Lake Oswego Real Estate Weekly Market Report – June 20th 2011
An Updated Report for Lake Oswego Real Estate for Single Family Detached Homes for Sale from June 20th, 2011
The median list price in Lake Oswego, OR this last week was $566,500. The per square foot asking price came to $202 per square foot. 38% of listings had a price decrease and 11% reset their DOM (Days On Market) by re-listing. The average DOM was down to 190 days..
Median home specs are as follows; 2916 sq foot home with 4 beds, 2.5 baths on a 1/4 to 1/2 acre lot. 13 new single family detached homes for sale in the Lake Oswego real estate market this week while 13 homes were absorbed. This brings the active listings to a total of 402.
The most expensive 25% of listings have a median home price of $1,195, 000. The median specs for these homes are 20 years old with 4212 sq ft, 4 bedroom and 3 baths on lesss than a 1/2 acre lot. There were 4 new listings in this range of Lake Oswego real estate with one being absorbed so the total to 100. The Lake Oswego homes for sale in this range are on the market for an average of 256 days.
While the lease expensive 25% of listings have a median price of $299,900 and have an average DOM of 162. This range of Lake Oswego homes for sale are on average of 44 years old on just under 10,000 sq ft lot, 1756 sq foot homes with 3 beds and 2 baths. Five new listings came up for sale with 4 being absorbed bringing the total to 101 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 LinnReal 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, Lake Oswego & West Linn Real Estate!
Originally posted on West Linn Real Estate.
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