The Venice, CA Condominium Market Trends Report is published...

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5dYm

The Venice, CA Condominium Market Trends Report is published... lately all I read on the Internet and in the News Media is bogus or bad information. Hence I felt obligated to provide Real and Quality Information. Take my word for it the greater Los Angles Real Estate Market is still hot.

So with that said let's look at the Venice Condominium Market Trends!

As you can see from the above chart Inventory is still tight and looks like it remains tight. Clear sign that it will be and still is a Seller's Market in Venice, CA

Looking at the Days on Market you would think the world is coming to an end if you went with the Per Cent Statistics. On the other hand if you look at the days on market, must admit it is not on fire like in 2016, but in spite of it it is still a fast market.

 

Most of my readers would understand it the prices increased by $700,000+ in three years it would be understandable why now it takes about 32 days to sell a property. Not every one has about $1.8 million to purchase a condominium.

Never the less if you know Venice, that means the Pacific Ocean is your back yard and on either side of it Marina Del Rey and Santa Monica are even more expensive. Hence Venice is still a good value even at these price points.

www.endrebarath.com

 

Now, if you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

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 https://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

 

 

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Rainmaker
4,432,093
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 

Aug 26, 2018 02:33 AM #1
Rainmaker
3,209,664
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Thinventory is the reigning condition in Venice for sure !

Aug 26, 2018 05:26 AM #2
Rainmaker
3,196,692
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Endre. Choosing you to navigate the tight market allows buyers to make the best choice! Enjoy your day!

Aug 26, 2018 06:06 AM #3
Rainmaker
1,589,783
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always good to be in the loop. Have a great rest of the weekend!

Aug 26, 2018 10:09 AM #4
Rainmaker
1,060,386
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty

This information is a great help to buyers and sellers in your area, Endre Barath, Jr. 

Aug 26, 2018 12:10 PM #5
Rainmaker
1,171,628
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Endre Barath, Jr. - I remember a time when houses in Venice were below $100,000.  Of course that was the '70s!! Things have changed.

Aug 26, 2018 04:36 PM #6
Rainmaker
2,486,441
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Endre, you provide another great report of your areas real estate market.

Aug 26, 2018 05:27 PM #7
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  appreciate your support, Endre

Aug 26, 2018 05:34 PM #8
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sally K. & David L. Hanson  you are so right, Endre

Aug 26, 2018 05:35 PM #9
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wayne Martin   thank you for your kind words, Endre

Aug 26, 2018 06:01 PM #10
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Jeremy K. Frost  thank you for stopping in, Endre

Aug 26, 2018 06:02 PM #11
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Valeria Mola  glad you stopped in and your professional input is appreciated, Endre

Aug 26, 2018 06:03 PM #12
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sheri Sperry - MCNE®  I also remember 22 years ago when I said to Diane we should buy here:)) and she turned her nose up and said she could not live here:)) oh times have changed:))Endre

Aug 26, 2018 06:05 PM #13
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Rebecca Gaujot, Realtor®  glad you liked it and hopefully sellers and buyers will apreciate them too, Endre

Aug 26, 2018 06:09 PM #14
Ambassador
3,982,164
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

You are right, Endre that not everyone can afford a million plus property but I bet you find lots of people that can.

Aug 26, 2018 06:39 PM #15
Ambassador
3,226,495
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Venice is still the best value but, as you mentioned with price increases up to $700K over 3 years, it's not a wonder DOM increase as well!

Great report, Endre - thanks for sharing the TRUE market report in the Venice CA condo market.

Aug 26, 2018 09:53 PM #16
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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