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Venice Market Trends

Today, December 4, 2009

Median Sales Price in Venice

Embed Info
1 yr 5 yr Max
Venice median sales prices
Number of sold homes in Venice
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$385,000-27.1%$475,000$527,942$747,000
2 bedrooms$720,000-18.8%$709,750$886,500$751,750
3 bedrooms$950,000-20.3%$1,025,000$1,192,500$857,000
4 bedrooms$903,000-59.5%$814,958$2,227,000$1,080,000
All properties$781,000-16.0%$735,000$929,513$834,000
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Venice Summary

The median sales price for homes in Venice CA for Aug 09 to Oct 09 was $781,000. This represents an increase of 6.3%, or $46,000, compared to the prior quarter and a decrease of 16% compared to the prior year. Sales prices have depreciated 6.4% over the last 5 years in Venice.

The average listing price for Venice homes for sale on Trulia was $1,417,356 for the week ending Nov 25, which represents an increase of 0%, or $660, compared to the prior week and an increase of 0.3%, or $3,716, compared to the week ending Nov 04. Average price per square foot for Venice CA was $597, a decrease of 29.2% compared to the same period last year.

 

Average Listing Price in Venice

Embed Info
1 yr 5 yr Max
Venice average property price
Venice – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$936,321-14.6%$1,096,723$1,139,558$1,129,370
2 bedrooms$1,089,826+0.8%$1,080,915$1,036,374$1,048,367
3 bedrooms$1,545,441+1.4%$1,524,421$1,539,811$1,553,993
4 bedrooms$2,553,497+0.1%$2,550,512$2,321,976$2,347,050
All properties$1,417,3560.0%$1,416,696$1,393,954$1,413,640
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Average Price Per Sqft for Homes in Venice

Embed Info
1 yr 5 yr Max
Venice average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$485-37.7%$881$778$1,332
2 bedrooms$726-10.6%$663$812$717
3 bedrooms$632-36.4%$661$993$640
4 bedrooms$483-44.2%$387$865$506
All properties$597-29.2%$645$843$729
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Homes for Sale in Venice

985 Indiana Avenue, Venice CA
985 Indiana…
$799,000
3 br  3 ba
2480 Penmar Avenue #4, Venice CA
2480 Penmar…
$455,905
2 br  3 ba
2425 Frey Avenue, Venice CA
2425 Frey…
$1,495,000
3 br  4 ba
1212 Abbot Kinney Boulevard, Venice CA
1212 Abbot…
$7,100,000
9 br  9 ba
1128 5th Avenue, Venice CA
1128 5th A…
$889,000
1 br  1 ½ ba
3004 Pacific Avenue, Venice CA
3004 Pacif…
$1,419,000
 
View all Venice Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Playa del Rey
$465,000
$917,789
Marina del Rey
$582,500
$1,004,506
Santa Monica
$825,000
$1,433,991
Playa Vista
$554,750
$724,004
West Los Angeles
$1,965,000
$634,567
Culver City
$487,498
$582,006
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Advice

Recent Q&A in Venice, CA

Q: How do I get the physical address on a foreclosure, and how do I get to see it before the auction? 3 answers
Q: I'd like to know if it's a good time to buy 7 answers
Q: Have a old property inspection report from listing agent (6 months old from buyer who backed out). Should I spend money on another property? 9 answers
Q: How much credence to give reported concerns of higher cancer risks due to Rocketdyne/Boeing history in Oak Park, California? 1 answer
Q: My husband and I was advised to pay bills that are in collections on our credit to raise our credit score. Will this help or hurt our score? 3 answers

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Nearby Cities Real Estate

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Nearby Cities Home Prices

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Venice Stats & Trends

  • Venice Real Estate Overview
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  • Venice Community Info
  • Venice Home Prices
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Our real estate market trends page gives you a valuable overview of the Venice real estate market. Find Venice properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Venice average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Venice housing statistics are available for each Venice, CA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.