Lake Oswego Real Estate Weekly Market Report
An Updated Report for Single Family Detached Homes in Lake Oswego
The median list price in Lake Oswego, OR this last week is at $569,900. This is down from last week of $584,900. The per square foot asking price stays put at $198 per square foot. 46% of listings had a price decrease and 21% reset their DOM (Days On Market) by re-listing. The average DOM was down to 230 days, 2 days more than the prior week.
Median home specs are as follows; 3058 sq foot home with 4 beds, 3 baths on a 1/4 to 1/2 acre lot.
15 new single family detached homes in the Lake Oswego real estate market this week. This brings the active listings to a total (as of the 28th of March) of 384.
The most expensive 25% of listings have a median home price of $1,192, 000. The median specs for these homes are 13years old with 4258 sq ft, 4 bedroom and 3.5 baths on lesss than a 1/2 acre lot. There are no new listings in this range of Lake Oswego real estate so the total stays at 94. The Lake Oswego homes for sale in this range are on the market for an average of 294 days.
While the lease expensive 25% of listings have a median price of $299,950 and have an average DOM of 183. This range of Lake Oswego homes for sale are on average of 40 years old on just under 10,000 sq ft lot, 1767 sq foot homes with 3 beds and 2 baths. Seven new listings came up for sale bringing the total to 95 in this range.
- Data from Ticor Title – Lake Oswego.
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Rich Peralta is a real estate professional in the Portland Metro Area, Lake Oswego and West Linn Real Estate.
He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com
Contact him for more information on Portland Real Estateand Lake Oswego Real Estate!
Originally posted on West Linn Real Estate.
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