Archive for April, 2012
Ocala real estate market report March 2012
| $10,000 to $100,000 | 245 |
| $100,001 to $200,000 | 101 |
| $200,001 to $300,000 | 23 |
| $300,001 to $500,000 | 11 |
| $500,000 plus | 1 |
| Total residential sales | 391 |
| Foreclosures | 97 |
| Short Sales | 53 |
| Farms | 10 |
| Active Listings | 3434 |
March is always our best month for home sales. Sales in March are from contracts written in January and February which is Snowbird season. The number of active listings went down a little, which seems to be part of a steady decline.There were more sales in the $200K to $500K range than we have seem recently. Foreclosures and short sales are less than a year ago.
Bank of America has come out with an expedited short sale process. It will be very interesting to see if it actually works. Currently short sales can take months to close if at all. Many buyers just get sick of waiting for an answer and move on to another house.
Micheal White, a local Ocala real estate appraiser, has come out with his quarterly market analysis. This is a must read for anyone interested in Ocala home sales. The market, in his opinion as well as mine, has hit bottom and is turning around for he better, finally.
Now is the time to buy. Call me, email me or use my Ocala Dream Home Finder.
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. Home sales are for Marion County only and do not include FSBO, homes sold by builders or by auction that were not listed on the MLS, commercial properties or vacant land.
Ocala weather report April 2012
Although it might be barely spring in some parts of the country, the weather in Ocala is like summer time. March was oddly warm. One of the warmest on record. Temperatures averaged 5 degrees above normal with some days almost 10 degrees above normal. This is the first week of April and temperatures are predicted to approach 90. That’s what you would expect in late May and not the first of April. Although it is warm it still isn’t humid. The humidity starts in late May and continues until late October. I’m not happy with this early heat. I like to get my yard in shape during March and April. I prune my bushes, put down mulch and add plants to my gardens. I try to get this work done by late May before the 90 degree days start. This year looks like my schedule is going to be all messed up. To see average temperatures see the Ocala Weather page on my web site.
