Waterfront Market Statistics - October 2011

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Waterfront Residential Market Statistics Lake of the Ozarks, Missouri October 2011

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Lake of the Ozarks, Missouri Real Estate Waterfront Market Statistics

Transcript of Waterfront Market Statistics - October 2011

Waterfront Residential Market Statistics

Lake of the Ozarks, Missouri

October 2011

0

25

50

75

100

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

16

24

41

30

62

5153

60

41

65

43

39

24 25

37

42 42

46

42

69

60 59

34 33

2528 29

59

46

5254

83

56

201120102009

Waterfront Residential Units Sold

WF Sold

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120102009

25 28 29 59 46 52 54 83 5624 25 37 42 42 46 42 69 60 59 34 3316 24 41 30 62 51 53 60 41 65 43 39

Waterfront Residential Units Sold

Note: The second page of data is the same information as the graphed page, just in a different format for different people :)

<200

200-300

300-400

400-500

500-600

600-700

700-800

800-900

900-1M

1M-1.5M

1.5M-2M

2M +

0 12.5 25.0 37.5 50.0

252.0

38.4

28.6

36.0

29.3

45.0

26.4

24.7

20.5

23.6

27.0

15.9

Chart 2

Months of Inventory

October 2011 Waterfront Residential Absorption Rates

Understanding Absorption Rates How long will it take to absorb the current number of homes and condos listed? This is expressed as Absorption Rate (AR). The AR is

calculated on the numbers of like-kind properties (this is an apples to apples comparison) that have sold in the last 12-month period. Once you have the number of listings sold, you divide by twelve to give you a per month number absorbed by the market or Absorption Rate. Then you take the number currently on the market and divide by the Absorption Rate and that gives you the number of months it

will take to sell everything currently on the market. This does not count any new listings that hit the market. Of course, if the market gets better, or worse, this figure will change.

WF AR Months of Inventory

<200200-300300-400400-500500-600600-700700-800800-900900-1M1M-1.5M1.5M-2M2M +

15.927.0

2421

24.72645

29.336

28.638

252

October 2011 Waterfront Residential Absorption Rates

$150,000

$187,500

$225,000

$262,500

$300,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

$243,500

$220,250

$256,500

$216,000

$288,000

$230,000

$264,500$269,000

$233,000

$259,000$255,000

$280,000

$228,500

$280,000

$243,000 $245,000

$218,250$222,500

$216,250

$198,900

$217,250

$260,000

$240,000$244,500

$292,000

$175,000

$269,000

$252,500

$242,500 $242,500

$197,500 $197,600

$225,500

Chart 1

201120102009

Waterfront Residential Median Sell Price

WF Median

Sell Price

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011

2010

2009

$292,000 $175,000 $269,000 $252,500 $242,500 $242,500 $197,500 $197,600 $225,500

$228,500 $280,000 $243,000 $245,000 $218,250 $222,500 $216,250 $198,900 $217,250 $260,000 $240,000 $244,500

$243,500 $220,250 $256,500 $216,000 $288,000 $230,000 $264,500 $269,000 $233,000 $259,000 $255,000 $280,000

Waterfront Residential Median Sell Price

0

75

150

225

300

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

125

112

127

147138

129

112

149

124

141

114

165

142

189

155 156 154

173

143152

137

179

214

191

152

254

213

135

156

171162

140

193

Chart 1

201120102009

Waterfront Average DOM

WF DOM

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120102009

152 254 213 135 156 171 162 140 193142 189 155 156 154 173 143 152 137 179 214 191125 112 127 147 138 129 112 149 124 141 114 165

Waterfront Average DOM

85.00%

87.75%

90.50%

93.25%

96.00%

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

94.43%

93.92%

94.65% 94.68%

91.98%

90.74%

87.67%

92.18%

94.01% 94.06%

88.65%

92.20%

95.67%

90.59%90.81%

86.77%

90.54%

91.70%

95.02%

92.96%

91.76%

89.49%

92.26%91.90%

89.33%

92.13%

94.11%

93.28%

89.58%

90.76%

93.05%

89.82%

90.83%

Chart 1

201120102009

Waterfront Residential List to Sell Ratio

WF Res List-Sell

Ratio

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120102009

89.33% 92.13% 94.11% 93.28% 89.58% 90.76% 93.05% 89.82% 90.83%

95.67% 90.59% 90.81% 86.77% 90.54% 91.70% 95.02% 92.96% 91.76% 89.49% 92.26% 91.90%

94.43% 93.92% 94.65% 94.68% 91.98% 90.74% 87.67% 92.18% 94.01% 94.06% 88.65% 92.20%

Waterfront Residential List to Sell Ratio

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