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West Linn Real Estate Weekly Market Report – October 31th 2011

West Linn Real Estate Weekly Market Report – October 31th 2011

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An Updated Report for West Linn Real Estate for Single Family Detached Homes for Sale from October 17, 2011

The median list price in West Linn, OR this last week held on at $459,450.   The per square foot asking price was at $150 per square foot.  49% of listings had a price decrease and 12% reset their DOM (Days On Market) by re-listing.  The average DOM was at 210 days.

Median home specs are as follows; 3158 sq foot home with 4 beds, 3 baths on a 1/4 to 1/2 acre lot. There were 13 new single family detached homes for sale in the West Linn real estate market this week with 15 being absorbed.  This brings the active listings to a  total of 252.

The most expensive 25% of listings have a median home price of $900,000.  The median specs for these homes are 11 years old with 4600sq ft, 4 bedroom and 3.5 baths on a 1/2 to 1 acre lot.  One new listing hit the West Linn real estate market this week with two listing was absorbed from the West Linn real estate market bringing the total in this range to 63.  The West Linn homes for sale in this range are on the market for an average of 272 days.

While the least expensive 25% of  listings have a median price of $276,500  and have an average DOM of 182.  This range of West Linn homes for sale are on average of 33 years old on 1/4 acre lots, 1988 sq foot homes with 3 beds and 2.5 baths.  Five new listing came up for sale with 7 being absorbed by the market bringing the total West Linn homes for sale to 63 for this range.

To see the stats from last week, click here.  Data from Ticor Title – Lake Oswego.

To view West Linn real estate listings, click on the map

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin 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,  Lake Oswego or West Linn Real Estate!  

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