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What is the trend of prices since 2008 in Longboat Key, FL. Have prices fully recovered?

  • December 16 2012 - Longboat Key
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Answers (2)

SIlverhaas:

If you want real information used by bank lenders and mortgage appraisers, please contact me for sales data for Longboat Key FL from the MLS.  Zillow data is notoriously inaccurate for a number of reasons.

Prices in our area have generally bottomed out.  Prices are thought to be around 2003 levels, before the real estate bubble.  The barrier islands, such as Siesta Key and Longboat Key, had fewer distressed properties to start with, and recovered more quickly due to demand.
  • December 17 2012
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Profile picture for wetdawgs
If you click on "local info" in the top line, you can type in areas to see the trends of the community.     If you are asking if the prices are the same as they were at the crazy peak of 2005/2006, then answer is no. 
  • December 16 2012
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