|MEDIAN SOLD PRICE||$170,000|
|AVERAGE SOLD PRICE||$206,627|
|MEDIAN % ORIGINAL LIST PRICE||96.2 %|
|MEDIAN TIME TO CONTRACT||46 days|
|MEDIAN TIME TO SALE||93 days|
|NEW PENDING SALES||584|
|MONTHS SUPPLY OF INVENTORY||4.6 months|
Homes sales in the Ocala Marion County area are strong. We are in a sellers market. I personally am not seeing a lot of multiple offers but the average days to contract is only 46. I have read that in other parts of the country they expect sales to level off. I don’t expect that in Ocala. In 2008 when the real estate market crashed resales fell below the cost to build new and builders stopped building. Building didn’t really pick up until a few years ago. That left Ocala without additional inventory being added for years.