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
Indian Hills Road N/A N/A N/A $875,000 Unknown 79 days
721 Granite Street 4 3 2,967 $598,700 $201 38 days
219 High Meadows Drive 4 3 2,602 $470,000 $180 177 days
TBD Moore Drive N/A N/A N/A $450,000 Unknown 79 days
1835 CR 95 4 2 2,082 $415,000 $199 11 days
307 Robin Road 4 2 1,785 $312,000 $174 3 days
4707 Joseph Street 3 2 1,601 $300,000 $187 77 days
541 Main Street 3 1 1,584 $265,000 $167 3 days
160 Santa Fe Avenue 2 2 2,296 $250,000 $108 96 days
107 Front Street 2 N/A 1,148 $200,000 $174 56 days
407 Diebert Street 2 1 1,224 $185,000 $151 7 days
219 6th Street 1 1 612 $155,000 $253 8 days
000 Bandito Trail N/A N/A N/A $89,000 Unknown 791 days
TBD L4 Newlin Ridge Road N/A N/A N/A $85,000 Unknown 336 days
TBD Newlin Ridge Road N/A N/A N/A $82,000 Unknown 796 days
602 Pikes Peak Avenue N/A N/A N/A $55,000 Unknown 670 days
TBD Lot 58 1st Street N/A N/A N/A $49,500 Unknown 95 days
550 Victory Lane N/A N/A N/A $45,000 Unknown 399 days
TBD Hwy 67 N/A N/A N/A $40,000 Unknown 161 days
Average: 2.9 1.9 1,790 $259,010 $179 204 days
Viewing 1 - 19 of 19
Viewing 1 - 19 of 19
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
436 Main Street N/A N/A N/A $650,000 Unknown 49 days
301 High Meadows Drive 4 3 2,602 $445,000 $171 171 days
Twin Creek Road N/A N/A N/A $409,000 Unknown 273 days
1794 CR 119 3 2 2,482 $375,000 $151 40 days
626 3rd Street 3 2 1,430 $319,000 $223 3 days
110 Rose Drive 3 2 1,302 $300,000 $230 12 days
4705 Joseph Street 3 2 1,300 $299,000 $230 108 days
107 High Meadows Drive 3 2 1,605 $279,900 $174 14 days
213 Frazier Avenue 2 2 1,428 $219,900 $153 53 days
208 6th Street 3 2 1,150 $215,000 $186 54 days
461 7th Terrace 3 2 900 $184,958 $205 52 days
210 High Meadows Drive N/A N/A N/A $128,500 Unknown 1117 days
Average: 3.0 2.1 1,577 $318,771 $191 162 days
Viewing 1 - 12 of 12
Viewing 1 - 12 of 12
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
2359 CR 84 4 3 2,858 $450,000 $457,000 $159 36 days 6/24/21
529 2nd Street 7 4 6,455 $529,000 $450,000 $69 114 days 2/17/21
303 High Meadows Drive 3 2 1,713 $395,000 $402,369 $234 73 days 3/19/21
150 High Meadows Drive 3 2 1,524 $375,000 $380,000 $249 35 days 6/23/21
555 Main Street 2 2 3,125 $369,000 $369,000 $118 100 days 5/7/21
125 Wetmore Vista Drive 3 2 1,736 $375,000 $365,000 $210 93 days 3/5/21
820 Sumo Avenue 3 3 2,696 $354,900 $354,900 $131 35 days 6/10/21
540 Shadow Place 3 3 1,875 $369,900 $350,000 $186 53 days 5/28/21
509 Cyanide Avenue 4 2 1,356 $350,000 $350,000 $258 45 days 1/28/21
1117 Fourth Street 4 3 1,925 $330,000 $340,000 $176 37 days 6/30/21
203 Junior Court 2 2 1,530 $349,900 $340,000 $222 60 days 2/26/21
25 Hwy 120 2 1 1,152 $335,000 $335,000 $290 62 days 3/5/21
1565 CR 13A 3 2 2,028 $319,970 $325,000 $160 36 days 4/5/21
134 High Meadows Drive 5 3 3,192 $354,900 $325,000 $101 94 days 2/18/21
106 Rose Drive 3 2 1,660 $325,000 $320,000 $192 12 days 3/31/21
721 Robinson Avenue 3 3 1,604 $316,000 $316,000 $197 92 days 4/14/21
402 Gumaer Avenue 4 2 2,208 $299,000 $313,500 $141 37 days 7/16/21
107 2nd Street 3 2 1,844 $289,900 $306,000 $165 32 days 5/28/21
704 Pioneer Lane 3 4 2,040 $289,958 $300,000 $147 54 days 4/14/21
731 Main Street 4 1 2,717 $299,000 $299,000 $110 52 days 4/16/21
Average: 3.0 2.0 1,730 $235,312 $232,811 $157 93 days
Viewing 1 - 20 of 67
Viewing 1 - 20 of 67