FAIRWAY BAY 3 in LONGBOAT KEY

FAIRWAY BAY 3
Homes for Sale in LONGBOAT KEY, FL

Community in LONGBOAT KEY · Sarasota County · ZIP 34228
Median sale $732K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data15 years of closingsUpdated twice daily
Live · FAIRWAY BAY 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$732K
Median sold · 12 mo
down 18.6% vs the prior 12 months
-18.6%
1-yr price change
n = 6 and 3 sales in the two windows
$360/sf
Sold $/sqft · 12 mo
peak $537 in 2024
93.4%
Sale vs ask
Tempo
26days
Median DOM · closed
2 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
71%
Cash buyers · FAIRWAY BAY 3
5 of 7 sales, 12 mo ending June 2026
Track record · 15 years of records
2
Failed listings · 2026
peaked at 10 in 2024
2,039sqft
Median sold home size
12-mo windows, closed sales
FAIRWAY BAY 3 Housing Pulse · Momentum Research · as of August 2, 2026

FAIRWAY BAY 3 right now

🔴 Off the recent peak. The trailing-12-month median ($732K) is down 18.6% from the prior 12 months ($900K). With about 2 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: Low (6 and 3 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 3 market snapshot (as of August 2, 2026): the median sale price is about $732K ($360 per sq ft over the trailing 12 months of closed sales), and a median 26 days on market for closed sales. The trailing-12-month median is down 19% from the prior 12 months, computed from record-level Stellar MLS closed sales (6 closings in the current window).

Windows contain 0 to 6 sales each (6 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 2011 through 2026. Deemed reliable but not guaranteed.

Every sale since 2011 · price vs size
$0$500K$1M$1.5M2k2k
35 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 6 in the current window.
Sellers who gave up · failed listings per year
05102012201820242026
Canceled, expired, or withdrawn. 10 quit in 2024; 2 so far in 2026. The clearest stress gauge a community has.

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 III Market Scorecard

Thin data

Fairway Bay III 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 3, 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 125 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 3 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 3 address.

If we were buying in FAIRWAY BAY 3 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 3.

A closer look at the FAIRWAY BAY 3 market

At a median of $360 per square foot, FAIRWAY BAY 3 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 19% year over year. Homes that do trade take a median 26 days on market, useful leverage on any listing that has lingered.

The location and the amenities are priced into every listing in FAIRWAY BAY 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 3 sales matched to your home.

What is your FAIRWAY BAY 3 home worth?

Get a no-obligation home value based on real comparable sales in FAIRWAY BAY 3, 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 3 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in FAIRWAY BAY 3?
The median sale price in FAIRWAY BAY 3 was $732K over the 12 months ending August 2, 2026 (6 closed sales, Stellar MLS).
How long do homes in FAIRWAY BAY 3 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 26 days on market (6 sales, Stellar MLS).
Do cash buyers compete in FAIRWAY BAY 3?
Cash buyers took 71% of FAIRWAY BAY 3 sales in the 12 months ending June 2026 (5 of 7 closings, Stellar MLS).
What schools serve FAIRWAY BAY 3?
FAIRWAY BAY 3 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 3?
The best agent for FAIRWAY BAY 3 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 3.
How do I find a top LONGBOAT KEY real estate agent who knows FAIRWAY BAY 3?
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 3 and the wider LONGBOAT KEY area.
Can Momentum Realty connect me with an agent for FAIRWAY BAY 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your FAIRWAY BAY 3 purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near FAIRWAY BAY 3 with Momentum Realty’s local guides.

Fairway Bay 1LONGBOAT KEY, FL · 0.0 mi8177 Longboat Key Moorings Marina 2LONGBOAT KEY, FL · 1.0 miNeptune On Longboat KeyLONGBOAT KEY, FL · 1.1 miBeachplace ILONGBOAT KEY, FL · 1.2 miSeaplace ILONGBOAT KEY, FL · 1.4 miSanctuary ILONGBOAT KEY, FL · 1.9 miCountry Club ShoresLONGBOAT KEY, FL · 2.4 miEmerald Pointe SouthLONGBOAT KEY, FL · 2.4 mi

Browse all Florida neighborhood guides →

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
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 2011 (35 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 →

What’s your home worth in your area?

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More Longboat Key & Sarasota County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Sarasota County or the full Neighborhood Finder.

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