Ocala Real estate Market Report August 2019

Market Report
CLOSED SALES 716
MEDIAN SOLD PRICE $171,400
AVERAGE SOLD PRICE $197,926
MEDIAN % ORIGINAL LIST PRICE 97.1 %
MEDIAN TIME TO CONTRACT 34 days
MEDIAN TIME TO SALE 83 days
NEW PENDING SALES 700
NEW LISTINGS 827
ACTIVE LISTINGS 2362
MONTHS SUPPLY OF INVENTORY 4.1 months

August sales are based on contracts signed in late June and July. The summer is typically our slow period in Ocala real estate sales but we had over 700 closings in August which is tremendous. We are in a sellers market and prices are going up. There is still a good selection of homes and prices here look great compared to other parts of the country.

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