First Integrity Title Market Report

Florence, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Florence, AZ

Fri Mar 28 2025
This week the median list price for Florence, AZ is $139,300 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 4. 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 Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Florence, AZ

Fri Mar 28 2025
This week the median list price for Florence, AZ is $139,300 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 4. 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 Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Florence market.
Median List Price $139,300
Median Price of New Listings $0
Per Square Foot $249
Average Days on Market 53
Median Days on Market 32
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 27
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$139,900 551 0 - 4,500 sqft 1 1 43 0 0 42
$139,700 566 0 - 4,500 sqft 1 1 41 0 0 140
$138,900 551 0 - 4,500 sqft 1 1 43 0 0 7
$129,700 551 0 - 4,500 sqft 1 1 43 0 0 21