|MEDIAN SOLD PRICE||$155,000|
|AVERAGE SOLD PRICE||$200,110|
|MEDIAN % ORIGINAL LIST PRICE||95.4%|
|MEDIAN TIME TO CONTRACT||56 days|
|MEDIAN TIME TO SALE||104 days|
|NEW PENDING SALES||670|
|MONTHS SUPPLY OF INVENTORY||4.9 months|
Sales were up in February over January as you would expect. Winter and Spring are our best sales seasons here in Ocala. The interesting thing about this month’s report is a huge jump in the Average Sold Price from last month’s $170,143- to $200,110 this month. If you look at past Market Reports you will see statistics fluctuate back and forth but you don’t see big jumps like that very often. We are in a sellers market. Nothing crazy like houses sell in a week or two. Nice homes in desirable communities do go fast and I have seen multiple offer situations. Compared to other parts of the country and South Florida Ocala still looks like a bargain. If you are planning a move buy now price have no where to go but up.