Condo Market Statistics Lake of the Ozarks, Missouri October 2011

Chart 1

Condo Units Sold

80

71

60 60

55

54 48 48

40

43 42

59

50

59 53

57 53

50

48

44 41 38

27

29 28

24

20

36 35

26 22

22

2011 2010 2009

15 14 13

0

35

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Condo Units Sold Condo Units Sold 2011 2010 2009

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

15

22

28

43

54

48

48

71

59

13

27

29

42

38

41

50

59

50

53

35

35

14

24

29

26

44

48

60

55

53

57

36

22

October 2011 Condo Chart Absorption Rates 1 <100,000

22.708

100,000-150,000

17.959

150,000-200,000

19.721 23.647

200,000-250,000 250,000-300,000

40.8

300,000-350,000

26.4

350,000-400,000

40

400,000-500,000

24

500,000-600,000

18

600,000+ 0 0

10

20

Month's Inventory

30

40

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.

October 2011 Condo Absorption Rates

Price

Active

Sold Past/Yr

<100,000

123

65

Sold/Month 5.41666666666667

Month's Inventory 22.7076923076923

100,000-150,000

220

147

12.25

17.9591836734694

150,000-200,000

212

129

10.75

19.7209302325581

200,000-250,000

134

68

5.66666666666667

23.6470588235294

250,000-300,000

85

25

2.08333333333333

40.8

300,000-350,000

33

15

1.25

26.4

350,000-400,000

20

6

0.5

40

400,000-500,000

6

3

0.25

24

500,000-600,000

3

2

0.166666666666667 18

600,000+

2

0

0

Total

838

460

0

Condo Median Sell Price Chart 1 \$180,000 \$180,000

\$174,000 \$172,000 \$170,000

\$165,000

\$166,950 \$162,000

\$163,850

\$164,000

\$161,500 \$159,000

\$158,000

\$150,000

\$167,500

\$166,750

\$156,550

\$160,000 \$155,000

\$155,000 \$154,450

\$152,000

\$149,950 \$148,750

\$149,500

\$149,000 \$146,250

\$144,950 \$143,750 \$140,000

\$140,000

\$135,000

\$144,000 \$140,000

\$139,000

\$134,900

\$120,000

Jan

2011 2010 2009 Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Condo Median Sell Price Condo Median Sell Price 2011 2010 2009

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

\$134,900 \$158,000 \$149,000 \$140,000 \$164,000 \$139,000 \$143,750 \$160,000 \$154,450 \$149,950 \$152,000 \$172,000 \$166,950 \$166,750 \$156,550 \$159,000 \$144,000 \$146,250 \$140,000 \$174,000 \$149,500 \$148,750 \$180,000 \$172,000 \$162,000 \$140,000 \$144,950 \$163,850 \$155,000 \$155,000 \$170,000 \$167,500 \$161,500

Condo Average DOM Chart 1

300

283 272

250

260

257 248 238 230 221 220

221

218

200

206 203

200

199

192

189 182 166

150

158

180 169

165 156 151

155 148

144

100

Jan

Feb

Mar

196

180

163

154

205

Apr

May

Jun

Jul

Aug

2011 2010 2009 Sep

Oct

Nov

Dec

Condo Average DOM Condo Avg DOM 2011 2010 2009

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

154

199

180

257

221

200

230

220

180

144

182

163

156

238

283

248

148

189

206

192

205

166

158

218

151

165

155

169

221

260

203

272

196

Chart 1 Sell Ratio Condos List to

99.00%

98.69% 97.95% 97.87%

97.88%

96.75%

97.08% 96.37%

96.18%

96.25%

96.19% 95.91%

95.89% 95.24%

95.14%

94.50%

95.10%

94.80%

95.15%

96.23%

96.04%

95.03%

95.48%

95.35% 94.56%

94.34%

94.20% 93.54%

96.83%

96.58%

94.28%

93.94%

94.47% 94.21%

93.39%

92.25%

90.00%

2011 2010 2009 Jan

Feb

91.67%

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Condos List to Sell Ratio Condo ListSell Ratio

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

2011

96.18%

94.20%

93.39%

95.24%

94.34%

95.10%

95.15%

94.28%

95.35%

2010

93.54%

95.89%

97.87%

94.80%

96.25%

93.94%

96.19%

95.03%

2009

95.14%

96.37%

97.95%

97.88%

97.08%

95.91%

96.58%

96.04%

Oct

Nov

Dec

94.56%

94.21%

91.67%

94.47%

96.83%

96.23%

95.48%

98.69%

All Information Deemed Reliable but Not Guaranteed

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Condo Market Stats

October 2011- Lake of the Ozarks Real Estate Condo Market Statistics