Market Report
Venice, CA
Single-Family Homes
Chartwell Escrow
Venice, CA
Fri May 09 2025
This week the median list price for Venice, CA is $2,499,999 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has decreased to 89.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Real-Time Market Profile
| Median List Price | $2,499,999 | |
| Median Price of New Listings | $2,997,500 | |
| Per Square Foot | $1,360 | |
| Average Days on Market | 132 | |
| Median Days on Market | 63 | |
| Price Decreased | 42% | |
| Price Increased | 3% | |
| Relisted | 22% | |
| Inventory | 89 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $4,625,000 | 3,460 | 0 - 4,500 sqft | 4 | 4 | 9 | 4 | 2 | 91 |
| $3,199,999 | 2,408 | 0 - 4,500 sqft | 4 | 3 | 62 | 1 | 2 | 73 |
| $2,325,000 | 1,820 | 0 - 4,500 sqft | 3 | 2 | 98 | 3 | 2 | 56 |
| $1,650,000 | 1,010 | 0 - 4,500 sqft | 2 | 1.5 | 75 | 2 | 1 | 63 |