Ocala Real Estate Market Report October 2017

Market Report
CLOSED SALES 499
MEDIAN SOLD PRICE $156,000
AVERAGE SOLD PRICE $182,504
MEDIAN % ORIGINAL LIST PRICE 95.9 %
MEDIAN TIME TO CONTRACT 54 days
MEDIAN TIME TO SALE 100 days
NEW PENDING SALES 632
NEW LISTINGS 927
ACTIVE LISTINGS 2666
MONTHS SUPPLY OF INVENTORY 5.0 months

I get my sales statistics from a monthly report from the Ocala board of Realtors. It always has a comparison to the same month last year. I usually don’t pay much attention to the year to year thing but today something jumped out to me. Even though sales were almost the same with 500 homes this month and 499 a year ago the gross sales and the median sold price jumped up. The median sold price was $156,000 this year and $130,000 last year. Total dollar volume this year was 91.1 M and last year only 76.8 M . Prices are going up.

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