Friday, July 24, 2009

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 the one $550,000 sale the average sales price drops to $158,000.

In any event, this is a great time to have money to buy in the Florence market!


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