The Carretta Report

Sanibel & Captiva Real Estate Market Update for Week Ending August 27, 2010

Closed Sales:

2582 Wulfert Rd $557,500

3987 Coquina Dr $494,000

710 Donax St $380,000

6141 Henderson St $417,000

Average List to Sale Ratio was 94%

New Glenn's Guide for Buying & Selling Sanibel & Captiva Available.

Click here to order you free copy

Have A Great Week!

Glenn

Sanibel & Captiva Island Real Estate Market Update
7/22 - 8/9
Great Home . . . Great New Price $688,500
Beachview?s Best Value-George Parker Remodel in 2006,3/3 + sunny pool overlooking golf course. Huge storage , 3 split plan includes a mother in law suite with privacy. Lots of windows and good sunlight. Vaulted ceiling, everything close to new inside. Color and draperies robb and stucky designer choices. 23? long fabulous eat in kitchen?Approximately 2400 square footage of living?this is the one you want to see..many upgrades- lighting ? electric hurricane shutters-laundry room- big closets- new carpets- colorful gardens! Pride of Ownership

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

1105 Skiff Place   $364,000

2582 Wulfert Rd    $557,500

303 Palm Lake Dr   $550,000

Pointe Santo C-4   $399,000

Sundial T304   $599,000

Heron at the Sanctuary $590,000

Sunset Beach Villas on Captiva $840,000

Interesting to see more contingent sales now directly corresponding to the oil fix timeline, so the next few weeks should see increase in amount of sales.

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

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

Best to you!

Glenn

Market update for
7/14-7/21
slow summer ...lazy days... calls coming in looking for information on properties..but buyers coming in closer to fall.
closed sales this week:
1047 Blue Heron Dr. 510k
sunset south 4 D 615k
sundial r204 $640k

A PAY ATTENTION PRICE!
Just reduced home in kinzie island which is 5/5 plus pool on canal
beach cabana..f/p private elevator..amazing home NOW $1,650,000.

Have a great week!
-Glenn

Weather is fabulous with bright blue skies and a little balmy breeze..
Beaches are clean !
sales brisk for a summer week.
Kinzie island Villa A $ 1,850,000 . Sold before it hit mls.
4 bedroom east end with best views on the island.
A canal home on Kings crown- $1,300,000- that sold before it hit the
open mls market also...
8995 Mockingbird- $ 525,000
5735 PIne Tree Drive $ 920,000

vacant land on West Gulf Drive ( 4318 West Gulf ) $ 600,000
F5 Spanish cay $330,00
sundial J204 $ 515,000
Sanibel Surfside   # 127
Have a great week

Happy July 4th. ..It has been hot with some rain in the afternoons.Its our hottest time of year..it did not put any damper on the amount of visitors to the island though..compared to inland florida we are "cool" and this past weekend sanibel arms west was at 100% capacity, while it seemed to me as i drove by other condominiums near by ( sandalfoot and sanibel arms ) enjoyed 50%- 75% capacity.
The annual parade was a big success and a local rental agency donated 15k to pay for the Dunes fireworks so that was a go. Rebecca went with her kids....waiting to hear her report today.
Recent closings were: Homes
2401 Shop Road $ 190,000
1245 Anhinga         $ 475,000
721 Durion              $525,000
1329 Eagle Run Drive $945,000
2723 Coconut Drive $ 1,000,000
1765 Venus Dr. $ 1,350,000
16183 Captiva Drive $2,500,000
4767 Tradewinds $1,295,000

