Sanibel Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $699,000
    12% ( $96,000 ) vs Jun 2014
  • Median Sales Price
    $719,000
    7% ( $56,000 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $378,000
    81% ( $168,600 ) vs Jun 2014
  • Foreclosures 25
    Homes for Sale 212
    Recently Sold 72

Market Summary

There are currently 25 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 212.

In July, the number of properties that received a foreclosure filing in Sanibel, FL was 500% higher than the previous month and 20% higher than the same time last year.

Home sales for June 2015 were down 65% compared with the previous month, and down 69% compared with a year ago. The median sales price of a non-distressed home was $719,000. The median sales price of a foreclosure home was $378,000, or 47% lower than non-distressed home sales.

Sales Prices - Sanibel, FL




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$378,000 (Median Foreclosure 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) $719,000 (Median 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) $378,000 (Median Foreclosure 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) $719,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naples
565
41.3
% (y-o-y)
$280,000
14.3
% (y-o-y)
28.6%
30.6
% (y-o-y)
Fort Myers
328
42.4
% (y-o-y)
$170,000
13.4
% (y-o-y)
32.8%
32.9
% (y-o-y)
Cape Coral
269
43.2
% (y-o-y)
$169,900
9.6
% (y-o-y)
20.5%
21.0
% (y-o-y)
Lehigh Acres
164
25.5
% (y-o-y)
$104,000
15.7
% (y-o-y)
21.2%
18.4
% (y-o-y)
Port Charlotte
156
43.7
% (y-o-y)
$118,000
18.0
% (y-o-y)
39.5%
28.5
% (y-o-y)
Punta Gorda
98
49.0
% (y-o-y)
$188,250
24.5
% (y-o-y)
33.6%
21.0
% (y-o-y)
Bonita Springs
91
46.5
% (y-o-y)
$270,000
10.2
% (y-o-y)
38.2%
18.4
% (y-o-y)
Englewood
64
42.3
% (y-o-y)
$151,500
25.2
% (y-o-y)
32.3%
0.4
% (y-o-y)
North Fort Myers
61
47.0
% (y-o-y)
$85,000
1.7
% (y-o-y)
30.5%
34.7
% (y-o-y)
Estero
29
59.7
% (y-o-y)
$244,000
22.0
% (y-o-y)
9.8%
8.6
% (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%