03.12.2015 Views

Sample PDF Booklet

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Sample</strong><br />

<strong>Booklet</strong><br />

Cover


Random<br />

<strong>PDF</strong>’s<br />

Coming!


Closed Sales<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Summary Statistics<br />

October 2015<br />

October 2014<br />

Percent Change<br />

Year-over-Year<br />

Closed Sales<br />

Paid in Cash<br />

501 489 2.5%<br />

224 243 -7.8%<br />

New Pending Sales<br />

577<br />

563 2.5%<br />

New Listings<br />

Median Sale Price<br />

931 882 5.6%<br />

$114,000 $106,000 7.5%<br />

Average Sale Price<br />

$142,636<br />

$146,631 -2.7%<br />

Median Days on Market<br />

95 110 -13.6%<br />

Average Percent of Original List<br />

Price Received<br />

92.7%<br />

91.3%<br />

1.5%<br />

Pending Inventory<br />

Inventory (Active Listings)<br />

783<br />

3,081<br />

762 2.8%<br />

3,422 -10.0%<br />

Months Supply of Inventory 5.9<br />

6.9 -14.4%<br />

Closed Sales<br />

The number of sales transactions which closed during<br />

the month<br />

Economists' note : Closed Sales are one of the simplest—yet most<br />

important—indicators for the residential real estate market. When<br />

comparing Closed Sales across markets of different sizes, we<br />

recommend using the year-over-year percent changes rather than the<br />

absolute counts. Realtors® and their clients should also be wary of<br />

month-to-month comparisons of Closed Sales because of potential<br />

seasonal effects.<br />

Month<br />

Closed Sales<br />

Percent Change<br />

Year-over-Year<br />

October 2015<br />

501<br />

2.5%<br />

September 2015 549 10.2%<br />

August 2015 508<br />

-0.8%<br />

July 2015<br />

June 2015<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

585<br />

606<br />

547<br />

599<br />

600<br />

439<br />

2.3%<br />

12.8%<br />

9.2%<br />

11.3%<br />

13.4%<br />

-1.1%<br />

January 2015 391<br />

-3.7%<br />

December 2014<br />

November 2014<br />

518<br />

428<br />

7.0%<br />

-4.9%<br />

October 2014 489<br />

6.8%<br />

700<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Cash Sales<br />

Pct. of Closed<br />

Sales Paid in Cash<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Cash Sales<br />

The number of Closed Sales during the month in which<br />

buyers exclusively paid in cash<br />

Economists' note : Cash Sales can be a useful indicator of the extent to<br />

which investors are participating in the market. Why? Investors are<br />

far more likely to have the funds to purchase a home available up front,<br />

whereas the typical homebuyer requires a mortgage or some other<br />

form of financing. There are, of course, many possible exceptions, so<br />

this statistic should be interpreted with care.<br />

Month<br />

Cash Sales<br />

Percent Change<br />

Year-over-Year<br />

October 2015 224 -7.8%<br />

September 2015 249 0.4%<br />

August 2015 221 -9.8%<br />

July 2015 262 -5.1%<br />

June 2015 298 16.4%<br />

May 2015 259 13.6%<br />

April 2015 296 2.1%<br />

March 2015 328 21.5%<br />

February 2015 227 -9.9%<br />

January 2015 218 -9.9%<br />

December 2014 268 0.0%<br />

November 2014 219 -4.4%<br />

October 2014 243 0.4%<br />

400<br />

2011 2012 2013 2014 2015<br />

300<br />

200<br />

100<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Cash Sales as a Percentage of Closed Sales<br />

The percentage of Closed Sales during the month<br />

which were Cash Sales<br />

Economists' note : This statistic is simply another way of viewing<br />

Cash Sales. The remaining percentages of Closed Sales (i.e. those not<br />

paid fully in cash) each month involved some sort of financing, such as<br />

mortgages, owner/seller financing, assumed loans, etc.<br />

Month<br />

Percent of Closed<br />

Sales Paid in Cash<br />

Percent Change<br />

Year-over-Year<br />

October 2015 44.7% -10.0%<br />

September 2015 45.4% -8.9%<br />

August 2015 43.5% -9.1%<br />

July 2015 44.8% -7.2%<br />

June 2015 49.2% 3.2%<br />

May 2015 47.3% 4.0%<br />

April 2015 49.4% -8.3%<br />

March 2015 54.7% 7.1%<br />

February 2015 51.7% -8.9%<br />

January 2015 55.8% -6.5%<br />

December 2014 51.7% -6.6%<br />

November 2014 51.2% 0.5%<br />

October 2014 49.7% -6.0%<br />

63%<br />

58%<br />

53%<br />

48%<br />

43%<br />

38%<br />

33%<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Pending Sales<br />

New Listings<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

New Pending Sales<br />

The number of property listings that went from<br />

"Active" to "Pending" status during the month<br />

Economists' note : Because of the typical length of time it takes for a<br />

sale to close, economists consider Pending Sales to be a decent<br />

indicator of potential future Closed Sales. It is important to bear in<br />

mind, however, that not all Pending Sales will be closed successfully.<br />

So, the effectiveness of Pending Sales as a future indicator of Closed<br />

Sales is susceptible to changes in market conditions such as the<br />

availability of financing for homebuyers and the inventory of<br />

distressed properties for sale.<br />

Month<br />

October 2015<br />

September 2015<br />

August 2015<br />

July 2015<br />

605<br />

June 2015 656<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

January 2015<br />

December 2014<br />

November 2014<br />

October 2014<br />

New Pending Sales<br />

577<br />

543<br />

652<br />

640<br />

687<br />

730<br />

652<br />

657<br />

467<br />

449<br />

563<br />

Percent Change<br />

Year-over-Year<br />

2.5%<br />

-0.9%<br />

19.6%<br />

1.3%<br />

7.0%<br />

-2.3%<br />

6.7%<br />

13.2%<br />

9.2%<br />

11.2%<br />

-4.1%<br />

-12.8%<br />

-2.1%<br />

900<br />

2011 2012 2013 2014 2015<br />

700<br />

500<br />

300<br />

100<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

New Listings<br />

The number of properties put onto the market during<br />

the month<br />

Economists' note : In a recovering market, we expect that new listings<br />

will eventually rise as sellers raise their estimations of value. But this<br />

increase will take place only after the market has turned up, so New<br />

Listings are a lagging indicator of the health of the market. Also be<br />

aware of properties which have been withdrawn from the market and<br />

then relisted. These are not really New Listings.<br />

Month<br />

October 2015<br />

September 2015<br />

August 2015<br />

July 2015<br />

June 2015<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

January 2015<br />

December 2014<br />

November 2014<br />

October 2014<br />

New Listings<br />

931<br />

837<br />

828<br />

956<br />

877<br />

878<br />

961<br />

959<br />

851<br />

1,015<br />

678<br />

790<br />

882<br />

Percent Change<br />

Year-over-Year<br />

5.6%<br />

-9.7%<br />

-11.7%<br />

9.3%<br />

-2.6%<br />

-3.2%<br />

8.3%<br />

3.1%<br />

-2.3%<br />

11.3%<br />

-5.0%<br />

2.5%<br />

-8.7%<br />

1,200<br />

2011 2012 2013 2014 2015<br />

1,000<br />

800<br />

600<br />

400<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Median Sale Price<br />

Average Sale<br />

Price<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Median Sale Price<br />