Condos closed
sandpebble 3d $325,000
Lighthouse Point 123 $ 486.000
Sundial 1204 $ 515,000
Kings Crown 108 525,000
Gulf Beach 106 $660,000
Looking at those numbers...with interest rates down to an all time low..( under 4% with adjustable rate ), there has never been a better time to make sanibel your home, second home , or investment property.!
Have a great week!
Glenn

it's Tuesday 6/22/10
Historically the past 10 days are the island's slowest sales period and this year no exception.
from 6/12- 61/22 the Island had 8 closings..half in cash.
they were:
2401 Shop Rd. $190,000
848 Limpet Dr. $1,062,000
11312 Eagle Run   ( lot in beachview ) $ 210,000
Captiva Estate Gulf Front lot 16250 Captiva Drive $ 2.800,000
Sandpebble 3D $325,000
Loggerhead # 331 $350,000
Coquina Beach 1B $410,000
*** More vacationers are here than last year...several of the condos were booked last week. Amazing for JUne.
The beaches are lovely and the afternoon rain cools off the sand for good evening walks.
Have a wonderful week..and be back next week.
Glenn

Sales activity and quick check of market conditions 6/12/10
Good day! It Sunday morn and time to check the real estate market conditions and sales. These sales have been from 6/01/10- 6/12/10
Homes-
513 Rabbit Road $425,000
1627 Sandcastle rd $420,000 ( Duplex )
682 Sea Oats Dr. $482,500- ( no room for a pool )
9091 Mockingbird Dr.   $ 515,000
6016 White Heron $860,000
2287 Starfish Lane ( butterknife ) $999,000
1870 Woodring Rd. $ $1,950,000
Vacant Land
9023 Mockingbird $310,000
1326 Seaspray Lane $480,000
Condos closed
spanish cay E-3 $295,000
Sanibel Moorings 642 $385,000
Coquina Beach 1 B $410,000
Compass Point 211 $445,000
Pointe Santo D-37 $675,000
Beach Villas gulf front $ 780,000
Comparing condo sales in 2009 vs 2010 for the same 5 1/2 months
1/1/09- 6/12/09
more than 2x the amount of condos have closed this year to date.33 in 09 vs 69 in 2010

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

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

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

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

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

There are some great buying opportunities such as:

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

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

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

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

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

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

Glenn

Sales activity may 20- June 1
1282 parview drive $585,000
653 East Rocks $667,000
1006 Spanish Laurl Ln. $650,000
509 lagoon $660,000 1419 Albatross $725,000
1314 Albatross $725,000
1314 par View $1020000
1356 Eagle Run Drive $1,200,000

vacant land closing
1316 par View Drive $320,000
Condos sold past 10 days
sanibel arms A5 $300,000 2/1 - across street from gulf )
Sanibel Arms B5 $275,000 ( one bedroom )
Donax Village 18 $325,000
Seawind A101 $450,000
Signal Inn 11 $467,500
Sanibel Arms $ 470,000
Heron at the Sactuary
Busy weekend on island..alot of condos were 100% booked.
beaches beautiful and we now enter our warmest month- june..
have a good week and be back next week..
glenn
Sales May 10- May 20
6126 Castaways Lane $535,000
1836 long point ln $ 620,000
526 N. Yachtsman $630,000
682 Pyrula $1,200,000
11520 Andy Ross Lane 1,450,000
4709 Rue belle Mer $ 2,000,000
4099West Gulf Drive $3,275,000
Condos closed during this 10 day period
sanibel arms one bedroom $275,000
seashells of sanibel # 25 $309,000
Donzx Village # 14 $ 325,000
Mariner Pointe 631 # 475,000
Sunward of Sanibel 102 $ 740,000
Compass Point $ 850,000
Chelsea Place # 1 $ 1,700,000
keep in mind the above transactions would have gone under contract
approximately 30-60 days ago ( or mid - late March ..our busiest time.)
It is sunny and lovely here...going to Jerrys for a late afternoon Salad..
Have a good week.
Sanibel is monitoring the oil situation of course. Historically if anyone can deal with issues it the Sanibel Govt. .
Best!
Glenn

