What Are We Seeing in the Lake Ozark Market?

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I'm often asked, “What’s going on in the market?" We've recently reviewed this year's market statistics in Lake Ozark.

Listings decreased about 2% compared to this time last year. This means there are fewer properties on the market to choose from, which benefits sellers. Sold listings have increased 5% from 656 to 688 in only one year.

Prices have only increased by an average of 3.29%. Additionally, the median list price only went up by $1,000. If you're a buyer, it’s an opportune time to act before those prices start getting pushed up.

The list-to-sale ratio has increased by .5% in the last year, and now sits at 94.5%. The average days on market has remained around 150 days.

If you’re looking to buy or sell, it looks like a fantastic time to take advantage of recent trends. We sell many properties in the winter and fall.

If you have any questions about the market, or about your specific subdivision, give us a call or send us an email. We look forward to hearing from you!