|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|
|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.