Ocala Real Estate Market Report January 2017

Market Report
CLOSED SALES 419
MEDIAN SOLD PRICE $141,500
AVERAGE SOLD PRICE $167,426
MEDIAN % ORIGINAL LIST PRICE 95.5 %
MEDIAN TIME TO CONTRACT 50 days
MEDIAN TIME TO SALE 97 days
NEW PENDING SALES 640
NEW LISTINGS 927
ACTIVE LISTINGS 2807
MONTHS SUPPLY OF INVENTORY 5.3 months

Once a month I get these statistics from the MLS. This being January I thought I’d compared January 2017 to 2016. Median Sales Price 2017 $141,000 vs $108,000 2016. Average sold price $167,426 vs $136,243 in 2016. Median time to contract 50 days vs 61 in 2016. Active listings 2807 vs 3184. As you can see we are in a neutral market. The long lasting buyers market of years past is over.

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