The median sale price reported for the month (i.e. 50%<br />

of sales were above and 50% of sales were below)<br />

Economists' note : Median Sale Price is our preferred summary<br />

statistic for price activity because, unlike Average Sale Price, Median<br />

Sale Price is not sensitive to high sale prices for small numbers of<br />

homes that may not be characteristic of the market area.<br />

Month<br />

Median Sale Price<br />

Percent Change<br />

Year-over-Year<br />

October 2015 $114,000 7.5%<br />

September 2015 $124,000 18.1%<br />

August 2015 $120,000 9.8%<br />

July 2015 $118,384 5.7%<br />

June 2015 $116,000 6.4%<br />

May 2015 $112,250 3.5%<br />

April 2015 $111,500 19.9%<br />

March 2015 $110,000 12.8%<br />

February 2015 $100,000 5.3%<br />

January 2015 $103,950 15.6%<br />

December 2014 $101,310 8.1%<br />

November 2014 $98,900 3.6%<br />

October 2014 $106,000 3.7%<br />

$140K<br />

2011 2012 2013 2014 2015<br />

$120K<br />

$100K<br />

$80K<br />

$60K<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Average Sale Price<br />

The average sale price reported for the month (i.e.<br />

total sales in dollars divided by the number of sales)<br />

Economists' note : As noted above, we prefer Median Sale Price over<br />

Average Sale Price as a summary statistic for home prices. However,<br />

Average Sale Price does have its uses—particularly when it is analyzed<br />

alongside the Median Sale Price. For one, the relative difference<br />

between the two statistics can provide some insight into the market for<br />

higher-end homes in an area.<br />

Month<br />

Average Sale Price<br />

Percent Change<br />

Year-over-Year<br />

October 2015 $142,636 -2.7%<br />

September 2015 $147,468 12.7%<br />

August 2015 $145,415 10.5%<br />

July 2015 $145,186 -1.5%<br />

June 2015 $145,862 -3.7%<br />

May 2015 $160,686 20.0%<br />

April 2015 $137,012 13.0%<br />

March 2015 $141,223 17.0%<br />

February 2015 $134,931 3.3%<br />

January 2015 $148,786 16.9%<br />

December 2014 $131,935 4.2%<br />

November 2014 $122,960 -2.4%<br />

October 2014 $146,631 13.6%<br />

$170K<br />

2011 2012 2013 2014 2015<br />

$150K<br />

$130K<br />

$110K<br />

$90K<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Median Days on<br />

Market<br />

Avg. Pct. of Orig.<br />

List Price<br />

Received<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Median Days on Market<br />

The median number of days that properties sold during<br />

the month were on the market<br />

Economists' note : Median Days on Market is the amount of time the<br />

"middle" property selling this month was on the market. That is, 50%<br />

of homes selling this month took less time to sell, and 50% of homes<br />

took more time to sell. We use the median rather than the average<br />

because the median is not particularly sensitive to sales of homes that<br />

took an unusually large amount of time to sell relative to the vast<br />

majority of homes in the market.<br />

Month<br />

Median Days on<br />

Market<br />

Percent Change<br />

Year-over-Year<br />

October 2015 95 -13.6%<br />

September 2015 105 7.1%<br />

August 2015 104 -2.8%<br />

July 2015 114 6.5%<br />

June 2015 99 -11.6%<br />

May 2015 105 -8.7%<br />

April 2015 105 4.0%<br />

March 2015 112 -7.4%<br />

February 2015 113 -4.2%<br />

January 2015 116 -0.9%<br />

December 2014 109 -7.6%<br />

November 2014 114 6.5%<br />

October 2014 110 4.8%<br />

200<br />

2011 2012 2013 2014 2015<br />

150<br />

100<br />

50<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Average Percent of Original List Price Received<br />

The average of the sale price (as a percentage of the original list<br />

price) across all properties selling during the month<br />

Economists' note : The Average Percent of Original List Price Received<br />

is an indicator of market conditions, in that in a recovering market, the<br />

measure rises as buyers realize that the market may be moving away<br />

from them and they need to match the selling price (or better it) in<br />

order to get a contract on the house. This is usually the last measure to<br />

indicate a market that has shifted from down to up, and is another<br />

lagging indicator.<br />

Month<br />

Avg. Pct. of Orig. List<br />

Price Received<br />

Percent Change<br />

Year-over-Year<br />

October 2015 92.7% 1.5%<br />

September 2015 92.8% 1.6%<br />

August 2015 92.0% 0.1%<br />

July 2015 92.5% 0.8%<br />

June 2015 92.8% 2.7%<br />

May 2015 92.7% 2.1%<br />

April 2015 92.3% 2.1%<br />

March 2015 91.8% 1.4%<br />

February 2015 91.6% 3.7%<br />

January 2015 90.2% 1.9%<br />

December 2014 89.9% 1.1%<br />

November 2014 90.7% 0.7%<br />

October 2014 91.3% 0.9%<br />

95%<br />

2011 2012 2013 2014 2015<br />

90%<br />

85%<br />

80%<br />

75%<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Inventory<br />

Months Supply of<br />

Inventory<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Inventory (Active Listings)<br />

The number of property listings active at the end of<br />

the month<br />

Economists' note : There are a number of ways to calculate Inventory,<br />

so these numbers may not match up to others you see in your market.<br />

We calculate Inventory by counting the number of active listings on the<br />

last day of the month, and hold this number to compare with the same<br />

month the following year.<br />

Month<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

October 2015 3,081 -10.0%<br />

September 2015 3,045 -10.9%<br />

August 2015 2,997 -10.8%<br />

July 2015 3,107 -6.5%<br />

June 2015 3,083 -8.0%<br />

May 2015 3,178 -5.1%<br />

April 2015 3,219 -7.2%<br />

March 2015 3,264 -6.8%<br />

February 2015 3,340 -5.7%<br />

January 2015 3,447 -2.5%<br />

December 2014 3,392 -4.5%<br />

November 2014 3,533 -4.4%<br />

October 2014 3,422 -8.0%<br />

5,300<br />

4,800<br />

4,300<br />

3,800<br />

3,300<br />

2,800<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Months Supply of Inventory<br />

An estimate of the number of months it will take to<br />

deplete the current Inventory given recent sales rates<br />

Economists' note : This is an indicator of the state of the market,<br />

whether it is a buyers' market or a sellers' market. The benchmark for<br />

a balanced market (favoring neither buyer nor seller) is 5.5 Months of<br />

Inventory. Higher numbers indicate a buyers' market, lower numbers<br />

a sellers' market.<br />

Month<br />

Months Supply<br />

Percent Change<br />

Year-over-Year<br />

October 2015 5.9 -14.4%<br />

September 2015 5.8 -15.6%<br />

August 2015 5.8 -15.3%<br />

July 2015 6.0 -11.7%<br />

June 2015 6.0 -13.8%<br />

May 2015 6.2 -11.6%<br />

April 2015 6.3 -12.8%<br />

March 2015 6.5 -12.5%<br />

February 2015 6.7 -11.8%<br />

January 2015 6.9 -10.4%<br />

December 2014 6.8 -13.7%<br />

November 2014 7.1 -15.5%<br />

October 2014 6.9 -20.1%<br />

24.0<br />

2011 2012 2013 2014 2015<br />

19.0<br />

14.0<br />

9.0<br />

4.0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Median Days<br />

on Market<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Closed Sales by Sale Price<br />

