- A Look Back - Florence, Alabama Real Estate Market Trends
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As mentioned in my previous blog "It's Not All Gloom and Doom", the real estate market in Florence Alabama and the Shoals area has seen very gradual and modest growth. Here is a look back over the last 5 years at the real estate market in the Shoals (including Florence). Statistics were taken from the Shoals Area MLS.
Year | Avg. Sold Price | Total Homes Sold |
2003 | $107,409 | 1291 |
2004 | $114,038 | 1448 |
2005 | $115,788 | 1654 |
2006 | $121,472 | 1671 |
2007 | $132,088 | 1802 |
As of Sept. 25, 2008, the average sold price is $133,500 and there have been 1215 homes sold in the Shoals area.
Deidre Berry
Email: deidre@HomesOfTheShoals.com
Web: http://HomesOfTheShoals.com
Florence, AL Real Estate
- It's Not All Gloom and Doom!
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Guess what? The real estate market isn't bad everywhere. The media reminds me of my 13 & 14 yr. old daughters who tend to exaggerate with statements like "EVERYONE got a bad grade on the test" (like that's going to excuse their bad grade!) or "ALL of my friends have a cell phone" (my girls are going to have to wait a little longer).
The media needs to take a look at some of the real estate markets that are actually doing well...like real estate in Florence, Alabama.
We have seen very gradual and modest growth in the Florence, AL real estate market over the last few years. Yes, it's now taking a little longer for homes to sell and we have seen more foreclosures, but overall things are good! Of course, we didn't have the dramatic spike in prices that many areas of the county had before the bottom dropped out either.
According to an article in the Times Daily, statistics from the Alabama Center for Real Estate show that the Muscle Shoals region is ranked first in the state's smaller markets for the greatest stability in home sales for the year to date. This would include homes for sale in Florence, Alabama and the rest of the Shoals area.
So...if the media would stop exaggerating and applying the bad real estate market to "EVERYONE", maybe we could hear more good news instead of all the gloom and doom. I'm ready...how about you?
Deidre Berry
Email: deidre@HomesOfTheShoals.com
Web: http://HomesOfTheShoals.com
Florence, AL Real Estate
- What a great week for Florence, Alabama and the Shoals area!
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We had the privilege of hosting the Alabama Assoc. of Realtors 2008 convention at the Marriott Shoals Hotel & Convention Center last week, Sept. 16-19. This was the first time that the convention had been in Florence, and to make it extra special, the new president for AAR is a local...Joe Rhodes. I attended several of the CEU classes and would highly recommend Dick Betts and Anne Powell. By the end of Thurs. evening, my brain was on overload! But after listening to them, I'm fired up and ready to put some new practices in place...like blogging! Now I just have to take the rest of the information and apply it...
Judging from the comments of out-of-town agents, Florence made a good impression. I think many were surprised at how pretty it is. With our low property taxes, affordable homes and friendly people, you really can't go wrong buying a home in Florence (more to come on that later). Those are just a couple of reasons why Florence and the surrounding area is considered the "best kept secret" in Alabama.
If you haven't been to our corner of northwest Alabama, come by for a visit!
Deidre Berry, Realtor
Email: deidre@HomesOfTheShoals.com
http://HomesOfTheShoals.com
- Price Reduced on 2215 N. Wood Ave. in Florence, AL
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The property located at 2215 N. Wood Ave. in Florence, AL has been reduced to $79,900! This is a 3 bed/2 bath cottage style home with hardwood floors and a large master bedroom. For more information, click on the link below.
Property information
- New Price on 116 Comer St. in Rogersville, AL
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The property located at 116 Comer St. in Rogersville, AL has been reduced to $154,900. This 3 bed 2 bath one-owner home is neat, clean and ready to move in! The location makes it an easy commute to Huntsville, Decatur, Athens or Florence. Click on the link below for more information and pictures.
