Friday, September 11, 2009

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 asking vs sale price.

The Florence real estate market could be so much stronger for buyers and sellers if local practitioners would discard the "list at any price" mantra.

I have been hoping the majority of my peers develop the courage to start counseling their clients about proper pricing. Unfortuantely, that has not been the case.

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