I often get buyers looking for newer homes here in the Ocala Marion County area. Many are interested in a new or newer Ocala 55+ retirement home. I end up telling these buyers that there has been very little building here since the market crashed in 2007. The reason for this lack of new construction is that resales are selling at prices below the cost of new construction and in some non retirement communities much less.
The below survey is based on active listings on the Ocala Marion county MLS as of July 7, 2011
Total residential listings 3915
new homes dated as 2011…..19
homes from 2010-2011………32
homes from 2009-2011………55
homes from 2008-2011……..114
homes from 2007-2011……..311
homes from 2006-2011……..571
homes from 2005-2011……..769
What does this all mean? It means that despite the fact that vacant land is available at fire sale prices and Marion County has suspended impact fees on new homes, builders still think it’s not worth trying to compete with newer resales. This is the time to but a house in Ocala.
The above numbers include both 55+ communities and non retirement communities and all types of construction including mobile and manufactured homes. They do not include homes offered by builders that are not listed on the OMCAR MLS.