Is Captiva Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Captiva Island was a Seller's Market.
Key Takeaway
Captiva Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Captiva Island, FL
How much do homes in Captiva Island, FL cost?
Median Sold Price
$1,312,500
$981/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Captiva Island have sold for 21.8% less than they did a year ago.
Summary: The median home sold price in Captiva Island was $1,312,500 in March 2024, down 21.8% from last year, and the median price per square foot was $981.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $674.2K | $498.5K | -26.1% |
| 2 Bedrooms | $1.4M | $1.2M | -15.2% |
| 3 Bedrooms | $2.5M | $1.9M | -23.5% |
| 4 Bedrooms | $5.8M | $3.1M | -45.3% |
| 5+ Bedrooms | $4.4M | $3.3M | -24.8% |
Summary: Captiva Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.1%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 45.3%, and 5+ bedroom homes decreased by 24.8%.
Housing Supply in Captiva Island, FL
How many homes are available in Captiva Island, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 | 64 | +10.3% |
Summary: The Captiva Island real estate market had 64 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Captiva Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Captiva Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Captiva Island in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Captiva Island, FL
How long does it take to sell a home in Captiva Island, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 144 Days | +93.3% |
Summary: Homes in Captiva Island had an average of 144 days on market in Mar 2024, up by 93.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Captiva Island are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Captiva Island; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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