Ocala Real Estate Market Report July 2019
CLOSED SALES | 663 |
---|---|
MEDIAN SOLD PRICE | $177,900 |
AVERAGE SOLD PRICE | $209,353 |
MEDIAN % ORIGINAL LIST PRICE | 97. % |
MEDIAN TIME TO CONTRACT | 47 days |
MEDIAN TIME TO SALE | 97 days |
NEW PENDING SALES | 695 |
NEW LISTINGS | 801 |
ACTIVE LISTINGS | 2370 |
MONTHS SUPPLY OF INVENTORY | 4.1 months |
Sales were good especially for a July which is a slower month here in Ocala. We are in a sellers market. For example I am selling my pool home and moving to the Del Webb Stone Creek 55+ community. I put my pool home on the market and got 2 offers in only 6 days. The inspection revealed I needed to replace the leach field in my septic system. My buyer wanted me to foot the whole bill even though it was beyond our contracts repair limit. I refused and cancelled the contract and sold my house again the next day to the other buyer who had made a previous offer. That’s the kind of market we are in. Nice houses sell fast for close to list price.
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