Florence OR Real Estate Is still a Buyer’s Market

AS of this posting we have 468 residential listings at an average price of $249,000 with an average days on market of 336 and a median asking price of $229,000.

During the last 6 months we have sold 126 residential properties at an average price of $198,000 and a median sold price of $165,000. That means we are averaging a little over 20 sales per month which is much better than 10-12 sale per month during the spring of 2009.

Even though there is a clear disparity between asking and sold prices, there are excellent opportunities for buyers and sellers if you are working with a knowledgeable Florence OR real estate broker.

Stop by our new office at 3757 highway 101 in Florence and check us out. We will not waste your time or money by overpricing your property if you are a seller, or by showing you overpriced property if you are a buyer!