The Berra's Lake of the Ozarks Real Estate Blog

Real Estate Stats at the Lake through 5/27/15
May 28th, 2015 11:50 AM



Lakefront Homes:
The number of lakefront home sales in 2015 thus far is 223 compared to 225 last year at this time. The average sale price is up slightly and bank owned home sales have dropped by approximately 40%.

Off-Water Homes: The number of sales has increased from 261 last year to 293 in 2015. The average sales price is up slightly and bank owned sales are down by 20%.

New Condos: The number of sales is down about 20% from last year so far. The average sale price is up roughly 20%. There have been no bank owned new condo sales this year.

Resale Condos: The number of closings is up over 30% vs. 2014. The average sales price is down about 5%. Bank owned sales increased to 8 so far in 2015.

Villa and Townhomes: There were 17 closings last year compared to 15 this year. Average sales price is down about 5%. There has been only one bank owned villa/townhome sale this year.

Lakefront Lots and Land: Twenty three closings this year vs. twenty two in 2014. Average sales price is double of the average in 2014. Only one bank owned waterfront land sale this year.

Off-Water Lots and Land: Transactions are up to 78 from 62 last year. The average sales price is up approximately 40%. Bank owned sales number 4.

Commercial: Total sales are up to 32 vs. 27 last year. Average sales price is down slightly. Bank owned sales are down slightly too.

Farms: Farm sales are up to 13 from only 5 at this point last year. Average sales price is up roughly 20%. There have been no bank owned farm sales this year.

This information provided as a general overview of the lake area real estate market from January 1, 2015 through May 27, 2015. This information is not specific to an individual property.

Note: Data taken from the Bagnell Dam Association of Realtors MLS



Posted in:General
Posted by Mike and Susie Berra on May 28th, 2015 11:50 AMPost a Comment

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