Ocala Real Estate Market Report July 2020
CLOSED SALES | 608 |
---|---|
MEDIAN SOLD PRICE | $181,500 |
AVERAGE SOLD PRICE | $227,225 |
MEDIAN % ORIGINAL LIST PRICE | 97.4% |
MEDIAN TIME TO CONTRACT | 49 days |
MEDIAN TIME TO SALE | 110 days |
NEW PENDING SALES | 746 |
NEW LISTINGS | 669 |
ACTIVE LISTINGS | 1313 |
MONTHS SUPPLY OF INVENTORY | 2.3 months |
July sales were surprisingly good despite the Covid 19 virus. Compared to July 2019 sales were down 11%. However and this is not a good thing, Active listings ere down 50% and new listing are down 27%. Inventory is too low. We are in a sellers market with homes selling close to list price.
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