How's the Real Estate Market??

Venice, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Venice, FL

Mon Jan 17 2022
This week the median list price for Venice, FL is $549,900 with the market action index hovering around 86. This is less than last month's market action index of 88. Inventory has decreased to 65. Click here to stay informed with the Venice market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Venice, FL

Mon Jan 17 2022
This week the median list price for Venice, FL is $549,900 with the market action index hovering around 86. This is less than last month's market action index of 88. Inventory has decreased to 65. Click here to stay informed with the Venice market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Venice market.
Median List Price $549,900
Median Price of New Listings $425,000
Per Square Foot $309
Average Days on Market 42
Median Days on Market 21
Price Decreased 25%
Price Increased 6%
Relisted 5%
Inventory 65
Median Rent $5,775
Market Action 86
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$962,450 2,300 0.25 - 0.5 acre 3 3 15 2 3 52
$677,450 2,134 8,000 - 10,000 sqft 3 2 19 5 4 31
$475,000 1,604 6,500 - 8,000 sqft 3 2 7 11 8 0
$309,900 1,132 8,000 - 10,000 sqft 2 2 51 11 7 0