Ocala Real Estate Market Report April 2018

Market Report
CLOSED SALES 620
MEDIAN SOLD PRICE $158,000
AVERAGE SOLD PRICE $186,682
MEDIAN % ORIGINAL LIST PRICE 96.5 %
MEDIAN TIME TO CONTRACT 41 days
MEDIAN TIME TO SALE 82 days
NEW PENDING SALES 815
NEW LISTINGS 844
ACTIVE LISTINGS 2493
MONTHS SUPPLY OF INVENTORY 4.6 months

April was a good month for sales. The 620 sold units was up from 541 in 2017 which is a 14.6% increase. The median home price is up 7.8% over the same month last year. Inventory is down and the time from when a listing is taken until it gets an offer is down as well. We are in a sellers market and that is not going to change in the foreseeable future.

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