Ocala real estate market report November 2016
|MEDIAN SOLD PRICE||$138,000|
|AVERAGE SOLD PRICE||$166,283|
|MEDIAN % ORIGINAL LIST PRICE||95.1%|
|MEDIAN TIME TO CONTRACT||48 days|
|MEDIAN TIME TO SALE||92 days|
|NEW PENDING SALES||456|
|MONTHS SUPPLY OF INVENTORY||5.1 months|
Home sales were down quite a bit for November. Sales tend to fluctuate and I don’t think it is a big deal. The important thing to notice is that prices keep edging up and inventory keeps going down. I think 2017 will be the year that we move from a neutral market to possibly a sellers market later in the year.
Statistics used for this blog post are from the Ocala Marion County MLS and are deemed to be accurate at the time this blog was written but are not guaranteed. All information is time sensitive and subject to change without notice. Home sales are for Marion County only and do not include FSBO, homes sold by builders or by auction that were not listed on the MLS, commercial properties or vacant land. Residential sales do include farms, mobile homes and condo’s.
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