Market Action Report
August 2017
Venice
City: Venice
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for August was 65, down 4.4% from
68 days last month and up 4.8% from 62 days in August of last
year. The August 2017 DOM was at a mid level compared with
August of 2016 and 2015.
3 Mo Avg
90
80
70
65
62
60
50
50
40
30
20
10
0
S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A
14
15
16
17
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The August 2017 Selling Price per Square Foot of $160 was down
5.9% from $171 last month and up 0.7% from 159 in August of
last year.
200
190
180
170
160
150
140
130