Monday, June 7, 2010

Florence OR Real Estate Opportunities Abound!

The Florence Oregon residential inventory has increased to 478. The average asking price is $243,000 with a cumalitive Days on Market of 333. The current median asking price of $225,000.

The last 6 months of residential home sales activity have netted 123 sales at an average sale price of $193,000 and a median sales price of $165,000.

I am hoping that we are nearing the bottom of the market. The numbers of sales per month have bounced from 10-12 sales per month last year to around 20 residential sale per month over the last 6 months.

If you are considering buying or selling Florence Oregon property, now is the time to to act by contacting an experienced Florence OR real estate Broker!

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