Lake Oswego Real Estate What Is Selling In Westlake Neighborhood
What Is Selling In The Westlake Neighborhood?
I decided to see if that was the case in the Westlake Neighborhood of Lake Oswego – the neighborhood where I live and work.
For the first 8 months of the year — January 1 to August 31, 2015 – here is a summary of the real estate activity for detached houses in Westlake:
- There have been 28 houses in the Westlake neighborhood that have sold
- Houses sold at 99.03% of the original list price
- The average sq. ft. was 2820 sq. ft.
- Average List Price was $674,723 and average sold price was $672,921
- Houses took an average of 29 days to sell
- Average sold sq. ft. $ amount was $239
- The highest sold price was $885,000 and the lowest was $397,100 (detached houses only)
- Average # of bedrooms sold was 4 (17-4 bedrooms, 9-3 bedrooms and 2-5 bedrooms)
To summarize, the Westlake area, on average is not selling over list price. Again, it depends as to what the price is and what the specific location of the Westlake home is, as there are many homes that are selling over list price in Westlake.
Search For Real Estate
You can use this phone app to search for the home of your dreams – http://app.summarealty.com/SMAFZ
My new website is also available but it is still a work in progress – http://www.summabroker/bettyjung
Thinking of Selling Your Lake Oswego Home?
The real estate market is “hot” here in the Portland metro area and Lake Oswego. If you are thinking of buying or selling give me a call as I am ready to assist you with all your real estate needs!
Prices are increasing at a fast past in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.
MOVING TO Lake Oswego?
Want to know more about Lake Oswego, I’d love to be your buyer’s agent, please give me a call at 503-804-9685.
ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2015. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.