Everything about Ocala Florida real estate

Ocala Real Estate Market Report July 2019

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Market Report
CLOSED SALES 663
MEDIAN SOLD PRICE $177,900
AVERAGE SOLD PRICE $209,353
MEDIAN % ORIGINAL LIST PRICE 97. %
MEDIAN TIME TO CONTRACT 47 days
MEDIAN TIME TO SALE 97 days
NEW PENDING SALES 695
NEW LISTINGS 801
ACTIVE LISTINGS 2370
MONTHS SUPPLY OF INVENTORY 4.1 months

Sales were good especially for a July which is a slower month here in Ocala. We are in a sellers market. For example I am selling my pool home and moving to the Del Webb Stone Creek 55+ community. I put my pool home on the market and got 2 offers in only 6 days. The inspection revealed I needed to replace the leach field in my septic system. My buyer wanted me to foot the whole bill even though it was beyond our contracts repair limit. I refused and cancelled the contract and sold my house again the next day to the other buyer who had made a previous offer. That’s the kind of market we are in. Nice houses sell fast for close to list price.

New Home in Del Webb Stone Creek Part 5

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This is part of my on going series about my experience building a new home in Del Webb Stone Creek for my wife and myself.

We closed on our new home on June 21st. It took just about 5 months from signing the contract until closing. In past blog posts I talked about the construction experience. I plan to continue to blog about my experiences after closing.

One thing that pops up is that we have spent quite a bit of money after closing. We found that we didn’t like some options offered by the builder and elected to take care of them on our own after closing. We didn’t like the window treatments offered and installed Levelor blinds on our own. We didn’t like the pendant light options over the kitchen island either and my wife found ones she liked online. There was no option for ceiling fans so we had to get them ourselves. Pendant lights and fans were about $1600- and window treatments which we installed ourselves were another $1,000-. We found a great retired electrician in the neighborhood to install our lights and fans at a super reasonable price of $30- each. These things add up fast ! We have a nice work area in the garage and cabinets and overhead storage were a quick $1,000-. We got a Lanai with a screen cage extension. For added outdoor space we had a 10 x 24 cement pad poured. The cement pad alone was $1800-. We didn’t use pavers on our Lanai floor because we thought they were crazy expensive, $3600- for a 16 x 16 area. We will probably tile the lanai and new cement pad and it should cost about $3000-. A savings but also an out of pocket expense too. We fenced our yard for our dog $3500-.  My new neighbors have made similar comments about expenses after closing.

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Ocala Florida weather report August 2019

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July was really hot even by Ocala standards. August is looking to be the same. It’s going to be in the very high 80’s or low 90’s every day. At 530 am when I get up every morning it’s around 75. It’s humid first thing in the morning and all day long. Afternoon thunderstorms are caused by winds off the Atlantic colliding with wind off the Gulf. They are hit or miss most days. August is when hurricane season really gets going. Hurricanes are fueled by warm ocean water. Hopefully they will miss Florida.

Ocala Real Estate Market Report June 2019

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Market Report
CLOSED SALES 640
MEDIAN SOLD PRICE $179.900
AVERAGE SOLD PRICE $202,408
MEDIAN % ORIGINAL LIST PRICE 97.3 %
MEDIAN TIME TO CONTRACT 49 days
MEDIAN TIME TO SALE 93 days
NEW PENDING SALES 696
NEW LISTINGS 701
ACTIVE LISTINGS 2359
MONTHS SUPPLY OF INVENTORY 4.1 months

My market report is late this month because I’ve been so busy. Usually business slows down at the end of June and I have some welcome down time during the summer but not this year. Being mostly a buyers agent I an finding when I make appointments to show 10 homes 1 or 2 are under contract and just not put Pending yet. There is still a good selection of homes but not much at all in the low priced range.

