"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
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!