FAIRWAY BAY 1 in LONGBOAT KEY

FAIRWAY BAY 1
Homes for Sale in LONGBOAT KEY, FL

Community in LONGBOAT KEY · Sarasota County · ZIP 34228
27 homesBuilt 1985–1985Median sale $560K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
23/100
Market Heat
Cooler than normal
2013 → 2026 · 88 at the 2022 peak
0 is FAIRWAY BAY 1's coldest market since 2013, 100 its hottest. Today: 23. How it's scored
Built fromLive Stellar MLS data18 years of closingsFL DOR public recordsUpdated twice daily
Live · FAIRWAY BAY 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$560K
Median sold · 12 mo
down 23.7% vs the prior 12 months
-23.7%
1-yr price change
n = 10 and 10 sales in the two windows
$399/sf
Sold $/sqft · 12 mo
peak $560 in 2024
81.2%
Sale vs ask
+46%
T12M median vs 2012
from a $384K median in 2012
Tempo
125days
Median DOM · closed
4 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
10
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
37%
Owner-occupied · FAIRWAY BAY 1
10 of 27 parcels homesteaded (FL DOR 2025)
63%
Non-owner-occupied · FAIRWAY BAY 1
incl. 22% trust or LLC-held · 37% out-of-state
80%
Cash buyers · FAIRWAY BAY 1
8 of 10 sales, 12 mo ending June 2026
27
Homes in the community
27 residential parcels (FL DOR 2025)
Track record · 18 years of records
Est. 1985
Community established
homes built 1985-1985, median 1985 (FL DOR 2025)
6
Failed listings · 2026
peaked at 10 in 2011
1,516sqft
Median sold home size
12-mo windows, closed sales
37.0%/yr
Turnover rate
about 10 of 27 homes trade a year
FAIRWAY BAY 1 Housing Pulse · Momentum Research · as of August 2, 2026

FAIRWAY BAY 1 right now

🔴 Off the recent peak. The trailing-12-month median ($560K) is down 23.7% from the prior 12 months ($734K) and up 46% since 2012. With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (10 and 10 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

FAIRWAY BAY 1 market snapshot (as of August 2, 2026): the median sale price is about $560K ($399 per sq ft over the trailing 12 months of closed sales), and a median 125 days on market for closed sales. The trailing-12-month median is down 24% from the prior 12 months and up 46% since 2012, computed from record-level Stellar MLS closed sales (10 closings in the current window).

FAIRWAY BAY 1 is a community of 27 homes in LONGBOAT KEY, Sarasota County, built between 1985 and 1985 (median 1985), with a median living area of about 1,868 square feet. 37% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 12 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2008 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K$800K20122014201620182020202220242026
Down 23.7% year over year; up 46% since 2012.
Every sale since 2008 · price vs size
$0$500K$1M2k2k2k
100 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$300$400$50020122014201620182020202220242026
Up from $258 in 2012 to a $560 peak in 2024; $399 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
4 days at the 2022 low; 125 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
81.2% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 12 a year; 10 in the current window.
Sellers who gave up · failed listings per year
0510200820122016202020242026
Canceled, expired, or withdrawn. 10 quit in 2011; 6 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142016202220242026
88 at the 2022 peak, 17 in the troughs, 23 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Sarasota County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,437/mo
Sarasota County typical true cost to own
$177/mo
Sarasota County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Fairway Bay Market Scorecard

Thin data

Fairway Bay is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in FAIRWAY BAY 1, LONGBOAT KEY

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 126 listings

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Schools

In short
  • Sarasota County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Sarasota County Public Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent FAIRWAY BAY 1 listings and can change; always confirm with Sarasota County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any FAIRWAY BAY 1 address.

If we were buying in FAIRWAY BAY 1 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in FAIRWAY BAY 1.

A closer look at the FAIRWAY BAY 1 market

At a median of $399 per square foot, FAIRWAY BAY 1 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 24% year over year. Homes that do trade take a median 125 days on market, useful leverage on any listing that has lingered.

The housing stock is 27 homes built around 1985, and 37% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in FAIRWAY BAY 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
2.2D · Buy Score
Long-Term Appreciation4.8/10
Recent Direction0.1/10
Owner Commitment3.7/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (2.2). Basis: Long-Term Appreciation +46% since 2012; Recent Direction -23.7% year-over-year; Owner Commitment 37% owner-occupied; Pricing Power 81.2% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed FAIRWAY BAY 1 sales matched to your home.

What is your FAIRWAY BAY 1 home worth?

Get a no-obligation home value based on real comparable sales in FAIRWAY BAY 1, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in FAIRWAY BAY 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in FAIRWAY BAY 1?
The median sale price in FAIRWAY BAY 1 was $560K over the 12 months ending August 2, 2026 (10 closed sales, Stellar MLS).
How long do homes in FAIRWAY BAY 1 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 125 days on market (10 sales, Stellar MLS).
How many homes are in FAIRWAY BAY 1?
The Florida DOR 2025 assessment roll shows 27 homes in FAIRWAY BAY 1 (public records).
What share of FAIRWAY BAY 1 is owner-occupied?
37% of FAIRWAY BAY 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in FAIRWAY BAY 1 built?
Homes in FAIRWAY BAY 1 were built between 1985 and 1985, with a median year built of 1985 (FL DOR 2025 roll).
Do cash buyers compete in FAIRWAY BAY 1?
Cash buyers took 80% of FAIRWAY BAY 1 sales in the 12 months ending June 2026 (8 of 10 closings, Stellar MLS).
Have FAIRWAY BAY 1 home prices gone up?
The trailing-12-month median is up 46% since 2012, from $384K to $560K (Stellar MLS closed records).
What schools serve FAIRWAY BAY 1?
FAIRWAY BAY 1 is served by Sarasota County Public Schools, typically Sarasota County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for FAIRWAY BAY 1?
The best agent for FAIRWAY BAY 1 is one who actively works LONGBOAT KEY and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for FAIRWAY BAY 1.
How do I find a top LONGBOAT KEY real estate agent who knows FAIRWAY BAY 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows FAIRWAY BAY 1 and the wider LONGBOAT KEY area.
Can Momentum Realty connect me with an agent for FAIRWAY BAY 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your FAIRWAY BAY 1 purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near FAIRWAY BAY 1 with Momentum Realty’s local guides.

Fairway Bay 3LONGBOAT KEY, FL · 0.0 mi8177 Longboat Key Moorings Marina 2LONGBOAT KEY, FL · 0.9 miNeptune On Longboat KeyLONGBOAT KEY, FL · 1.1 miBeachplace ILONGBOAT KEY, FL · 1.2 miSeaplace ILONGBOAT KEY, FL · 1.4 miSanctuary ILONGBOAT KEY, FL · 2.0 miCountry Club ShoresLONGBOAT KEY, FL · 2.3 miEmerald Pointe SouthLONGBOAT KEY, FL · 2.4 mi

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Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 30, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2008 (100 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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