Wednesday, November 11, 2009

Longboat Key Homes for Sale Market Update 2009

Longboat Key Florida is more than just a destination. It is a lifestyle. This 11 mile long island offers an array of waterfront activities, dining, spas, golf, tennis and so much more. Longboat Key provides a private atmosphere to its lucky residents, yet it is only minutes from the endless amenities of St Armands Circle and downtown Sarasota.
The Longboat Key real estate market has been brisk with activity as savvy buyers have been taking advantage of reduced prices and a nice selection of inventory.
Longboat Key Single Family Home Data from the MLS
  • Active Home Listings: 158
  • Price range: $179,000 to $13,000,000
  • Average Listing Price: $1,883,889
  • Median Listing Price: $1,310,000
  • 2009 Home Sales – 64
  • Sales Price range: $220,000 to $7,125,000
  • Average Sale Price: $1,033,115
  • Media Sale Price: $717,500
If you have been considering a condo or home purchase on Longboat Key, give the John Allen Team a call direct at 941-544-6467 to start the process. His team can help you explore all Sarasota real estate. Many experts believe that now is a great time to buy. sale prices are at a level comparable to what we saw 7 to 8 years ago and there is still a very nice selection of inventory.
Related Link: Longboat Key Condominium Market Update - 2009

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