Ocala Florida Market Report for June 2020
CLOSED SALES
| CLOSED SALES | 534 |
|---|---|
| MEDIAN SOLD PRICE | $175,673 |
| AVERAGE SOLD PRICE | $213,891 |
| MEDIAN % ORIGINAL LIST PRICE | 97.4% |
| MEDIAN TIME TO CONTRACT | 44 days |
| MEDIAN TIME TO SALE | 94 days |
| NEW PENDING SALES | 749 |
| NEW LISTINGS | 635 |
| ACTIVE LISTINGS | 1444 |
| MONTHS SUPPLY OF INVENTORY | 2.5 months |
June 2020 was pretty good considering we are dealing with the Covid 19 pandemic. As a point of reference sales were down 22% compared to June 2019 but I’m surprised they are as good as they are. Active listings are down 46% from June 2019. It looks like people aren’t listing their homes possibly due to the pandemic. We are in a real sellers market as a result. Don’t expect prices to go down with such low inventory.
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