Anna Maria Market Trends

The quiet, 7-mile island of Anna Maria includes three cities: Ana Maria, Holmes Beach and Bradenton Beach, each with a personality all their own. As local experts and long time residents, Team Buky can help you navigate these unique areas of Anna Maria and keep you up to date on current market happenings. Knowing how the market is performing is key to both the home-buying and home-selling processes and we are happy to share these trends with you.

In this month’s review, you’ll see that the average days on the market has decreased by 25% year-over-year, meaning that inventory is moving faster. The number of listings is also slightly down from September of this year, both of which could indicate a seller’s market. With the busy selling season right around the corner, now is a GREAT time for you to consider listing your home if you have been on the fence.

This data is compared on a month-over-month and year-over-year basis to paint a big picture of where the market is headed. Contact us today for a private consultation, or to be added to our list for monthly market updates in your desired community. We look forward to working with you to make your real estate dreams become a reality!

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Anna Maria Market Update

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.

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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.

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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.

Golden Gate Point Market Update

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 saw a slight increase month over month from 29 to 34 listings on Golden Gate Point, for a current average list price of $1,379,171. This number of listings has also increased year over year from 21 to 34.

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As far as sales are concerned, August of 2015 saw no closings, while 2016 had one – 551 Golden Gate Point sold for $850,000 on 8/25/16.

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If you’ve been on the fence about listing your home, now is the time to start putting a plan into action – before the holiday season is in gear. Contact Team Buky today for a private consultation.

 

Anna Maria – Holmes Beach MARKET UPDATE

Anna Maria Island is one of Florida’s best-kept and most enjoyable secrets. This quiet 7-mile island is home to 3 cities – Bradenton Beach, Holmes Beach and Anna Maria – each with their own little personality. It’s the combination of Old-Florida living, the worlds best beaches and a calendar packed with family friendly events that makes this idyllic barrier island a dreamy place to call home.

Being local experts (and long time residents!) on Anna Maria/Holmes Beach gives us the opportunity to educate clients and friends about current market conditions and projections. This information is key to either positioning your home at a price that makes it sell quickly or knowing the value of properties currently listed if you are in the market to purchase a home. In this month’s review, you’ll find that the number of residences sold has increased 56% year over year, while the number of homes listed has only increased by 2% – it’s a great time to SELL!

Our responsibility is to keep you updated on the community, changing market conditions and emerging trends. This data is also compared on a month to month and year over year basis to paint a big picture of where the market is headed. Contact us today for a private consultation, or to be added to our list for monthly market updates in your desired community. We look forward to working with you to make your real estate dreams become a reality!

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Longboat Key – Market Update

 

Named one of North America’s top islands by Conde Nast Traveler’s readers, Longboat Key is a family friendly spot located just off the coast of Sarasota on the Gulf of Mexico. This beautiful barrier island features 11 miles of palm lined beaches, some of the area’s top restaurants (including two of our favorites – Mar Vista and Euphemia Haye!) as well as 10 miles of paved pathway for joggers, and boating access to Sarasota Bay and the Intracoastal Waterway.

This picturesque Sarasota island is also where you can find Team Buky hard at work with a view of New Pass from their panoramic office window. As local experts with over 80 years of combined experience, Team Buky is a go-to resource for the market facts you need to make informed real estate decisions.

This monthly video market update shares sales data, inventory details, days on market and emerging trends in the area. In watching this video, you’ll find that both the number of homes on the market and the median list price have increased year over year. The median sales price of homes on Longboat Key has also increased from $512K in 2015 to $650K in July of this year. While there may be more homes to choose from, they are also fetching a higher price for sellers, which indicates that now is a good time to list your home.

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Whether you are looking for your dream home, or considering putting your home on the market, Team Buky has you covered. Contact us today for a confidential meeting. We look forward to hearing from you!

Downtown Sarasota – Market Update

Real estate, especially in our beautiful Sunshine State is all about location, location, location. So, we’re giving you the local facts you need to make informed decisions when it comes to Longboat Key real estate.

This monthly video market update shares sales data, inventory details, days on market and emerging trends in the downtown and surrounding Sarasota area for residences priced $1M+. In watching the video, you’ll find that there is an inventory of options 35% greater than this time last year and the median listing price of luxury homes is $1.9 million. There was also a 75% increase in residences sold month over month, which are all signs of a healthy luxury market.

As experts in the local real estate market, we know how important it is to be aware of what is happening with inventory and pricing and we are here to help you navigate your options. Whether you are looking for your dream home, or considering putting your home on the market, Team Buky has you covered. Contact us today for a confidential meeting. We look forward to hearing from you!

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Longboat Key, FL – Market Update

Real estate, especially in our beautiful Sunshine State is all about location, location, location. So, we’re giving you the local facts you need to make informed decisions when it comes to Longboat Key real estate.

This monthly video market update shares sales data, inventory details, days on market and emerging trends in the area. In watching the video, you’ll find that homes are moving much faster than compared to this time last year – on average, homes are spending 23% less time on the market prior to purchase. You’ll also see that the number of active listings has increased by 7% year over year. As experts in the local real estate market, we know how important it is to be aware of what is happening with inventory and pricing and we are here to help you navigate your options. What do all of these numbers mean for you? Now is the time to SELL on Longboat Key if it’s been something you’ve been considering.

Whether you are looking for your dream home, or considering putting your home on the market, Team Buky has you covered. Contact us today for a confidential meeting. We look forward to hearing from you!

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