Longboat Key Florida Condo Market Update

Activity on all our websites and blogs is up! Dr. Beach published his America’s 10 Best Beaches 2009 report, in May and Longboat Key condos are of high interest once again. Siesta Key moved from the no. 3 spot to the no. 2 spot on Dr. Beach's list, and Longboat Key inquiries rose along with Siesta Key. With low interest rates and nice inventory on the barrier island, savvy buyers are picking up properties at substantial discounts. If you’ve been searching for a few years just waiting to time this market, time may be running out. The best properties always go first even in a bad market.
Many buyers of Longboat Key real estate have been coming to this the Sarasota area for decades. Prices have jumped out of buyers’ reaches in previously, and they are trying hop into this market before prices escalate again. Longboat Key’s weather, manicured landscaping, golf, tennis and other outdoor activities attract vacationers and buyers to this beach area. The luxury lifestyle on Longboat Key is desirable to snowbirds and celebrities seeking resort-style amenities.
Longboat Real Estate Market
Spanish Main Yacht Club offers one of the lowest priced condos at $210,000. If you need more space and are looking for a Longboat Key luxury condo, Bleu Claire, one of Longboat Key’s newest Gulf-front complexes offers the highest priced unit on the Key at $5 million. The highest sale of a Longboat Key condo in the last three months was a unit at the Water Club with a listing price of $3,495,000. Selling price was $3,000,000 for the condo built in 1999.
Real Estate Activity on Longboat Key Last 3 Months

• Condos, Townhouses and Villas for Sale: Over 350 (excluded timeshares and boat docks)
• Pending Condos, Townhouses and Villas: 57
• Condos Sold: 76 (including townhouses and villas)

Activities on Longboat Key include: golf, tennis, shelling, boating, fishing, walking, swimming and shopping to name a few. Cultural venues of Sarasota are close to the Key as well as St. Armands Circle shopping and restaurants.
If you’re surfing the web and dreaming of a second home or Longboat Key condos is your landing page, contact us for an overview of the Sarasota real estate market. Don’t miss a good buy in Sarasota, Florida. The best properties on Longboat Key go first. Ask John Allen to help you sort through all of the Longboat Key real estate listings with a good value. Enjoy the New Year in your Longboat Key Florida.