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 cme@yourlake.com View thousands
of lake area listings at www.YourLake.com $1 million plus homes at www.LakeMansions.com You can also
view each months’ article, ask questions and offer your opinion on Michael’s
real estate blog, www.AsTheLakeChurns.com
