Ocala Real Estate Market Report June 2021
CLOSED SALES | 855 |
---|---|
MEDIAN SOLD PRICE | $235,000 |
AVERAGE SOLD PRICE | $298,774 |
MEDIAN % ORIGINAL LIST PRICE | 100 % |
MEDIAN TIME TO CONTRACT | 8 days |
MEDIAN TIME TO SALE | 60 days |
NEW PENDING SALES | 740 |
NEW LISTINGS | 817 |
ACTIVE LISTINGS | 757 |
MONTHS SUPPLY OF INVENTORY | 1.0 months |
Homes are selling very fast often in less than a week and prices seem to be going up constantly. The average sale price is up 30% over June 2020 and the median sale price is up 43% over the same period. New home builders are adding an escalation clause to new builds allowing them to increase the sale price since homes are taking 7-9 months to finish. I don’t see this stopping any time soon. The only positive is that Ocala still seem cheap compared to other parts of the country and further south in Florida.
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