The Berra's Lake of the Ozarks Real Estate Blog

Real Estate Stats at the Lake - First 9 Months of 2011

October 3rd, 2011 8:58 AM by Mike and Susie Berra

Here are the real estate statistics from 1/1/2011 through 9/30/2011 for property in the Lake of the Ozarks. 

Waterfront Homes: 427 waterfront homes sold so far in 2011 compared to 387 closings for the same period in 2010. Waterfront bank owned sales are up around 9% in 2011, and they make up less than 10% of all waterfront home sales so far this year.

Off-Water Homes: 467 off-water homes have sold so far in 2011, down slightly from the 479 closings for the same period last year. Bank owned off-water home sales have increased roughly 3% from 2010 and make up 39% of the off-water home sale market.

Condominiums: Condo sales for 2011 number 355 and that is up roughly 6% from 2010. Bank owned condo sales are down approximately 37% from last year and make up only 7% of the condo sales market.

All Property Types: In 2011, there have been 1,418 real estate closings at the Lake, of which 274 were bank owned sales. Bank owned sales account for roughly 20% of all Lake area sales. Total sales volume for 2011 so far is $249,043,643.00. In 2010, there were 1,378 closed sales, with 271 of them being bank owned. Total sales volume in 2010 was $246,464,496.00. It is apparent that not much has changed from 2010, compared to 2011 numbers thus far this year.

Waterfront Lots: Waterfront lot sales are down to 27, compared to 34 closings last year. Bank owned waterfront lots sales are up to 6 compared to the same period in 2010.

Off-Water Lots: Off-water lot sales in 2011 currently number 77, a significant drop from the 102 sales at this point last year. Bank owned sales in 2011 are nearly identical to 2010. Bank owned sales make up approximately 12% of the off-water lot sales this year. 

*Data taken from the Bagnell Dam Association of Realtors MLS



Posted in:General
Posted by Mike and Susie Berra on October 3rd, 2011 8:58 AM



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