Ocala Real Estate Market Report April 2019
CLOSED SALES | 624 |
---|---|
MEDIAN SOLD PRICE | $170,000 |
AVERAGE SOLD PRICE | $197,824 |
MEDIAN % ORIGINAL LIST PRICE | 96.2 % |
MEDIAN TIME TO CONTRACT | 44 days |
MEDIAN TIME TO SALE | 91 days |
NEW PENDING SALES | 750 |
NEW LISTINGS | 769 |
ACTIVE LISTINGS | 2517 |
MONTHS SUPPLY OF INVENTORY | 4.5 months |
It was a good month for homes sales in April. We are in what I think of as a soft sellers market. As you can see from the Median % of the Original Sales price of 96.2% homes are selling close to the list price but I am not seeing many multiple offers either. Sales in April 2019 were up in volume by 8.9% over April 2018. The average sold price was up 10.7% in the same period. Prices are up but homes in Ocala still look cheap compared to other parts of the country.
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