Anna Maria Island Real Estate Sales Blog

February 15th, 2008 2:51 PM
Current sales data is important for clients to keep in touch with market developments. To that end, I here present information on what's happening with sales of homes, condos and multi-family properties in the City of Anna Maria, Holmes Beach and Bradenton Beach. This information is current as of 2:00 p.m. on Friday, February 15, 2008.
 
The "Recent Sale Pendings" chart shows how many of each property type are now under contract and awaiting closing. The other two charts, for 2007 and 2008 sales, show what properties have actually gone through escrow as of today.
 
Naturally, these are only properties listed for sale through the Manatee MLS System, and do not include any private transactions. It should be noted, however, that in a declining market such as this one, very few "For Sale By Owner" properties actually are sold by owners without benefit of Realtor expertise.
Market Data
January 1, 2008
Through February 15, 2008
From Manatee Board of Realtors Multiple Listing Service
Recent Sale Pendings Since January 1, 2008
 Listing $ SqFt Listing Pr/SqFt DOM
Residential (10) $785,880 2199 $334 93
Condominium (14) $461,921 1590 $298 68
Duplex and Triplex (2) $608,950 2271 $275 106
All Types (26) $618,917 2020 $302  
Sales 1-1-07 through 2-15-07
 Listing $ SqFt Listing Pr/SqFt DOM Sale $ Selling Pr/SqFt
Residential (4) $876,975 1588 $568 167 $698,750 $449
Condominium (8) $858,006 1523 $533 47 $816,938 $506
Duplex and Triplex (2) $577,000 1540 $375 158 $472,500 $307
All Types (14) $770,660 1550 $492   $662,729 $420
Sales 1-1-08 through 2-15-08
 Listing $ SqFt Listing Pr/SqFt DOM Sale $ Selling Pr/SqFt % Chng
Residential (7) $688,557 1662 $423 72 $634,071 $392 -0.13
Condominium (5) $404,480 1064 $369 108 $390,400 $355 -0.30
Duplex and Triplex (1) $299,000 1144 $261 14 $282,500 $247 -0.20
All Types (13) $464,012 1290 $351   $435,657 $331 -0.21

The Percent Change column relates to the difference in selling price per square foot, as a change from 2007 to 2008. And since 2007 was far from a banner year in either numbers of sales or dollar values (see previous post on annual info), the average 21% reduction in selling price per square foot shows that this is truly a great time for buyers.

For further information on what this sales data means, don't hesitate to call me at 941-685-8822 or email me at John@calltheislanders.com.

John

Posted by John van Zandt on February 15th, 2008 2:51 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:


Island Real Estate 6101 Marina Dr. Holmes Beach, FL 34217-1553
Phone: Toll Free Phone: Cell: Fax:

Why Title Insurance? | Why Call The Islanders? | Contact Us | Getting the Highest Price | Free Home Valuation | Find A Home! | References | Helpful Links | Island Rentals | Selling Your Home | Southern Living Article | Anna Maria Island Sales Info | Real Estate Links | John's Picks | New York Times Article | Washington Post Article | Islands Magazine | Articles on AMI | Sarasota Magazine Article | Coastal Living Article | Custom Searching | Washington Times Article | 2009 Sales Info | 2010 Sales Info | Looking to Buy? | Our Homes | Looking to Sell? | Sold Homes | Our Featured Homes | Home | Mortgage Calculators | Request Industry Info | Anna Maria Island Blog

Copyright © 2012 Island Real Estate
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: