Inventory for sale has remained flat since February 2026. February ended at 376 AMI properties for sale and March decreased to 373. Inventory absorption which is a relative leading indicator for supply versus demand decreased from 11.4 months to 10.6 months of inventory. As a reminder, our 10 year average inventory absorption is 8.1 months of inventory on hand. In summary, slightly above average supply with slightly below average demand remains. As a note, Q1 2025 we saw 295 AMI properties for sale versus 376 Q1 2026, a 28% increase in inventory.
March 2025 vs March 2026 comparisons: Demand is up from last year. 29 single family properties sold versus 26 properties sold in 2025. Condominium sales are way up compared to March 2025. 7 sold in 2025 versus 11 in 2026.
March 2026 sold data: 60% of the single family sold properties in March 2026 were below a $2M price tag. This has been relatively flat the last few months. For single family properties sold in March – 22% sold under $1M, 37% between $1M -$2M, 15% between $2M – $3M, and 26% between $3M – $5M. For condos sold in March 2026,18 % sold under $0.5M, 73% between $0.5M and $1M and 9% above $1M. 
Last month Comparisons: In the month of March we saw 41 properties go pending compared to last month, 21. Demand rose by 95%! 29 of those were single family homes and 12 were condominiums. For single family homes that went pending, 50% of those had a list price of more than $2M. Condo pending prices have moved to a more normal distribution with pending’s between $0.5M to $1M at 73% for March. Real estate sales are moving in a more normalized direction for AMI real estate.
Single Family for sale Data: The distribution of single-family properties for sale is 5%, $1M or less, 30% is $1M – $2M, 19% is $2M – $3M, 29% from $3M to $5M and above $5M is 17%.
Condos for Sale Data: The distribution of condos for sale are 16% under $0.5M, 63% from $0.5M to $1M, and 21% above $1M for sale.
Summary: The data is beginning to show mixed signals. We remain in a buyer’s market but increased demand continues as well as more normalized sale values going pending. Especially with condos. Since Condos are at a lower price point they often are the sign to a changing market from buyer’s market to neutral. A great buy to consider this month is 6201 Holmes Blvd. It is a ground level, 5 bedroom, 3 bath with private pool for $1.45M. At 1822 sq ft the foot print is small as well as the pool but I am familiar with this property and a great starter AMI vacation rental.
We would love the opportunity to help sell your property or start the process of sending real-time actives, pending and sold property so the education process can begin towards the purchase of your AMI home away from home. March has been packed with visitors. It is a great sign of things to come for Anna Maria Island!
Thanks so much –
Larry Chatt. Keep those emails coming!
