Florence Homes
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Homes | Condos Townhomes | Land | Rentals | Open House | Market Report
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.
Prices…
Our Median Sales Price in December was $251,000, up 24.4% from $201,750 in December of 2019 and down -1.7% from $255,250 last month. The average sales price in December was $268,583, up 24.6% from $215,501 in December of 2019 and down -1.7% from $273,144 last month. December 2020 ASP was at highest level compared to December of 2019 and 2018. (more market report below photos)
We can currently see (25) homes available in Florence today.
Florence Homes ~ Newest Listings
Florence Homes ~ Monthly Market Report
Sales
December property sales were 83, up from 64 in December of 2019 and 22.1% higher than the 68 sales last month. December 2020 sales were at their highest level compared to December of 2019 and 2018. December YTD sales of 930 are running 28.8% ahead of last year’s year-to-date sales of 722.
Inventory
The total inventory of properties available for sale as of December was 62, up 31.9% from 47 last month and down -56.6% from 143 in December of last year. December 2020 Inventory was at the lowest level compared to December of 2019 and 2018.
Market Time
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 December was 24, down from 31 days last month and down from 51 days in December of last year. The December 2020 DOM was at its lowest level compared with December of 2019 and 2018.
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 December 2020 selling price per square foot of $146 was up 3.5% from $141 last month and up 25.9% from $116 in December of last year.
Contact Us
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 🙂