Valid question still -- it varies from property to property.
Finishes matter. Amenities.
We have seen more sales at some lower price per square foot. Less inventory and fewer buyers. With the loss of some of the tax breaks this year in buyers overall picture -- I believe we are seeing some folks restructure their finances.
Additional consultation with your CPA will help balance our opportunity with what's right for you. Profit taking in the markets may very well set you up for a premium property at a real advantageous price.
Sandra LaFlamme, Realtor
Like many markets, Longboat Key has seen a loss of value. Compared with other areas, however, we have done well. Inventory is now at 8 months supply of listed properties. Six months inventory is the threshold between a buyers and sellers market. That is a key indicator of market action. I would be happy to send you the latest Trend Graphics information that will give you the most accurate data.
I see that you are a fellow real estate professional. I happily pay referrals if you send me customers interested in this market. I serve all the Sarasota islands, downtown and the bayfront. You can be assured they will be well served with my experience and five years receiving the Five-Star Customer Service Award.
Louise Hamel, Realtor, GRI
Michael Saunders & Co.
Good Luck in your search, If I may be of assistance, please contact me:
my office is on the circle, 330 John Ringling Blvd
Long Boat Key is a fabulous place! We purchased a place there in 2001 for 400K and it doubled in value. We have lost a little market value over the past 12 months, but we will always be ahead of the curve there. I personally think Long Boat Keys will always hold there value.
Please visit our web site to learn more about our business. We have a very good colleague in Long Boat that we trust.
If you are ever looking for property else where, please contact us.
The Schaffer Realty Group