Anna Maria Island Real Estate Report

anna maria real estate
Anna Maria Island Market Report 11/30/15
Anna Maria Island twelve-month sales 11/30/2015 are up 36 sales over the previous twelve month period – at an outstanding pace of 430 over 394 properties sold. The inventory is at the lowest level in the past decade which contributes to the lower sales volume.  High demand & low supply continue to push up prices of single-family homes & condos. Pended properties are at seasonal highs – indicating continued sales growth.
Below are the current Island statistics:
  • Real estate sales – Nov’15 @ 24 compared to Nov’14 @ 21
  • Last 12 month sales – 430 compared to 394 last year.
  • Nov. ’15 Sales distribution – Single Family @8, Condo @ 10, Duplex @ 4 & Lots @ 2.
  • Pended sales –  31 compared to 22 last month with 14 S/F, 13 Condo, 3 Duplex & 1 Lots. 24 properties closed last month – meaning 31 more properties were put under contract during the past 30 days..
  • Inventory – 281 unsold with 144 S/F, 92 Condos, 20 Duplexes & 25 Lots. Inventory has been decreasing steadily at 281, coming down from a high of almost 1,000 in 2006.
  • Distressed Properties (short sales & bank owned) – Decreasing steadily @ 24 with 11 S/F, 11 Condos, 2 Duplexes & 0 Lot. AMI distressed sales year to date represent less than 6% of the sold inventory.

READ ENTIRE REPORT HERE

AMI Real Estate Report

Anna Maria Island Market Report 9/30/15

Anna Maria Island twelve-month sales 9/30/2015 are up 27 sales over the previous twelve month period – at an outstanding pace of 433 over 406 properties sold. The inventory is at the lowest level in the past decade which contributes to the lower sales volume. High demand & low supply continue to push up prices of single-family homes & condos. Pended properties are at seasonal highs – indicating continued sales growth.

Below are the current Island statistics:

  • Real estate sales – Sept ’15 @ 31 compared to Sept’14 @ 27
  • Last 12 month sales – 433 compared to 406  last year.
  • Sept. ‘15 Sales distribution – Single Family @ 14, Condo @ 13, Duplex @ 3 & Lots @ 1.
  • Pended sales – 24 compared to 32 last month with 14 S/F, 7 Condo, 2 Duplex & 1 Lots. 31 properties closed last month – meaning 24 more properties were put under contract during the past 30 days.
  • Inventory – 248 unsold with 121 S/F, 79 Condos, 23 Duplexes & 25 Lots. Inventory has been decreasing steadily at 248 coming down from a high of almost 1,000 in 2006.
  • Distressed Properties (short sales & bank owned) – Holding steady @ 23 with 11 S/F, 10 Condos, 2 Duplexes & 0 Lot. AMI distressed sales year to date represent less than 8% of the sold inventory.

The absolute best investments continue to be luxury condo-hotel apartments, located at Tortuga Inn Beach Resort & Tradewinds Resort in Bradenton Beach. These cash positive, rental apartments are not going to last at prices 50% below their 2004 sales prices.

If you’re planning on buying a property in the next year, now is the time to buy – while these great values are available. You will receive complete professionalism and knowledge for all your real estate transactions with the 16 year expertise of Liz Codola (Anna Maria Island Broker Associate and Realtor) & David Teitelbaum’s decades of real estate development, marketing & management experience.

Sincerely,
David Teitelbaum & Liz Codola

See more at AnnaMaria-RealEstate.com

10 Great Beaches of Florida

AMI10 Great Beaches of Florida That Are A Must See

#3. Anna Maria Island

Anna Maria Island, sometimes called Anna Maria Key, is a barrier island on the coast of Manatee County, Florida. A seven-mile strip of beautiful white-sand beaches line this barrier island between the turquoise Gulf of Mexico and peninsular Florida.

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Tradewinds Condo for Sale

TRADEWINDS BEACH RESORT – NEW LISTING

Tradewinds Beach Resort is located on quaint Anna Maria Island in the Gulf of Mexico off Southwest Florida’s fabled Sun Coast. This charming resort has pastel cottages covered with tangles of jasmine and bougainvillea. The romantic cottages line both sides of a private street that ends at a large heated pool set among palm trees, and a fishing pier that juts into Sarasota Bay. A private white-sand beach is located just across the street, beside that glorious turquoise water you’re coming for & sunset views that promise to break your heart with their beauty. Also, numerous charcoal BBQ grills are set beside arbors shaded with flowering vines, with picnic tables beneath for al fresco dining. Tradewinds Beach Resort is pet friendly! Relax on your front porch overlooking the pool with view of the bay waters and beyond. This turnkey furnished cottage is stylishly decorated with tropical furnishings and soft colors. It has a full kitchen, bedroom & bath with tub/shower, a queen sleeper sofa in the living room & a private front porch. Flexible nightly,weekly & long term rental policy is maximized with professional-site management. Repeat & referral guests provide proven positive cash flow above all operating costs.

View complete listing details here.

 

Anna Maria Island Market Report December 14

Anna Maria Island FloridaAnna Maria Island Market Report 12/31/14

Anna Maria Island twelve-month sales ending 12/31/14 are down 29 sales over the previous twelve month period – at a record pace of 395 over 424 properties sold. The inventory is at the lowest level in the past decade.  High demand & low supply continue to push up prices of single-family homes & condos.