Search homes for sale on Anna Maria Island, a place where you can experience the warm sunshine and gorgeous Gulf views without being bombarded by crowds.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
Sale-to-List Price Ratio
Homes Sold Above List Price
In June 2024, the Anna Maria real estate market experienced a notable upswing, with home prices rising by 37.1% compared to last year, bringing the median sale price to $2.9 million. Despite this price surge, the market has slowed, with homes taking an average of 113 days to sell, compared to just 40 days in 2023. The number of homes sold also dipped slightly, with 9 sales in June 2024, down from 10 the previous year. This trend highlights a market where high demand is driving prices up, but transactions are taking longer to finalize.
The real estate market in Anna Maria is currently not very competitive. Homes typically take around 88.5 days to sell, reflecting a slower pace compared to more active markets. Multiple offers are uncommon, suggesting that buyers have the upper hand in negotiations. On average, homes sell for about 8% below the list price and go pending in roughly 89 days. However, "hot" properties—those that are particularly desirable—can sell a bit quicker, going pending in about 40 days and typically selling for around 5% below the asking price. This indicates that while the overall market is slow, well-priced or highly sought-after homes still attract quicker deals, though often at a slight discount.
People moving to Anna Maria are primarily coming from major metropolitan areas across the country. Nationwide, about 1% of homebuyers are looking to relocate to Anna Maria from outside their current metro areas. Among those interested in moving to Anna Maria, New York City ranks as the top origin, with more prospective buyers from New York searching for homes in the area than from any other metro. Chicago and Miami follow closely behind, indicating a strong interest from these large urban centers. This trend suggests that Anna Maria is attracting those seeking a more tranquil, coastal lifestyle away from the hustle and bustle of big cities.
For detailed, up-to-date information on buying a house in Anna Maria, including legal considerations and market trends, you can talk to us.
Anna Maria offers a laid-back, coastal lifestyle that appeals to those seeking a peaceful retreat. The area is known for its beautiful beaches, charming boutique shops, and a slower pace of life. Residents enjoy outdoor activities like boating, fishing, and biking, with a strong sense of community and a focus on preserving the natural beauty of the island. It’s an ideal location for those looking to escape the hustle of larger cities and embrace a more relaxed, island vibe.
Yes, Anna Maria has specific regulations regarding vacation rentals. The city has implemented rules to maintain the character of the community and minimize disruptions for permanent residents. These rules may include limits on the number of guests, noise ordinances, and minimum stay requirements. If you're considering buying a property as an investment for short-term rentals, it's important to familiarize yourself with these local regulations and ensure your property complies.
The most desirable areas in Anna Maria are those close to the beach or with direct waterfront access. Properties along North Shore Drive, Pine Avenue, and near Bean Point are particularly sought after due to their proximity to the water and stunning views. Homes within walking distance to the beach, shops, and dining spots tend to hold their value well and attract more interest from buyers. Each area offers its own unique charm, so it's important to consider what aspects of island living are most important to you.
To make your home more appealing to buyers in Anna Maria, focus on highlighting the aspects of island living that make the area special. Ensure that outdoor spaces, such as patios, decks, and landscaping, are well-maintained and inviting. Interior updates, particularly in the kitchen and bathrooms, can also boost your home’s appeal. Staging the home with coastal decor that emphasizes natural light and open spaces can help potential buyers envision the relaxed lifestyle they’re seeking.
The best time to sell a home in Anna Maria is typically during the spring and early summer months, when the weather is pleasant, and buyers are actively looking for vacation homes or a new residence before the peak tourist season. However, the unique appeal of Anna Maria can attract buyers year-round, particularly those from colder climates looking for a winter retreat. Working with a local real estate agent can help you determine the optimal timing based on current market conditions.
When selling your home in Anna Maria, it's important to disclose any relevant information that could impact the buyer’s decision. This includes details about the home’s history, such as past flooding, storm damage, or repairs, as well as any ongoing maintenance concerns. If your property is in a designated flood zone or subject to vacation rental restrictions, these must be clearly communicated. Transparency is key to building trust and ensuring a smooth transaction process.
Whether you have questions about the local market, need expert advice on buying or selling, or are ready to find your perfect property in Anna Maria, we're here to help. Get in touch with us now to start your journey to island living!
Discover everything Anna Maria has to offer with our comprehensive neighborhood guide. From picturesque beaches to vibrant local spots, find the perfect community that suits your lifestyle. Start your exploration now and uncover the hidden gems of this beautiful island!
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.
