Lake of the Ozarks Housing Industry Market Analysis
Everyone always wants to know..."What's the Housing Market look like?" Their next question is usually "What's the LAKE's Housing Market look like?" We all know Buying or Selling your Lake of the Ozarks Home can present some unique obstacles along with some great perks. The following information was recently released by the Bagnell Dam Board of Realtors MLS and sheds some light on the Local market forecast. Homes - Market activity continues to improve at Lake of the Ozarks. According to MLS data the total number of transactions increased 19% since 2010 while the number of foreclosures dropped 6% during the same time frame showing market stability. Lakefront home sales volume increased by 30% while the average sales price declined by 9% from 2010 to 2012. Non-lakefront homes sales volume increased slightly while average sales price remained steady. The number of foreclosures for both waterfront and non-waterfront decreased slightl