Venice Market Trends


Median Sales Price in Venice

 

1 yr 5 yr Max
Venice median sales prices
Number of sold homes in Venice
Neighborhood Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
Venice $1,653,500 +39.5% $1,350,000 $1,185,000 $875,500
Los Angeles $560,000 +9.8% $590,000 $510,000 $350,000
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Summary for Venice


The median sales price for homes in Venice for Nov 14 to Feb 15 was $1,653,500. This represents an increase of 22.5%, or $303,500, compared to the prior quarter and an increase of 39.5% compared to the prior year. Sales prices have appreciated 88.9% over the last 5 years in Venice, Los Angeles. The median sales price of $1,653,500 for Venice is 195.27% higher than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Venice was $2,349,675 for the week ending Feb 18, which represents a decline of 0.2%, or $4,200 compared to the prior week and an increase of 8%, or $173,405, compared to the week ending Jan 28. Average price per square foot for homes in Venice was $1,345 in the most recent quarter, which is 175.05% 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
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
Week ending
Jan 28
Venice $2,349,675 -0.2% $2,353,875 $2,230,256 $2,176,270
Los Angeles $1,485,949 +1.6% $1,462,030 $1,387,996 $1,386,207
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Average Price Per Sqft. for Homes in Venice

 

1 yr 5 yr Max
Venice average price per square foot
Neighborhood Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
Venice $1,345 +55.5% $1,134 $865 $624
Los Angeles $489 +14.0% $765 $429 $315
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Popular Neighborhoods in Los Angeles


Neighborhoods Week ending
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
Hollywood Hills 1 1 1
Bel Air 2 2 2
Brentwood 3 3 3
Silver Lake 4 4 4
Westwood 5 +3 8 7
West Los Angeles 6 6 6
Stats & Trends
Homes for Sale in Venice
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