Ocala Real Estate Market Report March 2020
CLOSED SALES | 688 |
---|---|
MEDIAN SOLD PRICE | $181,500 |
AVERAGE SOLD PRICE | $231,511 |
MEDIAN % ORIGINAL LIST PRICE | 97.4% |
MEDIAN TIME TO CONTRACT | 55 days |
MEDIAN TIME TO SALE | 106 days |
NEW PENDING SALES | 627 |
NEW LISTINGS | 697 |
ACTIVE LISTINGS | 2055 |
MONTHS SUPPLY OF INVENTORY | 3.3 months |
Homes sales in our Ocala MLS were great in March. That’s because all those contracts were written before the Covid 19 virus started shutting things down mid month. Every day I look at the MLS and every day there are Pending listings. Those are contracts that were negotiated in the previous couple of days. The number per day varies but around 20 a day might be average. Much to my surprise people are still buying houses here.
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