Venice Market Trends


Median Sales Price in Venice

 

1 yr 5 yr Max
Venice median sales prices
Number of sold homes in Venice
Neighborhood Aug - Nov '14 y-o-y 3 months prior 1 year prior 5 years prior
Venice $1,350,000 +3.7% $1,487,500 $1,301,500 $899,000
Los Angeles $585,000 +6.6% $559,000 $549,000 $355,000
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Summary for Venice


The median sales price for homes in Venice for Aug 14 to Nov 14 was $1,350,000. This represents a decline of 9.2%, or $137,500, compared to the prior quarter and an increase of 3.7% compared to the prior year. Sales prices have appreciated 50.2% over the last 5 years in Venice, Los Angeles. The median sales price of $1,350,000 for Venice is 130.77% higher than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Venice was $2,130,891 for the week ending Nov 12, which represents a decline of 6.8%, or $156,464 compared to the prior week and a decline of 1.8%, or $39,053, compared to the week ending Oct 22. Average price per square foot for homes in Venice was $1,148 in the most recent quarter, which is 45.87% 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
Nov 12
w-o-w Week ending
Nov 5
Week ending
Oct 29
Week ending
Oct 22
Venice $2,130,891 -6.8% $2,287,355 $2,090,347 $2,169,944
Los Angeles $1,355,005 +4.1% $1,301,780 $1,310,792 $1,276,523
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Average Price Per Sqft. for Homes in Venice

 

1 yr 5 yr Max
Venice average price per square foot
Neighborhood Aug - Nov '14 y-o-y 3 months prior 1 year prior 5 years prior
Venice $1,148 +19.1% $1,138 $964 $586
Los Angeles $787 +76.5% $468 $446 $310
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Popular Neighborhoods in Los Angeles


Neighborhoods Week ending
Nov 12
w-o-w Week ending
Nov 5
Week ending
Oct 29
Hollywood Hills 1 1 1
Bel Air 2 2 2
Brentwood 3 3 3
Silver Lake 4 +3 7 5
Greater Wilshire / Hancock Park 5 -1 4 6
Westwood 6 +4 10 8
Stats & Trends
Homes for Sale in Venice
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