News & Notes

Here are some Market Notes for You~

According to the just-released RMLS Market Action Report for December 2011, the combined area of Lake Oswego and West Linn  reported:

  • 601 Active Listings
  • 103 New Listings
  • 84 Pending Sales
  • 104 Closed Sales
  • An average Sale Price of $456,200.
  • Average Time on the Market: 166 Days

Also:

  • For the Year, Average Sales Price for the Portland Metro area overall fell 6.7% as compared to 2010
  • For December 2011 as compared to 2010, Closed Sales increased by 10.3%
  • and Pending Sales increased by 19.3%,
  • but there were 11.7% fewer Newly Listed residential properties

 

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