State real estate report

Condo for sale in Marion County. [Photo courtesy realtor.com]

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Posted March 2, 2026 | Staff report

The Florida Realtors Association January market report shows that statewide the median single-family home sale price dropped to $405,000, a 1.2% decrease from January of 2025. Townhouse and condo median sales price were reported at $305,000, a 2.4% year over year decrease from last January.  

The statewide active listing inventory for single-family homes was 110,188, a 2.8% increase over last year. Statewide inventory for condos and townhomes was reported at 71,885, a .8% increase from last January. 

Overall, the association reported, inventory levels in all market segments are climbing and prices have generally stabilized.

Brad O’Connor, senior economist for the Florida Realtors, a statewide agents’ reporting and professional trade association, said, “In Florida, closed sales of single-family homes were up year over year for the fifth consecutive month, rising by nearly 6%. They were also higher than the January counts from 2024 and 2023, as well, making this the strongest January for closed single-family home sales in Florida since 2022, when 30-year fixed mortgage rates were still close to 3% … Closed sales of condos and townhouses were up year over year in January for the fifth straight month, as well, this time increasing by just over 5% compared to a year ago. That’s also the highest January total since 2022.”  

Single-family market

Ocala/Marion County’s January median sale price reported for single-family homes was $279,900, a 2.8% decrease from 2025.  

“Looking at inventory levels of single-family homes as of the end of January, we can see that they were certainly higher than they were compared to a month prior at the end of December. Something similar happened one year prior. In both cases, the jump was mostly the result of the high number of new listings that came onto the market after the first of the year,” O’Connor noted. “With inventory levels stabilizing over the last several months, unsurprisingly, movement in Florida’s median sale prices remains muted. In the single-family category, the median sale price was down by a little over 1% compared to a year ago, falling to $405,000.”

The association reported the supply of single-family existing homes statewide stood at 5.2-months’ supply, a 2.8% decrease over last January.  

“Months’ supply inventory is a useful indicator of market conditions,” the report stated. “The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers’ market and anything lower is a sellers’ market.”

Statewide, the number of cash sales for single-family homes increased by 3.6%, with a total of 5,280, which was just under 33% of all sales.

“Cash sales can be a useful indicator,” the report stated, “of the extent to which investors are participating in the market. Investors are far more likely to have the funds to purchase a home available up front, whereas the typical homebuyer requires a mortgage or some other form of financing.”

Ocala/Marion County reported 574 single-family home closings, a 7.3% increase from last January.

Townhouses and condos

Ocala/Marion County townhouse and condo median sales prices came in at $169,950, an 8.1% decrease from last January. A total of 32 closed sales were reported.   

The median price among closed sales in January was down close to 2½% year over year, coming in at $305,000.

About this market’s rising inventory levels, O’Connor said, “The same is true in the condo and townhouse category, which was up by less than 1% year over year this January. In January 2025, inventory was up by nearly 40% compared to the year prior. If we look over a longer timeline, back to 2008, we can also see that inventory levels in both property type categories are still far, far below their all-time highs.”

Statewide, existing condo-townhouse properties were at a 9.7-months’ supply in January, an increase of 6.6% from January 2025, with reported total active listings of 71,885. For the sector, the number of cash sales increased by 8.9% to 3,419 and represented more than 56% of the market.