According to our local statistics, Branson single family homes sales last month total was down 5 to 19 single family, built-on-site homes with the highest priced one selling for $409,000 and the lowest priced one selling for almost $59,000. That is a big decrease in the number of single family homes sold and the medium price is back down to $160,000. Not good news for Branson home owners or sellers. Only 7 homes were short-sale and foreclosure sales and that is the bit of good news we needed. That is a decreasing influence in our current Branson Real Estate Market and a good sign we have been looking for!
There were 8 condos reported to have closed escrow last month, which is 2 less than the previous month. The sales prices ranged from $160,000 to $40,000. That is a major decrease in resales with a median price of $65,000. This is a increasing short-sale and foreclosure influence in the Branson Condo Market to over 50% which is not the good news I wanted to report either.
Market information for land, farm, mobile-home sales and more information is available by request. Call or email me, with no obligation on you. Real estate is always local and we have had no problem getting financing for good buyers and a fair price for good property. 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 aslo see what is going on in the market today:
Search Listings Here for free. Or emailto: steve@caroljones.com and I will send them to you regularly.
