Florence, CO - Realtime Market Report

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Market Report as of 

While Florence has less inventory than other areas in Fremont County, such as Canon City, there are someFlorence, Colorado incredible properties that can be purchased if swift action is taken.  Following the rise in the Denver (#1 market in the nation for 2016) and Colorado Springs housing markets, Florence is generating a lot of interest.  Home and land values are increasing as the listing inventory is shrinking.  In shifting to a seller's market, demand is starting to outpace the current inventory.

Concerning potential sellers:  If you are thinking of selling, now is a profitable time to make this decision.  There is currently noticeable risk of interest rates being raised.  If interest rates move up one point, buyers' purchasing power is reduced by 10%.  This implies there will be a much smaller pool of purchasers who are able to buy your property at the price that's desired.  Historically, this can lead to a reduction in your price to an uncomfortable degree.

Concerning potential buyers:  Variables concerning market volatility for the nation are mostly stable, interest rates are exceedingly low (with current risk of them being raised), and the number of properties available in this area is moving towards all-time lows.  If you are looking to purchase real estate in Florence, your window of opportunity is shrinking for a desirable price.

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
12000 Auckland Avenue 3 2 2,968 $697,000 $234 98 days
Indian Hills Road N/A N/A N/A $675,000 Unknown 206 days
2705 CR 84 3 2 1,712 $674,900 $394 28 days
10830 Hwy 115 N/A N/A N/A $525,000 Unknown 99 days
320 Gumaer Avenue N/A N/A N/A $500,000 Unknown 76 days
302 2nd Street 1 1 1,380 $490,000 $355 20 days
TBD Moore Drive N/A N/A N/A $450,000 Unknown 206 days
803 Bear Paw Court 3 3 2,986 $389,900 $130 76 days
4606 Joseph Street 2 2 1,754 $329,900 $188 15 days
110 Highland Avenue 5 2 2,128 $328,999 $154 99 days
1150 Main Street N/A N/A N/A $325,000 Unknown 74 days
212 Mica Street 4 1 1,180 $259,900 $220 22 days
307 Oriole Road 4 2 1,144 $254,900 $222 13 days
105 Front Street 1 2 1,560 $249,900 $160 112 days
1312 3rd Street 3 2 1,350 $229,000 $169 6 days
107 Front Street 2 N/A 1,148 $200,000 $174 183 days
239,249... Arrowhead Drive N/A N/A N/A $150,000 Unknown 15 days
700 Shoop Drive 3 2 1,232 $130,000 $105 71 days
000 Bandito Trail N/A N/A N/A $89,000 Unknown 918 days
TBD L4 Newlin Ridge Road N/A N/A N/A $85,000 Unknown 463 days
Average: 2.8 1.9 1,711 $302,516 $209 189 days
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Viewing 1 - 20 of 24
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
219 High Meadows Drive 4 3 2,602 $470,000 $180 304 days
287 CR 143A 3 2 1,820 $410,000 $225 77 days
6555 Locke Mountain Road 3 2 1,860 $384,000 $206 90 days
4705 Joseph Street 3 2 1,300 $299,000 $230 235 days
723 1st Street 4 2 1,697 $280,000 $164 40 days
722 3rd Street 3 1 1,350 $229,900 $170 102 days
804 1st Street 2 1 1,025 $179,900 $175 21 days
410 Pikes Peak Avenue 1 1 552 $145,000 $262 18 days
TBD Victory Lane N/A N/A N/A $35,000 Unknown 45 days
Average: 2.9 1.8 1,525 $270,311 $201 104 days
Viewing 1 - 9 of 9
Viewing 1 - 9 of 9
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
800 Frazier Avenue 3 2 2,078 $1,600,000 $850,000 $409 174 days 8/3/21
436 Main Street N/A N/A N/A $650,000 $650,000 Unknown 57 days 8/3/21
721 Granite Street 4 3 2,967 $598,700 $598,700 $201 140 days 11/5/21
400-404 2nd Street N/A N/A N/A $535,000 $528,000 Unknown 59 days 11/1/21
2359 CR 84 4 3 2,858 $450,000 $457,000 $159 36 days 6/24/21
301 High Meadows Drive 4 3 2,602 $445,000 $445,000 $171 207 days 8/31/21
249 High Meadows Drive 4 3 2,490 $415,000 $410,000 $164 62 days 11/9/21
105 Rocchio Drive 4 3 2,600 $400,000 $400,000 $153 39 days 9/24/21
Twin Creek Road N/A N/A N/A $409,000 $400,000 Unknown 288 days 8/10/21
835 Sumo Avenue 3 3 2,554 $398,000 $388,000 $151 45 days 9/10/21
420 Cyanide Avenue 3 2 1,704 $375,000 $376,000 $220 34 days 11/18/21
311 High Meadows Way 3 2 1,568 $315,000 $365,000 $232 40 days 9/13/21
1794 CR 119 3 2 2,482 $375,000 $365,000 $147 62 days 8/17/21
800 Main Street 3 2 1,617 $379,500 $365,000 $225 204 days 8/12/21
1835 CR 95 4 2 2,082 $399,000 $356,362 $171 76 days 9/29/21
820 Sumo Avenue 3 3 2,696 $354,900 $354,900 $131 35 days 6/10/21
102 Rocchio Drive 4 3 2,032 $349,900 $350,000 $172 46 days 10/15/21
1117 Fourth Street 4 3 1,925 $330,000 $340,000 $176 37 days 6/30/21
10719 Hwy 115 3 2 1,802 $339,900 $339,900 $188 64 days 8/5/21
710 Pioneer Lane 4 3 3,572 $344,900 $335,000 $93 70 days 11/8/21
Average: 3.0 2.0 1,634 $291,146 $277,723 $178 93 days
Viewing 1 - 20 of 64
Viewing 1 - 20 of 64