This month’s newsletter is full of tips and tricks to make your home selling experience as easy as possible. You’ll also be able to find out what your zip code reveals about your property. Lastly, we’ve added some insightful information on what steps to take when you’re left with a property after your loved one’s passing. This can be an incredibly difficult time for you, let us help you!
Market Trends | July 2017
Closed Sales
525, up 1.0% from 2016
Average Sale Price
$179,856, up 4.2% from 2016
Pending Sales
589, Down -3.4% from 2016
Active Listings
2,613, down -5.8% from 2016
Month Supply of Inventory
4.9, down -9.3% from 2016
The July report is available from the Ocala Marion County Association of REALTORS® (OMCAR) report.
Email us to receive the full report!
Closed Sales in Marion County over the last 5 years.
Top 6 Marion County Zip Codes For Sellers
Right now, real estate inventory is low in Marion County, meaning properties are in-demand and the seller’s market is strong. Here are the six lowest-inventory zip codes in the Ocala area where sellers can thrive in the current market.
Check out the 6 zip codes here!
Selling An Inherited Property | What You Need To Know
The passing of a loved one can take a serious emotional toll on an entire family. Less expected are the economic and legal consequences and how to deal with them. Inheritors can find themselves the owners of new property overnight with no idea what to do about it, or what to expect. Should you keep it? Rent it? Sell it? We’ve assembled a list of some of the most crucial things you need to know about dealing with an inherited property, especially if you choose to sell.
Take a look and learn how to be prepared.
Neighborhood Spotlight | Turning Hawk & Turning Hawk II
Look at a satellite map of Ocala, and you’ll notice a deep green swathe curving almost elegantly across the south of the county. It’s part of the Florida Greenway that stretches in a 110-mile corridor from the St. Johns River on the East coast to the Nature Coast of the Gulf, and skirts some of Ocala’s most exclusive and luxurious neighborhoods. Two of those neighborhoods are Turning Hawk and its sister subdivision, Turning Hawk II.
Featured Property | Hilltop Farm
7601 NW Highway 225 Ocala, Florida 34482
$1,200,000 • • • MLS #521937
Hilltop Farm, New to the Market! This 25 Acre farm has some of the highest elevations in Ocala, and is located minutes from Golden Ocala, Publix’s the new World Equestrian Center, and restaurants! The pastures are dotted with majestic live oaks, the land has plenty of roll to hack you horses but a nice flat area on top of the hill for an arena by the barn. The 14stall concrete block center isle barn sits just so the breeze flows thru it. The freshly painted barn features an equipment area, huge hot and cold wash rack, plenty of storage, tack and feed rooms, all with a fabulous wrap around porch to relax and enjoy the views. Step into the quaint eclectic 1 bedroom, 1 bath apartment/ home with a refreshing screened in pool! Enjoy the show season or live year round in Ocala’s Horse Capitol!
?