Sanibel Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $674,500
    9% ( $64,500 ) vs Feb 2014
  • Median Sales Price
    $585,000
    2% ( $10,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $350,000
    0% ( $0 ) vs Feb 2014
  • Foreclosures 23
    Homes for Sale 289
    Recently Sold 129

Market Summary

There are currently 23 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 289.

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

Home sales for February 2015 were down 36% compared with the previous month, and down 41% compared with a year ago. The median sales price of a non-distressed home was $585,000. The median sales price of a foreclosure home was $350,000, or 40% lower than non-distressed home sales.

Sales Prices - Sanibel, FL




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$350,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $585,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $585,000 (Median Sales Price) $616,000 (Median Sales Price) $350,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $585,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $575,000 (Median Sales Price) $585,000 (Median Sales Price) $616,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naples
567
33.8
% (y-o-y)
$262,950
11.9
% (y-o-y)
31.5%
37.9
% (y-o-y)
Fort Myers
459
23.8
% (y-o-y)
$152,750
8.3
% (y-o-y)
29.9%
25.9
% (y-o-y)
Cape Coral
349
17.5
% (y-o-y)
$156,000
8.6
% (y-o-y)
19.9%
16.5
% (y-o-y)
Lehigh Acres
190
29.1
% (y-o-y)
$100,000
14.2
% (y-o-y)
20.6%
15.5
% (y-o-y)
Bonita Springs
135
27.0
% (y-o-y)
$255,500
6.5
% (y-o-y)
33.6%
32.5
% (y-o-y)
North Fort Myers
93
31.6
% (y-o-y)
$76,000
1.3
% (y-o-y)
22.4%
16.7
% (y-o-y)
Estero
58
28.4
% (y-o-y)
$240,000
4.3
% (y-o-y)
8.3%
8.7
% (y-o-y)
Englewood
45
65.9
% (y-o-y)
$140,000
15.5
% (y-o-y)
19.4%
38.1
% (y-o-y)
Fort Myers Beach
22
62.1
% (y-o-y)
$330,000
9.6
% (y-o-y)
Data not available
Bokeelia
13
0.0
% (y-o-y)
$158,450
12.0
% (y-o-y)
Data not available

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%