About Florence Arizona Homes
Florence Arizona Homes are found in the SE Valley just SE of San Tan Valley and East of Coolidge, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.
We can currently see (114) homes available in Florence today.
November Property sales were 52, up 8.3% from 48 in November of 2016 and 44.4% higher than the 36 sales last month. November 2017 sales were at their highest level compared to November of 2016 and 2015. November YTD sales of 603 are running 13.6% ahead of last year’s year-to-date sales of 531.
The Median Sales Price in November was $158,750, up 0.5% from $157,945 in November of 2016 and down 9.5% from $175,450 last month. The Average Sales Price in November was $171,833, down 3.3% from $177,645 in November of 2016 and down 10.9% from $192,915 last month. November 2017 ASP was at a mid range compared to November of 2016 and 2015.
The Total Inventory of Properties available for sale as of November was 159, up 9.7% from 145 last month and down 19.3% from 197 in November of last year. November 2017 Inventory was at its lowest level compared with November of 2016 and 2015.
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for November was 65, down 13.3% from 75 days last month and up 10.2% from 59 days in November of last year. The November 2017 DOM was at a mid level compared with November of 2016 and 2015.
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The November 2017 Selling Price per Square Foot of $102 was up 11.8% from $91 last month and up 7.5% from 95 in November of last year.
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The November 2017 Selling Price vs Original List Price of 97.3% was up from 96.6% last month and up from 96.9% in November of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate advisor if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Corey Frederic –
Coldwell Banker Residential Brokerage