July 9th, 2011 12:41 PM by Mike and Susie Berra
Here are the real estate sales statistics for the first half of 2011 at the Lake of the Ozarks:
Waterfront Homes: Waterfront home sales are up for the fist 6 months of 2011 with 237 closings vs. 216 closings for 2010. Total volume is up approximately $5.5 million. Bank owned sales of waterfront homes are up to 29 in 2011 compared to 17 last year.
Off-water Homes: Off-water home sales are down slightly from 2010. The sales last year numbered 326 vs. 316 so far this year. Total volume is down approximately $4 million. Bank owned off-water home sales are up 13% from last year and account for nearly 41% of the off-water home sales market.
Waterfront Condos: Waterfront condo sales in 2011 of 165 are almost identical to 2010. Only 2 more sales in 2011, with overall volume down slightly. Bank owned waterfront condo sales have decreased 46%.
Off-water Condos: Sales of off-water condos for the first 6 months of 2011 number 24, up from 20 sales in 2010. Total volume of off-water condo sales is up $900,000. Off-water bank owned sales number 4 for both 2010 and 2011.
Bank Owned Sales: The number of bank owned sales on all types of property number 192 so far this year. That is an increase from the 171 sales in 2010. There were only 78 bank owned property sales in the first half of 2009.
Total Sales Jan. 1 to June 30, 2011: Total closed sales at the Lake of the Ozarks numbered 845 vs. 842 for the same period last year. Total sales volume for 2011 is $149.6 million vs. $150.4 million last year.
Data is taken from the Bagnell Dam Association of Realtors MLS