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
1 Needham Place 6 5 5,928 $895,000 $150 155 days
111 Church Avenue 1 1 874 $799,500 $914 157 days
TBD Indian Hills Road N/A N/A N/A $680,000 Unknown 781 days
1087 Moore Drive 3 2 1,872 $479,900 $256 39 days
TBD CR 84 N/A N/A N/A $360,000 Unknown 302 days
1332 3rd Street N/A N/A N/A $325,000 Unknown 8 days
10366 Hwy 115 2 2 1,152 $320,000 $277 27 days
204 Junior Court 2 2 1,530 $299,900 $196 5 days
112 Rose Drive 2 2 1,530 $299,900 $196 6 days
218 High Meadows Court 3 2 1,713 $299,900 $175 72 days
114 Rose Drive 2 2 1,530 $299,900 $196 72 days
TBD Hwy 115 N/A N/A N/A $295,000 Unknown 15 days
11713 Hwy 67 2 2 2,000 $279,000 $139 115 days
910 3rd Street 3 2 2,128 $240,000 $112 22 days
278 Arrowhead Drive 3 1 1,008 $209,900 $208 16 days
4664 Butte Road 4 2 2,028 $204,000 $100 4 days
210 High Meadows Drive N/A N/A N/A $198,500 Unknown 761 days
425 Main Street 2 2 1,192 $184,900 $155 21 days
TR 178 CR 119 N/A N/A N/A $177,000 Unknown 156 days
TBD MB CR 108 N/A N/A N/A $160,000 Unknown 134 days
Average: 2.6 2.0 1,797 $236,397 $229 182 days
Viewing 1 - 20 of 35
Viewing 1 - 20 of 35
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
0427 CR 143A 2 1 868 $335,000 $385 68 days
118 Rose Drive 2 2 1,530 $299,900 $196 59 days
216 High Meadows Court 3 2 1,730 $299,900 $173 89 days
803 Bear Paw Court 3 3 2,986 $299,900 $100 430 days
131 High Meadows Drive 3 3 2,200 $292,500 $132 230 days
501 Robinson Avenue 3 3 1,663 $270,500 $162 22 days
803 1st Street 3 2 1,220 $264,900 $217 164 days
502 Brookeway 3 2 1,530 $259,900 $169 8 days
808 5th Street 4 2 1,874 $255,000 $136 33 days
719 2nd Street 5 2 2,439 $245,000 $100 6 days
1022 4th Street 3 1 1,310 $239,000 $182 43 days
6703 Hwy 67 3 1 1,416 $209,900 $148 37 days
203 4th Street 3 2 1,284 $197,590 $153 55 days
203 8th Street 4 1 1,294 $182,000 $140 38 days
114 Robinson Avenue 2 2 990 $169,958 $171 29 days
824 2nd Street 2 1 1,065 $169,900 $159 65 days
TBD L1 Hazle Lane N/A N/A N/A $87,500 Unknown 134 days
Average: 3.0 1.9 1,587 $239,902 $170 89 days
Viewing 1 - 17 of 17
Viewing 1 - 17 of 17
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
5764 Locke Mountain Road 5 3 4,256 $515,000 $500,000 $117 265 days 3/6/20
500 CR 143A 3 3 2,266 $399,900 $392,450 $173 190 days 3/6/20
1081 CR 15 3 4 2,984 $375,000 $377,500 $126 66 days 6/25/20
601 CR 108 3 2 2,204 $375,000 $360,000 $163 69 days 3/6/20
2272 Twin Creek Road 3 3 2,046 $355,000 $355,000 $173 134 days 2/6/20
500 Brookeway 3 3 2,618 $324,900 $320,000 $122 26 days 6/8/20
124 Rose Drive 4 2 1,864 $315,000 $315,000 $168 146 days 5/13/20
819 Sumo Avenue 4 4 4,012 $299,000 $310,000 $77 56 days 4/20/20
205 Junior Court 2 2 1,530 $299,900 $302,500 $197 222 days 7/24/20
503 3rd Street 4 3 3,650 $314,900 $302,000 $82 233 days 4/9/20
122 Rose Drive 2 2 1,530 $299,900 $299,900 $196 145 days 6/18/20
206 Junior Court 2 2 1,530 $299,900 $299,900 $196 179 days 2/26/20
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
108 Yucca Avenue 4 2 2,358 $312,900 $295,000 $125 169 days 4/10/20
110 Rocchio Drive 4 3 2,030 $299,900 $295,000 $145 205 days 2/26/20
212 High Meadows Drive 3 2 1,620 $299,900 $290,000 $179 308 days 5/6/20
1565 CR 13A 3 2 1,852 $289,900 $280,000 $151 71 days 7/9/20
654 Bandito Trail 3 2 1,554 $294,500 $280,000 $180 186 days 2/7/20
441 Robinson Avenue 4 3 2,112 $263,000 $263,000 $124 318 days 3/27/20
Average: 3.0 2.0 1,683 $215,219 $209,406 $154 168 days
Viewing 1 - 20 of 57
Viewing 1 - 20 of 57