Is Captiva, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Captiva has remained a Buyer's Market.
Key Takeaway
Captiva is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Captiva, FL
How much do homes in Captiva, FL cost?
Median Sold Price
$1,037,500
$912/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Captiva have sold for 26.4% less than they did a year ago.
Summary: The median home sold price in Captiva was $1,037,500 in March 2024, down 26.4% from last year, and the median price per square foot was $912.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $674.2K | $498.5K | -26.1% |
| 2 Bedrooms | $1.3M | $1.0M | -25.5% |
| 3 Bedrooms | $672.5K | $1.3M | +98.5% |
| 4 Bedrooms | $2.0M | $3.1M | +59.4% |
| 5+ Bedrooms | $4.4M | $2.5M | -42.2% |
Summary: Captiva 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 25.5%, 3 bedroom homes increased by 98.5%, 4 bedroom homes increased by 59.4%, and 5+ bedroom homes decreased by 42.2%.
Median Sold Price Compared To Nearby Cities
| Saint James City | $522.5K | $575K | +10.0% |
| Sanibel | $1.0M | $980K | -2.3% |
| Sanibel Island | $1.0M | $990.7K | -6.4% |
| Bokeelia | $464.2K | $420K | -9.5% |
| Captiva | $1.4M | $1.0M | -26.4% |
Housing Supply in Captiva, FL
How many homes are available in Captiva, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 | 95 | +11.8% |
Summary: The Captiva real estate market had 95 homes for sale in March 2024, a 11.8% 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 | 21 | 22 | +4.8% |
| 3 Bedrooms | 22 | 26 | +18.2% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Captiva 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 4.8%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
4 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Captiva in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Captiva, FL
How long does it take to sell a home in Captiva, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 127 Days | +71.5% |
Summary: Homes in Captiva had an average of 127 days on market in Mar 2024, up by 71.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Captiva are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in Captiva; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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