Homes for Sale Inventory Still Growing in Branson
The number of homes for sale in the Branson area, including Stone & Taney County, reached an all time high and reached the 1200 mark for the first time. Amazing growth in the number of listings in the area. As recently as July, the homes for sale were just 1080. Condos for sale increased to 454 from 445 last week, another all time high for condos on the market. Vacant land for sale increased to 2013 from 2005, another record. The total for these 3 categories, 3667, grew from last weeks all time high of 3637 by about 1% (in 1 week). That’s a 50% annual growth rate. This has been going on for a while - no end in sight. This growth in inventory could create a glut which drives prices down. To understand the market and profit from it, we need to understand the demographics, trends and long term factors. High inventory could simply be a function of high growth. . . or it could be a function of overbuilding. Lets analyze it and figure it out.