Posted by Valerie Tutor on Saturday, February 13th, 2016 at 4:11pm.
Happy Valentine’s Day! The sun has come out and the weather is wonderful now – so we appreciate that Valentine from Mother Nature! This winter has been an unusual one all over the country and for us as well. El Nino is finally running out of steam though, at least down here, and the rains have stopped, the sun is shining and the weather forecast for the rest of February is for gorgeous days in the mid to high 70’s! Our winter residents and visitors have returned although some later than usual since y’all had such good weather up north for some time.
So what is happening here in SW Florida on the islands and off island as well? This weekend is the Arts and Crafts Fair of Sanibel-Captiva; a must-attend event with artists from all over the country that come to display their work. Last night I went to the opening night of our newest play at Big Arts Herb Strauss Theater. The play, Stepping Outis hilarious! What a great show – I am going again and inviting friends and clients to join me. It is about a diverse group of people who meet each week in a church basement to take a tap dance class. In town, the annual Edison Festival of Light events are in full swing culminating in the Grand Parade on February 20th. It is a wonderful event you must see if you are ever here in February. Big news yesterday was the arrival of the Boston Red Sox truck with all the spring training equipment – it is a very exciting thing here in Fort Myers since we are the spring training home to both the Boston Red Sox and the Minnesota Twins.
Real estate continues to be strong and the latest information shows that home sales here and across Florida increased by 12% in 2015! Our inventory is low and prices have continued to rise. We saw another substantial increase in prices (also about 12%) on Sanibel & Captiva and across SW Florida last year. We are expecting to see prices leveling off this year with a more sustainable appreciate of 5% or so…we said that last year & we were wrong. We need more properties to come on the market and then we can balance values better. I am proud to say our office had the largest sale this month in Lee County in some years. A gorgeous Captiva beachfront estate that sold for $16.6 million dollars! Of course, most of our sales are not nearly that price point and there are still wonderful dream home or vacation properties at attractive price points here on the island and our great off island communities. There are several beautiful home and condo communities off island that are near to the beaches and offer great amenities and values from $200,000 to $600,000. I showed a lovely person from Massachusetts some super cute condos in great complexes just 10-15 minutes to the beach and close to shopping, restaurants and health care all for under $200,000! They are out there. You just need someone like me to guide you J
Lastly, congratulations to the Levett’s who are realizing their long time goal of owning a Gulf front condo at their favorite condo building on Sanibel. I am so thrilled for them and honored to help them realize their island dreams! They found their seat here – how about you? I am saving you one - Call me. 239-834-8141
I am a true Florida native and proud of my heritage growing up in South Florida on an 80 acre cattle ranch only two hours from Sanibel. Since the early 1960s, my family loved to spend our free time on Sanibel and Captiva, so I pretty much grew up here. After living and working all over South and Central Florida, my husband and I were thrilled to be able to move home to Sanibel Island.READ MORE