On a National level, existing-home sales have been losing momentum over the last couple of months because of stubbornly low inventory on the market across the country. Locally, however, we are seeing a bit more stability since a large drop in inventory in April. The number of homes available for sale in Anna Maria has remained steady, with 60 properties currently on the market for an average list price of $1,519,223.
As far as sales are concerned, the 34216 area saw a drop in the number of closings month to month – falling from 12 in July to 4 in August.
While these trends are more stable than that of the National average, they still do indicate a sellers market. If you’ve been on the fence about listing your home, NOW is the time. Contact Team Buky today for a private consultation.