Anna Maria Island Real Estate is a small micro market of Manatee County real estate. Frankly over the years there has been enough disparity between Bradenton real estate let alone Manatee County real estate that it has made sense to measure Anna Maria Island Real Estate separately from local mainland real estate. For more than fifteen years we have been tracking Anna Maria Island real estate transactions only.
We do find differences between the three cities when it comes to number of transactions as well as market pricing. More specifically the same property located in Bradenton Beach, Holmes Beach and Anna Maria City will most definitely have differing value. Bradenton Beach likely due to the higher density of properties is normally valued less than Holmes Beach. In addition, Holmes Beach real estate is valued a little less than Anna Maria City.
Finally there are significant differences in market value of a single family home, duplex and Condominium. Using rough numbers we average about one vacant lot sold per month, two duplexes sold per month, ten condominiums sold per month and twenty single family homes sold per month for Anna Maria Island Real Estate. Of course this is not 100% accurate but only to provide a rough estimate to see the absorption rate of varying property types.
Island Real Estate has several proprietary Anna Maria Island charts that we like to use to provide more insight into our real estate market. Since our real estate marketplace is made up of primarily second home buyers it is important to provide data to overall trends of local real estate. Our data provides a culmination of more than 15 years of data. We focus on supply and demand to aide us in where we believe the Anna Maria Island real estate market is headed. Rolling one, five and 10 year averages can provide insight into where the market is heading along with absorption rate charts. The following real estate newsletters is our answer to help you with our local real estate market.
Island Real Estate has no weekend warrior real estate agents. We only have full time real estate professionals and while most Anna Maria Island real estate companies are adding at least one sales agent on average per year, Island Real Estate has added two in the last ten years. Why so few? We believe only the best will do when it comes to helping customers with as large of an investment as purchasing on Anna Maria Island. Just ask a local who is the best real estate company on Anna Maria Island and you will find the vast majority tell you “Island Real Estate is an institution on Anna Maria Island that has dominated the local market for more than 15 years. You wont go wrong with any of the sales professionals at Island Real Estate.”
Meet Larry Chatt. Larry is the Broker/Owner of Island Real Estate – and has owned Anna Maria Island investment property while residing in New England, Ohio, Colorado, Iowa and across Europe. He and his family have been on the island for decades and Larry has served his community in various roles with the Anna Maria Island Chamber of Commerce