November 2017 Market Report Anna Maria Island

In November 2017, 28 properties sold on Anna Maria Island.  That includes the cities of Anna Maria, Holmes Beach and Bradenton Beach, Florida.

The lowest sale price was $175,000 for a 1 bedroom, 1 bath condotel at Tradewinds Resort in Bradenton Beach with 380 square feet. A condotel is a condo hotel.

The highest price was $2,240,000 for a 4 bedroom, 3.5 bath on Sunrise Lane in Holmes Beach.

The average sale is a 3 bedroom, 2 bath home with 1550 square feet for $694,970.

Homes in November 2017 on Anna Maria Island sold on average for 95% of list price.

Status: Sold 28
Beds Baths SqFt Heated     Sale Price SP/SqFt     ADOM CDOM SP/LP Ratio
Min 1 1 380 $175,000 $251.14 .86
Max 5 5 3,605 $2,240,000 $1,184.83 440 105 1
Avg 3 2 1,550 $694,970 $445.16 66 .95
Median 2 2 1,345 $505,250 $396.98 88 .96

 

Below is a list of the real estate sales in November 2017.

Address City Legal Subdivision Name Sq Ft Heated Sale Price Beds Full Baths Half Baths Property Style
524 VILLA ROSA WAY ANNA MARIA VILLA ROSA 2,450 $1,350,000 4 3 0 Single Family Home
5311 SUNRISE LN Unit#A HOLMES BEACH SUNRISE LANE LAND CONDO 3,605 $2,240,000 4 3 1 Single Family Home
212 SPRING AVE ANNA MARIA ANNA MARIA BEACH SUB 1,196 $480,000 2 2 0 Single Family Home
620 N POINT DR HOLMES BEACH NORTH POINT HARBOUR UNIT TWO 2,570 $740,000 3 3 1 Single Family Home
600 MANATEE AVE Unit#236 HOLMES BEACH WESTBAY COVE CONDO II 1,377 $450,000 2 2 0 Condo
645 KEY ROYALE DR HOLMES BEACH KEY ROYALE 2,679 $1,400,000 3 2 0 Single Family Home
700 JACARANDA RD ANNA MARIA WELLS TERRACE 1,924 $1,265,000 4 2 1 Single Family Home
6250 HOLMES BLVD Unit#24 HOLMES BEACH NORTH BEACH VILLAGE 1,272 $350,000 2 2 1 Townhouse
4307 GULF DR Unit#207 HOLMES BEACH CAYMAN CAY 1,027 $296,667 2 2 0 Condo
4255 GULF DR Unit#222 HOLMES BEACH ISLAND VILLAGE CONDO 1,254 $407,500 2 2 0 Condo
1801 GULF DR N Unit#158 BRADENTON BEACH RUNAWAY BAY 722 $268,000 1 1 0 Condo
1801 GULF DR N Unit#156 BRADENTON BEACH RUNAWAY BAY 691 $242,500 1 1 0 Condo
1801 GULF DR N Unit#114 BRADENTON BEACH RUNAWAY BAY 1,080 $329,000 2 2 0 Condo
1603 GULF DR N Unit#27 BRADENTON BEACH TRADEWINDS A CONDO 380 $175,000 1 1 0 Condo
1325 GULF DR N Unit#219 BRADENTON BEACH TORTUGA CONDO PH 1 476 $260,000 1 1 0 Condo
6400 FLOTILLA DR Unit#11 HOLMES BEACH WESTBAY POINT & MOORINGS 1,314 $330,000 2 2 0 Condo
3601 E BAY DR Unit#112 HOLMES BEACH SANDY POINTE CONDO 931 $255,000 2 2 0 Condo
2313 AVENUE B BRADENTON BEACH ILEXHURST 2,614 $810,000 5 5 0 Single Family Home
2110 AVENUE A AVE BRADENTON BEACH ILEXHURST 1,490 $585,000 3 2 1 Single Family Home
215 82ND ST HOLMES BEACH HOLMES BEACH 31ST UNIT AMD 824 $475,000 2 2 0 Single Family Home
117 7TH ST N Unit#20 BRADENTON BEACH BAY VIEW TERRACE 864 $350,000 2 1 1 Condo
201 76TH ST Unit#A HOLMES BEACH BAY PALMS ADD 2ND BLKS H&I 1,456 $530,500 Duplex
202 75TH ST Unit#B HOLMES BEACH CASA DEL MARE III LAND CONDO 1,967 $995,000 4 2 1 Single Family Home
526 72ND ST HOLMES BEACH BAY PALMS ADD 8TH UNIT 1,388 $715,000 2 2 0 Single Family Home
210 72ND ST HOLMES BEACH WEST WIND SHORES 844 $1,000,000 2 1 0 Single Family Home
207 70TH ST HOLMES BEACH HOLMES BEACH 2,014 $1,035,000 Duplex
4112 5TH AVE HOLMES BEACH VILLAS ON FIFTH AVENUE II CONDO 2,842 $975,000 5 3 1 Single Family Home
106 36TH ST Unit#106 HOLMES BEACH PALM GABLES CONDO 2,140 $1,150,000 3 2 1 Condo

 

Of the 28 homes that were sold, 20 of them were all cash purchases.  That is typical for our market.  If you specific questions about Anna Maria Island Real Estate or would like updated reports to be sent to you, please contact us.

