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March 21, 2010
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Longboat Key, Florida

Reported by Nicki Conway, REALTOR, CRS, e-PRO

Updated February 2, 2010.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 3




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2
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Falling

Rising

Once again I want to share with you some year over year comparisons in the market on Longboat Key. These comparisons include all single family homes as well as condominiums:

January '08

For Sale: 852 Properties @ $799,000 Median Price
Under Contract: 24 Properties @ $699,000 Median List Price
Sold: 18 Properties @ 721,250 Median
Pending Average Days on Market: 164

January '09

For Sale: 697 Properties @ $699Median Price
Under Contract: 17 Properties @ $479000 Median List Price
Sold: 13 Properties @ $420,000 Median
Pending Average Days on Market: 207

January '10

For Sale: 628 Properties @ $679,250 Median Price
Under Contract: 40 Properties @$557,100 Median List Price
Sold: 10 Properties @712,500 Median Price
Pending Average Days on Market: 275

You can view all the homes for sale on Longboat Key at:

http://www.SearchforSarasotaProperties.com

ZIP Code: 34228

Approximate Location Boundaries: The Island of Longboat Key

Location Characteristics: Flanked by beautiful Gulf Beaches on one side and sparkling bay waters on the other side, Longboat Key is one of my favorite places. As soon as you drive onto the Key, you know you've found a special place. One thing I like about it is that there's no commercial signs jumping out at you. The community was so well planned and thought out that all the commercial businesses are well hidden. It just gives the place of sense of serenity and peace. The Luxurious Longboat Key Resort is a popular spot for vacationers as is all of Longboat Key. I favor the north end of the Key which has retained an old Florida flavor. It's hard to describe such a beautiful place. Come see for yourself! You can read more about Longboat Key at my blog: http://www.realtown.com/sales8/blog/communities/longboat-key

For More Information:

View Market Conditions of other areas served by Nicki Conway

Navigate: Top > Florida > Longboat Key

About Nicki Conway:
Take ability, integrity and quality service, and you have the perfect recipe for success. With so many years of experience in real estate and business, Nicki Conway at RE/MAX Properties has earned an impressive reputation by making clients’ needs a top priority.
When you are buying or selling a home, you need a dedicated professional who is experienced, solution orientated, and committed to being the best. Nicki Conway at RE/MAX Properties turns ideas into action by working hard to exceed your expectations



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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