Category: Buy a House, Homes, Housing Market, Questions and Answers, Real Estate, Real Estate Agent.
Tags: buy a home in venice, homes for sale in Venice, real estate in venice, venice homes for sale, venice real estate
Welcome to the sunny city of Venice! Venice has gained a reputation of being a beautiful town with amazing oceanic views which means close proximity to some fantastic seafood. Located in Sarasota County, residents of Venice enjoy the county’s approximately 600 square miles extend west from rustic ranch land to the shores of the Gulf of Mexico and Sarasota Bay. With more than 35 miles of gulf beaches, most Sarasota County residents are within a 15-minute drive of the most spectacular white sand beaches in the world. Venice has been listed in many publications as being the “Shark’s Tooth Capital of the World,” and it hosts the Shark’s Tooth Festival every year to celebrate the abundance of fossilized shark’s teeth that can be found on its coastal shores. Such a beautiful community has created a demand for the available homes for sale in Venice. However, just because there is demand doesn’t mean that the price has risen. On the contrary, if you are planning on securing one of the homes for sale in Venice the time to act is now!
As the graph above illustrates, the housing market has taken a drastic turn over the past year. Just as early as August 2013 we can see that that the homes for sale in Venice netted on average around $254,000. The price has since then dropped to today’s average deal of buying one of the homes for sale in Venice hovering around $235,000. That is a price decrease of $19,000! You are saving a good chunk of change! Now look at the average days that homes were staying on the market. In late 2012, the shelf life of Venice’s homes peaked at around 168 days on average. Looking at October we can see that this number has plummeted to 123 days. That means that if you want to secure one of the homes for sale in Venice you need to act in a timely manner!