The number of residential homes for sale in Stone and Taney Counties reached 1187 today, compared to 1153 last week. Condos likewise reached an all time high with 445 on the market in the Branson mls area compared to 431 last week. The number of lot and land listings increased to 2005 from 1890 last week. The total of these three categories, 3637 shattered the previous high inventory mark of 3496 in August, 06. New developments continue to come on-line and higher prices are limiting the ability of investors to absorb the extra inventory. Some would argue it is a buyer’s market.
Branson West is building roads going around and behind Wal-Mart that will relieve the chronic traffic jams on the 13 south. This is great news for residents of Stone County. The road will be open next year and should open up a great deal of additional development land.
The new interchange and elimination of traffic lights promise to improve the flow of traffic into Branson from our Southern neighbors. The two traffic lights removed on the 65 will speed up traffic into and out of Branson. The merchants in the SouthTowne Center will benefit from easier access as well as additional outdoor advertising impressions from consumers and and visitors.
1161 residential, 435 condo, and 1890 land listings in the Branson mls area compared to 1153, 431, and 1850, respectively, one week ago. The total for these three categories falls just 10 properties short of the previous high of 3496 of August 30, 2006.