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The real estate pricing report for L'Ambiance on Longboat Key is designed to help sellers and buyers of these luxury beachfront condos obtain a sense of value in the current market. While the first focus is on price, the next analysis should be price per square foot of the recent sales. Waterfront condo values are primarily influenced by the quality of the view. This means the higher the floor, the higher the cost. Beach views are generally worth more than a preserve, bay, or parking lot view. This not only shows up in the price but explains the differences in price per square foot. Obviously, updated and larger units sell for more but the per square foot price speaks to value.
Market flow, or market balance should also be noted. This is the number of recent sales and under contract listings compared to the active listings. Our report goes back one-year for the sales and is organized by the most recent sale first. We update this report several times an hour so you are assured to have the most up to date information available. If having this updated report delivered to your inbox has appeal, be sure to use the buttons at the top of this page to set that up. We also provide you with new listings, price changes, under contract and sold listings as they happen between reports.
Our instant valuation tool is another great source of pricing information if there is a specific unit you have in mind to buy or sell. While helpful, no computer generated pricing should be used standalone. A seasoned professional with extensive time in the local Longboat Key real estate market should be consulted to take into account all of the unique features of that residence. We at Sarasota Real Estate Group average experience in the local market for nearly two decades.
We are always happy to answer your questions and look forward to helping you to a smooth and rewarding transaction. Call or email us. We always work to make sure you are happy that you did!