Home sales in October are a little down from September. There seems to be no accounting for small fluctuations from month to month. This month I added “months supply of inventory”. This is an indication of the type of market that exists. Under 4 months is a sellers market. From 5-6 months is neutral with neither side having an advantage. Over 6 months supply is a buyers market. We have transitioned into a neutral market this year. If you’re read my blog you know that I’m predicting a sellers market at some point because there has been so little new construction since he market crash in 2007.
https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg 0 0 Valerie Ostrom https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg Valerie Ostrom2015-11-23 11:23:492020-07-31 16:32:27Ocala Real Estate Market Report for October 2015