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April 2012 is proving to be a big improvement from April 2011. It feels like the buyers are coming out to see what there really is in Shell Knob's Table Rock Lake property.Everyone is looking for a bargain and expecting to pay half of what they may have checked out a year ago. It is true that home values have dropped 8% from the previous April sales figures. However, it is taking longer to sell . The Days On The Market are currently coming (1 comments)
shell knob home sales: Shell Knob - Small Potatoes - 12/01/10 04:50 PM
"How can you make a living selling real estate in Shell Knob?" is a question I often hear when residents and agents in large cities see our local statistics. Guess the reason we survive in this economy, is that our cost of living in southwest Missouri is low.
Home sales continue to decline in the lake/retirement market of Shell Knob, MO and I must admit that it was more fun selling when lake sales were booming.November MLS reports had a whopping number of TWO closings in Shell Knob, with an average price of $92,500 . This number (0 comments)
shell knob home sales: Train Wrecks Waiting To Happen - 09/11/10 01:04 PM
I sometimes feel like a Railroad Conductor, even tho we don't actually have a rail line going through Shell Knob, MOYou holler "All Aboard", from listing to sale. Waving people in to get on board by buying your latest listing, and as offers and counter-offers chug along, there is the occasional hand raised in a STOP move, when emotions surface.
Buyer and seller both experience the highs and lows of the finance process, appraisals, inspections and the train chugs on.Buyer wants the huge clock over the fireplace to remain, while seller wants buyer to give them an extra week, (1 comments)
shell knob home sales: Sales Improved In Shell Knob - 07/03/10 02:59 PM
June Market Report For Shell Knob June sales were a big improvement this year over 2009, for the Shell Knob, Mo area, in fact they were doubled. The average sale price for the 10 homes sold was $258,425. This was $100,000 more than the previous June.
There are 13 more sales pending, but not closed yet. Year to date, we have 33 closed sales on the books, which is a 57% improvement on last year's figures. Average days on the market remained close with 82 days listed.
Vacant Land did not fare as well with only one sale closed (1 comments)
shell knob home sales: May Sales Up In Shell Knob, MO - 06/02/10 05:22 PM
There was an average sale price in Shell Knob, MO of $203,500 for the 4 sales closed in May, 2010. This brings Year To Date sales up to 23 - a big improvement over 2009 sales in the same period last year.
The average days on the market this year are close to the days in 2009 - 128 days to sell and close - approximately 4 months. Tri-Lakes Realtors remains the top company in the Tri-Lakes Multiple Listing Board, with 15% of the Board's listed sales.
Call Joan for Buying or Selling Lake (3 comments)
shell knob home sales: HOW ABOUT A SELLING BONUS? - 01/09/10 11:59 AM
SHOULD ANXIOUS SELLERS OFFER A BONUS? Are bonus's bribes? Are you seeing more listings offering a Selling Bonus? It is showing up on a frequent basis in the Shell Knob/Tri-Lakes MLS. There are not only more sellers offering a bonus, but the amount of the bonus appears to be increasing. In times past a $1,000 - $5,000 bonus in Shell Knob would be normal, but in today's tight market, $10,000 - $15,000 can be found. Does a bonus really sell a home faster? Will an agent steer a buyer to that property, versus showing a house of equal benefits only offering (4 comments)
Bold leadership seems to be rare these days, but I am grateful to work for a broker with a positive outlook on life and business. So we're in a recession - right? Real Estate Sales are down - right? Commissions have shrunk - right? Some agents are finding supplemental income - right? So what Broker in their right mind would choose to move into beautiful new, larger offices and expand their agency? Tri-Lakes,REALTORS!
Shell Knob Bridgeway Plaza Office
Tri-Lakes, (3 comments)
shell knob home sales: Ever Herd Cats? - 09/26/09 03:14 PM
How do you feel about herding cats?If you've ever been a cat owner, you know that herding cats is about impossible. Unlike our faithful canine companions, even here in Shell Knob, MO, felines do not train well. They don't come when called (unless it is chow time). They don't sit or stay on command. They are independent creatures. I loved that commercial last spring where it showed cowboys herding hundreds of cats! Sure they did!
The Herding Cats premise, is about the same as trying to show houses to more than one couple at a time. I don't recall (9 comments)
Much has been said lately about appraisers - most of it not good. Many pointed a finger at them for allowing the over-inflation of homes, which led to the current housing problems and even (some say) the recession. Be that as it may, they are human - I was married to one once - and are now trying to cope with new rules and regulations. The next concern is if the property will appraise to the sale price. We haven't had too many problems there, as Shell Knob did not see a huge inflation in prices as Florida or California (0 comments)
For the first five months of 2009 (January thru May) there was a 62% drop in sales from the same time period in 2008. There have been 12 sales closed this year, compared to 32 sales the previous year.The average sale price 1/1/09 - 6/1/09 was $143,792. This same time span in 2008 had an average of $162,684. All sales were under $300,000. The high sale was $275,000, with average days on the market at 113. June to September is normally the busy season for Table Rock Lake real (1 comments)
shell knob home sales: EVER GET A "FEELING"? - 02/22/09 03:28 PM
Bail-outs, Layoffs, Store Closings, Unemployment, Bankruptcy, Recession, Depression - Gloom and Doom are everywhere. TV, Radio, Newspapers and Magazines are all harking the bad news.
What would happen if we decide not to participate? Unemployment is close to 8%, but that means 92% of the population IS employed, right?
Real estate is still the best investment out there. God isn't making anymore - last time I checked.In the Ozarks (SW Missouri) we had inflated prices, but not to the degree other parts of the country had. In 2008 properties sold at 94% list to sell ratio here. That is (3 comments)
November is officially the start of the 'Off Season' for real estate sales around Table Rock Lake, which makes it a great time for buyers to be shopping for a lake home.There were four price reductions on today's multiple listing report, reflecting current market conditions. A small cottage came down $10,000 in price. The biggest drop was on a luxury home, which was reduced by $110,000. Two more homes reduced the asking price by $46,000 and $44,000. Last month's sales were single diget: TWO - YES TWO HOMES were closed with the average sale price $158,500 - average DOM (3 comments)
When I first started my real estate career, I only thought about selling houses. That's what real estate was all about to me. I sold a drug store once, but found myself more drawn to the Burbs and new subdivisions. It was fun being able to find the perfect home for a family. Fast forward a few years and a move to the Ozarks. Shell Knob is almost rural, and yet being spread out around this portion of Table Rock Lake, it tends to be recreational.
Now all I seem to do (3 comments)
shell knob home sales: WHY LIST YOUR HOME NOW - 06/07/08 02:22 PM
MY HOUSE IS WORTH WHAT??If you are wanting to sell your home in Shell Knob, MO , but all you hear about real estate sales is negative, what should you do? You aren't alone with your concerns, there are a large number of sellers waiting anxiously for the market to head back up and they are seeking answers to questions. Is the national trend hitting Shell Knob? What is my home actually worth in this current downturn? Can my house compete with my neighbor's? Do I need to update my fixtures? If I don't sell now, how long do I have (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.