Venice Area Statistics for February 2024

Here are the numbers:

Active listings:  1,282 (January was 1,198)

Pendings:  295 (January was 260)

Solds:  217 (January was 164)

Average sales price:  $499,984 (January was $550,628)

Average days on market:  49 (January was 53)

Average list/sale price ratio:  96% (January was 96%)

Out of the 217 sales that took place in February 70% were cash, 26% were conventional financing, 2% were FHA &  2% were VA loans.

We are currently at 6 months worth of inventory.

Mar 04, 2024