First Integrity Title Market Report

Florence, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Current active inventory in Florence, AZ is very low. Keep this in mind when looking at this report.

Florence, AZ

Thu Apr 25 2024
This week the median list price for Florence, AZ is $128,000 with the market action index hovering around 34. This is an increase over last month's market action index of 18. Inventory has held steady at or around 3. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Florence, AZ

Thu Apr 25 2024
This week the median list price for Florence, AZ is $128,000 with the market action index hovering around 34. This is an increase over last month's market action index of 18. Inventory has held steady at or around 3. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Florence market.
Median List Price $128,000
Median Price of New Listings $126,500
Per Square Foot $232
Average Days on Market 14
Median Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 34
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$199,000 840 0 - 4,500 sqft 2 1 39 0 0 14
$128,000 551 0 - 4,500 sqft 1 1 42 0 0 7
$126,500 551 0 - 4,500 sqft 1 1 42 1 0 21