Who Has The Advantage?
Buyers Have More Negotiating Power
6.6 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.6 months to sell the homes currently available.
Real estate term: Months of Supply
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November 2026 Update
Updated November 9, 2026
Longboat Key homes sold for a median of $1,040,000 as of November 9, 2026, down 28.9% from the same 90-day period a year earlier. In Longboat Key, the typical home took 47 days to sell, counting total time on market, and 287 homes were for sale as of November 9, 2026.
See What Your Home Is WorthFlorida Housing Market Update November 9, 2026: Rates at 6-Week Low, Homes Selling Faster
As of November 9, 2026
Weekly activity across Longboat Key, FL.
287
Homes For Sale
Active inventory buyers can choose from
50
New In The Last 30 Days
Listings newly added to the market
39
Price Changes In The Last 30 Days
Homes that changed price this week
31
Went Under Contract
Homes that found a buyer this week
0
Back On Market
Homes returned for sale this week
Buyers Have More Negotiating Power
6.6 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.6 months to sell the homes currently available.
Real estate term: Months of Supply
$1,040,000
Typical Sale Price
$539
Typical Price Per Sq. Ft.
92.7%
Of Asking Price
At Longboat Key's typical close-to-list ratio, a home listed at $500,000 would have sold for about $464,000.
47 days
Typical Time To Sell
7.7%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of November 9, 2026
37.6%
Of Homes For Sale Are Below Their Original Asking Price
2
Price Changes This Week
39
Price Changes In The Last 30 Days
0.7%
Share Of Inventory That Changed Price This Week
$100,000 (7.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Buyers Have More Negotiating Power
6.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.2 months to sell the homes currently available.
Real estate term: Months of Supply
9.1%
Share Of Homes Listed Before
As of November 9, 2026
47.0%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
5
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$200,900 (9.2%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$2.8M -> $2.5M Down 12.0% over the last 12 months
The typical sale price moved from $2,800,000 in Nov 2025 to $2,465,000 in Oct 2026, down $335,000.
A Balanced Market
5.1 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 5.1 months to sell the homes currently available.
Real estate term: Months of Supply
$995,000
Typical Sale Price
$556
Typical Price Per Sq. Ft.
92.5%
Of Asking Price
At Longboat Key's typical close-to-list ratio, a home listed at $500,000 would have sold for about $463,000.
26 days
Typical Time To Sell
9.7%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of November 9, 2026
39.6%
Of Homes For Sale Are Below Their Original Asking Price
2
Price Changes This Week
26
Price Changes In The Last 30 Days
1.3%
Share Of Inventory That Changed Price This Week
$65,000 (7.3%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$987.5K -> $950K Down 3.8% over the last 12 months
The typical sale price moved from $987,500 in Nov 2025 to $950,000 in Oct 2026, down $37,500.
There were not enough recent sales to judge the balance of this market.
0.0%
Share Of Homes Listed Before
As of November 9, 2026
33.3%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
3
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$41,000 (6.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$642.5K -> $775K Up 20.6% over the last 12 months
The typical sale price moved from $642,500 in Nov 2025 to $775,000 in Sep 2026, up $132,500.
There were not enough recent sales to judge the balance of this market.
0.0%
Share Of Homes Listed Before
As of November 9, 2026
50.0%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
2
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$104,550 (12.0%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$735K -> $585K Down 20.4% over the last 12 months
The typical sale price moved from $735,000 in Feb 2026 to $585,000 in Oct 2026, down $150,000.
There were not enough recent sales to judge the balance of this market.
0.0%
Share Of Homes Listed Before
As of November 9, 2026
14.3%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
1
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$20,900 (13.9%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$92.5K -> $82K Down 11.4% over the last 12 months
The typical sale price moved from $92,500 in Nov 2025 to $81,985 in Oct 2026, down $10,515.
The market statistics above describe the Longboat Key market. Enter your property address in Longboat Key, FL for a property-specific estimate based on your home, not the blended market averages.
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Not every home is the same, so if more large or expensive homes sell in a given month, the typical sale price can rise even when the market has not really changed.
2,000 sq ft
Typical Size Of Homes Sold
0.0%
New Construction
Mix By Property Type
What the Florida market is doing, what to watch over the next 60 days, and how to price and sell into it. Every number sourced.
Hosted by James P. Schlimmer, Broker
As of November 9, 2026, the median sale price in Longboat Key was down 28.9% year over year compared with the same 90-day period a year earlier, and active inventory was up 25.3% year over year.
As of November 9, 2026, the median closed sale price in Longboat Key was $1,040,000.
As of November 9, 2026, the typical home in Longboat Key took 47 days to sell, counting total time on market.
As of November 9, 2026, Longboat Key had 6.6 months of supply, which is in the range that tends to favor buyers. As a rule of thumb, under 4 months tends to favor sellers, 4 to 6 is balanced, and over 6 tends to favor buyers. For a property-specific estimate, use the free HomeJam home valuation.
Selling costs depend on your sale price, your mortgage payoff and how you choose to sell. HomeJam's free seller net sheet estimates your net proceeds for a home in Longboat Key, and HomeJam's guided selling option starts at 1% of the sale price.
Market statistics are calculated using MLS data for Longboat Key, FL.
Data is updated weekly. Last updated November 9, 2026.
Listing data provided by participating MLS sources.
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