Lake Oswego Real Estate This Week Stats Part 2

As promised yesterday, I am posting This Week Stats Part 2 for Lake Oswego zip code 97034.

Zip code 97034 real estate, represents the higher price range in our Lake Oswego real estate market.  Houses in this zip are almost twice as much as the houses in 97035 and easily command a jumbo loan ti purchase your dream him in 97034,

Days on the market are longer and increasing, again most likely a seasonal stat.  I have heard it said if the high-end price range is selling, then all the prices are selling.  Likewise, if the high-end sits and doesn’t sell, the lower prices will also sit and not sell.  At the start of 2018, I will post all stats to see how all the price ranges fared in 2017.

Prices have leveled a bit in this zip code, but again we are still in a seller’s market and as soon as the holidays are over, even though there will be more inventory coming up for sale, prices will once again increase due to our inventory of houses to sell.

Last month in Lake Oswego, 48 new properties went on the market with a median price of $676,950.

There are currently 206 properties available in Lake Oswego with a median price of $844,450. These properties have been on the market for an average of 110 days.

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Thinking of Selling Your Lake Oswego Home?

Interest rates are still low and there is still a huge pool of buyer demand. Buyers are ready and willing to purchase your home. Call me at 503-804-9685 if you are thinking of making a move.

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.

Having worked in Lake Oswego as a Real Estate Broker since 1978 and lived in Lake Oswego since 1988, I know all the neighborhoods. 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 2008-2017. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

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