Ocala Real Estate Market Report July 2018

Market Report
CLOSED SALES 664
MEDIAN SOLD PRICE $169,900
AVERAGE SOLD PRICE $196,573
MEDIAN % ORIGINAL LIST PRICE 96.8 %
MEDIAN TIME TO CONTRACT 41 days
MEDIAN TIME TO SALE 91 days
NEW PENDING SALES 639
NEW LISTINGS 805
ACTIVE LISTINGS 2473
MONTHS SUPPLY OF INVENTORY 4.4 months

Sales for July 2018 were up 26.5% from July 2017. The median price was up 11.8% over the same month last year. Active Listing are down 5.4%. Current months of inventory is 4.4 months. We are in a total sellers market. The good news is that compared to northern states and south Florida Ocala home prices are much lower. There is a good selection in all but the lower price ranges.

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