Sales outpacing new listings, a floor forming under prices, inventory still elevated. The weekly read for Venice owners weighing a sale.
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The Market Action Index measures the rate of sales against available inventory. At 31, Venice holds a slight seller's advantage — flat versus 31 a month ago. Home sales have been exceeding new inventory for several weeks, though prices haven't yet stopped easing.
With the index already in the seller's zone, prices are likely to level off soon — and if the sales trend continues, they could climb from there. Translation for owners — the window where buyers had the upper hand appears to be closing.
Momentum → 31 flat · sales exceeding new inventoryEach tier represents roughly a quarter of the active market, ordered by price. The lowest quartile is omitted — lease listings in the source data skew its figures.
Sales have exceeded new inventory for several weeks with the index already in the seller's zone. Historically that combination means prices level off soon — and can climb from there.
The top quartile — median 8 years old, ~3,800 SF — trades above $5.2M, while original bungalows on similar lots trade near $2.4M. The spread is the redevelopment premium.
With 105 active listings, buyers have real choice. Only 12% of listings have relisted, though — sellers here are holding their positions rather than churning.
Listings average 126 days on market, with half newer than 70 days. Venice buyers are deliberate — the right one shows up on their timeline, not yours.
As of July 2026, the median list price for Venice single-family homes is about $2.79 million — roughly $1,277 per square foot. Newer architectural homes trade above $5.2 million, while original bungalows list near $2.4 million.
The Market Action Index sits at 31 — a slight seller's advantage. Sales have been exceeding new inventory for several weeks, which typically means prices level off and can begin climbing.
Listings average about 126 days on market, with a median of 70 days. Venice buyers are deliberate; well-priced, well-presented homes move meaningfully faster.
The median is about $1,277 per square foot as of July 2026, with a wide spread between new construction and original homes.
Prices have been easing, but the trend is turning: with sales outpacing new listings and the Market Action Index in the seller's zone, prices are expected to level off soon — and possibly rise.
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Send My Custom Report →Market data source: Chartwell Escrow weekly report, Jul 14, 2026 · Venice, CA single-family homes.