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
800 Frazier Avenue 3 2 2,078 $1,600,000 $769 92 days
Indian Hills Road N/A N/A N/A $875,000 Unknown 5 days
219 High Meadows Drive 4 3 2,602 $470,000 $180 103 days
TBD Moore Drive N/A N/A N/A $450,000 Unknown 5 days
Twin Creek Road N/A N/A N/A $409,000 Unknown 199 days
1366 CR 84 N/A N/A N/A $350,000 Unknown 64 days
TBD Hwy 115 N/A N/A N/A $325,000 Unknown 297 days
831 Main Street 2 2 1,688 $229,900 $136 239 days
210 High Meadows Drive N/A N/A N/A $198,500 Unknown 1043 days
508 Main Street N/A N/A N/A $125,000 Unknown 35 days
000 Bandito Trail N/A N/A N/A $89,000 Unknown 717 days
TBD L4 Newlin Ridge Road N/A N/A N/A $85,000 Unknown 262 days
TBD Newlin Ridge Road N/A N/A N/A $82,000 Unknown 722 days
602 Pikes Peak Avenue N/A N/A N/A $55,000 Unknown 596 days
TBD Union Street N/A N/A N/A $50,000 Unknown 177 days
TBD Lot 58 1st Street N/A N/A N/A $49,500 Unknown 21 days
550 Victory Lane N/A N/A N/A $45,000 Unknown 325 days
TBD Hwy 67 N/A N/A N/A $40,000 Unknown 87 days
Average: 3.0 2.3 2,122 $307,105 $362 278 days
Viewing 1 - 18 of 18
Viewing 1 - 18 of 18
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
301 High Meadows Drive 4 3 2,602 $445,000 $171 97 days
122 Main Street 2 2 2,580 $430,000 $166 183 days
124 Main Street 2 2 2,730 $415,000 $152 182 days
800 Main Street 3 2 1,617 $379,500 $234 113 days
540 Shadow Place 3 3 1,875 $369,900 $197 38 days
820 Sumo Avenue 3 3 2,696 $354,900 $131 7 days
4705 Joseph Street 3 2 1,300 $299,000 $230 34 days
731 Main Street 4 1 2,717 $299,000 $110 79 days
4707 Joseph Street 3 2 1,601 $279,900 $174 3 days
332 Arrowhead Drive 3 2 1,612 $274,000 $169 22 days
160 Santa Fe Avenue 2 2 2,296 $250,000 $108 22 days
736 1st Street 4 2 1,752 $249,900 $142 98 days
108 6th Street 2 2 1,254 $181,000 $144 183 days
221 Dewey Avenue 3 1 1,051 $180,000 $171 62 days
117 2nd Street 2 1 1,172 $172,500 $147 48 days
00037 CR 142 N/A N/A N/A $169,000 Unknown 59 days
505 Pikes Peak Avenue 2 1 1,232 $139,000 $112 24 days
TBD L2 Hazle Lane N/A N/A N/A $87,500 Unknown 49 days
TBD L3 Hazle Lane N/A N/A N/A $87,500 Unknown 49 days
1425 3rd Street 2 1 860 $70,100 $81 16 days
Average: 2.8 1.9 1,820 $256,635 $155 69 days
Viewing 1 - 20 of 20
Viewing 1 - 20 of 20
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
491 Newlin Ridge Road 4 3 3,308 $725,000 $692,500 $209 58 days 12/11/20
2401 CR 84 3 3 3,001 $465,000 $465,000 $154 38 days 11/19/20
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
1087 Moore Drive 3 2 1,872 $424,900 $380,000 $202 195 days 1/7/21
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
509 Cyanide Avenue 4 2 1,356 $350,000 $350,000 $258 45 days 1/28/21
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
704 Pioneer Lane 3 4 2,040 $289,958 $300,000 $147 54 days 4/14/21
10366 Hwy 115 2 2 1,152 $320,000 $300,000 $260 147 days 12/2/20
202 Junior Court 2 2 1,530 $299,900 $299,900 $196 128 days 12/11/20
204 Junior Court 2 2 1,530 $299,900 $299,900 $196 174 days 1/20/21
502 Brookeway 3 2 1,530 $286,000 $295,000 $192 41 days 5/12/21
631 Sylvanite 4 2 1,763 $279,900 $285,000 $161 41 days 12/17/20
Average: 3.0 1.9 1,717 $245,899 $240,933 $165 101 days
Viewing 1 - 20 of 67
Viewing 1 - 20 of 67