Here are some Market Notes for You~
According to the just-released RMLS Market Action Report for March 2012, the combined area of Lake Oswego and West Linn reported:
- 613 Active Listings
- 205 New Listings
- 117 Pending Sales
- 84 Closed Sales
- An average Sale Price of $373,200.
- Average Time on the Market: 152 Days
Also:
For the Portland Metro Area…………….
- March 2012: Combination of fewer new listings & more closed sales = lowest unsold inventory since June 2007
- 1st quarter 2012 as compared to 2011 shows increase of 12.2% in Closed Sales
- 1st quarter 2012 as compared to 2011 shows increase of 18.2% in Pending Sales
- 1st quarter 2012 as compared to 2011 shows decrease of 12% in New Listings
- If you compare March to the previous month of February 2012, Closed Sales grew by 34.2%,