Is Florence Lake a buyer's or seller's market right now?
Florence Lake is currently a buyer's market with 6.9 months of inventory (MOI). There are 39 active listings and approximately 6 sales in the last 30 days, indicating higher inventory giving buyers more negotiating power. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.
What is the median home price in Florence Lake?
The current median home price in Florence Lake is $590K. This is down 14.3% compared to the same period last year. This is based on 140 sales over the past 12 months.
How should I price my home in Florence Lake?
Homes in Florence Lake are currently selling at 98.4% of their list price, with an average of 42 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 12% sold above list price and 73% sold below.
How long do homes take to sell in Florence Lake?
Homes in Florence Lake currently take an average of 42 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Florence Lake?
The median price per square foot in Florence Lake is $549. This metric is useful for comparing value across different property sizes and types.
Are homes in Florence Lake selling above or below assessed value?
Homes in Florence Lake are selling at an average of 97.0% of their BC Assessment value (based on 14 recent sales). Homes are selling below their BC Assessment values, which can occur in a softening market or when assessments haven't been adjusted down.
How many homes are selling in Florence Lake?
In the last 30 days, 6 homes sold in Florence Lake. Over the past 12 months, 140 properties have sold. There are currently 39 active listings on the market.
Are real estate sales increasing or decreasing in Florence Lake?
Sales volume in Florence Lake has been increasing over the last 3 months: Apr 2026 (4 sales), May 2026 (7 sales), Jun 2026 (6 sales). Over the full 12-month period, there were 140 total sales.
How many homes, condos, and townhomes are for sale in Florence Lake?
There are currently 39 properties for sale in Florence Lake, including 9 single family homes, 30 condos. Listings are updated daily from the MLS® system.
What is the single family home market like in Florence Lake?
The median single family home price in Florence Lake is $1.08M (-2.7% year-over-year). The single family market is currently a buyer's market with 13.5 months of inventory. Houses take an average of 33 days to sell. The median price per square foot is $475.
What is the condo market like in Florence Lake?
The median condo price in Florence Lake is $540K (-2.4% year-over-year). The condo market is currently a buyer's market with 6.9 months of inventory. Condos take an average of 46 days to sell. The median price per square foot for condos is $595. There were 86 condo sales in the past 12 months.
What is the townhome market like in Florence Lake?
The median townhome price in Florence Lake is $745K. Townhomes take an average of 40 days to sell. The median price per square foot is $479. There were 13 townhome sales in the past 12 months.
What homes have recently sold in Florence Lake and for how much?
There have been 140 homes sold in Florence Lake over the past 12 months, with 6 selling in the last 30 days. The median sold price is $590K. Recent median sold prices: Apr 2026: $563K, May 2026: $525K, Jun 2026: $530K. View all recently sold properties in Florence Lake with photos, sold prices, and days on market on the 8X Real Estate Florence Lake page.
What houses have recently sold in Florence Lake?
41 houses have sold in Florence Lake over the past 12 months. The median sold price for houses is $1.08M (-2.7% year-over-year). Recent median prices: Apr 2026: $855K, May 2026: $1.27M.
What condos have recently sold in Florence Lake?
86 condos have sold in Florence Lake over the past 12 months, with 6 selling in the last 30 days. The median sold price for condos is $540K (-2.4% year-over-year). Recent median prices: Apr 2026: $545K, May 2026: $405K, Jun 2026: $530K.
What townhomes have recently sold in Florence Lake?
13 townhomes have sold in Florence Lake over the past 12 months, with 2 selling in the last 30 days. The median sold price for townhomes is $745K. Recent median prices: May 2026: $738K.
