Condominium Sales Lake of the Ozarks 2006

Well, it’s January 1st and I couldn’t wait to run the numbers on Condominium Sales at the Lake of the Ozarks to see what happened.  As I thought, the sales figures for the entire MLS were down, but surprisingly, our own RE/MAX Lake of the Ozarks condo sales numbers were up dramatically.  Here’s the damage:

Condominium Comparison

2005

2006

% Change

# of Sales

1160

997

-14%

$ Volume

$202,231,566

$184,796,095

-8.6%

Avg $ per Sq Ft

113

136

20%

Average Sale

$174,338

$185,352

5%

List to Sell%

97

98

Days on Market

169

143

-15%

Sales over 500k

3

6

Highest Sale

$625,000

$673,500

The news that the dollar volume was off 8.6% or 18 million dollars was surprising to me.  I’ll break these numbers down further into new construction versus resale condominiums, as well as by 1, 2, and 3 bedrooms. If you have any questions about Condominiums or buying or selling Lake of the Ozarks real estate, you can always contact John Garrett at 573-302-2320 or e-mail me for a fast response.  Thank you.


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