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 active residential housing inventory is 487 homes with an average list price is $271,000 and average DOM of 304 Days.

The good news is that there are still a few practitioners that are actually presenting the comparable sales to sellers and are getting the job done.

No matter how you slice the cake, everyone is harmed by overpricing. Buyers and Sellers need to be given the black and white data so they can be afforded the opportunity to decide what is right for them.