Ocala Real Estate Market Report April 2019

Market Report
CLOSED SALES 624
MEDIAN SOLD PRICE $170,000
AVERAGE SOLD PRICE $197,824
MEDIAN % ORIGINAL LIST PRICE 96.2 %
MEDIAN TIME TO CONTRACT 44 days
MEDIAN TIME TO SALE 91 days
NEW PENDING SALES 750
NEW LISTINGS 769
ACTIVE LISTINGS 2517
MONTHS SUPPLY OF INVENTORY 4.5 months

It was a good month for homes sales in April. We are in what I think of as a soft sellers market. As you can see from the Median % of the Original Sales price of 96.2% homes are selling close to the list price but I am not seeing many multiple offers either. Sales in April 2019 were up in volume by 8.9% over April 2018. The average sold price was up 10.7% in the same period. Prices are up but homes in Ocala still look cheap compared to other parts of the country.

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