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The Carretta Report APRIL 27,2011

SEASON SUMMARY

Family retreat on Paper Fig Court - east end home to savor for generations.Offered furnished $ 1,674,000 East end morning on beach in front of Sanibel Arms West Condominiums

Sanibel Activity Homes under contract and closed Jan 1- April 28 2011 60 homes have closed ytd. Average price $735,000 ( after removing the gulf front sale for $5,000,000 which skewed results). List to sale ration 91 % Near Beach sales $ 405,000 - $1,232,500 #24 Canal sales $435,000 - $1,475,000 # 4 Inland sales $295,000 - $1,025,000 #22 Gulf Front sales $1,950,000 - $5,000,000 # 5 Under contract but not yet closed Today 4/28/11 there are 43 homes under contact not yet closed. 9 homes are over the 1,195,000 price point

998 Whelk Drive - long views down canal 3/2 1/2 bath with den- pool level with living area enlarges living space. 5 sliding doors go out to pool and paver brick lanai. Cathedral ceiling, oversized lot with beautiful vegetation. Shell Harbor private parking. $ 849,000 glennc@coconet.com teamsanibel.com weekly updates on sales/ closing prices Teamsanibel,com the Carretta Report

2904 Wulfert Rd. Unbelievable value 3600 sq.’ 3/3 + den Plus guest 1/1 home , pool, spa, large lanai, fireplace, high ceiling fm dining , large eik,.Privacy space galore Lake front with wildlife views. Fully furnished. Owner may consider a condo in the 400-450 range in trade. New price $ 1,149,000.. 239- 395-3100 239-850-9296 John R. Wood, island Real Estate

30 years of Sanibel/Captiva Island Sales experience. Each year top 1%.


The Carretta Report April 2011