Florence Real Estate-2009 Year In Review

Here is the good,the bad and the ugly regarding the Florence Oregon real estate market as of today.

The good news is the number of Florence Oregon real estate residential sales remained the same as last year.

The bad news is that the market has seen an average residential sales price decrease of 14.7% for the last 12 months according to the latest RMLS Market Action Report.

The ugly, is the failure of many Florence real estate practioners to obtain realisitc price reductions in this overpriced market. As of this posting we have 403 residential properties for sale at an average asking price of $254,000. Last month’s sales netted 22 sales at an average sale price of $200,000.

On a happier note, Florence real estate practioners will either get it right this year or get fired by atrition.

As we enter the new year, Florence Oregon will provide many excellent buying opportunities for those who seek the counsel of an experienced buyer’s broker!

As always, feel free to consult with me anytime at FlorenceRE.com!