The number of sales transactions which closed during<br />

the month<br />

Economists' note : Closed Sales are one of the simplest—yet most<br />

important—indicators for the residential real estate market. When<br />

comparing Closed Sales across markets of different sizes, we<br />

recommend using the year-over-year percent changes rather than the<br />

absolute counts. Realtors® and their clients should also be wary of<br />

month-to-month comparisons of Closed Sales because of potential<br />

seasonal effects.<br />

180<br />

160<br />

140<br />

120<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Sale Price<br />

Closed Sales<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 59 -23.4%<br />

$50,000 - $99,999 156 2.0%<br />

$100,000 - $149,999 113 -5.0%<br />

$150,000 - $199,999 81 24.6%<br />

$200,000 - $249,999 41 36.7%<br />

$250,000 - $299,999 20 53.8%<br />

$300,000 - $399,999 16 -5.9%<br />

$400,000 - $599,999 11 0.0%<br />

$600,000 - $999,999 2 100.0%<br />

$1,000,000 or more 2 -33.3%<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

180<br />

160<br />

140<br />

120<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

Median Days on Market by Sale Price<br />

The median number of days that properties sold during<br />

the month were on the market<br />

Economists' note: Median Days on Market is the amount of time the<br />

"middle" property selling this month was on the market. That is, 50%<br />

of homes selling this month took less time to sell, and 50% of homes<br />

took more time to sell. We use the median rather than the average<br />

because the median is not particularly sensitive to sales of homes that<br />

took an unusually large amount of time to sell relative to the vast<br />

majority of homes in the market.<br />

1,000<br />

800<br />

October 2014 October 2015<br />

Sale Price<br />

$50,000 - $99,999 89 -19.1%<br />

$100,000 - $149,999<br />

Median Days on<br />

Market<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 71 -7.8%<br />

89 -12.7%<br />

$150,000 - $199,999 102 -17.1%<br />

$200,000 - $249,999 117 -20.9%<br />

$250,000 - $299,999<br />

97 -11.0%<br />

$300,000 - $399,999 138 -46.7%<br />

$400,000 - $599,999 395 199.2%<br />

$600,000 - $999,999 930 159.8%<br />

$1,000,000 or more 102 -50.7%<br />

1,000<br />

800<br />

600<br />

600<br />

400<br />

400<br />

200<br />

200<br />

0<br />

Less than<br />

$50,000<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

0<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


New Listings<br />

Inventory<br />

Monthly Market Detail - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

New Listings by Initial Listing Price<br />

The number of properties put onto the market during<br />

the month<br />

Economists' note: In a recovering market, we expect that new listings<br />

will eventually rise as sellers raise their estimations of value. But this<br />

increase will take place only after the market has turned up, so New<br />

Listings are a lagging indicator of the health of the market. Also be<br />

aware of properties which have been withdrawn from the market and<br />

then relisted. These are not really New Listings.<br />

250<br />

October 2014 October 2015<br />

Initial Listing Price<br />

New Listings<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 56 -25.3%<br />

$50,000 - $99,999 205 -4.7%<br />

$100,000 - $149,999 180 -5.3%<br />

$150,000 - $199,999 173 14.6%<br />

$200,000 - $249,999 87 13.0%<br />

$250,000 - $299,999 87 107.1%<br />

$300,000 - $399,999 61 17.3%<br />

$400,000 - $599,999 33 -10.8%<br />

$600,000 - $999,999 34 78.9%<br />

$1,000,000 or more 15 -37.5%<br />

250<br />

200<br />

200<br />

150<br />

150<br />

100<br />

100<br />

50<br />

50<br />

0<br />

Less than<br />

$50,000<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

0<br />

Inventory by Current Listing Price<br />

The number of property listings active at the end of<br />

the month<br />

Economists' note: There are a number of ways to calculate Inventory,<br />

so these numbers may not match up to others you see in your market.<br />

We calculate Inventory by counting the number of active listings on the<br />

last day of the month, and hold this number to compare with the same<br />

month the following year.<br />

800<br />

700<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Current Listing Price<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 118 -49.8%<br />

$50,000 - $99,999 493 -29.0%<br />

$100,000 - $149,999 478 -25.4%<br />

$150,000 - $199,999 514 -3.0%<br />

$200,000 - $249,999 370 15.3%<br />

$250,000 - $299,999 286 32.4%<br />

$300,000 - $399,999 285 13.5%<br />

$400,000 - $599,999 202 -7.8%<br />

$600,000 - $999,999 166 7.1%<br />

$1,000,000 or more 169 5.6%<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

800<br />

700<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Median Sale Price<br />

Monthly Distressed Market - October 2015<br />

Single Family Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

October 2015 October 2014<br />

Percent Change<br />

Year-over-Year<br />

Traditional<br />

Closed Sales<br />

Median Sale Price<br />

433 386 12.2%<br />

$125,000 $120,000 4.2%<br />

Foreclosure/REO<br />

Closed Sales<br />

Median Sale Price<br />

59 86 -31.4%<br />

$73,000 $61,875 18.0%<br />

Short Sale<br />

Closed Sales<br />

Median Sale Price<br />

9 17 -47.1%<br />

$72,000 $125,000 -42.4%<br />

100%<br />

90%<br />

80%<br />

70%<br />

60%<br />

50%<br />

40%<br />

30%<br />

20%<br />

10%<br />

0%<br />

$160,000<br />

2011 2012 2013 2014 2015<br />

Traditional Foreclosure/REO Short Sale<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

$140,000<br />

$120,000<br />

$100,000<br />

$80,000<br />

$60,000<br />

$40,000<br />

$20,000<br />

$0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

2011 2012 2013 2014 2015<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Summary Statistics<br />

October 2015<br />

October 2014<br />

Percent Change<br />

Year-over-Year<br />

Closed Sales<br />

Paid in Cash<br />

42 45 -6.7%<br />

31 33 -6.1%<br />

New Pending Sales<br />

38<br />

59 -35.6%<br />

New Listings<br />

Median Sale Price<br />

70 70 0.0%<br />

$36,500 $42,500 -14.1%<br />

Average Sale Price<br />

$46,476<br />

$47,308 -1.8%<br />

Median Days on Market<br />

81 152 -46.7%<br />

Average Percent of Original List<br />

Price Received<br />

86.6%<br />

89.1%<br />

-2.8%<br />

Pending Inventory<br />

Inventory (Active Listings)<br />

46<br />

244<br />

70 -34.3%<br />

292 -16.4%<br />

Months Supply of Inventory 5.4<br />

7.1 -22.9%<br />

Closed Sales<br />

The number of sales transactions which closed during<br />

the month<br />

Economists' note : Closed Sales are one of the simplest—yet most<br />

important—indicators for the residential real estate market. When<br />

comparing Closed Sales across markets of different sizes, we<br />

recommend using the year-over-year percent changes rather than the<br />

absolute counts. Realtors® and their clients should also be wary of<br />

month-to-month comparisons of Closed Sales because of potential<br />

seasonal effects.<br />

Month<br />

Closed Sales<br />

Percent Change<br />

Year-over-Year<br />

October 2015<br />

42<br />

-6.7%<br />

September 2015 44 10.0%<br />

August 2015 79<br />

75.6%<br />

July 2015<br />

June 2015<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

38<br />

59<br />

47<br />

56<br />

52<br />

36<br />

5.6%<br />

90.3%<br />

-24.2%<br />

21.7%<br />

15.6%<br />

-10.0%<br />

January 2015 34<br />

-12.8%<br />

December 2014<br />

November 2014<br />

10<br />

42<br />

-70.6%<br />

23.5%<br />

October 2014 45<br />

28.6%<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Cash Sales<br />

Pct. of Closed<br />

Sales Paid in Cash<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Cash Sales<br />

