Friday, October 9, 2009

October 2009 Longboat Key Condo Market Snapshot

Beachfront Pool at Water Club, Longboat Key Florida



October 2009 Longboat Key Condo Market Snapshot


The Longboat Key real estate market has been brisk with activity as savvy buyers are taking advantage of reduced prices on very desirable condominium residents. For those on the fence, there is still a nice selection of inventory in all price ranges.
Longboat Key Condominium Inventory and Sales
Current Inventory
  • Active Listings: 395*
  • Highest Priced Condo: $5,000,000 (Bleu Claire)

  • Lowest Priced Condo: $145,000

  • Average Listing Price: $876,903

  • Median Listing Price: $599,000

  • Average Days on Market: 332
Condos Under Contract

  • Pending Sales: 49*

  • Highest Priced: $1,695,000 (Water Club)

  • Average Listing Price: $522,063

  • Median Listing Price: 410,000
Recently Sold Condos (last 90 Days)

  • Condominiums Sold: 65*

  • Highest Sale Price: $2,200,000 (Water Club)

  • Lowest Sale Price: $185,000

  • Average Sale Price: $575,982

  • Median Sale Price: $$450,000
**Includes Condos, townhomes, and villas
Contact John Allen or Annette Smith if you are interested in exploring current opportunities in the Longboat Key condo market.

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