Wednesday, July 20, 2011

Florence OR Home Prices Creep Lower

As of this post the Florence Oregon RMLS shows that we have a 532 home inventory at an avereage and median asking price of $203000 and $163000 respectively, with 281 cumulative days on market.

During the last 12 months, we have closed 231 sales at a median sale price of $163000 and 255 CDOM average.

During the last 6 months, 104 properties sold at a median sale price of $161,000 and 212 CDOM.

During the last 30 days we have sold 20 homes with a median sale price of $156,000 w 214 CDOM. A 30 day snapshot is of little value in a small market.

Florence Oregon offers great buying opportunities if you area working with an experienced Buyer's broker.