How's the Real Estate Market??

Venice, FL

Single-Family Homes

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



Venice, FL

Wed Jul 06 2022
This week the median list price for Venice, FL is $549,000 with the market action index hovering around 74. This is less than last month's market action index of 85. Inventory has increased to 184. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Wed Jul 06 2022
This week the median list price for Venice, FL is $549,000 with the market action index hovering around 74. This is less than last month's market action index of 85. Inventory has increased to 184. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $549,000
Median Price of New Listings $549,900
Per Square Foot $308
Average Days on Market 33
Median Days on Market 21
Price Decreased 45%
Price Increased 3%
Relisted 2%
Inventory 184
Median Rent
Market Action 74
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$911,950 2,367 0.25 - 0.5 acre 3 3 19 8 5 28
$604,925 1,981 8,000 - 10,000 sqft 3 2 25 14 2 7
$489,450 1,583 6,500 - 8,000 sqft 3 2 27 12 7 14
$350,000 1,272 8,000 - 10,000 sqft 2 2 49 9 10 31