How much do homes in Longboat Key, FL cost?

Median List Price

$898,857

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$103,857(+13.1%)

Key Takeaway

The list price of homes in Longboat Key has increased by 13.1% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $327K$454.5K+39.0%
2 $574K$674.9K+17.6%
3 $996.5K$1.2M+27.3%
4 $1.6M$2.7M+65.7%
5+ $2.4M$2.7M+9.2%

Median List Price Compared To Nearby Cities

Longboat Key
+18.4%
Longboat Key
+13.1%
Sarasota
-5.4%

How many homes are available in Longboat Key, FL?

Number of Homes For Sale

Apr 2021May 2021%
171124-27.5%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 1815-16.7%
2 7555-26.7%
3 6443-32.8%
4 1210-16.7%
5+ 21-50.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
260 Days116 Days-55.1%

Breakdown of Home Sale Times

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About Longboat Key, FL

Number of homes for sale in Longboat Key, FL real estate market have reached 124.

Listings spent 116 days on the market in May 2021, and had a median list price of $898,857 during the same period.

This housing market listing prices have changed between April 2021 and May 2021: 1 bedroom properties prices increased by 39%, 2 bedrooms properties became 17.6% more expensive, 3 bedrooms properties prices increased by 27.3%, prices of 4 bedrooms properties increased by 65.7%, the cost of 5 bedrooms properties went up by 9.2%.

In May 2021 in Longboat Key, FL there were 27.5% less homes for sale than in April 2021.

Volume of homes for sale changed: 1 bedroom homes became 16.7% less available, 2 bedrooms homes inventory decreased by 26.7%, 3 bedrooms homes inventory decreased by 32.8%, 4 bedrooms homes became 16.7% less available, volume of 5 bedrooms homes went dowm by 50%.

While more than 14 listings in Longboat Key, FL in May 2021 were sold above asking price, there were more than 14 listings sold at asking price, and more than 15 were sold below.

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