Ocala real estate market report May 2012

$10,000 to $100,000 261
$100,001 to $200,000 125
$200,001 to $300,000 18
$300,001 to $500,000 3
$500,000 plus 3
Total residential sales 410
Foreclosures 79
Short Sales 50
Farms 9
Active Listings 3371

Wow May was the best month so far this year with 410 closed deals in Marion County. The big deal is you’d expect March to be the big month because of contracts written during snowbird season. I’m not at all a natural optimist like some real estate agents but even I think the market is turning around. You’ll also notice that foreclosures are down at only 79 sales. A year ago we were around 150 closings per month. Active listings have stopped their steady decline and seem to be going up and down. If you like statistics past market reports are in this link. Now is the time to buy. There is no where to go but up from here.

Update. Link to interesting article on the real estate market here in Ocala

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Joe Dallorso
Fontana Realty
7668 SW 60th Avenue #200
Ocala FL 34476
352-598-4340

EMAIL JOE
Ocala FL Weather