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

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

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

April 1-15
All categories of properties
New listings # 21
Contingent sales # 13
Closed sales #22
Home stats:
Residential homes sold this month had a average of 94% l/sale ratio.
that means ..the properties selling are the properties priced right as historically our l/s ratio has run between 94-96% in the past decade.
the average days on market were 173 average price sold the first 15 days were $668,000
Condominium stats:
average price $510,000
average days on market 447
List to sale ratio 90%
condo sales outsold home sales this month so far over 2:1, but price obviously was a factor in buyer motivation.
next month will be very interesting ..price stats will be up significantely
as there are many high end homes and condos under contract.
Have a good week-
glenn
March Stats are in
6 lot sales - including a Captiva Gulf front lot for $3 Million +
17 homes newly under contract (1/2 for cash) . . . West Gulf drive home under $4 Million now under contract
29 - 1 & 2 bedroom condos newly under contract.
3 bedroom condos under contract are:
Gulf side Place $1,9999
Pointe Santo $1,399,000
Somerset at the Reef 1.2
Check back with us next week for more updates!
Best,
Glenn
Good Market News march 2010
February this year was the beginning of our market stabilizing.
We have all been waiting patiently for the market to rebound and though sales of
homes have increased in volumn 45% as compared to the same period in 2009, the big surprise has been the rebound in sales acitivity in the condo market.
Sanibel and Captiva have seen a 60% increase in the amount of condo activity the first 83 days of 2010 as compared with last year's dismal sales reports for the same period. Our office has seen our best month ever reaching 30 sales as of 3/23 and we have 8 days to go for our final count! We are hopefull and relieved...the gloom seems to be over.
However, I dont see a rapid increase in the sales prices. That will take time. A normal pattern reminiscent of the sales on the island in the 80's nd 90's will again occur. Buying on the Island was a life choice 30 years ago and it is once again the new motivation.
We will enjoy a communtiy of owners who live here a majority of the year who are involved in making the communtiy a better place to live and enjoy family.
Price appreciation will be slow and steady...not volcanic as it was since 2003. Appreciation will once again be defined as " a deep appreciation of the Island" Owners will appreciate their memories and appreciate the founding fathers and mothers of the island who fought the county to preserve the Island in the 70's.As our inventory of properties is reduced, we will be back to the pace of 1-3%appreciation once again.
With steady growth comes a new buyer profile. The Number 1 goal of the buyer of 2010 is to improve their own life story.   Maybe that is what value is all about.
app

Sales activity 3/10- 3/19
Sundial S 401 under contract $574,000
Sanibel Surfside unit # 235 $690,000
2 commerical properties under contract:
the shell shop at 1025 Periwinkle way $749k
2365 Periwinkle way $800,000
new pendings - homes
15017 Binder Drive
2287 Butterknife $999,000
Vacant Land
413 Tiree $299,900
629 lake urex circle $ 329,000
Not as busy as we would like. Fort Myers/ Bonita had several 4+ miilion sales for luxury homes.. However, .still an abundant short sales contingent as well as low end homes selling..condos...begin as low as 40k in fort myers....
Interest rates remain low, some condos have reduced, and there are adjusted home prices ...a good time to begin a sanibel life style.
have a good week...
glenn
Sales & Activity for 3/1/10 - 3/8/10
Closed Sales:
493 Lake Murex Cir   $557,500
759 Sand Dollar Dr   $700,000
819 Tulip Ln    $1,300,000
Pending Sales:
250 Palm Lake Dr $599,000
2275 Starfish Ln    $899,900
4207 Gulf Pines Dr $979,000
3212 Twin Lakes Ln (vacant land) $419,900
5383 Shearwater Ln (vacant land) $595,000

