Year Over Year Review of Florence Oregon Real Estate Trends
As a local professional Realtor, I get asked how the market is doing every time I am at the grocery store. I definitely do not mind, I love talking about it. Especially the market that we are in!
We all know that the market is doing "good", "great" or even "sublimely awesome" but do you know just how awesome it is?
The following information has been taken directly from the Regional Multiple Listing Service and covers the area within the city limits of Florence, not including Greentrees Village and Coast Village. It represents May 2019 with one year ago of May 2018.
The Average Median Sold Price is Up 11.3% from last year, 17.8% from last month.
Homes For Sale is Down 38.6% from last year. Escrows Are Up 50%
The Average Sold Price per Square Feet is Up 20% compared to last year
Months of Inventory is Down 38.8% compared to last year.
Florence Oregon is still a healthy sellers market. If you have been thinking of selling, now is your most opportune time!