Tuesday, April 1, 2014

April Lake of the Ozarks Real Estate Update

Total condo sales rose again in 2013, up 9% over 2012.  The 2013 numbers represent an increase of 29.6% over the low points that occurred in both 2009 and 2011.  Below is a chart detailing the condo units sold each year in varying price points.  As we saw in the upper end home market, the upper condo range has flattened out with sales over $300,000 being almost non-existent the past 12 months. 
There are currently a total of 735 units actively on the market.  In addition, there are currently 55 units under contract.

All data is from the Lake of the Ozarks Multiple Listing Service for the dates and years shown.
My office will be hosting the May Business Journal Social at Bootlegger’s on Thursday, May 8th, stop by to visit and kick off another great season at Lake of the Ozarks.
If you would like a detailed sales report and value for your specific property type or neighborhood, or would like information on the best buys at the lake, contact C. Michael Elliott & Associates at 573.365.SOLD.  You can also view each month’s article, ask questions and offer your opinion on my blog at www.AsTheLakeChurns.com