Uncategorized Florence Real Estate Market Holds As of this post we have 436 active residential properties with an average asking price of $263,000 and an average days on market increasing to 325. The 30 days preceding this post have netted a total of 35 residential sales. The huge DOM is in large part because the average sale price is hovering near […]
Uncategorized Florence Real Estate Update Currently we have 442 active residential listings with an average listing price of $265,000 and 314 Average Days On Market. During the 30 days preceeding this post, we have had 31 sales with an average sale price of $219,000. If you take out the one rare Woahink Lakefront sale at $900,000 the average sale price […]
Uncategorized Market Bump Waning As of this post there are 447 residential properties on the market for an average asking price of $266,000 with an average DOM of 312. During the 30 days preceeding this post there have been 27 sales at an average sale price of $209,000. This market is still suffering from apathetic real estate practitioners and […]
Uncategorized Best Real Estate Values In Florence I have recently taken on a spectacular Ocean View home just North of Florence and is in the exclusive gated community of South View. For unparralled views, sunsets and sun exposure, take a look at this Oregon Coast Ocean View Home. For more information and incredible photos, visit Southview Scenes which also has a great […]
Uncategorized Not So Fast! In the last 60 days we have seen our Florence market bump from 12-15 sales per month to around 30. Some Agents are failing to advise their clients as to what current market realities are, and that has landed Florence and the entire nation in a fix. All of a sudden there is a new […]
Uncategorized Market Bump Holds for 30 Days but DOM Increases As of this post, there are 451 active residential listings in the Florence Oregon area with an average asking price of $265,000 and average Days On Market up to 309 from 300. The average sale price for the 30 days immediately preceding this post is $221,000. The market time (DOM) increasing is disturbing in as […]
Uncategorized Florence Real Estate Market Activity Holds In Spite… There are currently 462 residential properties on the market with an average asking price of $257,000 with a rediculous 300 Days On Market due to asking prices being 19.5% over the actual sale prices In the preceding 30 days to this post, there were 32 sales averaging $207,000. That is a whopping $50,000 difference in […]
Uncategorized 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 […]
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Uncategorized Florence Oregon Real Estate Market Bump? Finally. There seems to be a continued uptick in market activity for the Florence Oregon coast area. In the preceeding 30 days to this post we have had 24 residential sales instead of the 10-15 sales we have been experiencing for months. The average sale price was $216,000, up from preceeding months which hovered below […]
Uncategorized Florence Real Estate Market Uptick In the 30 days previous to this post, there were 18 sales out of the 469 active residential properties, with an average sale price of $170,000. The average asking price was $252,000 for the same time period.
Uncategorized Florence vs Eugene Oregon Real Estate Prices. For the 30 days preceding this post, there are 471 residential properties for sale in the Florence area with an average asking price of $252,000 and a average market time of 279 days. Of those listings, 12 sold at average sales price of $185,000. The tunover in Florence last month was 2.5%. In contrast the […]
Uncategorized Buying Opportunities Abound As of this post there are 479 residential listings with an average asking price of $248,000 and average DOM of 287. In the preceding 30 days there have been 10 sales with an average sales price of $233,000. The problem with interpreting statisitics with such a limited number of sales is that if you remove […]
Uncategorized Florence Real Estate List Prices Dropping! Currently we have 485 residential properties with an average list or asking price of $252,000 and 12 sales averaging $208,000, in the 30 days preceeding this post. The current DOM (days on market) is 285 for all residential inventory. Of the 12 homes that sold, the DOM was 180 because their average asking price was […]
Uncategorized Florence Asking Prices In Downward Trend During the 30 days preceding this posting, 17 residential sales took place with an average sale price of $191,000. Currently we have 473 residential listings with and average asking price of $258,000 and an average time on market of 290 days. It is clear that other Oregon communities are pricing their inventory much closer to […]
Uncategorized Florence Oregon Pricing Desparity Harms Sellers There still appears to be a continued trend of large price desparities (list price vs actual sale price) with “list at any price” brokers in the Florence Area. The 30 days preceeding this posting, has netted 13 sales, with average sale price of $202,000 and 220 DOM (days on market) for those sales. The current […]
Uncategorized Florence Oregon Real Estate Showing Activity Up The 30 days previous to this post has netted a total of 10 solds out 482 active residential lisitngs with an verage asking price of $273,000. The sold properties average sold price was $187,000. Interest rates have moved up close to a full percentage point in the last 2 weeks to around 5.75% apr for […]
Uncategorized Florence is Buyers Market! As of this posting, Florence inventory has risen to 473 residential properties with an average asking price of $278000 and an average DOM of 300. In the preceeeding 30 days we are down to 10 closed sale and an average sale price of $169,000. Note: In a small market like Florence, average sales price can […]
Uncategorized Tax Credit for 1st Time Buyers Evidently the idea of the federal government monetizing the 1st time home buyer tax credit for a down payment on a FHA loan is in the works. See http://bit.ly/U276T for more infoormation.
Uncategorized Interest rates low but rising. This may very well be the time to buy, especially if you are obtaining a mortgage. The bad news is that Interest rates are creeping up from an all time low in the 4.75% range to close to 5% due to unheard of Government borrowing levels. The good news is this is Buyer’s market! Right […]
Uncategorized Tale of Two Cities Right now the Florence inventory of residential homes has increased to 464 homes with an avergae list price of $279,ooo and averge DOM of 301. Last month, 13 actual sales averaged $200,000 with an average DOM of 120 days. The Eugene Sringfield area has 1415 residential properties for sale with average list of 307,000 wth […]