Jen and Mark Bowman, Keller Williams on the Water – 941-840-0117.

Data is from the MLS as of 12/1/2017.

Anna Maria Island Real Estate Market October 2016

Anna Maria Island Real Estate Market October 2016

This market report shows residential property only including condos, town homes and single family homes.  The Anna Maria Island real estate market report for October 2016 does not include income property or vacant land. Anna Maria Island includes the cities of Anna Maria, Holmes Beach and Bradenton Beach.  Let’s break down the numbers for you.

There are currently 239 homes for sale on Anna Maria Island. The average list price is $1,081,599. The average home size is 1,927 square feet and is 3 bedrooms with 3 full baths.
The lowest price listing currently on the market is at the Sandpiper Resort Co-op, a 55+ manufactured community in Bradenton Beach. It’s a 1 bedroom/1 bath and 320 square feet for $169,000. The highest price home currently on the market is on Mangrove Ave in the city of Anna Maria for $5,995,000. It has 4 bedrooms, 5 ½ baths and is 6,900 square feet. It’s gulf front with 2 lots.
In October of 2016, 20 homes sold with an average of 117 days on market. On average, the homes sold on Anna Maria Island for 95% of list price. The average sold price was $548,675 at $407 a square foot.
8 homes went under contract and are still being marketed for backup offers. That’s when you might see a AWC which is Active with Contract.  In the near future, our local Multiple Listing Service will be discontinuing the use of the Active With Contract category, so that will not be on future reports or visible in online listings. 
27 homes on Anna Maria Island are pending sales, which means they went under contract but have not yet closed. The average list price for the pending sales is $462 a square foot. The average list price of the pending homes is $794,693.
At the current rate of homes selling, Anna Maria Island has a little less than 9 months of inventory. That still shows a buyer’s market. A balanced market would be 3-6 months of inventory. Housing inventory higher than 6 months, it’s a buyer’s market. Housing inventory lower than 3 months shows a seller’s market.

Every market is different, every home is different, every buyer’s and seller’s motivation to buy or sell is different.
If you’re thinking of buying or selling a home on Anna Maria Island, contact us – Jen and Mark Bowman, Keller Williams on the Water at 941-840-0117. We provide international exposure for your listing. For out of town buyers we do custom live video tours of the homes you want to see.

What’s your Anna Maria Island home worth?

For a market analysis on your home please contact us at 941-840-0117 or fill out this form.

Anna Maria Island Real Estate Market Update August 2016

Anna Maria Island Real Estate Market Update August 2016

Buyer’s market or seller’s market on Anna Maria Island, Florida?  Well, it depends on the price point.  In zip codes 34217 and 34216 which encompasses the cities of Anna Maria, Holmes Beach and Bradenton Beach overall it’s considered a buyer’s market.  We have 255 homes actively on the market in all price points.  In the past 365 days, 333 have sold. That means we have over a 9 month supply of homes for sale in general.  When we talk about homes, I’m including all residential condos, 1/2 duplexes and single family homes.

Let’s break it down to see how it changes per price range.

Homes that are for sale under $300,000 are in a seller’s market because in the past year 54 have sold.  There are currently 16 homes for sale under $300,000.  That’s a 3 1/2 months supply which makes it a low supply.  They’re on the market for an average of 98 days.

Under $500,000 homes are in a seller’s market because 147 homes have sold in the past year.  There are 55 homes actively on the market for sale.  That gives us about 4 1/2 months of inventory which is considered a seller’s market because the inventory is more limited.

In the $500,000 to $750,000 range, 87 homes have sold in the past year.  59 are on the market.  That gives us an 8 month supply bringing us into a buyer’s market.

Homes priced $750K to $1,000,000 have 15 months of inventory with 46 homes currently on the market and 36 sold in the past year.  15 month’s is a also a buyer’s market.

Homes that are in the $500,000 to $1,000,.000 range are in a buyer’s market.  In the past year, 121 have sold and there are 103 on the market.  That’s over 10 months of supply.

Homes that are $1 million plus,  there are 97 active homes for sale over a million.  69 have sold in the past 365 days.  That’s almost 17 months of supply resulting in a big over supply of homes and definitely a buyer’s market.

