kjw real estate

Venice Real Estate Market

July Sales

16 Properties Sold in Venice in July 2010:

1. 1507 Louella Ave, 2 bed/2 bath, $650,000
2. 1501 Glencoe Ave, 3 bed/2 bath, $739,000
3. 1030 Garfield Ave, 2 bed/1 bath, $795,000
4. 2405 Abbot Kinney, 4 bed/3 bath, $810,000
5. 2405 Cloy Ave, 2 bed/1 bath, $815,000
6. 2204 Prospect Ave, 2 bed/2 bath, $856,000
7. 730 Valita St, 2 bed/3 bath, $880,000
8. 2428 Boone Ave, 2 bed/2 bath, $895,000
9. 540 Vernon Ave, 2 bed/2 bath, $925,000
10. 540 Vernon Ave #1/2, 2 bed/2 bath, $975,000
11. 2417 Bryan Ave, 2 bed/2 bath, $990,000
12. 610 Harbor St #1, 2 bed/3 bath, $998,000
13. 1321 6th Ave, 2 bed/2 bath, $1,124,000
14. 1337 Vienna Way, 4 bed/5 bath, $1,350,000
15. 1104 Nowita Pl, 3 bed/3 bath, $1,390,000
16. 818 Crestmoore Pl, 4 bed/5 bath, $1,550,000

at an

• Average Price of $927,000 (5% lower comparing to June)

• Average Price per Square Foot of $502 (8% lower comparing to June)

2 bedroom home prices in Venice

Average Total Price: $877,000

Average Price per Square Foot: $700

Selling Price vs Listing Price: 98%

3 bedroom home prices in Venice

Average Total Price: $1,065,000

Average Price per Square Foot: $603

Selling Price vs Listing Price: 98%

Houses Sold in Venice – Last 12 Months

Average Days on the Market

2 bedroom condo prices in Venice

Average Total Price: $966,000

Average Price per Square Foot: $454

Selling Price vs Listing Price: 99%

Condos Sold in Venice – Last 12 Months

Average Days on the Market

New Listings

There were 6 new listings that entered the Venice market in July (50% more comparing to June).