Known as the "Sharks tooth capital of the world" Venice is home to an expansive residential area as well as a city center featuring many restaurants and shopping areas. South Venice is situated between Englewood and the City of Venice. A hot spot for "snowbirds" looking to buy an affordable winter home and young families wanting to get into homeownership, this community has wonderful parks, restaurants and even a beach ferry to take you from the mainland to a Gulf front seat to watch the sunset!
February Property sales were 88, equal to 88 in February of 2015 and -6.4% lower than the 94 sales last month. February 2016 sales were at their lowest level compared to February of 2015 and 2014. February YTD sales of 182 are running 10.3% ahead of last year's year-to-date sales of 165.
The Median Sales Price in February was $202,000, up 22.4% from $165,000 in February of 2015 and down -7.4% from $218,250 last month. The Average Sales Price in February was $215,651, up 16.2% from $185,593 in February of 2015 and down -6.9% from $231,672 last month. February 2016 ASP was at highest level compared to February of 2015 and 2014.