Lakefront Homes Hold Steady While Condo Market Cools At Lake Of The Ozarks

The Lake of the Ozarks real estate market showed mixed trends in August. Waterfront home sales dropped slightly to 74 but prices rose over 9% to a median of $617,450, with homes selling faster and inventory increasing. Condo sales declined to 59, with longer market times and 62% of listings reducing prices. Year-to-date, lakefront home sales rose 18% and condo sales 32%, making fall market trends important to watch.