Ocala Real Estate Market Report June 2021

Market Report
CLOSED SALES 855
MEDIAN SOLD PRICE $235,000
AVERAGE SOLD PRICE $298,774
MEDIAN % ORIGINAL LIST PRICE 100 %
MEDIAN TIME TO CONTRACT 8 days
MEDIAN TIME TO SALE 60 days
NEW PENDING SALES 740
NEW LISTINGS 817
ACTIVE LISTINGS 757
MONTHS SUPPLY OF INVENTORY 1.0 months

Homes are selling very fast often in less than a week and prices seem to be going up constantly. The average sale price is up 30% over June 2020 and the median sale price is up 43% over the same period. New home builders are adding an escalation clause to new builds allowing them to increase the sale price since homes are taking 7-9 months to finish. I don’t see this stopping any time soon. The only positive is that Ocala still seem cheap compared to other parts of the country and further south in Florida.

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