Thursday, October 7, 2010

Florence OR Real Estate Sales Increase!

The Florence Oregon real estate market netted 28 sales last month (up from 22), while the YTD (year to date) median sale price decreased.

According to RMLS sales data, YTD we have had 195 sales 21 sales/mo average at a median sales price of $162,000 (down from last months YTD report of $172,000) with an average cumalitive days on market being 285.

When comparing the above actual sales data with the median asking price of $220,000, the realities are stark.

Florence Oregon is definitely a Buyer's market at least in the forseeable future.