Market Update

Venice Area Multiple Listing Service (MLS)

1553 Single Family Homes/Active

57  Single Family Homes/Sold 12/1/06 - 12/31/06

850 Condos/Active

22 Condos/Sold (12/1/06 - 12/31/06)

90 Expires Listings  (12/1/06 - 12/31/06)

73 Withdrawn Listings (12/1/06 - 12/31/06)

As you can see, our inventory remains a historical high levels for both Single Family Homes as well as Condominiums, both at over twice the number that this market has typically seen.

Properties that care coming off the market without selling also remain at historical highs. 

We will be posting our comprehensive Market Activity Report later today.

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