Wednesday, November 10, 2010

Florence OR Real Estate Post Election Market Update

Currently we have a total of 431 active residential homes for sale at $233,000 average and $209,000 median asking price.

YTD,we have sold an average of 23 homes per month at an average and median sale price of $187000 and $163,000 repsectively.

Currently, Florence OR real estate practioners and sellers, as a whole are still overpricing the market by roughly 22%.

While many practitioners and sellers do not wish to face the realities of the current market, there are still many excellent buying opportunities in Florence if you are working with an experienced Broker/agent!