Venice Area Homes Blog

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Venice FL Real Estate Market Report March 2010

The first quarter results for the Venice FL and Englewood FL real estate markets for 2010 are promising.  We have seen a strong increase in properties going under contract, healthy increase in the number of homes sold each month and a steady decrease in the amount of properties for sale.  The number of properties available for sale in the Venice FL real estate markets has decreased again for the month of March 2010, down 1.1% from February 2010: 3272 homes for sale to 3236 homes for sale.  Pending sales are up again for the 3rdmonth in a row, up 23.6% from February 2010: 517 properties pending to 639 properties pending.  Closed sales have increased from February 2010 by 28.1%, from 377 properties sold to 483 properties sold during the month of February 2010.  The increase in homes sold in Venice FL real estate markets in March 2010 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 home prices in decades.  The Homebuyers Tax Credit will soon be ending (you have to be under contract by April 30thto realize the $8000 First Time Homebuyers Tax Credit or the $6500 Move Up Credit and you do not have to sell your primary home by June 30thto realize the Move Up Credit).  Mortgage rates are rising, currently in the 5% range and soon expected to increase to the 6% range, still historically low rates and very affordable for Homebuyers.  Even though the number of homes available for sale in our area continues to decline, we are still in a Buyer's market. If you are considering selling your home there are steps you can take to ensure a successful sale.  Feel free to call me anytime to discuss what I do to get your homes sold in today's real estate market.

Venice FL Market Activity Chart

 

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 Florida, 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©2010. By Kari A. Battaglia PA.  All Rights Reserved. 

DiscoverVeniceRealEstate.com - FREE MLS Search, Buyers guide, Sellers guide, Community Info/Links

 

Serving customers in Venice Florida, South Venice, Osprey, Nokomis Florida, Casey Key, Manasota Key, Englewood Florida, Rotonda West and North Port communities. Call me to list your home for sale, answer questions regarding steps you can take to AVOID FORECLOSURE or answer any general questions you may have about real estate.

Contact me by email at Kari@KariBattaglia.com.  Need information fast, call me direct at 941-270-1851.  Copyright©2011 by Kari A. Battaglia.  All Rights Reserved.  

www.FindVeniceFLHomes.com - FREE MLS Search, Buyers guide, Sellers guide, Community Info/Links

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