VENICE
Community Information | School District
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 1,750,000 |
9 % |
|
0 % |
|
|
|
|
Average List Price of all Current Listings |
$ 2,303,193 |
5 % |
|
7 % |
|
|
|
|
April Median Sales Price |
$ 1,170,000 |
6 % |
0 % |
|
-28% |
$ 1,170,000 |
0 % |
-28% |
April Average Sales Price |
$ 1,170,000 |
-28% -33% |
-25% |
$ 1,748,000 |
0 % |
12 % |
Total Properties Currently for Sale ( Inventory ) |
15 -12% |
-12% |
April Number of Properties Sold |
1 -67% |
|
5 |
0 % |
|
April Average Days on Market ( Solds ) |
154
123 % 77 %
|
45 % |
87 |
0 % |
-18% |
Asking Price per Square Foot ( based on New Listings ) |
$ 0 |
-100% -100% -100% -100% |
$ 465 |
-17% |
-13% |
April Sold Price per Square Foot |
$ 328 |
-44% -38% |
-21% |
$ 529 |
0 % |
27 % |
April Month ' s Supply of Inventory |
15.0
165 % 16 %
|
0 % |
74 % |
12.9 |
0 % |
50 % |
April Sale Price vs List Price Ratio |
86.7 % -12.3% -7.6% |
|
-4.8% |
93.8 % |
0 % |
3 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales April Property sales were 1 , up from 0 in April of 2016 and 66.7 % lower than the 3 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April YTD sales of 5 are running ahead of last year ' s year-to-date sales of 0 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2 1 1
Prices The Median Sales Price in April was $ 1,170,000 , up from $ 0 in April of 2016 and up 6.4 % from $ 1,100,000 last month . The Average Sales Price in April was $ 1,170,000 , up from $ 0 in April of 2016 and down 27.9 % from $ 1,623,333 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
3 Mo Avg 0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A -1 14
15 16
17
Median Sales Price and Average Sales Price
3 Mo Avg
2,700 2,500 2,300 2,100 1,900 1,700 1,500 1,300 1,100
20
M |
J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
F M A
20.0
0 1 0 2 0 0 0 0 0 0 0 1 0 0 2 1 0 1 0 1 0 0 0 0 1 0 2 0 2 0 2 1 0 1 3 1
Inventory & MSI The Total Inventory of Properties available for sale as of April was 15 , down 11.8 % from 17 last month and down 11.8 % from 17 in April of last year . April 2017 Inventory was at a mid level compared with April of 2016 and 2015 .
15
20 10
155
12
9 10 10 10
Total Inventory & Month ' s Supply of Inventory ( MSI )
11 11 12 13 15 15
15
15 14 14 15 15
16
16 15 15
15 15
16 16
17 17
16
16 17 17
17 17
16 16
17
17 13 14
8
7
9 12 13
15 15
17 17
18 18
17 17
15
15
15.0
10.0 20.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 15.0 months was at its highest level compared with April of 2016 and 2015 .
100
5
0
12
M
14
9 10 10 10 11 11 12 13
14 14
F M A M J |
J |
A S O N D J |
|
|
16 |
M |
J |
J |
A S O N D J |
F M A M J |
J |
A S O N D J |
F M A M J |
J |
A S O N D J |
F M A |
14 |
|
|
15 |
|
|
16 |
|
|
17 |
|
13 14
8
7
9 12 13
F M A M J |
J |
A S O N D J |
F M A |
|
|
17 |
|
10.0
5.0
0.0
50 | coldwellbankerluxury . com