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The Venice, CA , 90291 & 90294: Real Estate Market Trends Report...

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

The Venice, CA , 90291 & 90294: Real Estate Market Trends Report is published. Should you have any specific questions, please reach out to me directly!

 

Customarily when you see inventory increasing you would expect prices to stabilize and more sales taking place, now with that said let us look at the actual situation...

Of course this naturally would increase the Days on Number statistics. Not surprised one bit, yet.

Most people would expect prices of homes to decrease when inventory grows as well as days on market increase. Now let's look at the actual numbers.

 

To most people this would come as a surprise, the Reality is Playa Del Rey, Marina Del Rey have virtually no inventory hence the prices increased even in Venice, CA.

Now with that said if you want someone who knows the  real estate market to represent you, pease reach out to me directly!

www.endrebarath.com

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, 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 contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I contribute a portion of my commission to local animal rescue organizations.

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Thinventory does bring the laws of supply and demand into play...and makes it harder for lots of buyers to play.

Apr 25, 2018 03:19 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Endre- I am sure the average prices for Venice real estate are raising some eyebrows for ActiveRain members across the country. 

Apr 25, 2018 04:00 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Apr 25, 2018 04:35 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate  market reports.

Apr 25, 2018 05:44 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Endre Barath, Jr. 

Back in the mid 1970's my husband was a UPS driver in Venice, Marina del Rey, and Cheviot Hills. The homes were going for about $35,000 (Venice) and the canals were in disrepair. Things have changed! Nice Report. 

Apr 25, 2018 05:45 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Endre. Tha California market is always an interesting study! Thanks for the update. Enjoy your day!

Apr 25, 2018 05:55 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre looks like a strong market, hope sales continue to increase.

Apr 25, 2018 10:44 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Great information on the Venice real estate market Endre Barath, Jr. !

Apr 25, 2018 07:28 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sally K. & David L. Hanson  well said...Endre

Apr 25, 2018 11:42 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael Jacobs  I tend to agree with you, funny part is when it was inexpensive 20+ years ago Diane did not want to live there.... she thought it was too... bohemian...Endre

Apr 25, 2018 11:43 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  appreciate your support, Endre

Apr 25, 2018 11:44 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Roy Kelley  thank you, Endre

Apr 25, 2018 11:44 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sheri Sperry - MCNE®  funny you should say that now the Canals are the most expensive part of Venice... and like I mentioned above... Diane did not want to live there in the late 1990's...Endre

Apr 25, 2018 11:46 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wayne Martin  and Los Angeles and vicinity is even more interesting:)Endre

Apr 25, 2018 11:46 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

George Souto  thanks for stopping in, hope all is well miss your posts, Endre

Apr 25, 2018 11:47 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Thank you Lisa Von Domek  hope you are OK, Endre

Apr 25, 2018 11:48 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Endre

Those average sales prices in Venice are certanly getting up there! But that's true of LA in general.

Jeff

Apr 26, 2018 04:35 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Jeff Dowler, CRS  indeed they are up there, especially on the West Side of Los Angeles, which used to be  below market compared to other pockets, Endre

Apr 27, 2018 07:57 PM