How's the Real Estate Market??

Venice, FL

Single-Family Homes

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



Venice, FL

Wed Oct 20 2021
This week the median list price for Venice, FL is $489,000 with the market action index hovering around 89. This is about the same as last month's market action index of 89. Inventory has increased to 95. 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

Wed Oct 20 2021
This week the median list price for Venice, FL is $489,000 with the market action index hovering around 89. This is about the same as last month's market action index of 89. Inventory has increased to 95. 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 $489,000
Median Price of New Listings $451,198
Per Square Foot $274
Average Days on Market 37
Median Days on Market 7
Price Decreased 28%
Price Increased 2%
Relisted 2%
Inventory 95
Median Rent $4,500
Market Action 89
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. 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
$950,000 2,370 0.25 - 0.5 acre 4 2 31 6 2 35
$642,450 2,237 6,500 - 8,000 sqft 3 2 7 7 7 10
$432,500 1,644 6,500 - 8,000 sqft 3 1 17 14 9 3
$344,500 1,367 8,000 - 10,000 sqft 2 1 43 9 13 10