Joplin MO Market Information 2012

By
Real Estate Broker/Owner with Oak Creek Realty Group LLC MO# 1999078273

Despite an uptick in sales after the tornado in Joplin last year, the Joplin area is still in the throws of a buyers market. The amount of inventory so far for 2012 has tightened somewhat but overall still represents an abundance of inventory. Whereas 94% of all new listings coming on the market sold in 2004, so far for 2012 only 47% of new listings have sold. Thus far for 2012, 1582 new listings have come on the market with only 744 having sold. This does not account for listings that were already on the market at the end of 2011, just the new listings that have entered the market. So long as there is a gap between new listings and the number of solds we can expect the buyer's market to continue overall. 

New Listings Vs Solds

The successful successful seller in the Joplin area must still be the best priced and in the best condition to be in the 47% that sells. Current sales data suggests that 2012 could see total sales of 30% less than in 2011 and basically the same as we saw in 2010.

What does this all mean for the home seller in the Joplin area? You must be priced well, your home must be in good repair and ready to show at it's best and to get the most exposure, call your local REALTOR®. Your local REALTOR® has the tools and resources to ensure that your home has the best chance to sell.

Posted by

//

Find Your Ideal Home With Our Free MLS Search Engine! Look at Joplin, Carl Junction, Webb City and More! This is the Best way to shop for properties in SW Missouri!

Click Here For Free MLS Access... JoplinHomeSales.com

Walter Hayes

Keller Williams Realty of Southwest Missouri

619 S Florida

Joplin, MO 64801

Office: (417) 623-9900

Walter: (417) 649-6776

Fax: (512) 519-7578

E-Mail: walter@walterhayes.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Missouri
Tags:
joplin real estate
joplin mo real estate
joplin homes for sale

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
844,749
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

We in CA have a different market and the change is good.  Hope it spreads across the US.

Jul 10, 2012 12:31 AM #1
Rainmaker
647,582
Team Honeycutt
Allen Tate - Concord, NC

Thanks for sharing your statistics. The graphs are very helpful. Our numberds here are steadily improving. Hope they continue to do that.

Betty

Jul 10, 2012 12:37 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
175,080

Walter Hayes

Make the Right Move!
Ask me a question
*
*
*
*
Spam prevention

Additional Information