Realty Times - Lake Oswego, Oregon Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Oregon > Lake Oswego

Market Conditions Summary for Lake Oswego, Oregon

Reported by

Gary H. Brothers,Broker/Owner
as of 12/1/2008:

Our data includes WATERFRONT homes located throughout the Portland, Oregon metro area which includes Lake Oswego and the smaller cities and towns along the Willamette River drainage as well as the Clackamas,Salmon and Sandy Rivers that run from Mt.... MORE->
About Gary H. Brothers,Broker/Owner

Reported by

The Quintessential Team
as of 11/24/2008:

The Portland Market is showing definite signs of being a Buyer's Market. A balanced market between buyers & sellers is about 5-6 months of inventory. Currently we are at 12.8 months. Some areas or spot communities may be 10 months or 4 months and... MORE->

Reported by

Kevin & Jacquie Begemann
as of 11/21/2008:

Lake Oswego and West Linn appreciation rate for Lake Oswego and West Linn appreciation rate for October was 3.6% down from Septembers 5.4%. Appreciation rates are calculated for a 12 month period, 2007 through same month 2008 and are tabulated by... MORE->
About Kevin & Jacquie Begemann

Reported by

Salvador Del Cid
as of 11/17/2008:

Year-to-date, the average sales price is $550,500 and the median sales price of a home is $453,700. From First Addition to Summit Ridge to Sexton Mountain and Fox Hills, homes in Lake Oswego are selling at a relatively quick pace. Right now,... MORE->
About Salvador Del Cid

Reported by

Tony & Libby Kelly, MBA, M.Ed.
as of 11/14/2008:

Lake Oswego Review Previous Month's Average Sales Price: $526,900. Year-to-Date Average Sales Price & Appreciation: $550,500, 3.6%. October Residential Highlights Market Activity continues to be on the decline when compared... MORE->
About Tony & Libby Kelly, MBA, M.Ed.

Reported by

Eric Garland
as of 10/15/2008:

5.4% appreciation over past 12 months - Days On Market is averaging... MORE->
About Eric Garland

Reported by

Helen Hoyt
as of 10/6/2008:

Lake Oswego actually went up 5.4% last year, which is amazing, since it was already the highest priced area in Portland! The average price for August was $560,000- the median $455,000. The lowest priced home available for sale in October 2008 was... MORE->
About Helen Hoyt

Reported by

Roberta Nopson
as of 9/15/2008:

Lake Oswego residents are active in their community, taking great pride in the city and its unique history. It is considered one of the finest residential areas in Oregon. Average price for August 573,666 and market time just 89 days. Appreciation... MORE->
About Roberta Nopson

Reported by

Fred Montgomery
as of 9/8/2008:

July Residential Highlights July sales activity mirrored June's numbers in 2008. However, activity continues to decrease compared to the same month a year ago. Looking at July 2008 compared with June 2008, pending sales picked... MORE->

Reported by John & Priscilla DeCosta as of 8/21/2008:	July 2008 Stats For Lake Oswego-West Linn Active Listings 1222 New Listings 333 Pending Sales 90 compared to 2007 -38.8% Average Sales Price $590,800 Average Market Time 74 Days YEAR TO DATE STATS New Listings 1902 Pending... MORE-> About John & Priscilla DeCosta
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Average Current Market Rating: 1.9 (10 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.7 (10 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Oregon > Lake Oswego

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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