The Sarasota FL real estate market is still experiencing a buyer's market. There are deals out there and some buyers plan to make their purchase before the end of 2009.  Many desperate owners who have caved into the pressure of this real estate market have lowered their prices considerably and dumped their properties. Some sellers have sold their homes for less than what they owe ("short sale") or been forced into foreclosure. Properties priced correctly and at good values are now good buys even though they don't seem to be what most buyers call a "deal." Once again, we remind you that you don't have to buy a short sale or a foreclosure on Longboat Key or Sarasota to get a deal!

The Sarasota MLS has listings of over 155 single family homes for sale on Longboat Key. There's quite a selection of available properties for someone who wants a home or condo on Longboat Key.  Below are some examples of homes and condos under $1 Million on Longboat Key.

Under $1 Million Single Family Homes:

Country Club Shores: 2 bedrooms, 2 baths -- $449,000

Bayview Estates: 3 bedrooms, 2 baths -- $485,000

Bay Isles: 2 bedrooms, 2 baths -- $499,000

Conrad Beach: 3 bedrooms, 2 baths -- $365,000

Emerald Harbor - 3 bedrooms, 2 baths -- $990,000

Under $1 Million Condos

Seaplace: 2 bedrooms, 2 baths -- $315,000

Fairway Bay: 2 bedrooms, 2 baths -- $369,000

Islander Club: 2 bedrooms, 2 baths -- $419,000

Beaches: 3 bedrooms, 3 baths -- $425,000

Sanctuary: 3 bedrooms, 2 1/2 baths -- $849,000

Grand Bay: 2 bedrooms, 2 baths -- $675,500

Homes and condo prices have come down considerably since the highs of 2005 and 2006. Prices of these properties are now close to prices of 2003 and 2004. For more information on on Sarasota FL real estate, visit our main website and search for Longboat Key real estate to find your dream house at the beach.

Check out the condos behind the gates of the Longboat Key Club such as Privateer, Sanctuary and Beaches for top amenities.