Longboat Key, FL

Buyer's market+15.5% YoY

Housing market overview · Updated weekly

$1.00Mmedian sale price

Homes sold

39

Last 12 weeks

Days on market

76

Average pace

Active listings

361

9.3 months supply

Sale-to-list

93.0%

Below asking

The Longboat Key housing market is currently classified as a buyer's market with a median sale price of $1.00M. Prices have risen 15.5% compared to last year, with homes spending an average of 76 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Longboat Key

There are currently 361 homes listed for sale in Longboat Key, Florida. The median listing price is $1.3M.

Active listings

361

Homes on market

Median list price

$1.3M

Avg. days on market

76

Days until sale

New this week

80

Newly listed

Price drops:31.9%of listings
Sale-to-list:93.0%

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Frequently asked questions

What is the average home price in Longboat Key?

The median home sale price in Longboat Key is $1.00M, up 15.5% from last year.

How long do homes stay on market in Longboat Key?

Homes typically spend 76 days on market before going under contract.

Is Longboat Key a buyer's or seller's market?

With 9.3 months of supply, Longboat Key is currently a buyer's market.

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