Ocala Florida real estate market report August 2017
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.
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