Year End Report 2020: Venetia Real Estate Market Update The home has played a central role in 2020. As more people work from and stay home, interest in real estate has skyrocketed. More households have been on the move. However, COVID-19 has deterred some sellers from putting their home on the market; thereby, creating a shortage of inventory. As a result, home prices have increased on average 11% this year. Multiple offer situations and sight-unseen offers have become commonplace. 2020 closes an incredibly strong seller’s market. VENETIA STATS BY DWELLING TYPE Single Family Average Sales Price: $349,090 Waterfront Average Sales Price: $1,385,000 Condo […]
