We’ve got the numbers in for 2017~ Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture just below:
- According to the RMLS Market Action Report for the Portland Metro Area, December, 2017:
- There were 1,617 New Listings in Dec 2017 which was up 13.8% from Dec of 2016’s 1,421, and down a whopping 33.1% from Nov of 2017’s total of 2,416.
- At 2,350, Dec Closed Sales were down 10.3% from Dec 2016’s 2,621, and 1.6% from the previous month/Nov 2017’s total of 2,387.
- December’s Pending Sales (accepted offers), at 1,757 was exactly the same as Dec of 2016, and decreased 25.9% from the previous month/Nov 2017’s total of 2,371.
- The Average Sale Price in December of $421,700 was up $22,400 from December 2016’s $399,300, and down from November 2017’s $425,000 by $3,300.
Neighborhoods: December’s Average Sale Price + Appreciation (last 12 months):
- North Portland: $400,500 5.9% (Nov 401,600)
- NE Portland: $430,000 8.1% (Nov 439,100)
- SE Portland: $382,200 8.7% (Nov 403,500)
- Gresham/Troutdale: $329,600 10.4% (Nov 349,900)
- Milwaukie/Clackamas: $411,500 9.1% (Nov 406,000)
- Oregon City/Canby: $402,100 7.2% (Nov 377,800)
- Lake Oswego/West Linn:$662,700 9.5% (Nov 708,000)
- West Portland: $612,700 3.2% (Nov 576,100)
- NW Washington County:$534,400 7.7% (Nov 501,200)
- Beaverton/Aloha: $363,200 9.2% (Nov 349,300)
- Tigard/Wilsonville: $435,700 7.7% (Nov 453,000)
- Hillsboro/Forest Grove: $366,800 11.0% (Nov 364,600)
LAKE OSWEGO:
The combined areas of Lake Oswego and West Linn for the month of December 2017 reported:
-
- 288 Active Listings
- 80 New Listings
- 92 Pending Sales
- 98 Closed Sales
- Average Sale Price for Dec: $662,700
- 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.
- 73 Average Days on the Market