According to the latest statistics, Branson, MO single family homes sales last month total was 12 single family homes. The highest priced one sold for approx. $245,000 and the lowest priced one sold for $109,000. That is the same number of homes sold last month with a medium price of $160,000 which shows no change in single family homes sold but 3 were foreclosed homes & that is two less than last month. A positive report for the Branson area in that foreclosures are becoming less of the market inventory being sold.
There were only 6 condos that closed escrow last month and they ranged from $105,800 to $42,000 in price. These sales were even less than last month with 4 less units sold than in September but a stable median price of about $60,000. This is not a positive indicator for the condo seller in the Branson Real Estate Market unless it means the bottom is here and things will improve in the future.
Market reports for land, farm and commercial sales and much more is available by request. Call (417)350-9743 or E-mail me!
Real estate is always local and we have plenty of good property available. Naturally, whether you should buy or sell depends upon your particular circumstances more than any other factor.
If you would like to go over your situation and get an honest evaluation of whether you are in the right "timing" or not, I will be glad to help. You can see what is available in the local market: Search Listings Here for free.
