Market Report

Venice, CA 90291

Single-Family Homes

Chartwell Escrow | 310.740.1708



Venice, CA 90291

Tue Oct 20 2020
This week the median list price for Venice, CA 90291 is $2,675,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 127. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Venice, CA 90291

Tue Oct 20 2020
This week the median list price for Venice, CA 90291 is $2,675,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 127. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Venice market.
Median List Price $2,675,000
Per Square Foot $1,222
Days on Market 104
Price Decreased 44%
Price Increased 2%
Relisted 19%
Inventory 127
Median Rent $7,625
Most Expensive $11,000,000
Least Expensive $895,000
Market Action 33
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$5,300,000 3,918 0 - 4,500 sqft 4 5 12 0 2 120
$3,195,444 2,971 0 - 4,500 sqft 4 4 13 4 2 105
$2,397,000 1,823 0 - 4,500 sqft 3 3 69 4 6 93
$1,723,500 1,372 0 - 4,500 sqft 2 2 83 2 7 99