Venice FL Real Estate Market Reports – January 2012

Venice FL Real Estate Market Reports – January 2012

Venice FL Real Estate Market Reports will provide you a good over view of how Single Family Homes for sale performed during the month of January 2012.

Single Family Homes for sale in Venice FL that were newly listed between 1/2/2012 and 1/31/2012

Active- 156

8 listings are bank owned, 13 listings are short sale and 135 are regular sales

The average listing price is $304,649.00 = $146.71 per square foot.

Single Family Homes for sale in Venice FL that went under contract or pending in January 2012.

Pending- 40

6 listings were bank owned, 13 listings were short sale and 21 listings were regular sales

Single Family Homes for sale that sold during the month of January 2012.

Sold – 93

13 listings were bank owned, 23 listing were short sale and 57 listings were regular sales.

The average sold price is $171,608 = $93.56 per square foot

The lowest sold price is $41,500.00 = $39.80 per square foot

The highest sold price is $635,000.00 = $306.47 per square foot

Compared to January 2011 the single family home average sold price was 4.28% down in January 2012.

Due to the low prices, the number of units sold in January 2012 was up by 14.81% as well as the average day in the market was down.

Now is a Great Time to Buy. Interest rates are at record lows. Buying any real estate for a primary home, vacation home, or vacant land is an investment. Before you invest, or even plan on selling a home in Venice FL, it is important to have the right information and an experienced, honest agent.

MFRMLS, Inc Information deemed reliable but not guaranteed. Parties are advised to verify.

Venice FL Real Estate Market Reports – January 2012

Need someone on your side for your real estate transaction either buying or selling in Venice, and the surrounding area? Just contact Kwee your local REALTOR® so your best interest is protected.