Lake Oswego Real Estate This Week Stats Condos, Townhouses And Attached

I have not posted information about the Lake Oswego condo market in quite some time.  Here are the stats for the week of February 13, for condos, townhouses and attached dwellings only.  These stats do not include single-family residential homes.

The under $300,000 condos, townhouses and attached homes sold in 69 days on the market this week, while those over $799,900 took 216 days to sell. In addition, 5% of those condos curently on the market for sale reduced their prices this past week. Correct pricing is and has always been one of the most important actions to get your property sold.  Although we are still in a great real estate market, it is still important to correctly price your condo/townhouse from the minute it comes on the market for sale.

While the Portland metro real estate market has 1.7 months of houses to sell, Lake Oswego has 2.9 months of inventory.  A normal real estate market is 5-6 months, or under 7 months, of properties for sale, but we still have low inventory and it is still a strong seller’s market here in Lake Oswego. I will post more detailed condo stats again soon.

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SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. 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.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

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