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How is the Venice, CA Luxury Real Estate Market? Check out the answer!

Posted on Jun 27, 2013 by in Active Rain | 0 comments

How is the Venice, CA Luxury Real Estate Market? Check out the answer!

 

There was a time not that far back, when Venice was perceived as “not somewhere you would want to call home”. Times have changed. I have not heard comments like that in years!

 

Venice has about three or four hip cool and trendy pockets that I could think of the top of my head. The price points are also now very Luxurious tooJ well you check it out and tell me what you think!

 

 Quietly Venice has been making the Transformation. Abbott Kinney is one of the Trendiest spots now in Los Angeles, The Venice Beach area has been also going through a major transformation and of course the Canals have been pricey from day one.

venice homes by Endre Barath

 

Currently there are 39 Active Listings of Single Family Homes in Venice, CA. Interestingly the most expensive home still active on the market is available for $10,500,000. Now conversely the least expensive home you can have for $750,000.

 

There are 14 properties where sellers are still accepting Back up Offers.

 

The properties you missed out because they are in Pending Status are 29. Interestingly the most expensive home was listed at $11,900,000 and the least expensive was listed at $725,000.

 

Year to date 92 Single Family Residences have Sold in Venice. Interestingly the highest priced sale was for $3,800,000. Now to put things in perspective of the 92 sold homes. This month alone 15 properties have closed already and the month is not over yet.

 

If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations

 

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