Ocala Real Estate Market Report December 2019

CLOSED SALES

Market Report
CLOSED SALES 628
MEDIAN SOLD PRICE $183,389
AVERAGE SOLD PRICE $219,745
MEDIAN % ORIGINAL LIST PRICE 96.7%
MEDIAN TIME TO CONTRACT 55 days
MEDIAN TIME TO SALE 99 days
NEW PENDING SALES 571
NEW LISTINGS 663
ACTIVE LISTINGS 2433
MONTHS SUPPLY OF INVENTORY 4.0 months

December 2019 sales were 23% higher than December 2018. The median sold price was up 11%. Active listings were down 11.7% over December 2018. We are in a sellers market. Prices keep going up and nice move in ready homes sell for close to asking price. There is still a good selection of homes although that is not so true about cheap under $1ooK homes. Compared to other parts of the country and even other parts of Florida Ocala is still very affordable.

 

 

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