Local Market Trends, Ocala, FL - January 2025 The real estate market is currently showing a healthy balance between supply and demand, as indicated by a Months Supply of Inventory of 5.74. This metric represents the number of months it would take to sell all currently listed homes at the current sales pace. A lower number typically indicates a seller's market, while a higher number suggests a buyer's market. It is important to note that there has been a significant increase in the 12-Month Change in Months of Inventory, rising by +55.56%. This could indicate a shift towards a more balanced market or potentially a slight increase in inventory levels. The Median Days Homes are On the Market is 62, which suggests that homes are selling relatively quickly in this market. This could be attributed to the strong demand for housing and competitive pricing strategies. The Sold to List Price Percentage is 97.1%, indicating that homes are typically selling very close to their list price. This could be a reflection of the overall health of the market and the willingness of buyers to pay asking prices. Finally, the Median Sold Price is $227,000, which gives buyers and sellers a good indication of the current market value of homes in the area. This data point can help guide pricing strategies for sellers and offer insight for buyers looking to make competitive offers. Overall, the real estate market appears to be stable and active, with a good balance between supply and demand. Buyers and sellers can use this data to make informed decisions and navigate the market with confidence. Looking to Buy or Sell anytime soon? Let's Chat! Email Me