Penthouses for Sale in Longboat Key, Longboat Key FL

309↓

Active

35 new (30d) -22.0%

55→

Pending

15.1% absorption

8.4↑

Mos. Inventory

Balanced

$950K↓

Median Ask

new: $885K prev: $1.23M

134d↑

Avg Days Listed

active listings avg

$619↓

Avg $/sqft

new 30d · prev: $879

13%↓

Price Cuts (30d)

50% have any cut

93.5%↓

Sale/List (30d)

prev 30d: 94.2%

$1.36M↑

Median Sale (30d)

prev 30d: $907K

🔮 90-Day Price Outlook

📉 Prices likely to soften

Elevated inventory Falling $/sqft Buyers gaining leverage Extended time on market

Algorithmic estimate based on current MLS signals — not financial advice.

117↓

Active

10 new (30d) -29.0%

15↓

Pending

11.4% absorption

11.6↑

Mos. Inventory

Buyer's mkt

$1.78M↓

Median Ask

new: $2.30M prev: $2.42M

150d↑

Avg Days Listed

active listings avg

$863↓

Avg $/sqft

new 30d · prev: $1101

9%↓

Price Cuts (30d)

45% have any cut

91.6%↓

Sale/List (30d)

prev 30d: 92.3%

$2.60M↑

Median Sale (30d)

prev 30d: $2.39M

🔮 90-Day Price Outlook

📉 Prices likely to soften

High inventory Soft buyer demand Falling $/sqft Buyers gaining leverage

Algorithmic estimate based on current MLS signals — not financial advice.

192↓

Active

25 new (30d) -19.0%

40→

Pending

17.2% absorption

7.2↑

Mos. Inventory

Balanced

$784K↓

Median Ask

new: $625K prev: $1,000K

124d↑

Avg Days Listed

active listings avg

$514↓

Avg $/sqft

new 30d · prev: $767

16%↓

Price Cuts (30d)

53% have any cut

94%↓

Sale/List (30d)

prev 30d: 94.9%

$870K↑

Median Sale (30d)

prev 30d: $788K

🔮 90-Day Price Outlook

📉 Prices likely to soften

Elevated inventory Falling $/sqft Buyers gaining leverage Extended time on market

Algorithmic estimate based on current MLS signals — not financial advice.

All metrics use rolling 30-day windows. Closed sale data uses actual close date where available, or last-modified date as a proxy for historical records. Refreshes every 6 hours.

📍 Longboat Key, Longboat Key

Longboat Key is a pristine barrier island enclave with immaculate beaches, luxury high-rises, private estates, and boutique golf clubs — Sarasota's most exclusive Gulf-front community.

Showing 2 penthouses for sale in Longboat Key