Venice Market Trends


Median Sales Price in Venice

 

1 yr 5 yr Max
Venice median sales prices
Number of sold homes in Venice
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Venice $1,752,500 +34.4% $1,652,000 $1,303,506 $940,000
Los Angeles $630,000 +8.8% $570,000 $579,000 $365,000
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Summary for Venice


The median sales price for homes in Venice for Feb 15 to May 15 was $1,752,500. This represents an increase of 6.1%, or $100,500, compared to the prior quarter and an increase of 34.4% compared to the prior year. Sales prices have appreciated 86.4% over the last 5 years in Venice, Los Angeles. The median sales price of $1,752,500 for Venice is 178.17% higher than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Venice was $2,003,579 for the week ending May 27, which represents a decline of 1.2%, or $25,121 compared to the prior week and a decline of 7.3%, or $156,775, compared to the week ending May 06. Average price per square foot for homes in Venice was $1,255 in the most recent quarter, which is 135.46% higher than the average price per square foot for homes in Los Angeles.

Average Listing Price in Venice

 

Venice average property price
Venice – number of properties
Neighborhood Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Week ending
May 6
Venice $2,003,579 -1.2% $2,028,700 $2,090,206 $2,160,354
Los Angeles $1,735,997 -0.8% $1,749,659 $1,721,722 $1,698,057
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Average Price Per Sqft. for Homes in Venice

 

1 yr 5 yr Max
Venice average price per square foot
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Venice $1,255 +18.5% $1,200 $1,059 $703
Los Angeles $533 +12.7% $499 $473 $323
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Popular Neighborhoods in Los Angeles


Neighborhoods Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Hollywood Hills 1 1 1
Brentwood 2 +1 3 2
Bel Air 3 -1 2 3
Westwood 4 4 4
Mid City 5 +1 6 6
Greater Wilshire / Hancock Park 6 -1 5 5
Stats & Trends
Homes for Sale in Venice
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