Ocala Real Estate Market Report September 2020

 

Market Report
CLOSED SALES 621
MEDIAN SOLD PRICE $185,000
AVERAGE SOLD PRICE $237,422
MEDIAN % ORIGINAL LIST PRICE 98 %
MEDIAN TIME TO CONTRACT 29 days
MEDIAN TIME TO SALE 84 days
NEW PENDING SALES 676
NEW LISTINGS 663
ACTIVE LISTINGS 1216
MONTHS SUPPLY OF INVENTORY 2.1 months

I get these statistics from our local board of Realtors. They publish last months numbers and the same period a year ago for comparison. You might think with the Covid and a lock down in some states that sales would be way down. Just the opposite ! Sales were up 9.9%. Median sold price up 9.8%. Average sold price up 19%. Median time to contract down from 49 days to 29. Active listings down 52.6% ! We are in a sellers market and Coviid hasn’t slowed it down.

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