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, June, 2017:
- There were 4,739 New Listings in June 2017 which was up 5.3% from June of 2016’s 4,501, and up 8% from May of 2017’s total of 4,388.
- At 3,187, June Closed Sales were up .9% from June 2016’s 3,158, and also up 10% over the previous month/May 2017’s total of 2,896.
- June Pending Sales (accepted offers), at 3,254 fell 4% from June of 2016’s 3,390, and 5.3% from the previous month/May 2017’s total of 3,435.
- The Average Sale Price in June of $440,600 was up $28,600 from June 2016’s $412,000, and showed hardly any change from May 2017’s $440,200.
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June Average Sale Price + Appreciation (last 12 months):
- North Portland: $406,400 8.4%
- NE Portland: $462,900 10.2%
- SE Portland: $413,200 10.2%
- Gresham/Troutdale: $342,900 11.6%
- Milwaukie/Clackamas: $440,800 11.1%
- Oregon City/Canby: $402,000 8.0%
- Lake Oswego/West Linn: $627,600 6.9%
- West Portland: $602,900 12.1%
- NW Washington County: $514,200 11.0%
- Beaverton/Aloha: $373,800 10.4%
- Tigard/Wilsonville: 443,500 5.7%
- Hillsboro/Forest Grove: $337,700 12.1%
The combined areas of Lake Oswego and West Linn for the month of June 2017 reported:
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- 300 New Listings
- 176 Pending Sales
- 186 Closed Sales
- Average Sale Price for June: $627,600
- 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: 71 Days
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