Single-Family Homes
Sun Aug 31 2025
This week the median list price for Venice, CA is $2,985,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has decreased to 90.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Median List Price | $2,985,000 | |
Median Price of New Listings | $3,295,000 | |
Per Square Foot | $1,272 | |
Average Days on Market | 127 | |
Median Days on Market | 91 | |
Price Decreased | 30% | |
Price Increased | 2% | |
Relisted | 18% | |
Inventory | 90 | |
Median Rent | ||
Market Action | 30 | |
Slight Seller's Advantage |
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
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 | 3,989 | 4,500 - 6,500 sqft | 4 | 4.5 | 11 | 0 | 2 | 91 |
$3,370,000 | 2,934 | 0 - 4,500 sqft | 4 | 3 | 18 | 4 | 2 | 94 |
$2,595,000 | 1,993 | 0 - 4,500 sqft | 4 | 3 | 73 | 0 | 0 | 98 |
$1,892,500 | 1,146 | 0 - 4,500 sqft | 2 | 2 | 98 | 1 | 0 | 84 |