Lake of the Ozarks Condominiums for Sale

A quick look at the Lake of the Ozarks Condiniums markets, and what is for sale, and what has sold in greater detail makes for an interesting study.  It is easy to break down a real estate market as three categories, the starter market that is comprised of the first 60% of the market, the move up market, that is the next 25%, and the luxury market, that is the top 15% of all sales.

The prices break down as follows:

41% of all sales in value fall into the starter condo market category, while the move up and luxury categories are surprisingly close at 32% and 27%.  Why is this different than the original breakdown we used of 60%, 25%, and 15%?  Those are using number of sales, while the chart above shows dollar volume.

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