The real estate scene in the beach community of Venice, California offers a wide and diverse range of living opportunities from 1920s beach bungalows to contemporary homes, 50s ranch styles, and loft-style residential studios. Land is in short supply, so there is a movement toward renovation.
In May 2011, the average list price of a single family home was $1,366,846 and the average sale price was $1,309,461. The median sale price for the same month was $1,030,000, up significantly from $740,000 in April 2011 and down from $1,100,000 in May 2010. Venice, California was recently named one of the funkiest towns in America.
The city is home to canals and colonnades, artists and visionaries, musicians, entertainers and others. Adjacent to neighboring communities of Santa Monica and Marina Del Rey, Venice is obviously a beach town with opportunities for a wide variety of outdoor and water activities. It is conveniently located, only 15 minutes to Los Angeles International Airport, 20 minutes to Beverly Hills, and 30 minutes to the downtown financial district.