Anna Maria Island Homes for Sale

  • Under $300K – 3.5 months of inventory = seller’s market
  • Under $500K.- 4.5 months of inventory = seller’s market
  • $500K to $750K – 8 months of inventory = buyer’s market
  • $750K to $1M – 15 months of inventory = buyer’s market
  • $1M+ – 17 months of inventory = buyer’s market

The average price of homes currently on the market is $1,052,269 with 209 days on the market.  The median list price is $889,000.

What’s Selling on Anna Maria Island?

The average sold home on Anna Maria Island has 3 bedrooms, 2 full baths and square footage of 1,604.  The average sold for $724,592 at 94% of list price with 139 days on market.

In general, the lower the price, the lower the supply and higher demand.  6 months of inventory is considered a balanced market.   When we talk about absorption rate, it’s the rate at which homes are selling based on the current inventory.  We track this information to watch for trends in the market.  We hope it’s helpful for you.  If you’d like to see more of these market updates, let us know and we’ll be glad to send them to you.

What’s your Anna Maria Island home worth?

For a market analysis on your home please contact us at 941-840-0117 or fill out this form.

Sold and Active Data is pulled from the MyFloridaRegionalMLS as of 8/17/2016.

 

Anna Maria Island Real Estate Stats – June 2014

Anna Maria Island Real Estate Stats – June 2014

Real Estate on Anna Maria Island – June 2014 from www.BowmanSellsHomes.com

There are currently 278 active homes for sale on Anna Maria Island, Florida which includes the cities of Anna Maria, Holmes Beach and Bradenton Beach.

The average listing price for Real Estate on Anna Maria Island during the month of June is $918,384. The median list price in January for single family residential and condo/town home properties on Anna Maria Island is $675,000.

The typical home for sale during the month of June on Anna Maria Island is a 3 bedroom, 3 bath home with 1,837 square feet.

To break down pricing further we can look at price by bedrooms on Anna Maria Island. During the month of June a 2 bedroom home’s average for sale price is $490,966 while a 3 bedroom home’s average for sale price is $931,545. The 4 bedroom homes are listing for an average of $1,522.702.

All market data and statistics are pulled directly from the local MLS data as of June 2014. For more comprehensive Anna Maria Island Real Estate data please call us at 941-840-0117 or go to our Anna Maria Island real estate website at www.BowmanSellsHomes.com.

pool pic

Anna Maria Island Market Statistics Summary

  • Total Homes for Sale – 278
  • Average List Price – $918,384
  • Median List Price – $675,000

Typical Anna Maria Island Home

  • 3 Bedrooms
  • 3 Baths

Average Price per Bedroom on Anna Maria Island

  • 2 Bedrooms – $490,966
  • 3 Bedrooms – $931,545
  • 4 Bedrooms – $1,522,702

For more information on buying or selling a home on Anna Maria Island contact Jen & Mark Bowman at 941-840-0117.

www.BowmanSellsHomes.com

Keller Williams on the Water 941-840-0117

See all the homes for sale on Anna Maria Island

Sell your Anna Maria Island home

Anna Maria Island Real Estate Report November 2013

Anna Maria Island Real Estate Report November 2013 –  Is now a good time to buy or sell?  Well from the looks of things prices are going up and homes are selling at a higher list to sale ratio.   The following statistics show that homes on average are selling at a higher price with a stronger list to sale ratio than the same month in 2012.  Here is an analysis of residential property on Anna Maria Island, including the cities of Anna Maria, Holmes Beach and Bradenton Beach.

November 2013 Real Estate on Anna Maria Island

November 2012 Real Estate on Anna Maria Island

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There are currently 264 residential properties for sale on Anna Maria Island, Florida which is in Manatee County and includes the cities of Anna Maria, Holmes Beach and Bradenton Beach.  That is up 24 from October.  Residential properties include condos, townhomes, manufactured/mobile homes and single family homes. 3 of them are foreclosures or short sales.  There are also 40 homes that are pending sales, meaning they are under contract, but not yet closed. Available homes on Anna Maria Island range in price from $125,000 for a 380 square foot manufactured home at Sandpiper Resort Co-Op to $3,500,000 on Key Royale.

There is something for everyone from investment to vacation to high-end luxury homes. Now is a great time to buy on Anna Maria Island while interest rates are low.

Your Anna Maria Island Real Estate report is brought to you by Jen & Mark Bowman, Keller Williams on the Water at 941-840-0117. Visit online at www.BowmanSellsHomes.com.  For expert real estate advice and customized property searches on Anna Maria Island please contact us.

See all the homes for sale on Anna Maria Island.

Sell your Anna Maria Island Home

Foreclosure or Short Sale Properties on Anna Maria Island