Longboat Key Real Estate

Reduced Sales Prices - Buyers Market

Prices in Sarasota have settled and the buyers are starting to look again. A condo closed this week on Longboat Key at Islands West for $1,025,000. Searching the Sarasota MLS, for full Gulf view sales in the last week on Longboat Key, resulted in this two-bedroom 1563 sq.ft. unit. The condo originally was listed for $1,249,000, reduced to the last listing price of $1,199,00 and final sales price was $1,025,000. We are in a buyers market and it's a great time to start your search for a Gulf of Mexico condo.

Two bedroom, two bath condos on Longboat Key are currently listed from $489,500 at Beach Harbor Club to $5 million at Beau Claire. There are 135 units available on the Gulf of Mexico with full Gulf views. The better the view, higher the sq.footage, better the condition, etc., prices get closer to that $5 million high.

For information about the Sarasota, Florida area, Longboat Key real estate, or any of Sarasota's barrier island, send me an email.