First Integrity Title Market Report

Florence, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Florence, AZ

Wed Mar 03 2021
This week the median list price for Florence, AZ is $362,990 with the market action index hovering around 87. This is less than last month's market action index of 88. Inventory has held steady at or around 26. 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.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Florence, AZ

Wed Mar 03 2021
This week the median list price for Florence, AZ is $362,990 with the market action index hovering around 87. This is less than last month's market action index of 88. Inventory has held steady at or around 26. 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.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Florence market.
Median List Price $362,990
Per Square Foot $185
Days on Market 14
Price Decreased 8%
Price Increased 27%
Relisted 4%
Inventory 26
Median Rent $1,495
Most Expensive $1,300,000
Least Expensive $219,900
Market Action 87
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$624,450 2,384 5 - 10 acres 3 2 14 0 0 45
$414,445 2,151 8,000 - 10,000 sqft 3 2 6 2 1 17
$349,000 2,122 0 - 4,500 sqft 4 2 1 1 3 7
$274,900 1,500 4,500 - 6,500 sqft 3 2 1 3 5 14