The Berra's Lake of the Ozarks Real Estate Blog

Real Estate Stats at the Lake through 9/30/2013

October 8th, 2013 12:32 PM by Mike and Susie Berra

Lakefront Homes:
2013 closings of Lakefront homes number 521 vs. 508 last year at this time. The average sale price is $314,236 compared to $275,176 in 2012. Bank owned sales have increased this year to 44 from 33 in 2012.

Off-Water Homes: There have been 592 closings on off-water homes so far this year, up from 519 last year. The average sales price has increased from $112,623 to $126,294. Bank owned sales have decreased to 149 from 160 in 2012.

Condominiums: There have been 457 closings on condos in 2013 vs. 414 last year. Average sales prices for new condos is down just slightly and up slightly for resales units. Bank owned condo sales are down substantially from 32 last year to 21 this year.

Villas and Townhomes: There have been 40 closings this year, up from 26 last year with average sale prices up slightly. Bank owned sales are the same at 6 homes.

Lakefront Lots: Lakefront lot sales number 58 compared to 40 for 2012. Average sales prices up over 20% with bank owned sales up around 20%.

Off-Water Lots: Big increase in off-water lot sales this year with 134 closings compared to 89 last year. Average prices up nearly 10% and bank owned sales down roughly 70%.

Commercial: Large jump in the number of commercial sales in 2013. There have been 60 closings in 2013 vs. 24 in 2012. Average prices up slightly, but bank owned sales have more than doubled.

Farms: The number of farms that closed in 2013 have nearly doubled from 2012 and there have been no bank owned farm sales this year.

Overall, there have been 1,885 closings in 2013 so far compared to 1,632 in 2012 and 1,446 in 2011. Bank owned sales are down only slightly at 257 vs. 264 last year.

The numbers provided are merely figures provided based on many different types of properties in many areas of the Lake. If you would like information on your home here or if you are looking to buy, we can provide you with market and location specific information.

NOTE: Data taken from the Bagnell Dam Association of Realtors MLS
Posted in:General
Posted by Mike and Susie Berra on October 8th, 2013 12:32 PM



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