Longboat Key is a barrier island located on the Gulf of Mexico, just off the coast of Sarasota, Florida. It is known for its natural beauty, upscale atmosphere, and white sandy beaches. The island is a popular destination for tourists and retirees, and it's home to many high-end shops, restaurants, and other attractions.
Longboat Key is home to several golf courses, marinas, and parks, making it a popular destination for boaters, golfers, and nature enthusiasts. The island is also home to the Longboat Key Club, which offers a variety of recreational activities, dining, and other amenities for residents and guests.
The island offers a variety of recreational activities, including swimming, sunbathing, fishing, boating, and jet skiing. The island's beaches are considered some of the best in the state, and there are several parks and playgrounds located along the beachfront.
Longboat Key is also home to a number of luxury resorts and condominiums, which offer a variety of amenities and services for visitors. These include swimming pools, tennis courts, fitness centers, and private beach access.
The island also has several parks and nature preserves, such as the Bayfront Park, that offer visitors the opportunity to enjoy the natural beauty of the area, including bird watching, fishing, and picnicking.
Overall, Longboat Key is a great place to visit for anyone looking for a relaxing and upscale vacation in a beautiful coastal setting. With its white sandy beaches, luxury resorts and amenities, and great weather, it's easy to see why Longboat Key is a popular destination for visitors of all ages.
Longboat Key currently has 65 single family homes for sale with an average list price of $4,574,861, 9 townhouses for sale with an average list price of $752,778, 191 condos for sale with an average list price of $1,851,531, and 20 lots for sale with an average list price of $2,818,695. The average annual property tax for Longboat Key is $10,311.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Longboat Key, i.e. what's hot and what's not.
See What's Hot & What's Not in Longboat KeyLongboat Key home sales for the month of November decreased in volume by 27.3% when compared to last year, while the median sale price rose by 50% from $1,450,000 to $2,175,000. House sales decreased by 28.6%, while the median sale price rose by 25% from $1,600,000 to $2,000,000. Condo sales decreased by 28.6%, while the median sale price rose by 94.4% from $1,350,000 to $2,625,000. Townhouse sales stayed the same, while the median sale price decreased by 1.7% from $650,000 to $639,184.
541
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659
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444
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370
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2020 | 2021 | 2022 | 2023 |
# of sales per year |
$655,000
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$825,000
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$1,197,500
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$1,150,000
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2020 | 2021 | 2022 | 2023 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.