How's the Real Estate Market??

Venice, FL

Single-Family Homes

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



Venice, FL

Sat Jan 16 2021
This week the median list price for Venice, FL is $349,450 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has held steady at or around 190. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Venice, FL

Sat Jan 16 2021
This week the median list price for Venice, FL is $349,450 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has held steady at or around 190. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Venice market.
Median List Price $349,450
Per Square Foot $192
Days on Market 103
Price Decreased 23%
Price Increased 13%
Relisted 3%
Inventory 190
Median Rent $3,200
Most Expensive $3,500,000
Least Expensive $3,200
Market Action 52
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$666,616 2,594 0.25 - 0.5 acre 3 2 16 4 4 143
$420,000 2,001 6,500 - 8,000 sqft 3 1 5 5 9 62
$285,000 1,574 6,500 - 8,000 sqft 3 1 29 6 13 93
$6,400 1,592 8,000 - 10,000 sqft 2 2 38 2 9 112