How much do homes in Sanibel, FL cost?

Median List Price

$841,500

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$56,750(+7.2%)

Key Takeaway

The list price of homes in Sanibel has increased by 7.2% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $465.9K$435K-6.6%
2 $680K$699K+2.8%
3 $799K$895K+12.0%
4 $1.3M$1.7M+32.1%
5+ $1.9M$2.4M+27.9%

Median List Price Compared To Nearby Cities

Sanibel Island
+8.0%
Sanibel
+7.2%
Captiva
0.0%

How many homes are available in Sanibel, FL?

Number of Homes For Sale

Apr 2021May 2021%
222167-24.8%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 1312-7.7%
2 6548-26.2%
3 9470-25.5%
4 4028-30.0%
5+ 109-10.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
289 Days183 Days-36.8%

Breakdown of Home Sale Times

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About Sanibel, FL

Number of homes for sale in Sanibel, FL real estate market have reached 167.

In May 2021 median list price was $841,500 and the average listing age was 183 days.

Between April 2021 and May 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went down by 6.6%, 2 bedrooms properties became 2.8% more expensive, prices of 3 bedrooms properties increased by 12%, prices of 4 bedrooms properties went up by 32.1%, the cost of 5 bedrooms properties went up by 27.9%.

In May 2021 in Sanibel, FL there were 24.8% less homes for sale than in April 2021.

The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went dowm by 7.7%, 2 bedrooms homes became 26.2% less available, 3 bedrooms homes became 25.5% less available, volume of 4 bedrooms homes went dowm by 30%, number of 5 bedrooms homes decreased by 10%.

While more than 2 listings in Sanibel, FL in May 2021 were sold above asking price, there were more than 14 listings sold at asking price, and more than 38 were sold below.

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