Ocala Real Estate Market report October 2020

Market Report
CLOSED SALES 599
MEDIAN SOLD PRICE $190,000
AVERAGE SOLD PRICE $251,749
MEDIAN % ORIGINAL LIST PRICE 98.2%
MEDIAN TIME TO CONTRACT 21 days
MEDIAN TIME TO SALE 77 days
NEW PENDING SALES 671
NEW LISTINGS 747
ACTIVE LISTINGS 1256
MONTHS SUPPLY OF INVENTORY 2.2 months

Sales volume is down a little compared to October 2019. Homes prices are up. Inventory is down. Homes are selling quickly and close to asking price but we are not seeing much for crazy multiple offer situations. Compared to other parts of the country Ocala home prices are a steal.

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