Venice Real Estate Update: Unpacking the April 2025 Surge in 34285
Posted on May 26, 2025
By Steve Martin Smith
On May 14, 2025, I reported that average sold prices in Venice rose 8% after a four-month decline of nearly 18%. Since then, I’ve dug deeper into each Venice ZIP code individually to understand the 2025 price fluctuations. What I found was that a handful of high-value sales on Venice Island skewed the entire city’s report.
Focusing on ZIP code 34285, which includes Venice Island, the data reveals a downward trend from December 2024 to March 2025. However, April 2025 saw a sharp increase, with average sold prices jumping due to four homes selling between $2,000,000 and $3.5 million. This anomaly not only affected the 34285 report but also the city-wide average.
April 2025 Venice Sales Snapshot:
Total homes sold: 344
- Under $1,000,000: 324
- Under $750,000: 300
- Under $500,000: 242
- Under $400,000: More than half (approximately 172)
- Under $300,000: 94
With inventory levels still double the 5-year average, we’re likely in a buyer’s market for the foreseeable future. However, a common mistake I’m seeing is buyers—and some agents—assuming all listings are overpriced and low-balling offers. Not all properties are overpriced, and understanding true market value is crucial in any market.
At Slice of Florida Realty, we help our buyers and sellers navigate this landscape by analyzing current comparables and forecasting local market trends. Whether you’re eyeing a deal in 34285 or elsewhere in Venice, let us guide you to the best decision for your goals.
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Steve Martin Smith is Co-owner and Broker of Slice of Florida Realty and Host of Real Estate Agent Man - The Podcast
