Ocala Florida real estate market report August 2017

Market Report
CLOSED SALES 600
MEDIAN SOLD PRICE $149,950
AVERAGE SOLD PRICE $173,031
MEDIAN % ORIGINAL LIST PRICE 95.9 %
MEDIAN TIME TO CONTRACT 60 days
MEDIAN TIME TO SALE 103 days
NEW PENDING SALES 685
NEW LISTINGS 870
ACTIVE LISTINGS 2563
MONTHS SUPPLY OF INVENTORY 2.8 months

August was a very good month for sales with 600 homes sold. The summer is our slow season and 600 homes in August is great. As I have been saying we are in a borderline sellers market. Homes in good condition in desirable subdivisions are selling quickly and close to or at full asking price. I think compared to other states and even other areas of Florida Ocala is still a bargain. However the days of low ball offers are long gone.

0 replies

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *