Reported by Keith Kropp, REALTOR, GRI, ePro, Green
Updated May 4, 2012.
Current Market Rating: 4
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Seller's
Current Price Trend: 4
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Falling
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A very stable community, Longboat Key had 58 sales in March, and less than 1% were distressed sales, bank-owned or short sales and 76% were cash sales. Sales are increasing and prices have begun to increase as well. The highest price home sold in March was $3,300,000, the lowest price sold was $87,000 and the median price was $555,000. There are 477 active listings and 102 pending contracts. There has never been a better time to buy on Longboat Key. Call me at 941-365-0174 for a free list of properies for sale, or email me at keith@keithkropp.com.
ZIP Code: 34228 Location Characteristics: One of Florida's most beautiful barrier islands, Longboat Key is home to residents from all over the world. This lushly landscaped tropical paradise is for the visitor or homeowner who appreciates a tranquil, sun drenched and laid back atmosphere only minutes from the shops of St. Armand's Circle and all the cultural amenities of the City of Sarasota.
