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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.
Our Median Sales Price in August was $322,500, up 40.2% from $229,950 in August of 2020 and down -4.6% from $338,000 last month. The average sales price in August was $339,329, up 38.5% from $245,054 in August of 2020 and down -3.0% from $349,689 last month. August 2021 ASP was at highest level compared to August of 2020 and 2019. (more market report below photos)
We can currently see (71) homes available in Florence today.
Florence Homes ~ Newest Listings
Florence Homes ~ Monthly Market Report
August property sales were 74, down from 78 in August of 2020 and -7.5% lower than the 80 sales last month. August 2021 sales were at a mid level compared to August of 2020 and 2019. August YTD sales of 563 are running -8.0% behind last year’s year-to-date sales of 612.
The total inventory of properties available for sale as of August was 111, up 76.2% from 63 last month and up 37.0% from 81 in August of last year. August 2021 Inventory was at a mid range compared to August of 2020 and 2019.
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 August was 15, down from 17 days last month and down from 41 days in August of last year. The August 2021 DOM was at its lowest level compared with August of 2020 and 2019.
Selling Price / 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 August 2021 selling price per square foot of $184 was up 4.0% from $177 last month and up 40.5% from $131 in August 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 adviser 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 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