Here is the Market Analysis for Venice, CA. For questions or more information please contact Kim & Kristine Halverson at 310-737-8173 or info@kimandkristine.com

   Market Absorption Trend: VENICE

*Single family homes only
How is YOUR neighborhood faring in this market?
Market Activity in the Past-12 Months6 Months3 Months
Closed Transactions:22211652 
Average Homes Sold Per Month:18.5019.3317.33 
     
Listings  Active on MLS:383838 
Months of Supply on Market:2.051.972.19 
     
Average List Price:$1,730,128$1,860,317$1,816,057 
Average Sales Price:$1,715,582$1,848,373$1,811,583 
Average Days on the Market:585246 
Average List to Sales Price: 99.16%99.36%99.75% 
SOLD SF DATA:    
Average square footage1,8021,9091,746 
Average price per square foot $    952.28 $    968.33 $    1,037.65
There are currently 12 homes under Contract in Venice, included in data.
Market Absorption Analysis:
                                                      6 Months Supply = Balanced Market
                                             Less than 6 Months Supply is Sellers Market
                                            More than 6 Months Supply is Buyers Market
Please note:  Data provided by CMLS is deemed reliable but, is not guaranteed.22-Sep-14
Active Average List Price$2,083,155Average Price Per SF$1,033.38
Average Active Square Footage2,020Average Days on Market64
UNDER CONTRACT Average List Price$1,321,408Average Price Per SF$637.75
Average Active Square Footage2,072Average Days on Market37

 

 

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