Know the type: In a buyer's market, more inventory means better deals; in a seller's market, limited homes drive up prices. Stay informed: Median sale prices in Longboat Key rose 41.7% year-over-year for condos, reflecting a strong seller's market currently. For buyers: Be ready to act fast with competitive offers. For sellers: Price strategically to maximize sale potential in the current market. Need expert help navigating Longboat Key’s real estate market? Contact David for personalized advice whether buying or selling.