As the weather warms up in April, it’s the perfect time to reflect on the changing climate of the real estate market here in Ocala. In this newsletter, you’ll find an up-to-date look at our local market trends, as well as an in-depth exploration of the economic impact of the equestrian industry in Florida and beyond. This month we also had the pleasure of hosting an Ocala Downs Block Party, featuring three of our gorgeous Ocala Downs properties and some very special equestrian demonstrations. If you didn’t have the opportunity to attend, don’t worry – we’ve provided you an overview of what you missed! And don’t forget to check out this month’s featured property, a gorgeous estate on 10 fenced acres. Enjoy!
Market Trends | March 2018
587, down -3.6% from 2017
Average Sale Price
$191,364, up 14.3% from 2017
740, up 1.4% from 2017
2,637, down -3.4% from 2017
Month Supply of Inventory
4.9, down -3.9% from 2017
The 2018 March 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 last month by price point
Economic Impact | The Equine Industry in FL
It’s no secret that Ocala has earned its place as Horse Capital of the World for the extensive equestrian industry throughout our area. The American Horse Council Foundation (AHCF) recently commissioned a 2017 Economic Impact Study nationwide and just released economic impact breakdowns for 14 states. With major support from the Florida Thoroughbred Breeders’ & Owners’ Association, the Florida study focused on the overall impact of equines to the state, and specifically the impact of thoroughbreds in racing.
Event Recap | Ocala Downs Block Party
Ocala Downs is a highly diverse neighborhood situated between Ocala and Gainesville perfect for equestrians of every discipline. On April 17th, we had the pleasure of hosting the Ocala Downs Block Party highlighting four different equestrian properties allowing guests to witness unique equine demonstrations, savor specialty curated hors d’oeuvres, and receive exclusive tours of each horse country retreat.
Upcoming Events | May 2018
With Mother’s Day taking place in May, it’s no surprise that there’s a ton of options to help you celebrate your mom, or celebrate being a mom yourself! This month is full of events to suit any interest including “The Southern Drive” at the Grand Oaks Resort, as well as FAFO‘s annual “Symphony Under the Stars,” and multiple local events at the Reilly Arts Center. If you’re hoping to attend one of these events, share our newsletter with one of your friends and Discover Ocala together!
Property Showcase | Country Palm Estate
$745,000 ••• MLS #534504
Live in the pinnacle of luxury while being a short drive from town. Stunning 10 acre fenced estate offers a 5-bedroom, 4-bath home with office, detached 4 car garage and paddocks with run-ins. From the moment you drive down the gated tree lined entrance to the magnificent home you will know Country Palm Estate is the one. Your new home hosts an open concept Chef’s kitchen with stainless appliances, island with seating, pantry, a wet bar with sink and wine cooler that opens to the formal living room. Double doors lead to spacious master retreat with sitting area, luxurious spa bath with Jacuzzi tub, walk thru shower and 2 vanities. Spend your afternoons relaxing on the lanai by the screened in pool with spa and summer kitchen or with drinks around the fire pit that offers an amazing view.
For more information on Country Palm Estate, contact:
Cindy Wojciechowski | REALTOR®