BLOG UPDATE: Three Year Real Estate Sales Report

Three Year Real Estate Sales Report

 

Everyone is looking for the bottom of the market at Lake of the Ozarks. Judging from our sales numbers, the bottom is behind us now! With interest rates still at all time lows, and prices holding firm and not starting to move up YET, it appears to me that this IS the time to make the move you have been thinking about for so long. 

 

Lakefront Homes                     2010                   2011                    2012

Total Sold                                  129                146                 182

Totla Sold Volume           $40,433,945     $46,350,404     $53,994,732

% Ave List vs Avg Sold Price     89.5%             92.0%             93.7%

# of Foreclosures Sold             14                   20                  16

 

The above summary comes directly from the Bagnell Dam Board of Realtors multi-list service. 
The trend is easy to see.

  • More lakefront homes are selling.
  • Sellers are getting closer to what they are asking now than they have for the past three years.
  • Volume is up
  • Foreclosures play a minimal role in the market at the Lake of the Ozarks]
 
We have similar figures on Condos, Lots, Off water homes also. Just contact us and let us know what you would like and we will be happy to email you a full report.

 

                                 


Posted on: Friday the 18th of May 2012.
Total views: 115
Written by: Marty Gum

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