First Integrity Title Market Report

Florence, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Florence, AZ

Fri Apr 23 2021
This week the median list price for Florence, AZ is $379,945 with the market action index hovering around 83. This is less than last month's market action index of 85. Inventory has held steady at or around 42. 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

Fri Apr 23 2021
This week the median list price for Florence, AZ is $379,945 with the market action index hovering around 83. This is less than last month's market action index of 85. Inventory has held steady at or around 42. 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 $379,945
Per Square Foot $187
Days on Market 18
Price Decreased 14%
Price Increased 14%
Relisted 2%
Inventory 42
Median Rent $1,795
Most Expensive $1,041,250
Least Expensive $231,900
Market Action 83
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. 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
$557,500 2,516 1 - 2.5 acres 2 2 15 2 0 35
$399,945 2,287 8,000 - 10,000 sqft 4 2 2 3 1 31
$339,900 2,000 4,500 - 6,500 sqft 3 2 0 5 3 21
$289,000 1,551 0 - 4,500 sqft 3 2 0 6 3 0