Ocala Real Estate Market Report February 2017

Market Report
CLOSED SALES 438
MEDIAN SOLD PRICE $138,350
AVERAGE SOLD PRICE $168,331
MEDIAN % ORIGINAL LIST PRICE 95.9 %
MEDIAN TIME TO CONTRACT 55 days
MEDIAN TIME TO SALE 97 days
NEW PENDING SALES 612
NEW LISTINGS 812
ACTIVE LISTINGS 2758
MONTHS SUPPLY OF INVENTORY 5.2 months

February sales were lower than I would have expected. Prices keep going up and inventory is going down. Homes are selling faster and for a high percent of the list price. We are beginning to see new construction both residential and commercial.

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