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

Sales and activy for past 10 days Feb 21- March 1
1409 Causy Court $ 447,000
748 Rabbit Road $ 480,000
4654 Rue Bayou $ 479,000
3731 Agate Court $ 680,000
6014 White Heron Lane $1,150,000
Sanctuary Golf Villas $ 450,000
Sunset Beach Villas $ 675,000
Lighthouse point ( bay front ) # 226 $ 715,000
Pointe Santo A36 $ 915,000
Pending and contingent ...not yet closed..this is their asking price.
16298 Captiva Drive $ 3,650,000
beachcomber # C102 $ 1,495,000
Sandpebble 2E $ 349,000
4215 Old Banyon Drive $650,000
sanibel inn $499,000
seawind # 107 $ 499,000
sanibel inn 3513 $559,000
simset spitj 3C $ 649,000
Sandpointe # 215   $ 659,000
!!!!!!!Sales for first 2 months on Island are as follows:
Condo sals up 14%
home sales activity up 24%...more info ..e-mail me for 3/1/10 newsletter!
Sales and the weather----
first ...weather..if you are up North today..yes the 18th of Feb is the first warm day ( over 70 degrees )..we have had on island in a long time...How long can I wear jeans and my one sweater...thank goodness it has changed back to near normal today.
new sales were equally divided between homes ( #8 ), and Condos ( # 8 ) since the 4th of Feb. We are getting the " feeling in the air " that we have bottomed out and alot of the showings and sales in the past 2 weeks were with lower end properties ..and now they are running short.    New pending sales are:
753 Cardium ( duplex ) $399k- ( short sale )
470 Lake Murex Circle   $449,000
1574 Sandcastle              $ 559,000
1838 Long Point Lane     $ 649,000
6192 Henderson               $ 649,000
1554 Sandcstle                 $995,000
1842 Woodring                 $2,599,000
Donax Village #7                $ 350,000
Sanctuary Golf Village        $450,000
Sanibel Inn                          $495,000
Sunset South 3A                 $ 507,000
Mariner Pointe 321              $ 509,000
Sunset Beach Villas             $ 649,000
Sanctuary Golf Villages        $749,000
oceans Reach 2D3                 $ 875,000
1/24/10- 2/4/10
Its cold and rainy up North..We have sun which we love to share:
Sales activity this period :
Homes:
1582 Sandcastle road $625,000
1501 Sandcastle road $ 624,900
3731 Agate Court $799,000
11535 captiva Lane $999,999
16238 Captiva Driove $5,190.000
Condos
433 Loggerhead Cay $477,000
Pointe Santo C-22 $599,000
Lighthouse Point 226 $ 759.957
Sunset Captiva Condo 204 $ 1,200,000
These are the prices the properties were asking...in 30-45 days we will announce what the selling price was when closed.
thanks and have a great week!
Glenn