The number of Closed Sales during the month in which<br />

buyers exclusively paid in cash<br />

Economists' note : Cash Sales can be a useful indicator of the extent to<br />

which investors are participating in the market. Why? Investors are<br />

far more likely to have the funds to purchase a home available up front,<br />

whereas the typical homebuyer requires a mortgage or some other<br />

form of financing. There are, of course, many possible exceptions, so<br />

this statistic should be interpreted with care.<br />

Month<br />

Cash Sales<br />

Percent Change<br />

Year-over-Year<br />

October 2015 31 -6.1%<br />

September 2015 36 0.0%<br />

August 2015 65 91.2%<br />

July 2015 30 20.0%<br />

June 2015 45 73.1%<br />

May 2015 39 -18.8%<br />

April 2015 44 15.8%<br />

March 2015 37 -7.5%<br />

February 2015 29 -9.4%<br />

January 2015 32 10.3%<br />

December 2014 7 -73.1%<br />

November 2014 35 34.6%<br />

October 2014 33 13.8%<br />

80<br />

2011 2012 2013 2014 2015<br />

60<br />

40<br />

20<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Cash Sales as a Percentage of Closed Sales<br />

The percentage of Closed Sales during the month<br />

which were Cash Sales<br />

Economists' note : This statistic is simply another way of viewing<br />

Cash Sales. The remaining percentages of Closed Sales (i.e. those not<br />

paid fully in cash) each month involved some sort of financing, such as<br />

mortgages, owner/seller financing, assumed loans, etc.<br />

Month<br />

Percent of Closed<br />

Sales Paid in Cash<br />

Percent Change<br />

Year-over-Year<br />

October 2015 73.8% 0.6%<br />

September 2015 81.8% -9.1%<br />

August 2015 82.3% 8.9%<br />

July 2015 78.9% 13.7%<br />

June 2015 76.3% -9.1%<br />

May 2015 83.0% 7.2%<br />

April 2015 78.6% -4.9%<br />

March 2015 71.2% -20.0%<br />

February 2015 80.6% 0.7%<br />

January 2015 94.1% 26.6%<br />

December 2014 70.0% -8.5%<br />

November 2014 83.3% 9.0%<br />

October 2014 73.3% -11.5%<br />

105%<br />

95%<br />

85%<br />

75%<br />

65%<br />

55%<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Pending Sales<br />

New Listings<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

New Pending Sales<br />

The number of property listings that went from<br />

"Active" to "Pending" status during the month<br />

Economists' note : Because of the typical length of time it takes for a<br />

sale to close, economists consider Pending Sales to be a decent<br />

indicator of potential future Closed Sales. It is important to bear in<br />

mind, however, that not all Pending Sales will be closed successfully.<br />

So, the effectiveness of Pending Sales as a future indicator of Closed<br />

Sales is susceptible to changes in market conditions such as the<br />

availability of financing for homebuyers and the inventory of<br />

distressed properties for sale.<br />

Month<br />

October 2015<br />

September 2015<br />

August 2015<br />

July 2015<br />

72<br />

June 2015 49<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

January 2015<br />

December 2014<br />

November 2014<br />

October 2014<br />

New Pending Sales<br />

38<br />

53<br />

56<br />

55<br />

70<br />

59<br />

55<br />

56<br />

10<br />

27<br />

59<br />

Percent Change<br />

Year-over-Year<br />

-35.6%<br />

23.3%<br />

12.0%<br />

53.2%<br />

6.5%<br />

5.8%<br />

29.6%<br />

-4.8%<br />

-3.5%<br />

1.8%<br />

-78.7%<br />

-12.9%<br />

68.6%<br />

80<br />

2011 2012 2013 2014 2015<br />

60<br />

40<br />

20<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

New Listings<br />

The number of properties put onto the market during<br />

the month<br />

Economists' note : In a recovering market, we expect that new listings<br />

will eventually rise as sellers raise their estimations of value. But this<br />

increase will take place only after the market has turned up, so New<br />

Listings are a lagging indicator of the health of the market. Also be<br />

aware of properties which have been withdrawn from the market and<br />

then relisted. These are not really New Listings.<br />

Month<br />

October 2015<br />

September 2015<br />

August 2015<br />

July 2015<br />

June 2015<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

January 2015<br />

December 2014<br />

November 2014<br />

October 2014<br />

New Listings<br />

70<br />

60<br />

66<br />

80<br />

77<br />

77<br />

77<br />

96<br />

76<br />

77<br />

15<br />

55<br />

70<br />

Percent Change<br />

Year-over-Year<br />

0.0%<br />

-31.0%<br />

-14.3%<br />

14.3%<br />

-11.5%<br />

1.3%<br />

5.5%<br />

31.5%<br />

0.0%<br />

-6.1%<br />

-78.3%<br />

-32.9%<br />

-11.4%<br />

150<br />

2011 2012 2013 2014 2015<br />

100<br />

50<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Median Sale Price<br />

Average Sale<br />

Price<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Median Sale Price<br />

The median sale price reported for the month (i.e. 50%<br />

of sales were above and 50% of sales were below)<br />

Economists' note : Median Sale Price is our preferred summary<br />

statistic for price activity because, unlike Average Sale Price, Median<br />

Sale Price is not sensitive to high sale prices for small numbers of<br />

homes that may not be characteristic of the market area.<br />

Month<br />

Median Sale Price<br />

Percent Change<br />

Year-over-Year<br />

October 2015 $36,500 -14.1%<br />

September 2015 $35,600 8.0%<br />

August 2015 $40,000 11.1%<br />

July 2015 $36,750 5.8%<br />

June 2015 $37,000 8.8%<br />

May 2015 $37,500 13.8%<br />

April 2015 $41,750 42.0%<br />

March 2015 $49,900 10.9%<br />

February 2015 $33,500 5.5%<br />

January 2015 $38,150 13.1%<br />

December 2014 $58,500 67.4%<br />

November 2014 $35,908 12.2%<br />

October 2014 $42,500 28.8%<br />

$70K<br />

$60K<br />

$50K<br />

$40K<br />

$30K<br />

$20K<br />

$10K<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Average Sale Price<br />

The average sale price reported for the month (i.e.<br />

total sales in dollars divided by the number of sales)<br />

Economists' note : As noted above, we prefer Median Sale Price over<br />

Average Sale Price as a summary statistic for home prices. However,<br />

Average Sale Price does have its uses—particularly when it is analyzed<br />

alongside the Median Sale Price. For one, the relative difference<br />

between the two statistics can provide some insight into the market for<br />

higher-end homes in an area.<br />

Month<br />

Average Sale Price<br />

Percent Change<br />

Year-over-Year<br />

October 2015 $46,476 -1.8%<br />

September 2015 $51,336 42.5%<br />

August 2015 $43,332 8.6%<br />

July 2015 $42,913 18.7%<br />

June 2015 $44,735 12.0%<br />

May 2015 $39,018 -7.2%<br />

April 2015 $47,099 43.4%<br />

March 2015 $50,137 9.6%<br />

February 2015 $40,472 7.1%<br />

January 2015 $54,182 46.2%<br />

December 2014 $65,462 74.4%<br />

November 2014 $41,334 16.8%<br />

October 2014 $47,308 11.3%<br />

$70K<br />

$60K<br />

$50K<br />

$40K<br />

$30K<br />

$20K<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Median Days on<br />

Market<br />

Avg. Pct. of Orig.<br />

List Price<br />

Received<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Median Days on Market<br />

