VENICE
SINGLE FAMILY HOME SALES Venice is a beachfront district on the Westside of Los Angeles, California, known for its bungalows, cottages, condos and oceanfront properties. A short walk from some of the finest and trendiest beachside restaurants and bars in Los Angeles, Venice offers surfing, kayaking, boating, biking, boogie boarding and outdoor summer concerts. The famous Venice Beach Strip and Muscle Beach are a short walk away. With its variety of bungalows, cottages, condos and oceanfront listings, Venice is an ideal retreat for family, friends or couples, for work or play, and is one of Los Angeles’s most sought-after neighborhoods. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SINGLE FAMILY HOMES (SFH) FEB - APR 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE
ALL
< $1M
$1M - $3M
> $3M
$1,986,632
$843,500
$1,665,258
$6,831,667
$889.76
$834.53
$861.24
$982.41
$1,938,501
$876,500
$1,632,324
$6,518,333
$868.21
$867.18
$844.21
$937.35
TOTAL SFH SOLD
38
4
31
3
TOTAL SFH FOR SALE AT END OF PERIOD
21
-
18
3
AVERAGE MONTHLY SUPPLY OF INVENTORY
1.7
-
1.7
3.0
98%
104%
98%
95%
ALL
< $1M
$1M - $3M
> $3M
$1,439,381
$872,000
$1,542,226
$3,925,000
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO
SFH FEB - APR 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE
$850.84
$705.37
$866.47
$1,075.34
$1,449,019
$880,070
$1,556,712
$3,800,000
$872.84
$1,041.10
$855.40
$714.28
TOTAL SFH SOLD
42
10
31
1
TOTAL SFH FOR SALE AT END OF PERIOD
50
5
39
6
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO
3.6
1.5
3.8
18.0
101%
101%
101%
97%
ALL
< $1M
$1M - $3M
> $3M 74%
SFH APR/APR COMPARISON AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE
38%
-3%
8%
5%
18%
-1%
-9%
34%
0%
5%
72%
1%
21%
-3%
-10%
TOTAL SFH SOLD
-10%
-60%
0%
200%
TOTAL SFH FOR SALE AT END OF PERIOD
-58%
-100%
-54%
-50%
AVERAGE MONTHLY SUPPLY OF INVENTORY
-54%
-100%
-54%
-83%
-3%
3%
-3%
-1%
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO
(Source: MLS/CLAW)
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
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