Longboat Key Florida Demographics

Exclusive Longboat Key Florida is an 11 mile long barrier island like no other. We are constantly asked by buyers about Longboat Key's population, real estate and demographics. So here you go...

Longboat Key Demographics Snapshot

Population: 8,000 year round, grows to 20,000 or so in season
Median Age of Residents: 68 years old. 58% of residents were 65 or older
Density of Residents: 1,546.44 People Per Square Land Mile
Gender: 53.5% Female, 46.5% Male
Race: 99.2% White, 0.8% Other
Marital Status: 77% Married, 23% Single, Divorced, Widowed
Education: 94.4% High School or Higher
Real Estate: 75% Condominiums, 25% single family homes and others.
Median Listings Price: $699,000
Occupancy: 48.4% Occupied Housing, 52.6% Seasonal or Occasional Use

Resources and More information: Wikipedia, US Census

If you are considering a home or condo on this slice of paradise, head over to our comprehensive Longboat Key real estate section where you can view hundreds of MLS listings. All of the listings in our database are updated daily and feature full descriptions, addresses, and advanced satellite mapping technology. If you would like our help with your Longboat Key home search, contact the John Allen Team direct at 941-544-6467.

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

Longboat Key Real Estate Update - August 2009

Longboat Key real estate ranges from tiny beach cottages, ranch style homes to luxurious newer highrise condominiums on both the Gulf of Mexico and the shores of Sarasota Bay. Many Longboat Key homes in neighborhoods such as Country Club Shores and Bay Isles are located on canals that wind to the Bay providing direct access to the Gulf of Mexico. Some of the properties on Longboat Key have full Bay views and fabulous vistas of the mainland and the lights of Sarasota, Florida sparkle at night. Longboat Key’s real estate inventory is excellent and prices range from $269,000 to $15,000,000 for single family homes on this “hot” destination Key. Longboat Key real estate data in the Sarasota MLS system shows 159 single family homes listed for sale on this tropical manicured Key compared to over 400 on neighboring Siesta Key.

When not enjoying the beach, residents of Longboat Key drive to downtown Sarasota for the opera, ballet or theater. Galleries of Palm Avenue are relaxing on a rainy day or just any day for that matter. Stroll down Main Street in Sarasota and visit specialty shops or walk to the Sarasota Bayfront and snap some shots of Dolphin Fountain.
St. Armands Circle is a great place to wander. Cross over to the center of the Circle and learn about Sarasota’s circus heritage. Enjoy the statures of Ringling greatness positioned beautifully as you make your way to a popular restaurant for a leisurely lunch. If dinner is on the agenda later in the evening, St. Armands has many fine restaurants or stay on Longboat Key and enjoy sipping wine as another extraordinary day ends in Paradise.

Longboat Key Real Estate Update:

Single Family Homes:

• Least Expensive Home: $179,900
• Most Expensive Home: $9,995,000
• Homes Under Contract: 17
• Single Family Homes Sold Last Six Months: 38

Condos (Including Townhouses & Villas)

• Least Expensive Condo: $155,000
• Most Expensive Condo: $5,000,000
• Condos Under Contract: 48
• Condos Sold Last Six Months: 132

If you are searching for a home or real estate on Longboat Key, Siesta Key or Casey Key, contact John Allen at 941-544-6467. John shows Longboat Key real estate as well as all of Sarasota’s other barrier islands. He has the experience in waterfront properties necessary to guide you to a quick closing. If you are considering a purchase on Longboat Key's neighbor to the south, head over to our recent Siesta Key real estate market post to get an overview of the market. If you would like to make an appointment to view homes or condos on Siesta Key or Longboat Key, please give us contact us today to set up an appointment.

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.