Winter Is The Best Time to Buy A Home in Florence!
As of this
posting, inventory has decreased to 209
homes from 275 active residential listings in October. The Florence Oregon
In the last 12 months we have sold 405 homes at a median sale price of $169000 and 189 CDOM and 95 median CDOM.
In the last 6 months we have sold 214 homes at a median sale price of $175000 with 168 av /94 median CDOM.
In the last 3 months we have sold 81 homes
at a median sale price of $175,000 with 158av/94 median CDOM.
The last 30 days have netted 18 sales at a
median sale price of $121000 with 258 av/ 58 median CDOM. In a small
market, a 30 day snapshot can not be counted on as a reliable indicator.
Even though sales are slower this time of
year, it was more active last summer than the past several years, due
in part to home seller/agent pricing that is closer to reality which has
resulted in shorter market times and more sales. I am hoping that selers ad
agents do not develop a bad case of amnesia and start overpricing again. It
also has much to do with continued historic low mortgage rates currently under
4% for a 30 year fixed rate.
In my view, the winter is the best time to buy.
When making an offer to purchase work with a
knowledgeable Broker and do NOT make an offer without a thorough CMA being
completed by your agent based on actual sales prices. Call a localexperienced buyer's broker today!
posted by Dale Saari @ 4:49 PM
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