h1

Ocean View Condominiums

June 12, 2008

Longboat Beachcomber Condominium

As sales activity continues to improve the inventory levels on Longboat Key, Lido Key and Siesta Key are declining.  Because inventories are still at elevated levels good deals can be made.  Soon the market will have recovered and sellers will have less motivation to sell.  Now is a great time to be looking for a deal on a condominium with a view of the Gulf of Mexico.

Longboat Key
Currently there are 421 condominiums for sale on Longboat Key at an average price of $903,032.  Since the beginning of this year 131 condominium units have been sold at an average selling price of $804,637.  Additionally there are 22 condominium sales pending on Longboat Key.  Of the 421 units for sale only 144 have full views of the waters of the Gulf of Mexico.  These properties range in price from $299,000 to $3,950,000.  The average is $1,239,826.

Lido Key
Currently the are 113 condominiums for sale on Lido Key at an average price of $1,319,286.  Since the beginning of this year 25 condominium units have been sold at an average selling price of $1,462,304.  Additionally there are 7 condominium sales pending on Lido Key.  Of the 113 units for sale only 46 have full views of the waters of the Gulf of Mexico.  These properties range in price from $369,000 to $7,250,000.  The average is $1,764,974.

Siesta Key
Currently the are 499 condominiums for sale on Siesta Key at an average price of $758,886.  Since the beginning of this year 121 condominium units have been sold at an average selling price of $595,221.  Additionally there are 41 condominium sales pending on Siesta Key.  Of the 499 units for sale only 126 have full views of the waters of the Gulf of Mexico.  These properties range in price from $300,000 to $2,950,000.  The average is $1,046,819.

For more information on each of the condominium developments of Longboat, Lido, and Siesta Key visit:

Advertisements

One comment

  1. This is really a great tool. There is a lot of information there to look at. I have been looking for for property in the area and it is really great to find something to lay it out and help. I have also found another website that shows all the Sarasota homes and I found it to be incredibly helpful. It shows all the properties listed in a way I can understand. Thanks for all the great information here.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: