Ocala Real Estate Market Report July 2017

Market Report
CLOSED SALES 525
MEDIAN SOLD PRICE $152,000
AVERAGE SOLD PRICE $179,856
MEDIAN % ORIGINAL LIST PRICE 95.5 %
MEDIAN TIME TO CONTRACT 53 days
MEDIAN TIME TO SALE 102 days
NEW PENDING SALES 589
NEW LISTINGS 754
ACTIVE LISTINGS 2613
MONTHS SUPPLY OF INVENTORY 4.9 months

Sales were down about 100 units from June but that is typical. We don’t have a real off season like the dead of winter up north but sales slow down in the summer and pick back up late in the fall. Not much has changed since last month. Although new listings are down. I hope that picks up in the fall. I really don’t look forward to a sellers market.

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