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Venice

Why you'd want to live in Venice

Venice (often referred to as Venice Beach) is a beachfront district on the Westside of Los Angeles, California, known for its canals, funky artist colonies, contemporary restaurants, the eclectic shops and galleries on Abbot Kinney Boulevard, boutique hotels, and of course, its beaches and the circus-like Ocean Front Walk—a two-and-a-half mile pedestrian-only promenade that features performers, fortune-tellers, artists, and vendors. Venice of America was originally founded as a seaside resort in 1904 by Abbot Kinney, a tobacco millionnaire, then officially opened on July 4, 1905. Later, Venice Beach and its Boardwalk nurtured some of Los Angeles’ early beat poets and artists, and has served as an important cultural center since the 1960s. Abbot Kinney Boulevard is a century-old artistic neighborhood filled with trendy shops and restaurants. A neighborhood of Los Angeles, since being annexed by the city in 1925, Venice is bordered by the Pacific Ocean to the southwest, Marina del Rey to the southeast, Culver City to the east, Mar Vista to the northeast, and the city of Santa Monica to the north. via venicechamber.net

Venice Market Report

$3,483,451

AVERAGE PRICE OF 82 HOMES

$3,580,405

AVERAGE PRICE OF 79 MULTI-MILLION DOLLAR HOMES

$4,145,563

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$3,895,705

AVERAGE PRICE OF 22 HOMES WITH A POOL

$3,474,750

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $3,483,451
Avg Bedrooms 3.23 beds
Avg Bathrooms 3.5 baths

Average Price by Bedrooms

1 bedroom $1,523,750
2 bedrooms $2,294,800
3 bedrooms $3,387,250
4 bedrooms $4,113,808
5 bedrooms $5,629,834
Venice Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 81 78 85 n/a 92
Average Price $3,656,540 $3,653,031 $3,635,300 n/a $3,416,728
Avg Price Change +0.10% +0.49% n/a n/a +1.79%
Median Price $2,940,911 $3,068,267 $3,094,000 n/a $2,660,433
Med Price Change -4.33% -0.84% n/a n/a -4.10%
Avg Bedrooms 3.31 beds 3.34 beds 3.44 beds n/a 3.28 beds
Avg Bathrooms 3.68 baths 3.7 baths 3.76 baths n/a 3.66 baths
Home Price by House Size
Total Homes Average Price
All Homes 82 $3,483,451
Multi-Million Dollar Homes 79 $3,580,405
Newly Built Homes 8 $4,145,563
Homes with a Pool 22 $3,895,705
Reduced Price Homes 2 $3,474,750
The Alligood Real Estate Group
Trey Alligood
2701 Ocean Park Blvd., Suite 140
Santa Monica, CA
310-876-9699
DRE# 02099406

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