Lake of the Ozarks Market Trends

Real Estate at The Lake
What is the “Lake” market?
                                         Year               Transactions               Volume
                                                                      2008                     2077                  $427,317,908
                                                                      2009                     1837                  $353,094,195
                                                                      2010                     1896                  $327,676,395
                                                                      2011                     1859                   $328,973,236
Waterfront Average Prices Per Square Foot
·         $200,000 – $400,000 Sales
                                      Year          Sales Price       Sq.Ft.       Price per Sq.Ft.
                                                        2006                  $274,000              2037                      $134.
                                                        2007                  $279,000              1993                      $140.
                                                        2008                  $275,000              2003                      $137.   
                                                        2009                  $271,712              2134                      $127.    
                                                        2010                  $269,729              2213                      $122.
                                                        2011                  $270,028              2287                       $118.
*** 243 Sales in this category.  39 sales $350,000 – $400,000.  $121.00 per Sq.Ft., 10 sales over $150.00 per Sq.Ft.
15 sales were foreclosures, average price $274,000/$83.00 per Sq.Ft.
2008 to 2011
What is the makeup of the Lake Market?
Based on # of sales:
                                      Year          Res.          Condo          Vac. Land          Comm
                                                            2008          58%            28%                12.5%               1.5%
                                                            2009          62%            26%                   10%                   2%
                                                            2010          62%            26%                   9.5%                  2%
                                                            2011          65%            26%                      8%           2%                            

                                                     
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