2011 Shell Knob Market Report
There were no surprises in the end of year reports for Real Estate sales in Shell Knob. Being basically a Recreation and Retirement area on Table Rock Lake, we have suffered in low sales last year. However, we have not felt the brunt of Short Sales and BPO's that many large cities have experienced.
Home sales were down - 13.43% from the previous year, and the dollar volume of the sales was down - 22.94%. This translates into meaning that buyers were looking for lower priced properties.
The average selling price for 2011 in Shell Knob, MO was $179,476, with 2010 averaging $201,643.
Vacant land sales suffered in the trickle-down effects of the economy. The average sale price was $41,318, down almost 10% from the previous year.
Overall, The volume of Sold Listings was down by 19% and the average sale price down 17%.
Call Joan for all your real estate needs around Table Rock Lake and Shell Knob 417-846-7128
Tri-Lakes Realtors 417-858-3344