|MEDIAN SOLD PRICE||$186,000|
|AVERAGE SOLD PRICE||$224,360|
|MEDIAN % ORIGINAL LIST PRICE||97.5%|
|MEDIAN TIME TO CONTRACT||39 days|
|MEDIAN TIME TO SALE||91 days|
|NEW PENDING SALES||752|
|MONTHS SUPPLY OF INVENTORY||2.4 months|
You would think that with the Covid 19 and the lock down in northern states home sales would have come to a screeching halt. Just the opposite home sales are great. Inventory is low. We are in a sellers market but still nothing crazy like multiple offers on every other sale. I have found when making appointments to see hoses that if I try to make 10 appointments I’ll find one or two has an offer but the agent hasn’t had time to post it as pending yet. It’s not uncommon for a house to take 3 or 4 months to sell. If you’re looking to buy there is still a good selection of nice homes. Homes prices have gone up a lot in the past few years and there aren’t many low priced homes like there used to be here in Ocala.