Marion County housing market continues to improve
"Marion County's housing market continued to improve during February as the median sales price reached its highest level in nearly three years, closings topped a three-month high, and pending sales were at the highest levels since the market crashed at the onset of the recession.
The median single-family home sales price in February rose to $99,900, the highest it's been since April 2010 and a 17.6 percent increase over February 2012, according to a report released by the Ocala/Marion County Association of Realtors on Thursday.
During February, Realtors also sold 355 single-family homes, up from 323 during January and a nearly 7 percent hike over February 2012.
Meanwhile, there were 604 pending sales during February, a 57.3 percent hike over the same month a year ago and the highest overall since before 2009. Pending sales is a good potential indicator of future closings,"
By Fred Hiers
Staff writer
Published: Thursday, March 21, 2013 at 1:53 p.m.
Last Modified: Thursday, March 21, 2013 at 7:29 p.m.
The Ruiz/Miller Team needs inventory to sell. Now is the time to take advantage of the market shift, near record interest rates for buyers, and get your home SOLD!
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