February Market Update Sanibel – Josh Bohling - LPT Realty SW FL

🌴 SW Florida February Market Update Sanibel – Josh Bohling - LPT Realty SW FL

February in Southwest Florida marks the heart of our peak season, as perfect weather, bustling activity from "snowbirds," and motivated buyers create a dynamic real estate environment. While national headlines continue to discuss market adjustments, it's important to focus on what's happening locally. Following a period of rapid expansion, the market has found its footing: prices have stabilized, insurance costs have leveled off, and we're seeing more informed buyers navigating a healthier inventory landscape. ☀️🏖️📊

But the local Sanibel numbers paint the true picture...

📍 Sanibel – Single Family Homes (January 2026 vs 2025)

* 📈 Closed sales units: 14 (up 75.0% vs Jan 2025, down 12.5% vs Dec 2025)
* 📦 Active inventory units: 253 (up 3.3% vs Jan 2025, up 5.9% vs Dec 2025)
* 🏡 New listings: 54 (down 29.9% vs Jan 2025, up 14.9% vs Dec 2025)
* 💵 Median sales price: $1,002,000 (down 3.4% vs Jan 2025, down 3.0% vs Dec 2025)
* 📉 Median price per sq ft: $513 (down 2.7% vs Jan 2025, down 6.7% vs Dec 2025)
* ⏳ Median days on market: 71 (up 283.8% vs Jan 2025, up 108.8% vs Dec 2025)
* 📊 Months of supply: 18.1 (down 41.0% vs Jan 2025, up 21.0% vs Dec 2025)
* 🔻 List-to-sale ratio: 93.2% (up 0.4% vs Jan 2025, down 0.2% vs Dec 2025)

✅ Takeaway: The Sanibel single-family home market in January 2026 shows a significant increase in new listings and months of supply, indicating a shift towards a buyer's market. While closed sales are down from December, they are up from last year, suggesting a resilient market.

📍 Sanibel – Condos & Townhouses (January 2026 vs 2025)

* 📈 Closed sales units: 3 (down 25.0% vs Jan 2025, down 66.7% vs Dec 2025)
* 📦 Active inventory units: 191 (up 26.5% vs Jan 2025, up 8.5% vs Dec 2025)
* 🏡 New listings: 33 (down 23.3% vs Jan 2025, up 57.1% vs Dec 2025)
* 💵 Median sales price: $690,000 (down 38.7% vs Jan 2025, up 20.0% vs Dec 2025)
* 📉 Median price per sq ft: $557 (down 12.1% vs Jan 2025, down 0.9% vs Dec 2025)
* ⏳ Median days on market: 74 (down 13.0% vs Jan 2025, up 75.0% vs Dec 2025)
* 📊 Months of supply: 63.6 (up 68.6% vs Jan 2025, up 225.5% vs Dec 2025)
* 🔻 List-to-sale ratio: 90.3% (down 3.9% vs Jan 2025, down 3.0% vs Dec 2025)

✅ Takeaway: The Sanibel condo and townhouse market in January 2026 is a buyer's market, with a significant decrease in median sales price and a large increase in new listings. This is a great time for buyers to find a deal.

🧠 What Does It All Mean?

Single Family Homes = Sanibel's single-family market is shifting towards a buyer's market, with more inventory and stable prices.

Condos/Townhomes = The condo and townhouse market is a great opportunity for buyers, with lower prices and more options.

👉 The takeaway: Sanibel's real estate market is a great place to buy a home right now. Prices are down, and there are plenty of options to choose from.

📞 Ready to make your move? Let's talk strategy and find the right opportunity for you.

Josh Bohling REALTOR📍 LPT Realty | Southwest Florida 
Cell📲 239-320-5326-Call or Text