An Updated Report for Lake Oswego Real Estate for Single Family Detached Homes for Sale from April 4, 2011
The median list price in Lake Oswego, OR this last week is at $579,900. This is up from last week of $569,900. The per square foot asking price came in at $199 per square foot. 48% of listings had a price decrease and 22% reset their DOM (Days On Market) by re-listing. The average DOM was down to 228 days, 2 days less than the prior week.
Median home specs are as follows; 3085 sq foot home with 4 beds, 3 baths on a 1/4 to 1/2 acre lot. 12 new single family detached homes for sale in the Lake Oswego real estate market this week while 19 homes were absorbed. This brings the active listings to a total of 371.
The most expensive 25% of listings have a median home price of $1,197, 000. The median specs for these homes are 14 years old with 4304 sq ft, 4 bedroom and 3.5 baths on lesss than a 1/2 acre lot. There are 6 new listings in this range of Lake Oswego real estate with 1 being absorbed so the total is at 92. The Lake Oswego homes for sale in this range are on the market for an average of 297 days.
While the lease expensive 25% of listings have a median price of $299,900 and have an average DOM of 182. This range of Lake Oswego homes for sale are on average of 40 years old on just under 10,000 sq ft lot, 1794 sq foot homes with 3 beds and 2 baths. Two new listings came up for sale with 7 being absorbed bringing the total to 93 in this range.
- Data from Ticor Title – Lake Oswego.
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Rich Peralta is a real estate professional in the Portland Metro Area, Lake Oswego and West Linn Real Estate.
He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com
Contact him for more information on Portland Real Estateand Lake Oswego Real Estate!
Also posted on Lake Oswego Real Estate.