SW Ocala Pool Home for Sale

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light green home with large lawn

Exceptional SW Ocala pool home. Gorgeous mature landscaping. Over sized side entry garage. 3 bedrooms, 2 baths, 1926 sqft living area with formal dining area, living room, family room,. Propane gas for cooking, water and dryer. Washer Dryer stay new in 2018. Irrigation well for low water bills. Powder coated aluminum fence in side yard. Huge Lanai with in-ground pool. Minutes to SR 200 shopping, dining and health care. Not in a retirement community. Very low HOA fees. Offered at $229,900.00. Owner Agent. Call or email for more info. SOLD 

More pictures

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Ocala Weather Report for July 2019

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It will be hot and humid with afternoon thunderstorms until mid October.  Seriously. I’m not kidding.

Ocala Real Estate Market Report May 2019

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Market Report
CLOSED SALES 709
MEDIAN SOLD PRICE $172,000
AVERAGE SOLD PRICE $218,698
MEDIAN % ORIGINAL LIST PRICE 96.7 %
MEDIAN TIME TO CONTRACT 46 days
MEDIAN TIME TO SALE 95 days
NEW PENDING SALES 784
NEW LISTINGS 883
ACTIVE LISTINGS 2517
MONTHS SUPPLY OF INVENTORY 4.4 months

May is always a good month for home sales here in Ocala. It has a lot of contracts written in the spring which is prime time for home buyers in Ocala looking to escape the northern winters. Prices keep going up. This is a sellers market.

New Home in Del Webb Stone Creek Part 4

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This is part 4 of my experience building a new home in Del Webb Stone Creek

Today is June 11. This is my busy season and I am behind on my blog posting. To bring you up to date a lot has happened at my house in Stone Creek since my last post on April 19. On April 22 we went to our pre drywall inspection with our field manager Jacob. He went over how the inside walls are framed, the roof truss system, plumbing and electric both of which are beneath the slab, insulation and pest treatment on the interior wood framing. Once the drywall was in things really took off. Between April 22 and today June 11 they finished my house. I have posted pictures below roughly showing the sequence of events. As of today my house is pretty much finished. My field manager started his pre closing inspection this Monday. I have to admit he has a list of things that sub contractors have to fix that I may not have noticed on my own. After the field manager a woman from customer support does another inspection looking for anything that was missed by Jacob the field manager. I am happy. The whole process has been pretty straight forward with minimal stress on my wife and myself. On June 18 we go to our celebration meeting which is more of a pre closing walk trough and orientation about features of the house. This is not the end of my blogging about my new home building experience. Stay tuned.

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Ocala Florida weather report June 2019

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May was hotter than usual. The heat and humidity started earlier in the month than normal. It has also been very dry. So dry the lawn sprinkler system can’t keep up. We are allowed to water twice a week and that’s not enough with temperatures near 90 and no rain for weeks.

June is the beginning of the wet season. We should shortly be getting afternoon thunderstorms 2 to 4 times a week. It will be hot and humid until the middle of October. That’s summer in Florida.

June is also the beginning of hurricane season. Hurricane season doesn’t really get going until August after the ocean water heats up but this year it seems to be getting warm earlier.

Ocala Real Estate Market Report April 2019

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Market Report
CLOSED SALES 624
MEDIAN SOLD PRICE $170,000
AVERAGE SOLD PRICE $197,824
MEDIAN % ORIGINAL LIST PRICE 96.2 %
MEDIAN TIME TO CONTRACT 44 days
MEDIAN TIME TO SALE 91 days
NEW PENDING SALES 750
NEW LISTINGS 769
ACTIVE LISTINGS 2517
MONTHS SUPPLY OF INVENTORY 4.5 months

It was a good month for homes sales in April. We are in what I think of as a soft sellers market. As you can see from the Median % of the Original Sales price of 96.2% homes are selling close to the list price but I am not seeing many multiple offers either. Sales in April 2019 were up in volume by 8.9% over April 2018. The average sold price was up 10.7% in the same period. Prices are up but homes in Ocala still look cheap compared to other parts of the country.