Ocala Real Estate Market Report March 2020

Market Report
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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