Property prices for sale in Lake Ozark (Missouri)
The prices in real estate in Lake Ozark, in the Missouri region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Lake Ozark has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $605. In the following month the price per sq.feet decreased considerably to $364. The price for the following two months in (December, January) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable increase of 142 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $408 to $577.5 during February, and March.
Based upon to the price in Lake Ozark (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $445,070. In November This price remains at $462,832. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $523,889 they are 66 % more affordable than the average price for Lake Ozark. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $466,184.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $244 / sq.feet, with an average $864 / sq.feet price in Lake Ozark. The properties with the lowest average prices have 1 bedroom. They are 62 % cheaper than the average followed by properties with 3 bedrooms with a price at $271 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $523,889 it is 54 % cheaper than the average price in Lake Ozark. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $727,195 it is 144 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $245 / sq.feet followed by "Condo" priced at $259 / sq.feet. "Land" is the most costly type of property with a $15,402 / sq.feet cost followed by "Commercial" with an average price of $3,167 / sq.feet.
