However one analyzes the current housing trends in the Sarasota area, the conclusion is the same it’s a seller’s market on Longboat Key and this shows no sign of slowing. The idea of a “slow season” is a thing of the past. Realtors® used to be busiest during the winter months, what we once called “the Season”. That is no longer the case. The past few summers have been as busy as the high season. All of this is happening without the addition of international buyers who have had restrictions on travel because of the pandemic. I expect this buyer group to return this season adding to market demand.
Where is the market heading? My guess for this coming season is that it will continue to be a seller’s market on Longboat Key and the demand will continue. What we can bank on is the fundamentals that created the foundation of attractiveness and desirability in the Sarasota and Longboat Key market will only continue to grow. If you are thinking of selling or buying, please call me. I know your local market inside and out and can help you weigh both your personal and financial motivations.
Happy Thanksgiving to you and yours!
MARKET SUMMARY – SINGLE FAMILY HOMES – LONGBOAT KEY Click here for full report.
CONDOMINIUMS / TOWNHOMES – LONGBOAT KEY Click here for full report.
CONDOMINIUMS – DOWNTOWN SARASOTA Click here for full report.
Featured Listings
5BR/5.5BA/5-CAR GARAGE * 6,062 SF * $6,995,000
Expansive, beautifully appointed residence with 156′ of prime deep-water frontage and 5-car garage.
2BR+DEN/2BA * 2,031 SF * $1,195,000
A gorgeous panorama of Sarasota Bay and the city skyline serves as the dramatic backdrop for this beautifully remodeled, furnished residence in Fairway Bay.
Recently Sold Listings
New Construction
Fueled by demand for the Florida Lifestyle, there has been a surge of builders and developers bringing new construction homes and condominiums to the market here in Sarasota. In addition, the healthy economy and hot real estate market are other factors supporting the number of homes for sale. New construction is an attractive choice. They are designed for the modern lifestyle, featuring the latest innovations and gadgets. But when considering a new build, it’s important to remember that there are pitfalls to avoid. Read our latest blog or more.
