Sanibel Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $772,000
    14% ( $97,500 ) vs Mar 2014
  • Median Sales Price
    $598,000
    2% ( $13,000 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $364,700
    4% ( $14,700 ) vs Mar 2014
  • Foreclosures 19
    Homes for Sale 260
    Recently Sold 107

Market Summary

There are currently 19 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 260.

In April, the number of properties that received a foreclosure filing in Sanibel, FL was 80% lower than the previous month and 50% lower than the same time last year.

Home sales for March 2015 were down 56% compared with the previous month, and down 85% compared with a year ago. The median sales price of a non-distressed home was $598,000. The median sales price of a foreclosure home was $364,700, or 39% lower than non-distressed home sales.

Sales Prices - Sanibel, FL




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$364,700 (Median Foreclosure 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) $598,000 (Median 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) $364,700 (Median Foreclosure 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) $598,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naples
348
71.4
% (y-o-y)
$266,750
12.1
% (y-o-y)
37.4%
35.9
% (y-o-y)
Fort Myers
257
67.5
% (y-o-y)
$150,000
7.0
% (y-o-y)
28.9%
32.1
% (y-o-y)
Cape Coral
204
59.3
% (y-o-y)
$154,750
4.7
% (y-o-y)
19.2%
21.9
% (y-o-y)
Lehigh Acres
109
54.4
% (y-o-y)
$95,000
8.5
% (y-o-y)
14.2%
15.5
% (y-o-y)
Bonita Springs
61
77.5
% (y-o-y)
$232,500
3.1
% (y-o-y)
22.3%
27.9
% (y-o-y)
North Fort Myers
45
70.0
% (y-o-y)
$72,750
3.0
% (y-o-y)
31.1%
16.7
% (y-o-y)
Englewood
28
82.6
% (y-o-y)
$150,050
26.6
% (y-o-y)
50.6%
28.2
% (y-o-y)
Estero
23
79.8
% (y-o-y)
$238,500
5.8
% (y-o-y)
28.6%
3.5
% (y-o-y)
Fort Myers Beach
17
75.4
% (y-o-y)
$338,750
4.2
% (y-o-y)
Data not available
Punta Gorda
9
94.9
% (y-o-y)
$170,000
11.1
% (y-o-y)
33.3%
6.9
% (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: 5.10%
Percentage of vacant homes: 58.05%