Comparison Numbers

 

 

January 1st to June 30 (first 6months) Sanibel
unit sales
 
 
 
2008
2009
 
RES
   97
   66
-31.90
average $
 923,120
823,443
-11.60
 
 
 
 
CON
   60
   43
-28.30
average $
 750,112
 751,023
0.12
 
 
 
 
VAC
 9
 5
-44.40
average $
 424,728
 407,000
-4.20

 
Looking at all Sanibel Inventory for the first 6 months vs. the same period, we are down -31.2% in Unit sales
 
Look at average prices for Condos. The average of the higher priced stuff that has sold and cheaper units are averaging the same. Good news for my past condo buyers. 
 
All indicators point to the Fall as a big buyer’s month. Fence sitters are getting news reports of increasing pendings which are making them trigger happy. Overall Optimism has been reported by NAR and other agencies.  Remember a BUYERS Market represents excellent values.

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