Ocala real estate market report for May 2009
| $100.00 to $100,000.00 | 112 |
| $100,001.00 to $200,000.00 | 111 |
| $200,001.00 to $300,000.00 | 25 |
| $300,001.00 to $500,000.00 | 8 |
| $500,000.00 plus | 3 |
| TOTAL SALES FOR THE MONTH | 259 |
| TOTAL ACTIVE LISTINGS FOR MONTH | 5,888 |
The about statistics are for residential homes sold on the MLS and do not include FSBO, Farms, vacant lots or homes sold by builders not listed on the MLS.
Sales in May were 259 homes in Marion County. That’s a large increase over January at 142, February at 188, March at 220 and April at 229. This is a steady upward trend. Total listings are finally below 6,000 which is great news.
Of course the main reason for this increase in sales is that prices have gone down here in Marion county. The median home price fell 16% in 2008. More so in areas hard hit by foreclosures like The Shores, Marion Oaks, Rainbow Park, Rolling Hills and several others.
I’m seeing a huge increase in hits to my web site. I’m getting between 50 and 75 visitors a day. I think people are realizing that we are near the bottom of the market and now is the time to jump in and get a deal.
Ocala, FL