Venice Area Homes Blog

Venice/Englewood Real Estate Market Update

The number of properties available for sale in the Venice/Englewood area real estate markets has decreased for the month of February, down 1.8% from January 2010; 3331 homes for sale to 3272 homes for sale.  Pending sales are up again, up 8.9% from January 2010; 514 properties pending to 560 properties pending.  Closed sales have increased from January 2010 by 24.5%, from 290 properties sold to 361 properties sold during the month of February 2010.  The increase in homes sold in the Venice FL area in February can be attributed to a variety of reasons; Buyers utilizing the First Time Homebuyers Tax Credit of $8000 and Move Up Homebuyers Tax Credit of up to $6500 or Buyers taking advantage of the most affordable Venice FL Home prices in decades.  Even though we have seen an increase in homes sold in Venice FL for 2010, we are still in a Buyers' Market.  The Homebuyers Tax Credit will soon be ending (you have to be under contract by April 30^th to realize the $8000 First Time Homebuyers Tax Credit or the $6500 Move Up Credit and you do not have to have your primary residence sold before you buy your new primary home to utilize the Move Up Tax Credit).  Mortgage rates are rising, currently in the 5% range and soon is expected to increase to the 6% range, still historically low rates and very affordable for homebuyers.

Number of Homes for Sale/Sold/Pending in Venice/Englewood Areas Combined

Graph includes single family homes currently for sale/sold/pending in the Venice/Englewood areas combined.  Properties sold may or may not be listed by Coldwell Banker Residential Real Estate and are listed by various MLS participating offices.  Non-MLS properties are not included.

Contact Kari A. Battaglia, PA GRI SFR SRES^® , licensed REALTOR® in Venice Florida at 941-270-1851 to list your home for sale, answer questions about Short Sales or Foreclosures in Venice FL, answer any general questions or to help you search for homes for sale in Venice Florida.  I currently serve customers in Venice Florida, Englewood Florida, Nokomis Florida, South Venice, Laurel, Osprey and Casey Key and Manasota Key communities.  As a private landowner, I also have Tennessee properties available in the Chattanooga area. Call or email me to receive a list of Tennessee properties available for sale.

Contact me by email at Kari@DiscoverVeniceRealEstate.com.  Need information fast, call me direct at 941-270-1851.  Copyright©2009. By Kari A. Battaglia PA.  All Rights Reserved. 

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