Market Report

Venice, CA 90291

Single-Family Homes

Chartwell Escrow



Venice, CA 90291

Thu Feb 06 2025
This week the median list price for Venice, CA 90291 is $3,198,999 with the market action index hovering around 39. This is an increase over last month's market action index of 34. Inventory has increased to 74. 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.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Venice, CA 90291

Thu Feb 06 2025
This week the median list price for Venice, CA 90291 is $3,198,999 with the market action index hovering around 39. This is an increase over last month's market action index of 34. Inventory has increased to 74. 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.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Venice market.
Median List Price $3,198,999
Median Price of New Listings $2,970,000
Per Square Foot $1,306
Average Days on Market 152
Median Days on Market 77
Price Decreased 22%
Price Increased 3%
Relisted 28%
Inventory 74
Median Rent
Market Action 39
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$5,925,000 4,106 4,500 - 6,500 sqft 3 4 7 2 2 80
$3,649,500 2,987 4,500 - 6,500 sqft 4 3.5 14 3 3 112
$2,600,000 2,112 0 - 4,500 sqft 3 3 97 5 5 42
$1,650,000 1,010 0 - 4,500 sqft 2 1.5 95 4 8 77