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.