Branson Real Estate Market during COVID-19
How has the COVID-19 pandemic affected Homes for Sale in Branson MO? It doesn’t seem to have affected it at all! Homes are selling very quickly. Inventory is low and it’s hard to find homes for people that are looking.
Some popular style homes in the Branson area are Condos and Cabins/Chalets. They are numerous due to the fact that this is a vacation destination for over eight million visitors every year. Many people buy these homes for personal use when they come to visit – but many others buy them to rent out on a nightly or weekly basis.
Condos for Sale in Branson MO
From January 1, 2020 through June 30, 2020, there were 347 condos closed with an average sales price of $145,114. With the average days on the market of 84, they were sold with an average price per square foot of $111.32. Condos for Sale in Branson MO come in all sizes and price ranges from well under $100,000 to $750,000 and more. There are currently 264 condos available for sale in the Branson area of Stone and Taney counties. Many of these beautiful condos are on one of Branson’s three lakes. Table Rock Lake is a very popular place to live.
Let’s compare this to the same time frame in 2019. The first half of 2019 saw 388 units closed, with an average sales price of $136,934. This reflects a healthy price increase of 6% from the same time period in 2019.
Branson MO Cabins for sale
Cabins and Chalets in Branson are also selling well. During the first half of 2020, there were 39 cabins/chalets sold with an average sales price of $234,607. This reflects an average price per square foot of $138.79 with 99 days on the market. You can buy a cabin or chalet in Stone or Taney counties for under $50,000 or easily spend $750,000. Which lifestyle is your style? There are currently 43 cabins/chalets available for sale in the Branson area. This low inventory means that we will have to search deeper to find what you’re looking for. And, unfortunately, it may take longer to find it.
2019 saw 53 cabins closed with an average sales price of $238,64. This reflects more cabins sold than in the first half of 2020. The average price per square foot was $115.96 with 111 days on the market. You can find everything from a fishing cabin to a large luxury home loosely called a cabin only because it’s constructed of wood and stone. But, they certainly are beautiful.
I’m an Exclusive Buyer’s Agent in the Branson area and would love to help you find your dream home! It’s a great place to retire or have a vacation home that’s all yours anytime you want to visit. The shows and entertainment are awesome and nature activities are endless with walking/hiking trails, parks and outdoor activities. Table Rock Lake, Lake Taneycomo and Bull Shoals lakes provide all the fishing, boating and water fun you can imagine. We welcome you to the Ozarks!! Branson is open again from COVID-19 and ready to entertain you.