2021 Real Estate Market Review for Florence Oregon
Prices soared upwards in 2021 through out Florence and the surrounding areas with Median Sold Prices rising from 17% to 51% from the previous year.
The following data has been gathered from the Regional Multiple Listing Service of the areas of Florence city limits, Florence beach areas, south of city limits including Dune City, north of city limits, east of Florence and Mapleton, Florentine, Greentrees and Coast Village, respectfully.
Areas are listed individually, comparing the year in full with the previous data of 2020, and include the information of Median Sold Price, sold's per area, Days on the Market and sold price per square feet.
Florence City Limits
The Median Sold Price in city limits of Florence rose +23.8% over last year ending the year with 228 sold residential properties with a median sold price of $373,000.
The average sold price per square feet was $244 and active Days on the Market was 37.
Florence Beach Area
The Median Sold Price in the beach area of Florence rose +18.6% ending the year with 70 sold residential properties with a median sold price of $396,750.
The average sold price per square feet was $286 and active Days on the Market was 30.
South of Florence including Dune City
The Median Sold Price south of Florence including Dune City rose +17.3% ending the year with 49 sold residential properties with a median sold price of $500,000.
The average sold price per square feet was $266 and active Days on the Market was 69.
Florence North of City Limits
The Median Sold Price north of Florence rose +41.2% ending the year with 55 sold residential properties with a median sold price of $460,000.
The average sold price per square feet was $282 and active Days on the Market was 78.
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East of Florence and Mapleton
The Median Sold Price east of Florence including Mapleton rose +51.6% ending the year with 38 sold residential properties with a median sold price of $391,500.
The average sold price per square feet was $235 and active Days on the Market was 38.
Florentine Estates
The Median Sold Price north of Florentine rose +22.1% ending the year with 32 sold residential properties with a median sold price of $383,000.
The average sold price per square feet was $214 and active Days on the Market was 34.
Greentrees
The Median Sold Price north of Greentrees rose +29.4% ending the year with 46 sold residential properties with a median sold price of $247,950.
The average sold price per square feet was $188 and active Days on the Market was 40.
Coast Village
The Median Sold Price north of Coast Village rose +27.1% ending the year with 10 sold residential properties with a median sold price of $141,250.
The average sold price per square feet was $256 and active Days on the Market was 88.
If you have been thinking of selling now is an opportune time. To find out what your current value is from a local professional Real Estate Broker Click Here.
Laura Wilson, Broker
Winderemere Real Estate, Florence Oregon
541.999.9688