Housing prices continue to rise

302 SE Broadway Street, Unit 420 is shown in Ocala, Fla. on Tuesday, February 22, 2022. realtor.com lists the condo for sale and pending at $345,000. [Bruce Ackerman/Ocala Gazette] 2022.

According to a report recently released by Florida Realtors Association for activity in the month of May, the statewide median single-family sales price for homes rose another month to $420,000, up 21.8 percent from the previous year. Statewide median sales price for townhouses and condos median was $322,000, up 28.8 percent from the previous year.

The statewide single-family inventory of active listings totaled 40,013, an increase of 31.5 percent in listings from a year ago.

In the same report, Ocala/Marion County’s May median sale price for single family homes continued its creep up to $289,000, a 28.4% jump from the year before.

The townhouse and condo market in the Ocala/Marion County also had a significant increase, with a median sales price of $ $207,000, up 47.9% from the previous year.