Branson Market Report
What is a ‘Market Report’?
A market report is nothing more than fluid…ever-changing data about a local real estate market! Our reports will help give you a quick look at the number of homes and condos currently on the market, and also what homes have sold for during the past year. We will give you the average per square foot price of sold homes and condos.
What is a Seller’s Market?
A Seller’s Market means that sellers have the benefit of the market. It exists when there is:
- Low Inventory – Less than 6 Months Absorption Rate
- Homes Sell Fast and it’s hard to keep up with sales
- Increased Prices
Low Interest rates are likely to contribute to a seller’s market because more people can buy homes.
What is a Buyer’s Market?
A Buyer’s Market is just the opposite of a Seller’s Market. Buyer’s have the benefit of pricing and more choices.
- Homes are on the Market Longer
- Prices are Coming Down
- There is more than 6 months Inventory of Homes on the Market. Better inventory.