Florence, AL

Florence Alabama homes for sale are a great investment especially when you look at what this area has to offer. The shoals area has a combined population of 147,137 and growing. Industry continues to visit and decide to stay. Florence Alabama continues to offer the latest in dining trends which includes Olive Garden, Buffalo Wild Wings, Five Guys Burgers and Fries and many, many more.

Florence Alabama currently has a Publix grocery store under construction in the new development on Cox Creek Parkway. This new development includes a new Hibbett Sporting Goods store, Books-A-Million and Joe Muggs. Rumors are that there will be a new Panera Bread in the new Florence Alabama development.

New blue collar industries include Navistar which is establishing it’s roots in Cherokee Alabama and North Alabama Lighting has indicated that it’s current facility will include expansions and new job openings as well. New jobs spell new money. Who said the Florence Alabama area has seen the depression? Just drive thru the city of Florence Alabama and see for yourself.

According to our latest Florence Alabama housing market statistics, our market is up 18.54% compared to last years sales volume. Housing inventories have dropped and the median and average sales prices is up. Sales in the $300,000 range and up area also beginning to show a change for the better.

News just broke today that the the local Veterans Park in Florence Alabama could get a multi-court indoor/outdoor tennis facility. Estimated costs of the new facilities could cost $10 million, $2 million of which has already been set aside for the infrastructure by the city of Florence Alabama. Local government is proposing a 2 cent per gallon fuel tax to help fund the multi-court indoor/outdoor tennis facility.

Florence Alabama city officials believe that these tennis courts could have a $2 million a year economic impact. So why not invest in Florence Alabama homes for sale?

Florence AL Real Estate / Homes For Sale/Pending/Sold

December 2011 Market Report

41 homes sold during the month of December 2011 in Florence AL. Of these 41 homes, the lowest sales price was $8,750 and the highest was $650,000. Compared to December of last year, number of sales are up, average sales price is up and average days on market is down. Very good news for the Florence AL real estate market.

December Sales broken down by PricePoint shows us the majority of sales are still under $100,000.

December monthly sales figures have steadily risen since the 5 year low in 2008. This is a great example that real estate is local. You shouldn't listen to the national headlines to find out what is going on in your local market.

There are currently 250 homes for sale in Florence AL. These homes broken down by PricePoint:

104 - under $100,000

50 - $100,000 - $149,900

49 - $150,000 - $199,900

22 - $200,000 - $300,000

25 - $300,000 and up

If you would like a complete list of homes in any price range give me a call at 256-366-6292.

When you are ready to buy or sell a home in Florence AL you will need an internet savvy agent who knows the local market.....I can help you with that! You can reach me anytime on my cell at 256-366-6292, by email karen.poss@coldwellbanker.com or website www.karenposshomes.com.

With interest rates the lowest in decades...there has NEVER been a better time to buy or sell in Florence AL.

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Florence AL Homes For Sale/Pending/Sold -

Florence AL Market Report Nov 2011

37 properties sold in Florence AL during the month of Nov 2011 (4 were foreclosures)
The average list price of homes sold was $151,947 with a high of $625,000 and a low of $30,500.
The average sold price was $138,602 with a high of $595,000 and a low of $29,900.
Average number of days on market was 95 with a high of 463 and a low of 0(meaning property was sold at time of listing-there were 3 sells with 0 days on the market).



Sales are up by 14 compared to November of 2010. Average list price is up and average days on market is down. With current interest rates being the lowest in history...there has never been a better time to buy or sell a home.



Homes in Florence AL are serviced by the Florence City School District. There are currently 281 homes for sale in Florence AL. If you would like to see available homes for sale in your price range give me a call at 256-366-6292. Or you can find current MLS listings on my website at www.karenposshomes.com.

When you are ready to find an Internet Savvy Realtor who knows the local market...I can help you with that! You can reach me anytime on my cell at 256-366-6292.

Florence AL Homes For Sale

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Foreclosures For Sale

Waterfront Homes For Sale

Foreclosures in Florence AL - Market Report for 2011 by Quarter

1st Quarter 2011

10 homes sold during the 1st quarter
The average list price was $60,436 with lowest price of $14,900 and highest price of $269,900.
The average sold price was $56,234 with lowest price of $11,500 and highest price of $250,000.
On average, foreclosures in Florence AL sold for 93% of their list price.
Average number of days on market was 35 with lowest at 0 (meaning it was sold at time of listing) and the highest at 79.

2nd Quarter

13 homes sold during the 2nd quarter
The average list price was $43,589 with the lowest of $10,000 and highest of $105,900.
The average sold price was $38,801 with the lowest of $9,101 and highest of $105,900.
On average, foreclosures in Florence AL sold for 89% of their list price.
Average number of days on market was 87 with lowest at 13 and the highest at 220.

3rd Quarter

8 homes sold during 3rd quarter
The average list price was $38,188 with the lowest of $22,400 and the highest of $87,900.
The average sold price was $35,775 with the lowest of $18,250 and the highest of $92,510.
On average, foreclosures in Florence AL sold for 94% of their list price.
Average number of days on market was 62 with lowest at 8 and highest at103.

4th Quarter thru November 30th

6 homes sold so far in the 4th quarter
The average list price was $54,150 with lowest of $35,700 and highest of $99,900.
The average sold price was $52,000 with lowest of $35,000 and highest of $94,500.
On average, foreclosures in Florence AL sold for 96% of their list price.
Average number of days on market was 99 with lowest at 29 and highest at 233.

There are currently 8 foreclosures for sale and 3 under contract. The average days on market for active listings is 42. If you are thinking of buying a foreclosure in Florence AL this reports should tell you this...
1) Find a good Realtor who will be ready to alert you of new foreclosures the minute they hit the market.
2) Have your financing in order
a) if you are planning to pay cash - have a copy of your bankstatement showing you have the funds available
b) if you are planning to get a loan...go ahead and get pre approved so you can provide the pre approval letter with your offer. Your Realtor should be refer you to a lender who will help you
3) Be ready to move quickly - have the "little details" taken care of ahead of time. When a good home that is priced right hits the market...it will sell quickly.

When you are ready to find a good Realtor...I can help you with that! Call me at 256-366-6292. Or to see full details of current foreclosures for sale visit my website.

Foreclosures For Sale In Florence AL - Market Report for November 2011

There are currently 8 foreclosures for sale and 3 under contract. The average days on market for active listings is 42. If you are thinking of buying a foreclosure in Florence AL this report should tell you...
1) Find a good Realtor who will be ready to alert you of new foreclosures the minute they hit the market.
2) Have your financing in order
a) if you are planning to pay cash - have a copy of your bank statement showing you have the funds available
b) if you are planning to get a loan...go ahead and get pre approved so you can provide the pre approval letter with your offer. Your Realtor should be able to refer you to a lender who will help you
3) Be ready to move quickly - have the "little details" taken care of ahead of time. When a good home that is priced right hits the market...it will sell quickly.

When you are ready to find a good Realtor...I can help you with that! Call me at 256-366-6292. Or to see full details of current foreclosures for sale visit my website.

Foreclosures In Florence AL

Homes For Sale In Florence AL

Owner Financing in Florence AL