Have you recently spoken with a Venice real estate agent about listing your home on the Venice real estate market and were pleasantly surprised by the statistics and information they gave you? Did you know that the Venice real estate market is the healthiest it has been in the past several years? Many homeowners are surprised to find that Venice real estate market trends are improving across the board and are even more promising than surrounding areas. What once was an even market is now turning into a seller’s market for a number of different reasons.
First and foremost, the median sales price for homes in the area is as high as it has been since 2006; the average price has increased almost 46% since the previous year. The average listing price and number of homes on the market has also stayed steady throughout the past couple of months. This is a great sign that the market is headed in an even better direction then where it already is say Venice real estate experts. Many sellers are now able to complete an equity sale on their home where as they wouldn’t have been able to do so a few years ago.
When compared to surrounding communities such as Marina Del Rey, the Venice real estate market is surely leading the pack when it comes to home sales, home values and number of homes on inventory. If you would like to learn more about Venice real estate market trends and hear about the vast improvements the Venice real estate market has taken in the past few years reach out to a Venice real estate agent today. They will be happy to provide you with the most current information and get you prepared to list your home on the Venice real estate market.