ByOwnerLotsHeader

Ocala Home Sales Rise, Prices Dive

Staff Reports

Home sales bounced back in August while local median prices dropped to an 18-month low.

 

OcalamapOcala had the largest annual home sales gains in the state in August while reversing a four-month decline, and the metro area's median price, already the lowest in the state, continued to decline.

 

Sales of existing single-family homes reached 345 in August, up 32 percent from 262 a year ago for the highest increase in the state. August sales were also up 17 percent from 295 sales for July.

 

Ocala's median prices dropped further in August to $80,200, a 25 percent drop from $107,400 a year ago and the lowest since $75,500 in February 2003.

 

The 201 sales of existing single-family homes in Gainesville were up 26 percent from July's 159 and 25 percent from the 161 sales in August 2009, according to Florida Realtors. July's sales were a dramatic drop from the 264 sales in June, a three-year high, in what was the original deadline to close tax-credit sales that had to be under contract by April 30.

 

Median prices in the Gainesville metro area — consisting of Alachua and Gilchrist counties — dropped to $143,500 in August, down 18 percent from $175,500 a year ago and the lowest since February 2009 when it was $136,000. Median prices have decreased for three straight months following three months of gains.

All about Dunnellon | All about Inverness | All about Ocala

Properties for Sale | 3 Easy Steps to Buy | Financing Options | FAQs | Photo Gallery | Contact Us

CentralFlorida
CentralFlorida

© site by Redpoint Design Translate this site:flagesp1amexicoflag En Español In other languages

CentralFlorida
CentralFlorida
Properties
EasySteps
Financing
FAQ
PhotoGallery
ContactUs
ByOwnerLotsHeaderflagesp1amexicoflagPropertiesForSale1PropertiesForSaleEasyStepstoBuy1EasyStepstoBuyFinancingOptions1FinancingOptionsFAQs1FAQsPhotos1PhotosContact1Contact