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