The median number of days that properties sold during<br />

the month were on the market<br />

Economists' note : Median Days on Market is the amount of time the<br />

"middle" property selling this month was on the market. That is, 50%<br />

of homes selling this month took less time to sell, and 50% of homes<br />

took more time to sell. We use the median rather than the average<br />

because the median is not particularly sensitive to sales of homes that<br />

took an unusually large amount of time to sell relative to the vast<br />

majority of homes in the market.<br />

Month<br />

Median Days on<br />

Market<br />

Percent Change<br />

Year-over-Year<br />

October 2015 81 -46.7%<br />

September 2015 134 57.6%<br />

August 2015 91 4.6%<br />

July 2015 106 24.7%<br />

June 2015 97 -9.3%<br />

May 2015 91 -22.9%<br />

April 2015 81 -17.3%<br />

March 2015 142 31.5%<br />

February 2015 92 -30.3%<br />

January 2015 117 -1.7%<br />

December 2014 169 -7.7%<br />

November 2014 86 -51.1%<br />

October 2014 152 28.8%<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Average Percent of Original List Price Received<br />

The average of the sale price (as a percentage of the original list<br />

price) across all properties selling during the month<br />

Economists' note : The Average Percent of Original List Price Received<br />

is an indicator of market conditions, in that in a recovering market, the<br />

measure rises as buyers realize that the market may be moving away<br />

from them and they need to match the selling price (or better it) in<br />

order to get a contract on the house. This is usually the last measure to<br />

indicate a market that has shifted from down to up, and is another<br />

lagging indicator.<br />

Month<br />

Avg. Pct. of Orig. List<br />

Price Received<br />

Percent Change<br />

Year-over-Year<br />

October 2015 86.6% -2.8%<br />

September 2015 89.5% 4.4%<br />

August 2015 87.1% -2.6%<br />

July 2015 87.6% -1.0%<br />

June 2015 90.8% 9.4%<br />

May 2015 88.1% 0.9%<br />

April 2015 90.3% 13.3%<br />

March 2015 88.0% 2.6%<br />

February 2015 89.9% 6.8%<br />

January 2015 91.9% 10.2%<br />

December 2014 86.7% 7.6%<br />

November 2014 90.0% 10.0%<br />

October 2014 89.1% 6.1%<br />

95%<br />

90%<br />

85%<br />

80%<br />

75%<br />

70%<br />

65%<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Inventory<br />

Months Supply of<br />

Inventory<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Inventory (Active Listings)<br />

The number of property listings active at the end of<br />

the month<br />

Economists' note : There are a number of ways to calculate Inventory,<br />

so these numbers may not match up to others you see in your market.<br />

We calculate Inventory by counting the number of active listings on the<br />

last day of the month, and hold this number to compare with the same<br />

month the following year.<br />

Month<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

October 2015 244 -16.4%<br />

September 2015 252 -21.3%<br />

August 2015 268 -14.1%<br />

July 2015 282 -12.1%<br />

June 2015 280 -12.2%<br />

May 2015 273 -13.9%<br />

April 2015 261 -18.9%<br />

March 2015 271 -20.5%<br />

February 2015 254 -28.5%<br />

January 2015 243 -35.2%<br />

December 2014 180 -49.2%<br />

November 2014 265 -27.8%<br />

October 2014 292 -18.9%<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Months Supply of Inventory<br />

An estimate of the number of months it will take to<br />

deplete the current Inventory given recent sales rates<br />

Economists' note : This is an indicator of the state of the market,<br />

whether it is a buyers' market or a sellers' market. The benchmark for<br />

a balanced market (favoring neither buyer nor seller) is 5.5 Months of<br />

Inventory. Higher numbers indicate a buyers' market, lower numbers<br />

a sellers' market.<br />

Month<br />

Months Supply<br />

Percent Change<br />

Year-over-Year<br />

October 2015 5.4 -22.9%<br />

September 2015 5.6 -29.2%<br />

August 2015 6.0 -21.6%<br />

July 2015 6.7 -17.2%<br />

June 2015 6.7 -17.5%<br />

May 2015 6.9 -13.3%<br />

April 2015 6.4 -26.1%<br />

March 2015 6.8 -26.5%<br />

February 2015 6.5 -33.5%<br />

January 2015 6.1 -40.2%<br />

December 2014 4.5 -52.5%<br />

November 2014 6.3 -36.2%<br />

October 2014 7.1 -24.9%<br />

18.0<br />

2011 2012 2013 2014 2015<br />

13.0<br />

8.0<br />

3.0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Median Days<br />

on Market<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Closed Sales by Sale Price<br />

The number of sales transactions which closed during<br />

the month<br />

Economists' note : Closed Sales are one of the simplest—yet most<br />

important—indicators for the residential real estate market. When<br />

comparing Closed Sales across markets of different sizes, we<br />

recommend using the year-over-year percent changes rather than the<br />

absolute counts. Realtors® and their clients should also be wary of<br />

month-to-month comparisons of Closed Sales because of potential<br />

seasonal effects.<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Sale Price<br />

Closed Sales<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 29 0.0%<br />

$50,000 - $99,999 11 -26.7%<br />

$100,000 - $149,999 1 N/A<br />

$150,000 - $199,999 1 N/A<br />

$200,000 - $249,999 0 -100.0%<br />

$250,000 - $299,999 0 N/A<br />

$300,000 - $399,999 0 N/A<br />

$400,000 - $599,999 0 N/A<br />

$600,000 - $999,999 0 N/A<br />

$1,000,000 or more 0 N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

Median Days on Market by Sale Price<br />

The median number of days that properties sold during<br />

the month were on the market<br />

Economists' note: Median Days on Market is the amount of time the<br />

"middle" property selling this month was on the market. That is, 50%<br />

of homes selling this month took less time to sell, and 50% of homes<br />

took more time to sell. We use the median rather than the average<br />

because the median is not particularly sensitive to sales of homes that<br />

took an unusually large amount of time to sell relative to the vast<br />

majority of homes in the market.<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Sale Price<br />

$50,000 - $99,999 102 -22.1%<br />

$100,000 - $149,999<br />

Median Days on<br />

Market<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 80 -49.7%<br />

81 N/A<br />

$150,000 - $199,999 70 N/A<br />

$200,000 - $249,999 (No Sales) N/A<br />

$250,000 - $299,999<br />

(No Sales)<br />

N/A<br />

$300,000 - $399,999 (No Sales) N/A<br />

$400,000 - $599,999 (No Sales) N/A<br />

$600,000 - $999,999 (No Sales) N/A<br />

$1,000,000 or more (No Sales) N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


New Listings<br />

Inventory<br />

Monthly Market Detail - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

New Listings by Initial Listing Price<br />

The number of properties put onto the market during<br />

the month<br />

Economists' note: In a recovering market, we expect that new listings<br />

will eventually rise as sellers raise their estimations of value. But this<br />

increase will take place only after the market has turned up, so New<br />

Listings are a lagging indicator of the health of the market. Also be<br />

aware of properties which have been withdrawn from the market and<br />

then relisted. These are not really New Listings.<br />

45<br />

40<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Initial Listing Price<br />

