Real Estate Blog - Six Month Sales Down for Shell Knob, MO Area

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Six Month Sales Down for Shell Knob, MO Area

June closed residential sales for Shell Knob, Eagle Rock and Golden, MO saw a 45% drop, when compared to June 2008.

There were only 5 closed homes in June, with an average sale price of $127,900. The high sales price was $230,000. Average days on market were 130.

The first half of 2009 tells the story. Sales are down 45% this year. 2008 had 44 properties sold versus the 24 sold and closed this year. The high sale of the year was $275,000. This continues to leave the higher- end and luxury homes languishing. Homes over $300,000 are just sitting month after month with few showings, if any.

This portion of the Ozarks is largely retirees or pre-retirees wanting to enjoy the lake now, with the goal of having their retirement here in the future. We get few, if any, first time home buyers - or Virgin Buyers - as H&G tv likes to call them. We have very few Repo's, so the so called 'Stimulus' money does not help us.

Our MLS Board sales showed a total of 107 properties closed in June, with a list to sell percent of 91.9. Average sales price was $150,894.

Call Joan for all your real estate needs. 417-846-7128

Tri-Lakes REALTORS 417-858-3344

Posted by Joan Snodgrass Tri-Lakes Realtors, Shell Knob, MO on 07/04/2009 04:53 PM

Comments (3)

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Originally posted at: Joan's Blog: Six Month Sales Down for Shell Knob, MO Area

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3 Comments on Six Month Sales Down for Shell Knob, MO Area

JUL

Happy July 4th from me to you. Thanks for the post today.

JUL

Joan - hope your 4th was great! Looks like you can use some stimulus in Shell Knob, just like we can over here.

AUG

Sorry. Lack of money is no obstacle. Lack of an idea is an obstacle. I am from Mali and also now teach English, give true I wrote the following sentence: "Looking for a clock like or similar to the pictured one or reply by email, thank you very much,tom." Thank you so much for your future answers :-(. Paley.

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