Florence, CO - Realtime Market Report

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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
111 Church Avenue 1 1 874 $799,500 $914 245 days
TBD Indian Hills Road N/A N/A N/A $680,000 Unknown 869 days
529 2nd Street 7 4 6,455 $529,000 $81 5 days
1087 Moore Drive 3 2 1,872 $424,900 $226 127 days
Twin Creek Road N/A N/A N/A $409,000 Unknown 5 days
803 Bear Paw Court 3 3 2,986 $299,900 $100 518 days
1332 3rd Street N/A N/A N/A $295,000 Unknown 96 days
TBD Hwy 115 N/A N/A N/A $295,000 Unknown 103 days
304 High Meadows Way 3 2 1,472 $289,000 $196 36 days
501 2nd Street 3 3 2,688 $285,000 $106 31 days
587 Brookeway 3 2 1,296 $277,000 $213 74 days
831 Main Street 2 2 1,688 $239,900 $142 45 days
16278 Hwy 115 N/A N/A N/A $225,000 Unknown 63 days
210 High Meadows Drive N/A N/A N/A $198,500 Unknown 849 days
TR 178 CR 119 N/A N/A N/A $177,000 Unknown 244 days
TBD MB CR 108 N/A N/A N/A $160,000 Unknown 222 days
TBD MB CR 19 N/A N/A N/A $160,000 Unknown 222 days
TR 180 CR 119 N/A N/A N/A $149,000 Unknown 244 days
TR 179 CR 119 N/A N/A N/A $132,000 Unknown 244 days
000 Bandito Trail N/A N/A N/A $89,000 Unknown 523 days
Average: 3.1 2.4 2,416 $216,084 $247 228 days
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Viewing 1 - 20 of 32
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
491 Newlin Ridge Road 4 3 3,308 $725,000 $219 17 days
2401 CR 84 3 3 3,001 $465,000 $154 19 days
2 Scutti Drive 4 3 1,901 $345,000 $181 50 days
721 Robinson Avenue 3 3 1,612 $309,900 $192 57 days
202 Junior Court 2 2 1,530 $299,900 $196 87 days
204 Junior Court 2 2 1,530 $299,900 $196 93 days
118 Rose Drive 2 2 1,530 $299,900 $196 147 days
401 Robinson Avenue 3 2 1,410 $289,000 $204 36 days
139 High Meadows Drive 3 2 1,235 $229,900 $186 12 days
508 4th Street 2 2 1,824 $225,000 $123 8 days
220 Main Street 4 2 1,400 $220,000 $157 29 days
214 Kopfer Place 3 1 1,691 $214,900 $127 31 days
334 7th Street 3 1 1,144 $185,000 $161 66 days
722 Graphite Street 4 2 1,967 $184,900 $94 18 days
218 3rd Street 3 1 1,054 $147,000 $139 15 days
739 1st Street 2 1 756 $135,000 $178 44 days
Average: 2.9 2.0 1,680 $285,956 $169 46 days
Viewing 1 - 16 of 16
Viewing 1 - 16 of 16
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
152 High Meadows Drive 5 4 3,252 $420,000 $426,000 $130 47 days 10/19/20
1081 CR 15 3 4 2,984 $375,000 $377,500 $126 66 days 6/25/20
124 Brewster Lane 3 2 2,100 $359,000 $361,950 $172 44 days 8/7/20
108 Cholla Circle 4 3 2,160 $339,500 $350,000 $162 48 days 10/15/20
120 Pikes Peak Avenue N/A N/A N/A $449,000 $350,000 Unknown 55 days 9/28/20
0427 CR 143A 2 1 868 $335,000 $330,000 $380 64 days 7/31/20
500 Brookeway 3 3 2,618 $324,900 $320,000 $122 26 days 6/8/20
TBD CR 84 N/A N/A N/A $360,000 $320,000 Unknown 351 days 9/22/20
124 Rose Drive 4 2 1,864 $315,000 $315,000 $168 146 days 5/13/20
591 Brookeway 3 2 1,613 $305,000 $310,000 $192 46 days 10/2/20
205 Junior Court 2 2 1,530 $299,900 $302,500 $197 222 days 7/24/20
112 Rose Drive 2 2 1,530 $299,900 $299,900 $196 91 days 10/28/20
114 Rose Drive 2 2 1,530 $299,900 $299,900 $196 148 days 10/19/20
216 High Meadows Court 3 2 1,730 $299,900 $299,900 $173 120 days 9/4/20
122 Rose Drive 2 2 1,530 $299,900 $299,900 $196 145 days 6/18/20
116 Rose Drive 2 2 1,530 $299,900 $299,900 $196 304 days 6/12/20
154 High Meadows Drive 3 2 1,210 $306,000 $299,000 $247 35 days 7/1/20
218 High Meadows Court 3 2 1,713 $299,900 $290,000 $169 129 days 9/30/20
212 High Meadows Drive 3 2 1,620 $299,900 $290,000 $179 308 days 5/6/20
131 High Meadows Drive 3 3 2,200 $292,500 $282,500 $128 233 days 8/7/20
Average: 2.9 1.9 1,572 $222,186 $215,273 $159 132 days
Viewing 1 - 20 of 65
Viewing 1 - 20 of 65