COMMENTARY FROM BARRY GOULD 8-21-07
1. The county assesses values as Jan. 1st each year.
2. Since midyear 2005, the market has been changing very rapidly.
3. The data in the last
quarter give a better picture of the true market than averaging the entire previous year.
4. In the last
quarter of 2005, the average sale prices on Anna Maria Island were:
Single family residences:
$733,663.
Condos:
$500,100.
Combined average: $616, 881.
5. In the last quarter of 2006, the average sale prices on Anna Maria Island were:
Single family residences: $634,532. (Down 13.5%)
Condos: $385,700.
(Down 22.9%)
Combined average:
$510,116. (Down 17.3%)
6. These figures were from the Manatee Association of Realtors database.