Open houses this week 1/20- 1/27 saw increase in interest and questions. The real estate market here on the island as well as fort myers in certain areas seem to have bottomed out. Select residential areas in fort myers and value markets on sanibel are actually hot and turning the corner a little bit to I may add...not really quite a seller's market in those areas...but a seller advantage in those areas...
1/10/10-1/20/10
A busy week.
Gulf front home went under contract 4039 West Gulf Dr. asking price$ 3,495,000!
Gulf front condo at Point santo ..were asking $ 999,000
Sandpiper Beach #206 $ 629,000
Contingent condos:
seashells 3d $269k
Collanaades C11 $195,000
Tennis Villa $280,000
Bayside villa $ 295,000
lighthouse Point 123 $ 510,000
Villa Sanibel $539,000
HOmes under contract ..not yet closed ..this is their asking price
961 Sandcastle rd $ 525,000
759 Sand dollar dr $768,000
819 Birdie View $1,145,000
493 Lake Murex Cir $587,000
250 Palm Lake Drive $ 599,000
2449 harbour Lane $999,000
2 Lots closed at Beachview
1287 par View $ 199,000
819 Pyrula $360,000
Notable homes closed.
9067 Mockingbird $575,00
682 Kinzie Island Ct. $1,387,500
561 Lighthouse Way $1,400,000
A quick start to the New Year with the following sales pending or
contingent from 1/1/10- 1/11/10
9067 Mockingbird $649,000
819 Birdie View $ 1,145,000
6014 White Heron $ 1,295,000
561 Lighthouse Way $ 1,695,000
1409 Causey Ct. $ 499,000
748 Rabbit $ 539,000
493 lake Murex Circle $ 587,500
284 Ferry lanidng Dr. $895,000
520 N. Yachtsman $995,000
Condos
Blind Pass C101 $398,500
Island Beach Club $ $ 449,000
bayside Villa $295,000
Blind Pass F-111 $459,555
Lighthouse Point $ 510,000
Villa Sanibel 2H $539,000
Trends and growth for 2010 - Happy New Year!
The true beauty of Sanibel is that it is one of those places that is familar. It doesnt surprise you. It's not ordinary,but it stays the same. Visitors can come back and know what they are coming back to. Locals also enjoy the expected, not the unexpected. It is an enviornment which works and continues to evolve but keeps it sameness and draws a constant tranquil bath.
Homes- great year to purchase- Interest rates are at a 60 year low, and we are at the bottom...Though not expected to make a sharp V turn upward..we made it to the bottom and are now resting for awhile..We are hearing some good stories from some of our Mid- Western customers that home sales are up and some buyers are getting ready to move down. It's the domino effect.
Condominiums- Now more than ever if you own a condominium or are thinking of a purchase it is important to be involved with marketing your property..it can mean 7-$10,000 more income per year. Go to Craig's List, Go to VRBO- join
* This is a summary of page # 21 Trends and Growth " Glenn's Guide" which is in print now and will be available 2010 edition by Jan 30th. E-mail me for a 77 page copy.
Dec 28- jan 2-
there are less bike riders now and the sidewalks are near-clear at 8 P.M.
When a week ago, it was packed with families having fun and getting some exercise day and night in the warm sun. Though it is a cool 60 degrees here it gives us all a chance to wear Aunties Sweater she knit us a few Birthdays ago....daytime high close to 68 degrees about 60 degrees warmer than Chicago.
Showing activity brisk this week- will see what turns into sales. Closed the last week of 2009 were:
Homes # 546 East Rocks $540,000
1149 Paper Fig ( Canal frontage ) $ 1.700,000
4115 West Gulf Drive- tiny cottage on nice lot $ 2,000,000.
Condos
Blind Pass C206 $ 350,000
Kings Crown # 315 $ 730,000
have a very happy new year!
Glenn
Dec 14 - Dec 28
Closed Sales:
1417 Sandpiper Cir   $340,000
996 Greenwood ct $380,000
934 Cormorant Cir   $483,000
591 Boulder Dr $510,000
1100 White Ibis Dr $625,000
16706 Captiva Dr $4,143,750
Lighthouse Pt #221 $400,000
Pine Cove #304 $900,000
By the Sea #301 $1,219,000
Happy New Year!
-Glenn
Dec 4- Dec 13
New sales
  Junonia 203 $ 999,999
Captiva Shores 7a 999,500
Kings Crown 799,000

16706 Captiva Drive $ 4,750,000

546 East Rocks $599,000

366 lake Murex Blvd. $579,000

480 Peachtree- sold over 400k a foreclosure..there were 8 offers..needed work.

sunny and wonderful today..80 degrees ...walked a mile on the beach with my dog maggie may..

have a great sunday and if you are in town..stop by my open house at sanibel arms west.

M1- $ 427,000.

These sales are through all of mls...a few of my friends thought they were all mine...no..I wish..but no.

glenn

Novmber 14- November 21, 2009
It was a great week..busy sales ..here they are:

22 pending or contingent

Homes Now Pending and Contingent
1417 Sandpiper Circle $ 385,000
1859 Farm Trail $ 568,000
4339 Gulf Pines   $ 595,000
759 Sand dollar   $768,000
821 Lindgren       $995,000
1550 Angel Dr. $ 999,000
2521 Tropical Way Ct. $ 1,495,000
1149 paper Fig                 $ 1,995,000
4115 West Gulf Drive       $ 2,795,000
11551 Wightman Lane     4 3,495,000

996 Greenwood Ct. $ 456,000
1100 White Ibis           $ 685,000
509 Lagoon                  $ 725,000
682 Kinzie Island         $1,495,000

Commerical
1101 Periwinkle Way

Condos

A1 Sanibel Arms   $374,000
9A Sunset South $389,983
B-104 Sanddollar $999,000
7A Captiva Shores   $999,500
304 Pine Cove $ 1,200,000
330A Island Beach Club $449,000