New Listings<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 41 32.3%<br />

$50,000 - $99,999 22 -26.7%<br />

$100,000 - $149,999 5 25.0%<br />

$150,000 - $199,999 1 -75.0%<br />

$200,000 - $249,999 1 0.0%<br />

$250,000 - $299,999 0 N/A<br />

$300,000 - $399,999 0 N/A<br />

$400,000 - $599,999 0 N/A<br />

$600,000 - $999,999 0 N/A<br />

$1,000,000 or more 0 N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

45<br />

40<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

Inventory by Current Listing Price<br />

The number of property listings active at the end of<br />

the month<br />

Economists' note: There are a number of ways to calculate Inventory,<br />

so these numbers may not match up to others you see in your market.<br />

We calculate Inventory by counting the number of active listings on the<br />

last day of the month, and hold this number to compare with the same<br />

month the following year.<br />

160<br />

140<br />

120<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Current Listing Price<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 108 -28.9%<br />

$50,000 - $99,999 102 -5.6%<br />

$100,000 - $149,999 25 47.1%<br />

$150,000 - $199,999 7 -12.5%<br />

$200,000 - $249,999 1 -66.7%<br />

$250,000 - $299,999 1 -50.0%<br />

$300,000 - $399,999 0 -100.0%<br />

$400,000 - $599,999 0 -100.0%<br />

$600,000 - $999,999 0 N/A<br />

$1,000,000 or more 0 N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

160<br />

140<br />

120<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Median Sale Price<br />

Monthly Distressed Market - October 2015<br />

Manufactured Homes<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

October 2015 October 2014<br />

Percent Change<br />

Year-over-Year<br />

Traditional<br />

Closed Sales<br />

Median Sale Price<br />

26 28 -7.1%<br />

$47,700 $47,020 1.4%<br />

Foreclosure/REO<br />

Closed Sales<br />

Median Sale Price<br />

15 14 7.1%<br />

$30,000 $35,004 -14.3%<br />

Short Sale<br />

Closed Sales<br />

Median Sale Price<br />

1 3 -66.7%<br />

$37,000 $32,000 15.6%<br />

100%<br />

90%<br />

80%<br />

70%<br />

60%<br />

50%<br />

40%<br />

30%<br />

20%<br />

10%<br />

0%<br />

$100,000<br />

$90,000<br />

$80,000<br />

$70,000<br />

2011 2012 2013 2014 2015<br />

Traditional Foreclosure/REO Short Sale<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

$60,000<br />

$50,000<br />

$40,000<br />

$30,000<br />

$20,000<br />

$10,000<br />

$0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

2011 2012 2013 2014 2015<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Summary Statistics<br />

October 2015<br />

October 2014<br />

Percent Change<br />

Year-over-Year<br />

Closed Sales<br />

Paid in Cash<br />

22 24 -8.3%<br />

11 19 -42.1%<br />

New Pending Sales<br />

26<br />

29 -10.3%<br />

New Listings<br />

Median Sale Price<br />

33 35 -5.7%<br />

$75,450 $52,500 43.7%<br />

Average Sale Price<br />

$82,186<br />

$58,833 39.7%<br />

Median Days on Market<br />

150 112 33.9%<br />

Average Percent of Original List<br />

Price Received<br />

91.6%<br />

86.0%<br />

6.5%<br />

Pending Inventory<br />

Inventory (Active Listings)<br />

28<br />

106<br />

38 -26.3%<br />

143 -25.9%<br />

Months Supply of Inventory 4.5<br />

6.2 -26.7%<br />

Closed Sales<br />

The number of sales transactions which closed during<br />

the month<br />

Economists' note : Closed Sales are one of the simplest—yet most<br />

important—indicators for the residential real estate market. When<br />

comparing Closed Sales across markets of different sizes, we<br />

recommend using the year-over-year percent changes rather than the<br />

absolute counts. Realtors® and their clients should also be wary of<br />

month-to-month comparisons of Closed Sales because of potential<br />

seasonal effects.<br />

Month<br />

Closed Sales<br />

Percent Change<br />

Year-over-Year<br />

October 2015<br />

22<br />

-8.3%<br />

September 2015 21 -12.5%<br />

August 2015 22<br />

46.7%<br />

July 2015<br />

June 2015<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

36<br />

25<br />

32<br />

30<br />

18<br />

16<br />

50.0%<br />

-13.8%<br />

6.7%<br />

-11.8%<br />

-28.0%<br />

-33.3%<br />

January 2015 13<br />

-27.8%<br />

December 2014<br />

November 2014<br />

26<br />

20<br />

116.7%<br />

5.3%<br />

October 2014 24<br />

9.1%<br />

40<br />

2011 2012 2013 2014 2015<br />

30<br />

20<br />

10<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Cash Sales<br />

Pct. of Closed<br />

Sales Paid in Cash<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Cash Sales<br />

The number of Closed Sales during the month in which<br />

buyers exclusively paid in cash<br />

Economists' note : Cash Sales can be a useful indicator of the extent to<br />

which investors are participating in the market. Why? Investors are<br />

far more likely to have the funds to purchase a home available up front,<br />

whereas the typical homebuyer requires a mortgage or some other<br />

form of financing. There are, of course, many possible exceptions, so<br />

this statistic should be interpreted with care.<br />

Month<br />

Cash Sales<br />

Percent Change<br />

Year-over-Year<br />

October 2015 11 -42.1%<br />

September 2015 14 0.0%<br />

August 2015 16 33.3%<br />

July 2015 26 44.4%<br />

June 2015 17 -29.2%<br />

May 2015 27 0.0%<br />

April 2015 22 -26.7%<br />

March 2015 15 -34.8%<br />

February 2015 12 -36.8%<br />

January 2015 11 -8.3%<br />

December 2014 20 100.0%<br />

November 2014 11 -35.3%<br />

October 2014 19 5.6%<br />

40<br />

2011 2012 2013 2014 2015<br />

30<br />

20<br />

10<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Cash Sales as a Percentage of Closed Sales<br />

