Ocala Florida real estate market report May 2021

Market Report
CLOSED SALES 809
MEDIAN SOLD PRICE $225,000
AVERAGE SOLD PRICE $275,132
MEDIAN % ORIGINAL LIST PRICE 100 %
MEDIAN TIME TO CONTRACT 11 days
MEDIAN TIME TO SALE 57 days
NEW PENDING SALES 792
NEW LISTINGS 759
ACTIVE LISTINGS 711
MONTHS SUPPLY OF INVENTORY 1.0 months

I’m late on my sales report because the source, Florida Realtors keeps changing the numbers because of late reports from some brokers.

We are in a severe sellers market. Homes are selling in just a few days. A buyer asked me if all homes are selling for list price. I looked at the community he liked best Stone Creek going back 60 days. There were homes that sold for full list price. There were also some homes that sold for a few thousand less but also some that sold for over list price. I think that’s how we got that 100% of list price statistic in the chart above.

Ocala Florida real estate market report April 2021

Market Report
CLOSED SALES 814
MEDIAN SOLD PRICE $215,000
AVERAGE SOLD PRICE $271,884
MEDIAN % ORIGINAL LIST PRICE 100 %
MEDIAN TIME TO CONTRACT 15 days
MEDIAN TIME TO SALE 65 days
NEW PENDING SALES 812
NEW LISTINGS 805
ACTIVE LISTINGS 686
MONTHS SUPPLY OF INVENTORY 1.2 months

April was a huge month for home sales here in Marion County and Ocala. I’m not sure if I can remember a month with so many sales. I admit I am surprised by that high a number. There are very few homes to sell on the MLS. I guess it’s because they are just selling so fast. Homes are selling in 15 days and for 100% of the list price. I assume the 100% is because some homes are selling above list price. You might think as A realtor I would be happy with such booming sales but I’m not. It’s very difficult working with out of state buyers when homes go on and off the market so quickly.

Ocala Florida weather report May 2021

May is a great month here in Ocala. It’s warm, maybe hot by some people’s standards but dry without the summer humidity. Most days are in the 80’s and nights in the mid to high 60’s. This is the last month of the dry season so we get very little rain. The humidity and afternoon thunderstorms get going the very end of May or the beginning of June.

Ocala Florida Market Report March 2021

Market Report
CLOSED SALES 628
MEDIAN SOLD PRICE $193,000
AVERAGE SOLD PRICE $253,716
MEDIAN % ORIGINAL LIST PRICE 98.5%
MEDIAN TIME TO CONTRACT 22 days
MEDIAN TIME TO SALE 78 days
NEW PENDING SALES 872
NEW LISTINGS 768
ACTIVE LISTINGS 962
MONTHS SUPPLY OF INVENTORY 1.5 months

We are in a serious sellers market here in Ocala. Prices keep going up and inventory is low. Homes in the lower price ranges are selling very fast. This is a competitive market if you are planning on buying you need a plan to compete with other buyers.

Ocala Florida weather report April 2021

March was colder than normal this year. April has started out much cooler than normal as well with  the first few days of the month barely making it to 70. April temperatures are normally the mid to high 80’s and the 60’s at night. April is a great month. No humidity yet. You don’t need much heat or AC and you can sleep with the windows open.