Weather still cool - windows open- no air..beach sunrises have been fabulous-
sunsets always good too.
Tarpon Beach got new living room furniture...place looks amazing..
gulf front vaulted ceiling.dogs0k for owners..
Price is a very fair $Mid $700's.
unit 110
Lots of showings at sanibel arms west this week.
one offer, and one thinking about M1....
The gulf front unit F2 has an income in excess of $50,0000
have a wonderful week-
glenn

New Pendings past 8 days!     Asking Price
591 Boulder Drive                   $ 549,000
4339 Gulf pines Drive            $595,000
1550 Angel Drive                     $ 999,000
Sanibel Arms West A1           $415,500
lighthouse point                      $429,000
Sanibel Moorings # 1522       $ 400,00 firm ( canal side )
2 lots went under contract.
( par view and farm trail )

It's a beautiful Sunday and temperature 78 degrees.just spoke to my sister in colorado and she was about to go out and shovel snow..
If you would like more information on sanibel or captiva islands ..e-mail me..If you have never been here before..check out my videos on line...if you would like to come this winter let me know and I will recommend a few places to stay which would fit your needs.

Take care and good day!
Glenn

Oct 30- Nov 6

It's a great day on sanibel-

This is the first day the wind is cool and no a/c needed! The wind is blowing the curtains..
increased showing of my listiings and increased interest.
Closed sales this week include:

169 southwinds drive $ 585,000
1095 S. yachtsman dr   $ 755,000
691 Cardium st. $880,000
1503 angel drive $905,000
2755 Wulfert rd    $880,000
Tennis place E23 $275,000
sanibel arms west k-7 $ $498,500
sanibel sunset 101   $ 1,150,000

Contingent condos
Moonshadows 1A $899,000
West shore unit #2 $1,795,000
Contingent homes

366 lake Murex blvd $579,000
9037 Mockingbird $644,000
1245 Par View $869,000

Oct 22- Oct 30
Closings
# 566 South Yachtsman $800,000
691 Cardium st. $880.000
Lighthouse Point # 227 $ 641,500

Contingent/pending

By the sea # 301 $ 1,219,000
934 Comorant Circle $ 549,000
2521 Tropical Way Ct. $ 1,495,000
Sanibel Arms West L-3
* noted at mls meeting thursday..
gulf front sandalfoot is now under contract..asking price was $ 795,000

Showings have picked up ..though traffic on island still seems like off season..I believe this weekend coming up all that will change..have a really good week.
glenn

Oct 15- Oct22
New and exciting listings!
                              Great new near beach listing $ 549,000- 4/3 pool- 4 homes to beach
591 Bouder drive
534 Piedmont Road- 3/2 1/2 courtyard home mint $ 439,000- coming soon...3/4 mile to beach

This was a busy week for condos
under contract were:
sanibel sunset $ 1,295,000
Oceans reach 3d4 $915,500
Blind Pass 389,000
Breakers west $ 499,000
Loggerhead Cay 274 $589,000

Homes contingent this week
537 Lake Murex Circle $795,000
6012 White Heron $995,000
689 East rocks drive $665,000
2521 Tropical way ct. $ 1,495,000

Lot
1813 Farm Trail $ 289,000


On the shore this morning I watched 2 small boats of fisherman throw their nets.
It was still dark, and their figures were highlighted by the lights from the east of fort myers beach. I wondered if they caught anything..
My dog made me run..the sun was rising.... ( gosh..this sounds like a Movie plot )
Have a great week.
Glenn

Oct 6- Oct 14

Hearing about 9 degree weather from my family in montana it is hard to believe we are on the same planet..here on the islands we are at 93 degrees and longing for 88 degrees..
We do have a promise of a cool front coming in this coming Sunday which should make Oct 20th the day we will begin our fall weather.

Beach walks- My mid- Island beach walks are becoming more populated. I saw 3 people this morning at 6:45 along with a friendly dog, a crab and a sun glow. The sun was a brilliant orange and I still gasp when I reach the end of the walkway and reach sand and look to my left..

