Ocala Real Estate Market Report January 2019

Market Report
CLOSED SALES 401
MEDIAN SOLD PRICE $159,900
AVERAGE SOLD PRICE $185,322
MEDIAN % ORIGINAL LIST PRICE 95.5 %
MEDIAN TIME TO CONTRACT 53 days
MEDIAN TIME TO SALE 94 days
NEW PENDING SALES 625
NEW LISTINGS 867
ACTIVE LISTINGS 2619
MONTHS SUPPLY OF INVENTORY 4.7 months

January was slower than past months but that is a result of contracts being written during the previous 30-45 days which were the Holidays. As I keep saying we are in a sellers market. There is not enough inventory. We need more new construction.

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