First Integrity Title Market Report

Florence, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Florence, AZ

Wed Apr 24 2024
This week the median list price for Florence, AZ is $389,450 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 158. Click here to stay informed with the Florence market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Florence, AZ

Wed Apr 24 2024
This week the median list price for Florence, AZ is $389,450 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 158. Click here to stay informed with the Florence market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Florence market.
Median List Price $389,450
Median Price of New Listings $397,900
Per Square Foot $217
Average Days on Market 64
Median Days on Market 42
Price Decreased 47%
Price Increased 11%
Relisted 7%
Inventory 158
Median Rent
Market Action 39
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$519,990 2,386 8,000 - 10,000 sqft 3 2.5 6 4 4 56
$415,000 2,039 6,500 - 8,000 sqft 3 2 5 7 4 35
$355,450 1,757 4,500 - 6,500 sqft 3 2 4 5 2 42
$304,900 1,303 4,500 - 6,500 sqft 3 2 10 3 8 45