The percentage of Closed Sales during the month<br />

which were Cash Sales<br />

Economists' note : This statistic is simply another way of viewing<br />

Cash Sales. The remaining percentages of Closed Sales (i.e. those not<br />

paid fully in cash) each month involved some sort of financing, such as<br />

mortgages, owner/seller financing, assumed loans, etc.<br />

Month<br />

Percent of Closed<br />

Sales Paid in Cash<br />

Percent Change<br />

Year-over-Year<br />

October 2015 50.0% -36.8%<br />

September 2015 66.7% 14.3%<br />

August 2015 72.7% -9.1%<br />

July 2015 72.2% -3.7%<br />

June 2015 68.0% -17.8%<br />

May 2015 84.4% -6.3%<br />

April 2015 73.3% -16.9%<br />

March 2015 83.3% -9.4%<br />

February 2015 75.0% -5.3%<br />

January 2015 84.6% 26.9%<br />

December 2014 76.9% -7.7%<br />

November 2014 55.0% -38.5%<br />

October 2014 79.2% -3.2%<br />

111%<br />

2011 2012 2013 2014 2015<br />

91%<br />

71%<br />

51%<br />

31%<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Pending Sales<br />

New Listings<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

New Pending Sales<br />

The number of property listings that went from<br />

"Active" to "Pending" status during the month<br />

Economists' note : Because of the typical length of time it takes for a<br />

sale to close, economists consider Pending Sales to be a decent<br />

indicator of potential future Closed Sales. It is important to bear in<br />

mind, however, that not all Pending Sales will be closed successfully.<br />

So, the effectiveness of Pending Sales as a future indicator of Closed<br />

Sales is susceptible to changes in market conditions such as the<br />

availability of financing for homebuyers and the inventory of<br />

distressed properties for sale.<br />

Month<br />

October 2015<br />

September 2015<br />

August 2015<br />

July 2015<br />

24<br />

June 2015 32<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

January 2015<br />

December 2014<br />

November 2014<br />

October 2014<br />

New Pending Sales<br />

26<br />

24<br />

20<br />

31<br />

43<br />

34<br />

18<br />

17<br />

22<br />

14<br />

29<br />

Percent Change<br />

Year-over-Year<br />

-10.3%<br />

0.0%<br />

-33.3%<br />

9.1%<br />

28.0%<br />

-13.9%<br />

13.2%<br />

17.2%<br />

-21.7%<br />

-58.5%<br />

29.4%<br />

-30.0%<br />

11.5%<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

New Listings<br />

The number of properties put onto the market during<br />

the month<br />

Economists' note : In a recovering market, we expect that new listings<br />

will eventually rise as sellers raise their estimations of value. But this<br />

increase will take place only after the market has turned up, so New<br />

Listings are a lagging indicator of the health of the market. Also be<br />

aware of properties which have been withdrawn from the market and<br />

then relisted. These are not really New Listings.<br />

Month<br />

October 2015<br />

September 2015<br />

August 2015<br />

July 2015<br />

June 2015<br />

May 2015<br />

April 2015<br />

March 2015<br />

February 2015<br />

January 2015<br />

December 2014<br />

November 2014<br />

October 2014<br />

New Listings<br />

33<br />

38<br />

25<br />

31<br />

33<br />

40<br />

29<br />

35<br />

41<br />

48<br />

29<br />

34<br />

35<br />

Percent Change<br />

Year-over-Year<br />

-5.7%<br />

18.8%<br />

-10.7%<br />

55.0%<br />

-21.4%<br />

11.1%<br />

-42.0%<br />

0.0%<br />

-4.7%<br />

-36.0%<br />

-6.5%<br />

9.7%<br />

0.0%<br />

80<br />

2011 2012 2013 2014 2015<br />

60<br />

40<br />

20<br />

0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Median Sale Price<br />

Average Sale<br />

Price<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Median Sale Price<br />

The median sale price reported for the month (i.e. 50%<br />

of sales were above and 50% of sales were below)<br />

Economists' note : Median Sale Price is our preferred summary<br />

statistic for price activity because, unlike Average Sale Price, Median<br />

Sale Price is not sensitive to high sale prices for small numbers of<br />

homes that may not be characteristic of the market area.<br />

Month<br />

Median Sale Price<br />

Percent Change<br />

Year-over-Year<br />

October 2015 $75,450 43.7%<br />

September 2015 $65,600 3.3%<br />

August 2015 $73,750 63.9%<br />

July 2015 $64,000 -27.7%<br />

June 2015 $78,000 56.0%<br />

May 2015 $70,100 58.8%<br />

April 2015 $50,000 -9.1%<br />

March 2015 $60,000 73.9%<br />

February 2015 $72,950 46.2%<br />

January 2015 $89,000 38.0%<br />

December 2014 $52,000 -11.5%<br />

November 2014 $53,250 23.8%<br />

October 2014 $52,500 -4.1%<br />

$100K<br />

2011 2012 2013 2014 2015<br />

$80K<br />

$60K<br />

$40K<br />

$20K<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Average Sale Price<br />

The average sale price reported for the month (i.e.<br />

total sales in dollars divided by the number of sales)<br />

Economists' note : As noted above, we prefer Median Sale Price over<br />

Average Sale Price as a summary statistic for home prices. However,<br />

Average Sale Price does have its uses—particularly when it is analyzed<br />

alongside the Median Sale Price. For one, the relative difference<br />

between the two statistics can provide some insight into the market for<br />

higher-end homes in an area.<br />

Month<br />

Average Sale Price<br />

Percent Change<br />

Year-over-Year<br />

October 2015 $82,186 39.7%<br />

September 2015 $73,214 -2.3%<br />

August 2015 $86,825 18.8%<br />

July 2015 $77,173 -10.1%<br />

June 2015 $105,124 60.6%<br />

May 2015 $82,650 8.1%<br />

April 2015 $68,650 -6.2%<br />

March 2015 $89,971 22.7%<br />

February 2015 $78,369 21.8%<br />

January 2015 $89,019 11.4%<br />

December 2014 $70,692 8.7%<br />

November 2014 $60,003 -0.3%<br />

October 2014 $58,833 -13.4%<br />

$120K<br />

2011 2012 2013 2014 2015<br />

$100K<br />

$80K<br />

$60K<br />

$40K<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Median Days on<br />

Market<br />

Avg. Pct. of Orig.<br />

List Price<br />

Received<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Median Days on Market<br />

The median number of days that properties sold during<br />

the month were on the market<br />

Economists' note : Median Days on Market is the amount of time the<br />

"middle" property selling this month was on the market. That is, 50%<br />

of homes selling this month took less time to sell, and 50% of homes<br />

took more time to sell. We use the median rather than the average<br />

because the median is not particularly sensitive to sales of homes that<br />

took an unusually large amount of time to sell relative to the vast<br />

majority of homes in the market.<br />

Month<br />

Median Days on<br />

Market<br />

Percent Change<br />

Year-over-Year<br />

October 2015 150 33.9%<br />

September 2015 104 5.1%<br />

August 2015 151 30.2%<br />

July 2015 128 -7.2%<br />

June 2015 152 28.8%<br />

May 2015 86 -38.6%<br />

April 2015 99 -2.9%<br />

March 2015 129 17.3%<br />

February 2015 116 2.7%<br />

January 2015 98 -43.0%<br />

December 2014 99 -6.6%<br />

November 2014 179 64.2%<br />

October 2014 112 53.4%<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Average Percent of Original List Price Received<br />

The average of the sale price (as a percentage of the original list<br />

price) across all properties selling during the month<br />

Economists' note : The Average Percent of Original List Price Received<br />

is an indicator of market conditions, in that in a recovering market, the<br />

measure rises as buyers realize that the market may be moving away<br />

from them and they need to match the selling price (or better it) in<br />

order to get a contract on the house. This is usually the last measure to<br />

indicate a market that has shifted from down to up, and is another<br />

lagging indicator.<br />

Month<br />

Avg. Pct. of Orig. List<br />

Price Received<br />

Percent Change<br />

Year-over-Year<br />

October 2015 91.6% 6.5%<br />

September 2015 90.5% -0.2%<br />

August 2015 89.8% -2.7%<br />

July 2015 89.2% 3.0%<br />

June 2015 90.0% 1.1%<br />

May 2015 91.9% 4.9%<br />

April 2015 89.2% 0.8%<br />

March 2015 87.5% -0.6%<br />

February 2015 92.3% 6.5%<br />

January 2015 92.3% 3.6%<br />

December 2014 88.8% -3.5%<br />

November 2014 86.9% 1.5%<br />

October 2014 86.0% -3.4%<br />

95%<br />

90%<br />

85%<br />

80%<br />

75%<br />

70%<br />

65%<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Inventory<br />

Months Supply of<br />

Inventory<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Inventory (Active Listings)<br />

