Market report, updated

Market Report

Search in the subdivision of Longboat Key

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Report prepared by Sarasotahomesforsale.com Holloway Realty

Market at a glance

Over the last 6 months, homes sold for 93.7% of list price in 115 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $775K Sold · $720K
$10M$6.9M$3.8M$700K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 4 sales in Apr. Last month: 0.

Where the market stands

All homes in this report, by status.

28homes
Active22 · 79%
Under contract1 · 4%
Sold (6 mo)5 · 18%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

22.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$2.22M
Under contract$815K
Sold$3.92M

Average days on market

Active236 days
Under contract30 days
Sold115 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 22
Average list price $2,222,318
Avg. days on market 236 days
Avg. price per ft² $718 Based on 18 of 22 homes
Avg. living area 3,067 ft² Based on 18 of 22 homes
Avg. beds / baths 3.8 / 3.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

4 homes didn’t report living area and aren’t shown.

$15M$10M$5M$0

Price vs. living area: 18 homes plotted, up to $15M and 30,000 ft².

0 ft²10,00020,00030,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

720 Tarawitt Drive$1,342
610 Hibiscus Way$1,129
Address not available$1,048
530 De Narvaez Drive$1,046
834 Jungle Queen Way$780
5965 Gulf Of Mexico Drive$755
765 Saint Judes Drive N$705

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
Address not availableLongboat Key, FL 34228 666,390$6,700,000$1,04828 days
4800 Gulf Of Mexico Drive Unit 205Longboat Key, FL 34228 221,325$759,000$57231 days
760 Longboat CourtLongboat Key, FL 34228 321,242$840,000$67653 days
7094 Longboat Drive ELongboat Key, FL 34228 ———$3,249,000—61 days
765 Saint Judes Drive NLongboat Key, FL 34228 421,900$1,340,000$70566 days
5310 Gulf Of Mexico Drive Unit 16Longboat Key, FL 34228 221,014$689,000$67997 days
608 Saint Judes DriveLongboat Key, FL 34228 432,106$935,000$443102 days
791 Broadway StreetLongboat Key, FL 34228 222,236$1,525,000$682179 days
610 Hibiscus WayLongboat Key, FL 34228 452,788$3,150,000$1,129200 days
720 Broadway StreetLongboat Key, FL 34228 ———$760,000—202 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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