Sanibel Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $799,000
    0% ( $0 ) vs Mar 2015
  • Median Sales Price
    $647,000
    1% ( $8,000 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $387,500
    0% ( $0 ) vs Mar 2015
  • Foreclosures 18
    Homes for Sale 302
    Recently Sold 202

Market Summary

There are currently 18 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 302.

In April, the number of properties that received a foreclosure filing in Sanibel, FL was 0% higher than the previous month and 100% higher than the same time last year.

Home sales for March 2016 were up 32% compared with the previous month, and up 371% compared with a year ago. The median sales price of a non-distressed home was $647,000. The median sales price of a foreclosure home was $387,500, or 40% lower than non-distressed home sales.

Sales Prices - Sanibel, FL




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$387,500 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $378,600 (Median Foreclosure Sales Price) $378,600 (Median Foreclosure Sales Price) $647,000 (Median Sales Price) $639,000 (Median Sales Price) $639,000 (Median Sales Price) $675,000 (Median Sales Price) $677,500 (Median Sales Price) $0 (Median Sales Price) $387,500 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $378,600 (Median Foreclosure Sales Price) $378,600 (Median Foreclosure Sales Price) $647,000 (Median Sales Price) $639,000 (Median Sales Price) $639,000 (Median Sales Price) $675,000 (Median Sales Price) $677,500 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naples
984
182.8
% (y-o-y)
$283,250
6.9
% (y-o-y)
31.5%
36.5
% (y-o-y)
Fort Myers
804
212.8
% (y-o-y)
$172,000
14.7
% (y-o-y)
23.1%
28.9
% (y-o-y)
Cape Coral
570
179.4
% (y-o-y)
$180,039
16.9
% (y-o-y)
19.4%
18.8
% (y-o-y)
Lehigh Acres
285
161.5
% (y-o-y)
$128,500
35.3
% (y-o-y)
19.8%
14.2
% (y-o-y)
Bonita Springs
215
252.5
% (y-o-y)
$268,000
15.3
% (y-o-y)
32.6%
22.3
% (y-o-y)
North Fort Myers
150
226.1
% (y-o-y)
$96,000
29.3
% (y-o-y)
18.2%
32.5
% (y-o-y)
Estero
117
408.7
% (y-o-y)
$255,000
6.9
% (y-o-y)
Data not available
Port Charlotte
86
60.7
% (y-o-y)
$125,500
14.1
% (y-o-y)
25.0%
36.0
% (y-o-y)
Englewood
79
17.7
% (y-o-y)
$154,000
16.1
% (y-o-y)
33.2%
44.1
% (y-o-y)
Fort Myers Beach
51
200.0
% (y-o-y)
$340,000
0.4
% (y-o-y)
20.6%
0.0
% (y-o-y)

Local Info For Sanibel

Population:
6,622
Cost of Living Index: 152.62
Crime Index: 17.12     Rating: A View crime details
Schools: 1    Average School Rating: A+ View individual school rating
Household Median Income: $87,926
Unemployment: 4.30%
Percentage of vacant homes: 58.05%

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