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August 10th, 2010 12:31 PM

Although Venice, Fl, had not had any sign of oil on it's pristine beaches it was wonderful to read in this mornings Herald-Tribune headlines "Gusher Appears Sealed for Now'. Mud pumped into the well, followed by cement, has been successful. 70% of the 4.9 million gallons of oil that leaked from the well has been burned, evaporated, skimmed, dissolved naturally or captured. That is very encouraging news. With our 150 mile shelf off our coast, the flow of the natural current in the Gulf and microbes that eat the oil, we can continue to enjoy our beautiful, turquoise beaches in Venice, FL.

Sales in Venice dropped for the first time in many months. Total units sold during July, 2009, was 119. This years figures dropped 8% to 106 units sold during July, 2010.

2009 2010

Median Price $150,000 $137,500

Average Price $191,263 $172,885

Total Volume $22,760,330 $16,596,926

Bargain prices are driving our market. Cash is still number one method of purchase at 51% but financed purchases are close behind due to exceptionally low interest rates.

Hooray! The Legacy Bike Trail has completed the final link with a bridge over Dona Bay. The 11 mile trail for bicyclists and walkers travels from McIntosh Road in Sarasota to the Venice Train Depot. The trail offers many scenic views of bay and skylines. During the fall of this year construction will begin on a 3.1 million overpass on 41 in Venice to connect bicyclists to Venice Island and the intra coastal and finish at Caspersan beach.

The weather has been hot and humid so everyone here is taking advantage of the beaches and pools and enjoying a wonderful summer. Hope to see you here.

Alice Salaices


Posted by Janet Thomas on August 10th, 2010 12:31 PMPost a Comment (0)

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