Real Estate news and sales

closed sales this week
1376 Jamacia Dr. $392,000
1153 Sabal St.        $440,000
4389 Gulf Pines Drive $450,000
all were 2/2 homes

611 N. Yachtsman 3/2 $645,000

Contingent sales
beach Villa 2/2 unit # 2428 $650,000
Seabreeze 1253 $ 1,695,000

I am going to make sunset tonight so have to run. Each day is a gift on sanibel, I try to appreciate it entirely.
Have a good week-
Glenn

Oct 1- Oct 6 ,2009

Home closings:

9476 Balsa Ct. $445,000- l/sale ratio 100%
9417 Kava Ct. $487,000   //s ratio           91%
1380 Jamaica Drive $550,000  list/sale ratio 91%
1932 Woodring ( Bay view ) $ 1,325,000
Closed condos
Bayside Villa   # 5307    $535,000 l/s 100%
Sanctuary Golf Villages unit # 3 $575,000
Mariner Pointe # 1011 $406,000
Contingent homes
691 Cardium St. $989,000

Contingent condos
Tennis Villa 3122
2 Beach Villas 2428, and 2537

Season is coming....Our location is so wonderful here at 1019 Periwinkle Way...we have had several walk-in prospects this week resulting in showing properties.
Interest rates remain very low and the mood is of " great anticipation"...we expect a good season . See you next week
From my window looking out over bouganvilla and palms...all looks good from here. I am very lucky.

glenn

Sept 23- Sept 30

Pending and contingent properties this week were:
1684 Bunting Lane listed at $459,000 ( 2/2)
1058 fish Crow Rd. $499,000
Beach Villas $650,000
Shell Island Beach Club $ 725,000
Out Team is preparing our marketing program for the season. If you are interested in speaking with us regarding our marketing, please e-mail me or phone to discuss how we can help you succeed. ( glennc@coconet.com). If you are a buyer and thinking now is the time to purchase why not work with glenn..(.over 28 years of Island Real Estate Sales experience)...I know the aswers to your questions. Direct line 239-395-3100.
Weather- expect a break this week with cooler weather coming in.. Beaches are pretty now
and there are no people on the beach for sunset or sunrise....can you imagine anything more wonderful than a deserted beach...we are very very fortunate.

Have a good week!
Glenn

Sept 13-Sept 23

Closed homes
438 Lake Murex Circle $379,000
4221 Old Banyon Way $550,000
1027 Kings Crown Dr. $635,000

