Are you considering listing your home on the Venice real estate market and are concerned with how the current market conditions are? Have you tried to sell previously but didn’t have any luck because the Venice real estate market, as well as markets throughout the country, were hitting rock bottom? You should know that the Venice real estate market is currently looking up. Home prices and home values are on the rise throughout the area; in fact, with regards to the Venice short sale market, home values have increased almost 40% since last August. This is a great sign and this increase in home value is much greater than surrounding areas. Home values and prices for the Venice real estate market are also much higher than surrounding areas such as Sherman Oaks and South Los Angeles.
If you’re ready to place your home on the Venice real estate market again, it’s highly likely you’ll have better luck this time. The Venice real estate market is surely turning into a sellers’ market with increasing home values, increasing home prices and a smaller than average inventory. In fact, the average number of days that a home is listed for sale on the Venice real estate market is right around 30 days. This is about half the amount of time that they would have been listed for sale when compared to last year.
The bottom line is this: if you are going to list your home on the Venice real estate market, be prepared for it to sell quickly and for close to, if not more than, what you are asking. There are a number of buyers out there thanks to low interest rates so if you price your home to sell and make it stand out from the rest, you’ll have no problem selling your home on the Venice real estate market.