The market in Ocala is balanced, with 6.4 months of inventory, indicating neither a strong buyer’s nor seller’s market. However, in The Magnolias, there seems to be a slight shift towards a seller’s market, where the inventory is at 3.8 months with only seven homes on the market.
Despite the inventory suggesting a seller’s market, the recent dip in the average sales price and price per square foot look good for buyers.
Furthermore, the average seller discount has been steadily climbing, which also bodes well for buyers.
Everybody wins in the Magnolias!