The number of property listings active at the end of<br />

the month<br />

Economists' note : There are a number of ways to calculate Inventory,<br />

so these numbers may not match up to others you see in your market.<br />

We calculate Inventory by counting the number of active listings on the<br />

last day of the month, and hold this number to compare with the same<br />

month the following year.<br />

Month<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

October 2015 106 -25.9%<br />

September 2015 113 -27.6%<br />

August 2015 107 -30.5%<br />

July 2015 115 -32.0%<br />

June 2015 117 -36.1%<br />

May 2015 130 -26.1%<br />

April 2015 128 -30.1%<br />

March 2015 153 -15.9%<br />

February 2015 161 -11.5%<br />

January 2015 152 -14.6%<br />

December 2014 135 -17.7%<br />

November 2014 148 -13.5%<br />

October 2014 143 -12.8%<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

2011 2012 2013 2014 2015<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Months Supply of Inventory<br />

An estimate of the number of months it will take to<br />

deplete the current Inventory given recent sales rates<br />

Economists' note : This is an indicator of the state of the market,<br />

whether it is a buyers' market or a sellers' market. The benchmark for<br />

a balanced market (favoring neither buyer nor seller) is 5.5 Months of<br />

Inventory. Higher numbers indicate a buyers' market, lower numbers<br />

a sellers' market.<br />

Month<br />

Months Supply<br />

Percent Change<br />

Year-over-Year<br />

October 2015 4.5 -26.7%<br />

September 2015 4.8 -29.4%<br />

August 2015 4.5 -33.7%<br />

July 2015 4.9 -32.0%<br />

June 2015 5.3 -32.7%<br />

May 2015 5.8 -24.0%<br />

April 2015 5.7 -27.5%<br />

March 2015 6.7 -18.4%<br />

February 2015 6.9 -16.9%<br />

January 2015 6.3 -24.1%<br />

December 2014 5.5 -28.4%<br />

November 2014 6.4 -17.5%<br />

October 2014 6.2 -19.1%<br />

23.0<br />

2011 2012 2013 2014 2015<br />

18.0<br />

13.0<br />

8.0<br />

3.0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Median Days<br />

on Market<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Closed Sales by Sale Price<br />

The number of sales transactions which closed during<br />

the month<br />

Economists' note : Closed Sales are one of the simplest—yet most<br />

important—indicators for the residential real estate market. When<br />

comparing Closed Sales across markets of different sizes, we<br />

recommend using the year-over-year percent changes rather than the<br />

absolute counts. Realtors® and their clients should also be wary of<br />

month-to-month comparisons of Closed Sales because of potential<br />

seasonal effects.<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Sale Price<br />

Closed Sales<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 6 -45.5%<br />

$50,000 - $99,999 10 -9.1%<br />

$100,000 - $149,999 4 300.0%<br />

$150,000 - $199,999 1 0.0%<br />

$200,000 - $249,999 1 N/A<br />

$250,000 - $299,999 0 N/A<br />

$300,000 - $399,999 0 N/A<br />

$400,000 - $599,999 0 N/A<br />

$600,000 - $999,999 0 N/A<br />

$1,000,000 or more 0 N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

Median Days on Market by Sale Price<br />

The median number of days that properties sold during<br />

the month were on the market<br />

Economists' note: Median Days on Market is the amount of time the<br />

"middle" property selling this month was on the market. That is, 50%<br />

of homes selling this month took less time to sell, and 50% of homes<br />

took more time to sell. We use the median rather than the average<br />

because the median is not particularly sensitive to sales of homes that<br />

took an unusually large amount of time to sell relative to the vast<br />

majority of homes in the market.<br />

350<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Sale Price<br />

$50,000 - $99,999 88 -18.5%<br />

$100,000 - $149,999<br />

Median Days on<br />

Market<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 239 77.0%<br />

186 106.7%<br />

$150,000 - $199,999 236 -25.3%<br />

$200,000 - $249,999 166 N/A<br />

$250,000 - $299,999<br />

(No Sales)<br />

N/A<br />

$300,000 - $399,999 (No Sales) N/A<br />

$400,000 - $599,999 (No Sales) N/A<br />

$600,000 - $999,999 (No Sales) N/A<br />

$1,000,000 or more (No Sales) N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

350<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


New Listings<br />

Inventory<br />

Monthly Market Detail - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

New Listings by Initial Listing Price<br />

The number of properties put onto the market during<br />

the month<br />

Economists' note: In a recovering market, we expect that new listings<br />

will eventually rise as sellers raise their estimations of value. But this<br />

increase will take place only after the market has turned up, so New<br />

Listings are a lagging indicator of the health of the market. Also be<br />

aware of properties which have been withdrawn from the market and<br />

then relisted. These are not really New Listings.<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Initial Listing Price<br />

New Listings<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 10 -28.6%<br />

$50,000 - $99,999 13 0.0%<br />

$100,000 - $149,999 6 20.0%<br />

$150,000 - $199,999 3 50.0%<br />

$200,000 - $249,999 0 -100.0%<br />

$250,000 - $299,999 0 N/A<br />

$300,000 - $399,999 1 N/A<br />

$400,000 - $599,999 0 N/A<br />

$600,000 - $999,999 0 N/A<br />

$1,000,000 or more 0 N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

Inventory by Current Listing Price<br />

The number of property listings active at the end of<br />

the month<br />

Economists' note: There are a number of ways to calculate Inventory,<br />

so these numbers may not match up to others you see in your market.<br />

We calculate Inventory by counting the number of active listings on the<br />

last day of the month, and hold this number to compare with the same<br />

month the following year.<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Less than<br />

$50,000<br />

October 2014 October 2015<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Current Listing Price<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 32 -36.0%<br />

$50,000 - $99,999 43 2.4%<br />

$100,000 - $149,999 15 -6.3%<br />

$150,000 - $199,999 7 -68.2%<br />

$200,000 - $249,999 4 -33.3%<br />

$250,000 - $299,999 1 -50.0%<br />

$300,000 - $399,999 2 -50.0%<br />

$400,000 - $599,999 2 N/A<br />

$600,000 - $999,999 0 -100.0%<br />

$1,000,000 or more 0 N/A<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


Closed Sales<br />

Median Sale Price<br />

Monthly Distressed Market - October 2015<br />

Townhouses and Condos<br />

Ocala/Marion County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

October 2015 October 2014<br />

Percent Change<br />

Year-over-Year<br />

Traditional<br />

Closed Sales<br />

Median Sale Price<br />

20 18 11.1%<br />

$75,450 $52,500 43.7%<br />

Foreclosure/REO<br />

Closed Sales<br />

Median Sale Price<br />

2 6 -66.7%<br />

$77,500 $42,950 80.4%<br />

Short Sale<br />

Closed Sales<br />

Median Sale Price<br />

0 0 N/A<br />

(No Sales) (No Sales) N/A<br />

100%<br />

90%<br />

80%<br />

70%<br />

60%<br />

50%<br />

40%<br />

30%<br />

20%<br />

10%<br />

0%<br />

$200,000<br />

$180,000<br />

$160,000<br />

$140,000<br />

2011 2012 2013 2014 2015<br />

Traditional Foreclosure/REO Short Sale<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

$120,000<br />

$100,000<br />

$80,000<br />

$60,000<br />

$40,000<br />

$20,000<br />

$0<br />

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O<br />

2011 2012 2013 2014 2015<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Monday, November 23, 2015. Next data release is Tuesday, December 22, 2015.


The End

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!