Ocala Real Estate Market Report January 2021

Market Report
CLOSED SALES 482
MEDIAN SOLD PRICE $189,000
AVERAGE SOLD PRICE $255,044
MEDIAN % ORIGINAL LIST PRICE 98.3%
MEDIAN TIME TO CONTRACT 21 days
MEDIAN TIME TO SALE 88 days
NEW PENDING SALES 745
NEW LISTINGS 686
ACTIVE LISTINGS 1046
MONTHS SUPPLY OF INVENTORY 1.9 months

As expected sales are down from past months because closings in January result from contracts written over the holidays. Although we here in Ocala are in a serious sellers market our area is still much cheaper to buy and live than south Florida. There is a decent selection of homes as well.

New Del Webb homes are cheaper in Ocala

As you may know I built a new home in 2019 in Del Webb Stone Creek here in Ocala. I always liked to sell homes here but since moving I’ve had a lot more buyer business in my community.

The other day I was showing new homes to a buyer with my sales contact Allen. We were talking and he said how much more expensive the same model was in other Del Webb communities in Florida.

That got me to thinking and I did a simple search. Del Webb Mystique model. Here in Stone Creek the base model and that’s the price they always show was $264,990-. Sure enough I didn’t see another Del Webb and I looked at like 6 communities with a Mystique base under $300K.

That’s why buyers come to Ocala. Inexpensive homes. A lower chance of hurricanes. A quiet and peaceful lifestyle.

Ocala Florida Weather Report February 2021

The winter of 2020-21 is the coldest I’ve seen since moving to Ocala in 2004. I’ve seen colder nights and a few really hard freezes but never so many cold days and nights. By cold I mean days in the low 60’s and nights in the 30’s. Typically the weather should begin to warm up in mid to late February. March is a full blown spring month. I can’t wait.

Ocala Real Estate Market report December 2020

Market Report
CLOSED SALES 765
MEDIAN SOLD PRICE $196,000
AVERAGE SOLD PRICE $248,158
MEDIAN % ORIGINAL LIST PRICE 98.6%
MEDIAN TIME TO CONTRACT 22 days
MEDIAN TIME TO SALE 77 days
NEW PENDING SALES 598
NEW LISTINGS 571
ACTIVE LISTINGS 1240
MONTHS SUPPLY OF INVENTORY 2.0 months

All I can say is that despite the Covid we had a better year in 2020 than in 2019.

Ocala Florida weather for January 2021

I’ll start as usual with a look back at the previous month. December was very odd. We had 3 or 4 hard frosts. There some years we don’t get a frost at all. The grass is brown and dormant and quite a few plants that were borderline hardy here were killed. New Years day was 80 and I had to turn on my AC.

January like the rest of our winter here revolves around cold fronts. A front will come though and cool the day time temperatures down to the 60’s or even high 50’s and then the temperatures will go back to the low 70’s until the next front. There is no humidity and we can go for a week or 2 with no rain.