Is Venice Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Venice Island was a Seller's Market.
Housing Prices in Venice Island, FL
How much do homes in Venice Island, FL cost?
Median Sold Price
$610,500
$457/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Venice Island was $610,500 in March 2024, up 7.1% from last year, and the median price per square foot was $457.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $314K | $365K | +16.2% |
2 Bedrooms | $462.5K | $499.9K | +8.1% |
3 Bedrooms | $899.8K | $960K | +6.7% |
4 Bedrooms | $1.2M | $835K | -33.1% |
5+ Bedrooms | $2.9M | $1.1M | -59.8% |
Summary: Venice Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 33.1%, and 5+ bedroom homes decreased by 59.8%.
Median Sold Price Compared To Nearby Neighborhoods
Venice Island | $570K | $610.5K | +7.1% |
Amora | $750K | $775K | +3.3% |
Housing Supply in Venice Island, FL
How many homes are available in Venice Island, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
222 | 233 | +5.0% |
Summary: The Venice Island real estate market had 233 homes for sale in March 2024, a 5.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 29 | +31.8% |
2 Bedrooms | 148 | 151 | +2.0% |
3 Bedrooms | 45 | 44 | -2.2% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Venice Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.8%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 31 | +63.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Venice Island in March 2024, up by 63.2% month-over-month. Of the 31 sold homes, 74% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Venice Island, FL
How long does it take to sell a home in Venice Island, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 53 Days | +70.3% |
Summary: Homes in Venice Island had an average of 53 days on market in Mar 2024, up by 70.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in Venice Island; 48% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.