Search homes for sale in Anna Maria Island, a place where you can experience the warm sunshine and gorgeous Gulf views without being bombarded by crowds.
Anna Maria Island Real Estate Overview
Anna Maria Island, known for its serene beauty and laid-back lifestyle, currently presents a real estate market that is less competitive yet exceedingly dynamic. The median sale price for homes has seen a remarkable increase of 91.5% over the last year, soaring to $4.3M. However, there's a contrasting trend in the median sale price per square foot, which stands at $1.04K, showing a 15.4% decline since last year.
As of October 2023, the Anna Maria housing market is witnessing an extraordinary surge in home prices, with the median price reaching a staggering $4.3M. This increase contrasts with the market pace, where homes now take an average of 84 days to sell, compared to just 39 days in the previous year. The number of homes sold has remained steady, with 7 properties changing hands this October, mirroring last year's sales.
The real estate market in Anna Maria is characterized by its lack of competitiveness. Homes generally sell in about 70 days, and instances of multiple offers are a rarity. On average, properties sell for approximately 7% below the asking price. In contrast, highly sought-after homes, or "hot homes," tend to sell for around 2% below the list price and may go pending in roughly 11 days.
If you're considering a property purchase in Anna Maria Island or have any inquiries about this distinctive market, I am here to provide comprehensive assistance. With a thorough understanding of Anna Maria's real estate trends and nuances, I am equipped to help you make well-informed and strategic decisions.
Reach out to me today to delve into the unique opportunities that Anna Maria Island real estate offers. Whether your aim is to invest, locate your dream home, or explore the market, I am committed to facilitating a smooth and successful real estate experience.
Kathy Callahan wants to help each of her customers with everything they might need when it comes to buying or selling a home. She cares about each of her clients as a friend, and her services reflect that dedication. Give her a call today to see what she can do for you.
