A popular midtown Tulsa subdivision, Florence Park homes are steadily increasing in value.
As of April 9, 2014, only 7 properties are for sale in Florence Park; 4 properties are under contract; and 9 properties have sold since the first of the year.
Active properties range in price from $145,000 to $240,000. We don’t know what the pending properties sold for until they are closed, but four properties pending shows consistent movement of inventory.
Two of the pending properties are listed at $158 and $160 per square foot – and were on the market less than three weeks – so they likely sold close to list price.
Of the nine properties that have sold since the first of the year, we are seeing a drastic increase in property values. The highest selling property was 1733 South Florence Avenue which sold for $385,000 or $183 per square foot – and only 15 days on market. Even during the winter months (all closed in January 2014), three homes sold above $300,000. So finally, Florence Park has broken the glass ceiling!
Florence Park Midtown Tulsa Market Update April 2014 – property values increasing
A truly inviting and coveted midtown Tulsa neighborhood, Florence Park is established as one of midtown’s favorite areas. Two parks are within the half square mile – Pratt Park and Florence Park – including a playground areas for the kids, picnic tables, water features and tennis courts.
Architectural styles abound in Florence Park – from English Tudor to colonial to Mediterranean – you’ll find diverse and stunning character here. You will fall in love with the many gingerbread bungalows.
Florence Park is just a half-mile south of the University of Tulsa and a short distance to Utica Square and Cherry Street dining and entertainment. The cozy midtown Tulsa properties attract students, young professionals and couples downsizing.
It’s a great little corner of midtown Tulsa. Call me or visit my web site to shop for homes in Florence Park! 918-852-5036
Florence Park boundaries are 15th Street to the north; 21st Street to the south; Harvard to the east and the BA Expressway to the west.
Content written and published by Lori Cain.
Copyright 2014 Lori Cain All Rights Reserved - Originally Posted at: Midtown Tulsa Real Estate - Lori Cain