Sanibel Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $795,000
    3% ( $26,000 ) vs May 2014
  • Median Sales Price
    $775,000
    13% ( $91,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $209,400
    45% ( $168,600 ) vs May 2014
  • Foreclosures 22
    Homes for Sale 233
    Recently Sold 88

Market Summary

There are currently 22 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 233.

In June, the number of properties that received a foreclosure filing in Sanibel, FL was 50% lower than the previous month and 0% higher than the same time last year.

Home sales for May 2015 were up 225% compared with the previous month, and down 49% compared with a year ago. The median sales price of a non-distressed home was $775,000. The median sales price of a foreclosure home was $209,400, or 73% lower than non-distressed home sales.

Sales Prices - Sanibel, FL




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$209,400 (Median Foreclosure Sales Price) $378,000 (Median Foreclosure Sales Price) $364,700 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $775,000 (Median Sales Price) $684,000 (Median Sales Price) $598,000 (Median Sales Price) $585,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $209,400 (Median Foreclosure Sales Price) $378,000 (Median Foreclosure Sales Price) $364,700 (Median Foreclosure Sales Price) $350,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $775,000 (Median Sales Price) $684,000 (Median Sales Price) $598,000 (Median Sales Price) $585,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naples
834
42.5
% (y-o-y)
$280,000
16.7
% (y-o-y)
36.4%
32.1
% (y-o-y)
Fort Myers
552
21.9
% (y-o-y)
$165,000
13.8
% (y-o-y)
33.3%
33.1
% (y-o-y)
Cape Coral
460
7.1
% (y-o-y)
$169,900
8.3
% (y-o-y)
24.7%
22.9
% (y-o-y)
Port Charlotte
336
20.4
% (y-o-y)
$120,000
22.4
% (y-o-y)
33.3%
32.1
% (y-o-y)
Lehigh Acres
224
1.8
% (y-o-y)
$98,000
12.6
% (y-o-y)
16.3%
16.3
% (y-o-y)
Punta Gorda
217
18.6
% (y-o-y)
$185,000
19.4
% (y-o-y)
42.8%
16.8
% (y-o-y)
Bonita Springs
152
39.4
% (y-o-y)
$251,250
1.6
% (y-o-y)
32.1%
21.1
% (y-o-y)
Englewood
144
5.3
% (y-o-y)
$140,000
17.9
% (y-o-y)
36.0%
22.5
% (y-o-y)
North Fort Myers
91
18.0
% (y-o-y)
$77,200
3.5
% (y-o-y)
34.5%
26.3
% (y-o-y)
Fort Myers Beach
47
21.7
% (y-o-y)
$400,000
19.4
% (y-o-y)
41.5%
7.3
% (y-o-y)

Local Info For Sanibel

Population:
6,622
Cost of Living Index: 152.62
Crime Index: 37.87     Rating: A- View crime details
Schools: 1    Average School Rating: A+ View individual school rating
Household Median Income: $87,926
Unemployment: 5.20%
Percentage of vacant homes: 58.05%