News & Notes

Here are some Market Notes for You~

According to the RMLS Market Action Report for June 2012 fo the Portland Metro Area “Every measure of real estate activity is positive when comparing June 2012 with June 2011”:

  • There were 21.7% more accepted offers,
  • There was an increase of 14.6% ,
  • The Median Sales Price rose 8.6%,
  • ***AND… This is the third month in a row that the Median Sales Price has risen.

The combined area of Lake Oswego and West Linn  reported:

  • 627 Active Listings
  • 225 New Listings
  • 146 Pending Sales
  • 160 Closed Sales
  • An average Sale Price of $422,500.
  • Average Time on the Market: 135 Days