Sanibel Real Estate Market Trends
Market Overview for Quarter 1, 2026
Median Sale Price
-8.5% YoY
Median Price/Sqft
-18.9% YoY
No. of Transactions
52.9% YoY
County Median Sale Price
-1.4% YoY
In Q1, the median home sale price in Sanibel was $875K, down -8.5% year-over-year. By contrast, sales were on the rise: 107 sales closed for a 52.9% gain compared to the same period last year. The median price per square foot in Q1 was $275, a change of -18.9% year-over-year. The Lee County median home sale price was $365K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Lee County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Sanibel | $875,000 |
| 2 | Fort Myers Beach | $550,000 |
| 3 | Bonita Springs | $539,900 |
| 4 | Estero | $495,000 |
| 5 | Cape Coral | $350,000 |
| 6 | Fort Myers | $320,000 |
Residential Property Types Sold in Sanibel
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $650K | -26.1% | $616 | 2.3% | 36 |
| House | $1.2M | -3% | $235 | -10% | 71 |
The median sale price for houses in Sanibel in Q1 was $1.2M, showing no significant change year-over-year. Sanibel condos on the other hand, showed negative pricing trends, declining -26.1% year-over-year. As a result, the Q1 median sale price for condos in Sanibel was $650K.
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