Home Sales for July and August
Here is your update on the Real Estate Market at Lake of the Ozarks. The numbers are taken directly from the Bagnell Dam Board of Realtors.
Month/Yr............# Homes Sold.......................Days on the Market
July '08.....................122 Sold ............................113
July '07.....................137 Sold ............................102
August '08.................102 Sold ............................120
August '07.................193 Sold ............................117
As you can see, DOM (Days on the Market) hasn't changed much, but the number of units is down considerably from last year. With interest rates dropping slightly this week, and the National Market showing trends of improving, it makes for a perfect opportunity to Buy.
Foreclosures are down nation wide, California is showing a huge gain in sales, the over saturation of for sale properties is starting to correct itself.
For more market information on Lake of the Ozarks, give the Donna Gum Team a call at 1-888-DONNA-66 toll free. We have over 50 years of combined experience at the Lake!