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Author Topic: Venice home prices  (Read 1374 times)
BeachBill
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« on: June 24, 2009, 09:51:14 AM »

Just a couple of years ago, you wouldn't of been able to buy anything on Venice Island for under $300k, and those kinds of places would have sold in a day or two.

Over the past two years, the prices of real estate on the island dropped, as investors tried to bail out on properties they had overspent on.

This caused a flurry of price drops, and resulted in some amazing deals on well located properties on the island.   There were even a few homes that sold for under $200k.

Right now, prices on the island are on the way back up, with limited supply and a growing demand.

There are still some bargains - especially in older condos near the downtown area.   Some of these are available for the $150k and up range.

Off island, but still within the city of Venice, there are plenty of homes under $150k, and some under $100k.

Prices will likely head back up as the economy recovers

Just my opinion . . .

Bill
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