Price Reductions in Oyster Bay, Downtown Sarasota, and Longboat Key

Price Reductions in Oyster Bay, Downtown Sarasota, and Longboat Key

  • Lisa Rooks Morris
  • 01/17/24

Several of our luxury listings have just improved in price, offering enhanced value to affluent home seekers in Downtown Sarasota, West of Trail, and on Longboat Key and Lido Key. These homes comprise both single-family and condo living with luxury features and amenities and distinctive architecture. Though high season has brought increased activity to Sarasota's real estate market as part-time residents and visitors boost the seasonal population, the market dynamics have shifted to a much slower pace than what we've observed over the past three years. The reality for sellers is that sales are now taking significantly longer because buyers are operating with more choice and less urgency. The good news for sellers in all neighborhoods and price bands is that appreciation continues to trend up strongly as Sarasota's popularity for relocation continues to grow. 

Explore recently reduced listings in full or contact us at [email protected] for specific inquiries. We are committed to offering both buyers and sellers the greatest value in each transaction. 

The Mark #506 | newly reduced to $2,300,000

Downtown Sarasota oasis with enormous outdoor living space


Orchid Beach Club B704 | newly reduced to $3,995,000

Beachfront and recently renovated with spacious layout and three terraces on Lido Key


Orchid Beach Club A601 | newly reduced to $3,550,000

Beachfront and amenity rich with stately style on Lido Key


Sage LBK 102 | newly reduced to $5,900,000

Ultra-luxury Longboat Key beachfront new construction never-before-occupied


1331 Quail Drive | newly reduced to $2,495,000

Rare opportunity to acquire original Sarasota School of Architecture in Oyster Bay


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The LRM Group draws on extensive luxury marketing experience and legacy relationships to offer unique value to distinguished clients. Consistently ranking among the highest producers in Sarasota, we attribute our success to unparalleled market insight, constant attention to detail, and rigorous commitment to our clients' priorities.

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