Market report, updated

Longboat Key Condos $2M+ Market Report

Polygon search having price at least $2,000,000

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Report prepared by Suncoastdreams.com Vince Vizzaccaro, PA

This live report covers Longboat Key condos within the approved island boundary, priced $2,000,000 and above. Vacant land is excluded. Sold listings cover the most recent six months. Active, pending and sold statistics refresh with MLS data.

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Explore Longboat Key neighborhoods · 941-220-4000

Suncoast Dreams Real Estate Team at Fine Properties

Market at a glance

Over the last 6 months, homes sold for 91.3% of list price in 129 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $6.1M Sold · $5.45M
$7.5M$6M$4.5M$3M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 10 sales in Mar. Last month: 1.

Where the market stands

All homes in this report, by status.

59homes
Active28 · 47%
Under contract4 · 7%
Sold (6 mo)27 · 46%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$5.07M
Under contract$3.56M
Sold$3.45M

Average days on market

Active158 days
Under contract150 days
Sold129 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 28
Average list price $5,065,821
Avg. days on market 158 days
Avg. price per ft² $1,510
Avg. living area 3,113 ft²
Avg. beds / baths 2.9 / 3.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$15M$10M$5M$0

Price vs. living area: 28 homes plotted, up to $15M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

1561 Gulf Of Mexico Drive Unit 403$3,045
415 L Ambiance Drive Unit PH-F$2,645
1561 Gulf Of Mexico Drive Unit 304$2,617
1561 Gulf Of Mexico Drive Unit 404$2,496
1591 Gulf Of Mexico Drive Unit 618$2,336
1591 Gulf Of Mexico Drive Unit 413$2,042
1591 Gulf Of Mexico Drive Unit 312$1,991

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1561 Gulf Of Mexico Drive Unit 304Longboat Key, FL 34228 354,967$13,000,000$2,617228 days
415 L Ambiance Drive Unit PH-FLongboat Key, FL 34228 444,912$12,995,000$2,64515 days
1561 Gulf Of Mexico Drive Unit 403Longboat Key, FL 34228 344,187$12,750,000$3,045719 days
1591 Gulf Of Mexico Drive Unit 618Longboat Key, FL 34228 465,350$12,500,000$2,33630 days
1561 Gulf Of Mexico Drive Unit 404Longboat Key, FL 34228 344,967$12,400,000$2,49647 days
1241 Gulf Of Mexico Drive Unit PH1102Longboat Key, FL 34228 353,400$5,995,000$1,7635 days
775 Longboat Club Rd, 1008-1007Longboat Key, FL 34228 443,954$5,500,000$1,3902 days
455 Longboat Club Road Unit 905Longboat Key, FL 34228 342,880$5,295,000$1,83875 days
4127 Gulf Of Mexico Drive Unit N102Longboat Key, FL 34228 343,521$4,700,000$1,334267 days
1591 Gulf Of Mexico Drive Unit 413Longboat Key, FL 34228 232,154$4,399,000$2,042723 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Suncoastdreams.com Vince Vizzaccaro, PA

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