Is Venetian Hills, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Venetian Hills is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Venetian Hills was a Seller's Market.

Key Takeaway

Venetian Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Venetian Hills, GA

How much do homes in Venetian Hills, GA cost?

Median Sold Price

$285,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$23,500(-7.6%)

Key Takeaway

Homes in Venetian Hills have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Venetian Hills was $285,500 in March 2024, down 7.6% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $144.9K-
N/A
2 $115K$175K
+52.2%
3 $303K$281K
-7.3%
4 $435K$429K
-1.4%
5+ $467K$362.5K
-22.4%

Summary: Venetian Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.2%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 22.4%.

Housing Supply in Venetian Hills, GA

How many homes are available in Venetian Hills, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5767+17.5%

Summary: The Venetian Hills real estate market had 67 homes for sale in March 2024, a 17.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1518
+20.0%
3 3231
-3.1%
4 814
+75.0%
5+ 24
+100.0%

Summary: The Venetian Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Venetian Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Venetian Hills in March 2024, down by 70.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Venetian Hills, GA

How long does it take to sell a home in Venetian Hills, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
40 Days63 Days+59.2%

Summary: Homes in Venetian Hills had an average of 63 days on market in Mar 2024, up by 59.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Venetian Hills has remained consistent over time.

Summary: During March 2024, 3 homes were sold in Venetian Hills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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