The increase in inventory levels to a 4.45-month supply in August 2024, up from 4.53 months in July, has created a more balanced market in Ocala. This change provides more options for buyers, potentially easing some of the competitive pressure seen earlier in the year. For sellers, while it may mean their homes are on the market slightly longer (average days on market increased to 75 in August from 69 in July), it also suggests a healthier, more sustainable market. This balance can lead to more stable price growth and give buyers more time to make informed decisions, ultimately contributing to a more robust and resilient housing market in Ocala.