Is Anna Maria Island, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anna Maria Island is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Anna Maria Island has remained a Buyer's Market.

Key Takeaway

Anna Maria Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Anna Maria Island, FL

How much do homes in Anna Maria Island, FL cost?

Median Sold Price

$1,150,000

$789/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Anna Maria Island has remained the same since last year.

Summary: The median home sold price in Anna Maria Island was $1,150,000 in November 2024, the same as last year, and the median price per square foot was $789.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $462.5K$382.5K
-17.3%
2 $700K$802.5K
+14.6%
3 $1.5M$1.5M
0.0%
4 $2.2M$1.8M
-16.6%
5+ $2.8M$2.9M
+1.1%

Summary: Anna Maria Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 14.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes increased by 1.1%.

Housing Supply in Anna Maria Island, FL

How many homes are available in Anna Maria Island, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
110151+37.3%

Summary: The Anna Maria Island real estate market had 151 homes for sale in November 2024, a 37.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 37
+133.3%
2 3446
+35.3%
3 2945
+55.2%
4 2329
+26.1%
5+ 2124
+14.3%

Summary: The Anna Maria Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 35.3%, 3 bedroom homes increased by 55.2%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
217+750.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anna Maria Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Anna Maria Island in November 2024, up by 750.0% month-over-month. Of the 17 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Anna Maria Island, FL

How long does it take to sell a home in Anna Maria Island, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
82 Days98 Days+19.7%

Summary: Homes in Anna Maria Island had an average of 98 days on market in Nov 2024, up by 19.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Anna Maria Island are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 17 homes were sold in Anna Maria Island; 29% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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