Thursday, April 30, 2009

Florence Oregon real estate prices decrease!

Currently we have 456 residential properties for sale in the Florence Area with 13 sales in the 30 day period preceeding this post. The average asking price today is $278,000 with the average sale price of $218,000.

As a side note, I have had more property inquiries and showings in the last month than the I have had in the last 4 months. There are several incredible values in the florence real estate market today and I am beginning to think it is time to make your best buys now before the market turns any further. Take a look at the Florence riverfront short sale I have listed at $299,000. This home was purchased for well over $400,000.

Or take a look at the Florence Ocean View home with acreage at $599,000 just reduced $100,000!

It may very well be the best time in history to jump in the market now with long term mortgage rates below 5%!


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