Ocala Real Estate Market Report for September 2009
Ocala Real Estate Market Report for September 2009
| $100.00 to $100,000.00 | 153 |
| $100,001.00 to $200,000.00 | 93 |
| $200,001.00 to $300,000.00 | 17 |
| $300,001.00 to $500,000.00 | 6 |
| $500,000.00 plus | 3 |
| TOTAL SALES FOR THE MONTH | 273 |
| Farm properties all price ranges | 9 |
| TOTAL ACTIVE LISTINGS FOR MONTH | 5,530 |
** Only homes listed & sold in Marion County on the Ocala Marion county MLS. Does not include For Sale by Owner, Vacant land, Commercial properties, or homes by Builders not listed on the MLS. Numbers subject to change due to late reports from Brokers.
Sales in September were 273 homes, August was 283 homes, July came in at 269 homes and June was the best month so far this year at 319. Total listings remain around 5,500 homes. Homes are selling every day here in Marion County.
Sales are still being driven by bargain hunters. There were 27 short sales and 92 foreclosure sales in September. That accounts for 45% of all sold homes. Worse yet are the number of short sales that expire or get withdrawn because these are the foreclosures of 6 months from now.
My advice to sellers is to price your house very aggressively. In addition to a great price the only thing that might give you an advantage over bank sales is condition. By that I mean an immaculate move in ready house. A house with maintenance issues isn’t much better than a foreclosure.
Buyers, now is the time to buy. Prices are low and there is a great selection out there. Interest rates are at historical lows and given our countries debt have no where to go but up.
Statistics used for this blog post are from the Ocala Marion County MLS and are deemed to be accurate at the time this blog was written but are not guaranteed. All information is time sensitive and subject to change without notice.
Ocala, FL