3 million range. All List Prices shown here may have changed since this writing.
 
Sanibel $350,000 - Duplex - near beach Sanibel $369,900 - near beach
2 x 2BR 4 BR 1475 LA/2898 total
 
Sanibel west end - $499,000 Sanibel new beach - $499,000
3 BR 2298 LA / 4842 Total 3 BR 1455 LA / 3453 Total
 
Sanibel Canal Front - $625,000 Sanibel west end bayou - $649,000
3 BR 2381 LA / 5502 Total 3 BR 1950 LA / 2264 Total
 
Sanibel west end - canal - $679,000 Sanibel - Beachview CC Estates $6999,000
3 BR 1848 LA / 2654 Total 3 BR 2390 LA / 3978 Total
 
Sanibel - The Dunes - Lake - $749,900 Sanibel West End - Bayou - $899,000
3 BR 5839 LA / 9129 Total 3 BR 3297 LA / 4844 Total
 
Captiva - Bay side - $999,000 Sanibel - Gulf front - west - $3,249,000
4 BR 1280 LA / 2304 Total 3 BR 3661 LA / 6789 Total
 
Sanibel - Condo - west end - $299,000 Sanibel - Kings Crown - $744,900
2 BR 1280 LA / 1280 Total 2 BR - 1525 LA / 1566 Total
If interested in these islands, please contat me.
For more information please contact me.
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