According to our local statistics, Branson single family homes sales for 2012 as of the first week of March was
28 single family, built-on-site homes with the highest priced one selling for $355,000 and the lowest priced one selling for $34,000. That is a a stable or bottomed-out market depending on how you look at it. The medium price is 140,000 and that is another sign the market has bottomed out for single family home sales. Branson home sellers who can wait will eventually see and increase in home values, if they are patient. 13 of the homes, which is just under 50%, were short-sale and foreclosed homes. That is an unchanged influence in our current Branson Real Estate Market too.
There were 44 condos reported to have closed escrow so far this year. The sales prices ranged from $438,000 to $17,000. This and the median price $75,000 shows little improvement in this market. The condos sold in distress sales was only 18 and that is a decreasing short-sale and foreclosure influence in the Branson Condo Market, which is good news that we may have bottomed out and are turning the corner
Market information for land, farm, mobile-home sales and more information is available by request. Call or email me, with no obligation on you. Real estate is always local and we have had no problem getting financing for good buyers and a fair price for good property. Naturally, whether you should buy or sell depends upon your particular circumstances more than any other factor.
If you would like to go over your situation and get an honest evaluation of whether you are in the right "timing" or not, I will be glad to help. You can aslo see what is going on in the market today:
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