|MEDIAN SOLD PRICE||$146,500|
|AVERAGE SOLD PRICE||$161,717|
|MEDIAN % ORIGINAL LIST PRICE||95.1%|
|MEDIAN TIME TO CONTRACT||47 days|
|MEDIAN TIME TO SALE||94 days|
|NEW PENDING SALES||657|
|MONTHS SUPPLY OF INVENTORY||4.9 months|
We are currently in a neutral market. That is defined by 5-6 months of inventory. As you can see with 4.9 months we are leaning towards the seller side. I was just in a competitive bidding situation this week. Other agents have complained that they don’t have as many listing as they used to. Prices are definitely going up. There are still a lot of nice houses here and although prices have gone up Ocala is still cheap compared to other parts of the country.