Property information
- Just Listed! 3 bed 2 bath home in Killen, AL with lake access
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1876 sq. ft., 2 story - 
$150,000
Bluewater Village subdivision - Killen, AL - This 3 bed 2 bath home in Brooks School district has a living room with hardwood floors, large kitchen and breakfast area, bonus room, loft area, 18 x 36 inground pool, 2 car garage and community access to Wilson Lake with a boat ramp and pier - just a short walk from the house! Freshly painted inside, new pool pump, newer H/AC for 1st floor. Must see! Buyer to verify sq. footage.
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- Open House at 116 Comer St. in Rogersville, AL on July 20th
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I invite everyone to visit the open house at 116 Comer St. in Rogersville, AL on July 20 from 1:00 PM to 3:00 PM. Hope to see you there!
Directions: From Florence, take 72 east. Go through the main stop light in Rogersville, turn right on Comer St.. House is on the left.
From Huntsville, take 72 west. Turn left on Comer St. in Rogersville. House is on the left.
Property information
- 3 bed 2 bath Home For Sale in Florence, AL
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3 bdrm, 2 bath, 1289 sq. ft., single story - MLS® $84,500
Florence, AL - Cute 3 bed/2 bath cottage with new roof and lots of updates! Large master bedroom with attached full bath and closet was added on to the original house. Master could also be used as a family room. Refrigerator, washer/dryer and entertainment center are included as is with the purchase of the house. Large attic space for extra storage with the possibility of finishing for additional room. Convenient to the University and shopping areas! 1 yr. home warranty provided by seller. Buyer to verify sq. footage.
Property information
- Price Reduced on 1507 Ridge Ave in Florence, AL
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Announcing a price reduction on 1507 Ridge Ave in Florence, AL. This 3 bedroom 1 bath home has approx. 1208 sq. ft. Now $67,000 - Reduced!
Property information
- Price Reduced on 126 Rivermont Rd. in Florence, AL
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Announcing a price reduction on 126 Rivermont Rd. in Florence, AL. This home is a split level ranch style with 1635 sq. ft., 3 bdrms 2 baths, and a finished basement. Now $97,000 - Reduced!
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- Back on the Market! New 3 bed/2 bath Home For Sale in Florence, AL
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3 bdrm, 2 bath, 1200 sq. ft., single story - MLS® $86,000
Florence, AL - Back on the Market - sale fell thru! New 3 bed/2 bath home close to Central High School. Great for first time homebuyers or downsizing. Easy maintenance vinyl exterior, wood laminate floors in open living room/dining room combo, French doors lead to back deck. Master bedroom has a private bath. Single carport. This home is ready to move in!
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- 3 bed/1 bath For Sale in Florence, AL - Close to UNA
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Homewood Park, Florence - 3 bed 1 bath close to the University of North Alabama. 1208 sq ft., hardwoods throughout, carport, fenced yard. Laundry hookups in kitchen or ouside in enclosed area of carport. Great first home or investment property. Could be really cute with a few special touches! $68,500.
Property information
- Price Reduced on Multi-Unit Apt. Complex in Russellville, AL
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Russellville, AL - Announcing a price reduction on 11745 Hwy. 43, a 7,300 sq. ft. multiplex apt. building. Now $214,000 - Reduced!.
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- Open House at 6150 River Rd. in Muscle Shoals - Sunday, June 8th
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Muscle Shoals, AL - I invite everyone to visit the open house at 6150 River Rd. on Sunday June 8th from 1:00 p.m. to 4:00 p.m.
Directions: From Muscle Shoals, take River Rd. east. Go past Stanfield's Steakhouse. House will be on the right. Hope to see you there!
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- 164 Bainbridge Circle in Muscle Shoals is Sold!
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Muscle Shoals, Colbert County - This 5 bed/3 bath home located at 164 Bainbridge Circle in Muscle Shoals, AL had a contract 8 days after listing and sold in 30 days for full price!
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