Ocala Real Estate Market Report January 2018

Market Report
CLOSED SALES 408
MEDIAN SOLD PRICE $145,500
AVERAGE SOLD PRICE $170,143
MEDIAN % ORIGINAL LIST PRICE 95.9 %
MEDIAN TIME TO CONTRACT 51 days
MEDIAN TIME TO SALE 98 days
NEW PENDING SALES 584
NEW LISTINGS 896
ACTIVE LISTINGS 2537
MONTHS SUPPLY OF INVENTORY 4.8 months

Sales for January were down as is to be expected considering sold homes are the result of contracts from the 30-60 previous days which was holiday season. What is important is the prices are going up, homes are selling for almost 96% of the listing price and inventory is at 4.8 months which indicates a sellers market.

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