Homes for Sale > Real Estate Market > Florida Real Estate Market > Captiva Real Estate Market

Winter 2012 Market Update
Property on Southwest Florida’s world famous barrier islands are always in high demand. Additionally, great values are currently available in the Naples/Bonita Springs/Ft. Myers markets, noted for both spectacular beaches and exclusive gated, world-class golf and country club communities. Do not hesitate to ask.

Average Home Price $650,000 - View Graph Trend
Average Price Compared to Last Year Down 5-10%
Average Time on Market 60-90 days
Best Selling Price Range$550,000 - $599,000
Worst Selling Price Range$1,000,000+
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in Captiva isIncreasing
Seller Activity for the past 90 days in Captiva is?No Change
Multiple Offers?Yes
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Inventory CommentsWith prices finally stabilizing, Buyers, based on pent up demand, have re-entered the market
Greatest Activity Investors
Reason to Buy/Sell Dramatically lower prices, excellent selection and competitive interest rates have created unprecedented opportunity.
Nearest Metro AreaNaples/Bonita Springs/Fort Myers
Housing Hot SpotsAll waterfront properties are in great demand, in particular, homes on saltwater canals with direct boating access to the back Bays and the Gulf. All properties with large water views and cottages, near but not directly Gulf front, are in high demand. Condos and Old Florida style cottages in tropical settings are also popular.
Average Sold Price $650,000 - View Graph Trend
Captiva Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Alan Westerlund & Virginia Stafford
Alan Westerlund & Virginia Stafford
     239-287-5698
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Mortgage Rates
– Feb 10th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

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Alan Westerlund & Virginia Stafford
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Alan Westerlund & Virginia Stafford
Sand Castle Realty Group, Inc.
Sand Castle Realty Group, Inc.

  239-287-5698




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