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.
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January 2015 Newsletter – Happy New Year!
Another wonderfulNew Year and so many ways to make it your best year ever! We have four awesome ideas…
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