Sanibel Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    NO DATA
  • Median Sales Price
    $700,000
    8% ( $52,500 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $576,000
    16% ( $78,000 ) vs Jul 2013
  • Foreclosures 31
    Homes for Sale 90
    Recently Sold 319

Market Summary

There are currently 31 properties in Sanibel, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 90.

In August, the number of properties that received a foreclosure filing in Sanibel, FL was 0% higher than the previous month and 400% higher than the same time last year.

Home sales for July 2014 were down 14% compared with the previous month, and down 29% compared with a year ago. The median sales price of a non-distressed home was $700,000. The median sales price of a foreclosure home was $576,000, or 18% lower than non-distressed home sales.

Sales Prices - Sanibel, FL




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$576,000 (Median Foreclosure Sales Price) $498,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $700,000 (Median Sales Price) $647,500 (Median Sales Price) $588,000 (Median Sales Price) $585,000 (Median Sales Price) $620,000 (Median Sales Price) $615,000 (Median Sales Price) $576,000 (Median Foreclosure Sales Price) $498,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $700,000 (Median Sales Price) $647,500 (Median Sales Price) $588,000 (Median Sales Price) $585,000 (Median Sales Price) $620,000 (Median Sales Price) $615,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naples
744
39.9
% (y-o-y)
$248,700
5.8
% (y-o-y)
31.6%
40.4
% (y-o-y)
Fort Myers
512
43.7
% (y-o-y)
$155,000
12.7
% (y-o-y)
34.5%
24.0
% (y-o-y)
Cape Coral
487
37.1
% (y-o-y)
$154,000
6.2
% (y-o-y)
22.5%
23.0
% (y-o-y)
Port Charlotte
286
10.0
% (y-o-y)
$107,200
7.2
% (y-o-y)
37.5%
30.0
% (y-o-y)
Lehigh Acres
212
46.7
% (y-o-y)
$94,900
14.3
% (y-o-y)
19.9%
17.3
% (y-o-y)
Bonita Springs
177
26.9
% (y-o-y)
$259,000
2.4
% (y-o-y)
40.2%
47.1
% (y-o-y)
Punta Gorda
152
16.9
% (y-o-y)
$156,000
0.6
% (y-o-y)
8.8%
20.4
% (y-o-y)
North Fort Myers
110
21.4
% (y-o-y)
$72,250
26.6
% (y-o-y)
Data not available
Estero
87
22.3
% (y-o-y)
$218,250
0.8
% (y-o-y)
3.7%
14.6
% (y-o-y)
Englewood
84
16.8
% (y-o-y)
$130,000
8.3
% (y-o-y)
20.0%
40.6
% (y-o-y)

Local Info For Sanibel

Population:
6,622
Cost of Living Index: 152.62
Crime Index: 17.46     Rating: A View crime details
Schools: 1    Average School Rating: A+ View individual school rating
Household Median Income: $87,926
Unemployment: 6.60%
Percentage of vacant homes: 58.05%