A Guide to Lake Oswego Real Estate and Community
Dianne,  Linda & Whitney

Brought to you by Dianne Gregoire, Linda Rossi and Whitney Gregoire, brokers with Oregon First, a professional real estate company licensed with the Oregon Real Estate Agency.

Contact: Dianne | Linda | Whitney

Subscribe by EMail

Enter your email address:



Brought to you by:

News & Notes ~ July 2017 Data

Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:

  • According to the RMLS Market Action Report for the Portland Metro Area, July, 2017:
    • There were 4,202 New Listings in July 2017 which was down 3.9% from July of 2016’s 4,372, and down 11.3% from June of 2017’s total of 4,739.
    • At 2,793, July Closed Sales were up .6% from July 2016’s 2,776, and down 12.4% from the previous month/June 2017’s total of  3,187.
    • July Pending Sales (accepted offers), at 3,040 dropped 7.9% from July of 2016’s 3,302, and 6.6% from the previous month/June 2017’s total of 3,254.
    • The Average Sale Price in July of $447,400 was up $40,300 from July 2016’s $407,100, and up from June 2017’s $440,600 by $6,800.                      
        July Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $401,100               8.9% (June $406,400)
  • NE Portland:  $497,000                   11.0% (June $462,900)
  • SE Portland:  $404,100                   9.7% (June $413,200)
  • Gresham/Troutdale:   $327,600     10.4% (June $342,900)
  • Milwaukie/Clackamas:  $423,100  12.1%(June $440,800)
  • Oregon City/Canby:   $392,800       8.2% (June $402,000)
  • Lake Oswego/West Linn: $741,100 7.8%(June $627,600)
  • West Portland:    $610,900             10.3% (June $602,900)
  • NW Washington County:$536,000 10.8%(June $514,200)
  • Beaverton/Aloha:     $380,900       10.5% (June $373,800)
  • Tigard/Wilsonville:   $440,700         5.5% (June $443,500)
  • Hillsboro/Forest Grove: $385,100  12.6% (June $337,700)

The combined areas of Lake Oswego and West Linn  for the month of July 2017 reported:

    •  481 Active Listings   
    •  254 New Listings     
    •  171 Pending Sales   
    •  160 Closed Sales  
    • Average Sale Price for July: $741,100  
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 45 Days   

 

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>