Anna Maria Island Real Estate Sales Blog

Sales Graphs for Anna Maria Island thru 2008.

Let's take a look at the sales data and see how sales were for the past year, compared to prior years. This information encompasses the cities of Anna Maria, Holmes Beach and Bradenton Beach and includes residential (or single family homes), condominiums, multifamily (mostly duplexes) and vacant lots.

Above you can see how the number of transactions has varied.

Below, note the variation on the average dollars per square feet of properties sold in the last year. The residential line doesn't show for 2008, since it's essentially flat at a two percent increase. Check my previous post for exact comparisons.

Above is the line showing the big run-up in property prices during the boom years, and the subsequent drop in pricing for residential properties. We're (perhaps) seeing the bottom of the market here for single family home pricing on Anna Maria Island.

This chart indicates that the bottom is still out there for condos and multifamily properties. That's unfortunate for sellers; may mark some really great buys for those in search of the perfect condo or duplex.

Here's the current inventory for Anna Maria Island. There were about 500 properties for sale at the first of the year, almost half of which are residential in nature.

Are there good deals still on the Island? You bet there are. But there are still a  lot of owners who say, "I'll wait until I get my price before I sell." It may take some time before that price is acceptable to the buyers. It is definitely a buyer's market, and successful sellers will realize that.

To discuss this data, or to see what it means for you as a seller or as a buyer, call or email me at john@calltheislanders.com