Sanibel Island Real Estate Info: Baby boomers delay selling, but desire second homes

CHICAGO – Oct. 13, 2011 – The fragile economy is causing more baby boomers to delay selling their homes, even though they want to, according to a new survey from Coldwell Banker Real Estate, which surveyed about 1,300 agents to gauge home selling and buying behavior among the baby boomer generation. read full article here

Sanibel Real Estate - Home listing prices rising in Florida

Florida cities have had the largest year-over-year increases in average list prices, according to the latest real estate data from Realtor.com. Based on August data of 2.2 million listings in 146 markets, Florida cities make up nine of the top 10 places for highest year-over-year list price spikes.

Nationwide, the average list price is $320,325, up 2.36 percent year-over-year.

Here are the top 15 cities boasting the highest percentage of year-over-year increases in average list prices.

Sanibel Island Real Estate Information: Economic growth is small but welcome

McLEAN, Va. – Sept. 30, 2011 – After a steady stream of confidence-sapping news, investors and consumers welcomed slightly more upbeat data Thursday that suggest that the economy, while sluggish, is still in growth mode. read full article here . . .

Sanibel Island Real Estate: Residential Sales Sanibel 3rd Quarter vs. 3rd Quarter 2010

 Residential Sales  Sanibel            3^rd Quarter vs.     3^rd Quarter 2010

 # sales                                               40 sales  vs. 21                 ↑90%

 Average price                                  $891,892  vs.  $629,595    ↑42%

Sales Volume                                     35.7 million to 13.2             ↑170%

Million Dollar Sales                                10 vs.  2                     ↑400%

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Jay Richter

Managing Broker

John R. Wood, Island Real Estate, Inc

1019 Periwinkle Way Sanibel, FL. 33957

239-472-2411