Closed condominums
Compass Point $450,000
Beach Villas $595,000

9 Contingent homes
1376 Jamica Dr. $419,000
9428 Moonlight $ 469,000
1153 Sabal St.     $ 475,000

Pending or contingent new this week
5786 Sanibel- Captiva Road $578,000
9417 Kava Court                    $499,000
1501 Sandcastle Rd               $749,000
537 Lake Murex Cir                $795,000
Seabreeze at Sout Seas Plantation $ 1,995,000
Year to date sales on Sanibel:
All condo
175,000- $ 3,200,000 # 64. Average price $705,000
All homes
$335,000- $3,900,000 # 113 Average price $ 790,000
Looking for a rental condominium for 09/2010 e-mail me
I have friends, clients and knowledge about all Island condos
glennc@coconet.com
In spite of the Summer visitors down in most of Lee and Collier Counties..Sanibel has seen a rise this Summer...Proving we are unique
once more!
Summer sunsets come in different shades of pink ...Walking West Gulf Drive Beaches last night I just thought How lucky I am.
Have a good week-
Take Care-
Glenn5786 Sanibel- Captiva Road $578,0009417 Kava Court                    $499,0001501 Sandcastle Rd               $749,000537 Lake Murex Cir                $795,000Seabreeze at Sout Seas Plantation $ 1,995,000175,000- $ 3,200,000 # 64. Average price $705,000 $335,000- $3,900,000 # 113 Average price $ 790,000Looking for a rental condominium for 09/2010 e-mail meI have friends, clients and knowledge about all Island condosglennc@coconet.comIn spite of the Summer visitors down in most of Lee and Collier Counties..Sanibel has seen a rise this Summer...Proving we are uniqueonce more!Summer sunsets come in different shades of pink ...Walking West Gulf Drive Beaches last night I just thought How lucky I am.Have a good week-Take Care-GlennAug 15- Aug 21 week1564 Wilton Lane $ 357,500519 Kinzie Island Ct. $ 1,080,0003835 West Gulf Drive $ $ 2,300,0005786 Sanibel- Captiva Road $578,0009417 Kava Court                    $499,0001501 Sandcastle Rd               $749,000537 Lake Murex Cir                $795,000Seabreeze at Sout Seas Plantation $ 1,995,000175,000- $ 3,200,000 # 64. Average price $705,000 $335,000- $3,900,000 # 113 Average price $ 790,000Looking for a rental condominium for 09/2010 e-mail meI have friends, clients and knowledge about all Island condosglennc@coconet.comIn spite of the Summer visitors down in most of Lee and Collier Counties..Sanibel has seen a rise this Summer...Proving we are uniqueonce more!Summer sunsets come in different shades of pink ...Walking West Gulf Drive Beaches last night I just thought How lucky I am.Have a good week-Take Care-Glenn

5786 Sanibel- Captiva Road $578,0009417 Kava Court $499,0001501 Sandcastle Rd $749,000537 Lake Murex Cir $795,000Seabreeze at Sout Seas Plantation $ 1,995,000175,000- $ 3,200,000 # 64. Average price $705,000 $335,000- $3,900,000 # 113 Average price $ 790,000Looking for a rental condominium for 09/2010 e-mail meI have friends, clients and knowledge about all Island condosglennc@coconet.comIn spite of the Summer visitors down in most of Lee and Collier Counties..Sanibel has seen a rise this Summer...Proving we are uniqueonce more!Summer sunsets come in different shades of pink ...Walking West Gulf Drive Beaches last night I just thought How lucky I am.Have a good week-Take Care-GlennAug 15- Aug 21 week1564 Wilton Lane $ 357,500519 Kinzie Island Ct. $ 1,080,0003835 West Gulf Drive $ $ 2,300,0005786 Sanibel- Captiva Road $578,0009417 Kava Court $499,0001501 Sandcastle Rd $749,000537 Lake Murex Cir $795,000Seabreeze at Sout Seas Plantation $ 1,995,000175,000- $ 3,200,000 # 64. Average price $705,000 $335,000- $3,900,000 # 113 Average price $ 790,000Looking for a rental condominium for 09/2010 e-mail meI have friends, clients and knowledge about all Island condosglennc@coconet.comIn spite of the Summer visitors down in most of Lee and Collier Counties..Sanibel has seen a rise this Summer...Proving we are uniqueonce more!Summer sunsets come in different shades of pink ...Walking West Gulf Drive Beaches last night I just thought How lucky I am.Have a good week-Take Care-Glenn

Aug 15- Aug 21 week1564 Wilton Lane $ 357,500519 Kinzie Island Ct. $ 1,080,0003835 West Gulf Drive $ $ 2,300,0005786 Sanibel- Captiva Road $578,0009417 Kava Court $499,0001501 Sandcastle Rd $749,000537 Lake Murex Cir $795,000Seabreeze at Sout Seas Plantation $ 1,995,000175,000- $ 3,200,000 # 64. Average price $705,000 $335,000- $3,900,000 # 113 Average price $ 790,000Looking for a rental condominium for 09/2010 e-mail meI have friends, clients and knowledge about all Island condosglennc@coconet.comIn spite of the Summer visitors down in most of Lee and Collier Counties..Sanibel has seen a rise this Summer...Proving we are uniqueonce more!Summer sunsets come in different shades of pink ...Walking West Gulf Drive Beaches last night I just thought How lucky I am.Have a good week-Take Care-Glenn