Florence Oregon Real Estate Market Trend

With the warm fall weather approaching and the children returning to school, it is normal for Florence real estate activity to increase each year, till late fall.

As of this posting there are 467 residential properties available with an average asking price of $256,000 and average DOM at 293.

During the last 30 days, 31 units have sold at an average sale price of $215,000, which is about double the number of average monthly sales for the last year. There has been a remarkable increase in real estate inquiries and showing

Florence real estate practioners and sellers have been slow in getting the asking price of homes closer to the actual sales price. Pricing is critical to this becoming a trend rather than an temporary bump!