Friday, September 30, 2016

October Lake of the Ozarks Real Estate Update

Three Years Compared

     With the close of the 3rd quarter in 2016 I have complied a spreadsheet showing a comparison of the past 3 years sales, average sales price and number of days on the market.  As I mentioned several times over the previous year, inventory is tight and continues to drive sales prices upward as well as decreasing time on the market.  This is also responsible for a decrease in the number of closed sales we are seeing in many property types.

Lake area sales data has been obtained from the Lake of the Ozarks MLS based on all property type sales shown over the time frame from January 1, 2014 to September 26, 2016 and all other times represented in the data.
    Michael has been selling real estate at the Lake of the Ozarks since 1981.  He is one of the most respected brokers in the area.  If you would like to work with Michael in the sale or purchase of property, contact him at 573.365.SOLD or  View thousands of lake area listings at $1 million plus homes at   You can also view each months’ article, ask questions and offer your opinion on Michael’s real estate blog,