The Latest Market Update at the Lake of the Ozarks this June 2023

The summer market is here!☀️

... and there are some BIG changes happening!

To help give you a better look, we are going to dive deep into 4 major stats.

STAT # 1️⃣: No. of Homes on the Market

This number has increased from around 764 homes to around 802 homes available.


➡️  The GOOD NEWS is with summer here we are seeing more homes entering the market giving you more opportunities!

Our team has proven processes to help walk you navigate this process


➡️ There is massive demand for your home!

We are still in a low inventory market and we likely have buyers ready and willing to put an offer on your home today.

STAT #2️⃣: Average Sold Price

In Lake of the Ozarks, the average home is selling for $419,000.00. This is a dip from last month by $23,000.


    ➡️ This could be the opportunity you’ve been waiting for.


    ➡️ With the summer market here we expect this number to increase.

    STAT #3️⃣: No. of Homes Sold

    This stat increased from 217 to 240 homes sold.

    The summer market is here and is picking up, with demand increasing by the day!

      STAT #4️⃣: Average Sold Price vs. List Price

      Houses are currently selling for 98% of what they are listed for.

      This tells us that the Lake of the Ozarks market is currently strong and getting stronger.


      ➡️ This proves there is a little negotiating room, but you still need a competitive edge when putting in an offer on a home.


      ➡️ While this is great news it’s also important to note that listing your home at the correct price is critical.

      Through our FREE Home Evaluation, we can help you discover what those numbers look like...


      If you’re looking to buy or sell and want a team with your best interest at heart… talk to us at Matt Smith Real Estate Group.

      Our team has years of experience along with proven processes to help you get into the lake home of your dreams.

      Let's help you get started by getting your FREE Home Evaluation!

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