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Real Estate Market Update | Manatee | January 2022 Vs December 2021

Real Estate Market Update | Manatee | January 2022 Vs December 2021
February 6, 2022 By: Category: Real Estate Market Update

Real Estate Market Update | Manatee | January 2022 Vs December 2021

Welcome to The Griffin Real Estate Market Update.

If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. 

According to Stellar MLS, the marketplace for Manatee residential properties,  here’s what happened in January 2022 versus December 2021: 

The Number of SOLD listings decreased by 32% to 583 properties with a top sale of $6.15 million at 103 PARK AVE in ANNA MARIA. 

The Average Sales Price decreased by 4% to $552000 moving the Average Price  Per Square Foot up to $297 per square foot. 

The inventory of properties available for sale as measured in months supply had no change with to 1 month worth of properties for sale. 

The average 30 year fixed mortgage rate increased to 3.71% according to Bank  Rate.com.

Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market Update.

Manatee

Average Sales Price
December 2021 – $572334
January 2022 – $552136
4% down

Average Days On Market
December 2021 – 20
January 2022 – 20
0% no change

Average Sale Price Per Square Foot
December 2021 – $291
January 2022 – $297
2% up

Sale to List Price Ratio
December 2021 – 100.00%
January 2022 – 100.00%
0% no change

Number of Sold Listings
December 2021 – 858
January 2022 – 583
32% down

Months Supply of Inventory
December 2021 – 1
January 2022 – 1
0% no change

Mortgage Rate
December 2021 – 3.27%
January 2022 – 3.71%
13% up

Top 10 Sales

  1. $6150000 103 PARK AVE ANNA MARIA, MA
  2. $5075000 241 CHILSON AVE ANNA MARIA, MA
  3. $3875000 4965 GULF OF MEXICO DR Unit#202 LONGBOAT KEY, MA
  4. $3500000 2510 AVENUE C BRADENTON BEACH, MA
  5. $3100000 105 SUNSET LN HOLMES BEACH, MA
  6. $3100000 867 N SHORE DR ANNA MARIA, MA
  7. $3050000 7204 PALM DR HOLMES BEACH, MA
  8. $3020000 130 50TH ST HOLMES BEACH, MA
  9. $2900000 206 OAK AVE ANNA MARIA, MA
  10. $2735000 704 GLADIOLUS ST ANNA MARIA, MA

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