First Integrity Title Market Report

Florence, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



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

Florence, AZ

Thu Feb 25 2021
This week the median list price for Florence, AZ is $458,750 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has held steady at or around 2. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Florence, AZ

Thu Feb 25 2021
This week the median list price for Florence, AZ is $458,750 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has held steady at or around 2. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Florence market.
Median List Price $458,750
Per Square Foot $366
Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent $1,100
Most Expensive $800,000
Least Expensive $117,500
Market Action 48
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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$458,750 1,093 0 - 4,500 sqft 2 2 30 1 0 21
$800,000 1,345 - 3 2 23 0 0 42
$117,500 840 0 - 4,500 sqft 2 2 37 1 0 0