Ocala Real Estate Market Report April 2016
CLOSED SALES | 541 |
---|---|
MEDIAN SOLD PRICE | $146,500 |
AVERAGE SOLD PRICE | $161,717 |
MEDIAN % ORIGINAL LIST PRICE | 95.1% |
MEDIAN TIME TO CONTRACT | 47 days |
MEDIAN TIME TO SALE | 94 days |
NEW PENDING SALES | 657 |
NEW LISTINGS | 798 |
ACTIVE LISTINGS | 2623 |
MONTHS SUPPLY OF INVENTORY | 4.9 months |
We are currently in a neutral market. That is defined by 5-6 months of inventory. As you can see with 4.9 months we are leaning towards the seller side. I was just in a competitive bidding situation this week. Other agents have complained that they don’t have as many listing as they used to. Prices are definitely going up. There are still a lot of nice houses here and although prices have gone up Ocala is still cheap compared to other parts of the country.
Leave a Reply