residential market statistics- october 2011

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Residential Market Statistics Lake of the Ozarks, Missouri October 2011

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Lake of the Ozarks, Missouri Real Estate Residential Market Statistics

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Page 1: Residential Market Statistics- October 2011

Residential Market StatisticsLake of the Ozarks, Missouri

October 2011

Page 2: Residential Market Statistics- October 2011

35

61.25

87.5

113.75

140

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

46

59

97

74

108105

129

104 103

123

108

86

53

62

109 108

113

9793

122

109

103

7779

6361

95

115 114

108105

133

110

Chart 2

201120102009

Residential Units Sold

Page 3: Residential Market Statistics- October 2011

Residential - Units Sold

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

2011

2010

2009

63 61 95 115 114 108 105 133 110

53 62 109 108 113 97 93 122 109 103 77 79

46 59 97 74 108 105 129 104 103 123 108 86

Residential Units Sold

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

Page 4: Residential Market Statistics- October 2011

<$100,000

100,000-150,000

150,000-200,000

200,000-250,000

250,000-300,000

300,000-350,000

350,000-400,000

400,000-500,000

500,000-600,000

600,000-700,000

700,000-1M

>$1M

0 11.25 22.50 33.75 45.00

44.21

38.09

33.60

29.05

24.25

29.73

27.36

29.02

34.02

27.13

19.98

12.09

Chart 3

Month's Inventory

October 2011 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.

Page 5: Residential Market Statistics- October 2011

Price Active Sold Last 12 months Sold Per Month Month's Inventory<$100,000 395 392 32.67 12.09100,000-150,000 328 197 16.42 19.98150,000-200,000 364 161 13.42 27.13200,000-250,000 275 97 8.083 34.02250,000-300,000 208 86 7.167 29.02300,000-350,000 114 50 4.167 27.36350,000-400,000 109 44 3.667 29.73400,000-500,000 97 48 4.00 24.25500,000-600,000 46 19 1.583 29.05600,000-700,000 42 15 1.25 33.60700,000-1M 73 23 1.917 38.09>$1M 70 19 1.583 44.21Totals 2121 1151

October 2011 Residential Absorption Rates

Page 6: Residential Market Statistics- October 2011

$100,000

$130,000

$160,000

$190,000

$220,000

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

$148,000 $145,900

$162,000

$150,000

$210,775

$155,000$150,000

$154,950

$148,000

$180,900

$148,500

$161,250

$170,000

$163,250

$114,400

$141,000

$130,000

$173,000

$137,000

$159,450$157,000

$147,500

$165,700

$132,000$134,000$139,000

$120,000$125,000

$135,000

$144,450

$135,000

$155,000

$145,250

Chart 1

201120102009

Residential Median Sell Price

Page 7: Residential Market Statistics- October 2011

Residential Median Price

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

201120102009

$134,000 $139,000 $120,000 $125,000 $135,000 $144,450 $135,000 $155,000 $145,250

$170,000 $163,250 $114,400 $141,000 $130,000 $173,000 $137,000 $159,450 $157,000 $147,500 $165,700 $132,000

$148,000 $145,900 $162,000 $150,000 $210,775 $155,000 $150,000 $154,950 $148,000 $180,900 $148,500 $161,250

Residential Median Sell Price

Page 8: Residential Market Statistics- October 2011

100

125

150

175

200

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

129 128

122

136

143

132

111

135

157

138

127

150

128

154

132128

150153

119

136

145

159

151

133

147

179

163

141

156

145

138

143

151

Chart 1

201120102009

Residential Average DOM

Page 9: Residential Market Statistics- October 2011

Residential Average

DOM

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

201120102009

147 179 163 141 156 145 138 143 151

128 154 132 128 150 153 119 136 145 159 151 133

129 128 122 136 143 132 111 135 157 138 127 150

Residential Average DOM

Page 10: Residential Market Statistics- October 2011

87.00%

89.25%

91.50%

93.75%

96.00%

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

94.26%

93.84%

94.82%

94.39%

91.85%91.68%

89.61%

92.56%

93.99%94.30%

90.00%

92.32%

95.55%

92.27%

90.96%

88.54%

91.96%92.24%

94.25%

92.79%

91.91%

90.28%

93.15%93.38%

90.15%

92.85%

94.07%

93.07%

90.47%

91.37%

92.94%

90.09%

91.15%

Chart 1

201120102009

Residential List to Sell Ratio

Page 11: Residential Market Statistics- October 2011

Residential List-Sell

Ratio

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

201120102009

90.15% 92.85% 94.07% 93.07% 90.47% 91.37% 92.94% 90.09% 91.15%

95.55% 92.27% 90.96% 88.54% 91.96% 92.24% 94.25% 92.79% 91.91% 90.28% 93.15% 93.38%

94.26% 93.84% 94.82% 94.39% 91.85% 91.68% 89.61% 92.56% 93.99% 94.30% 90.00% 92.32%

Residential List to Sell Ratio

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