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Once again in our Portland metro real estate market, we are finding ourselves in yet another sellers’ market.  If you are still on the fence about selling your home, now is still a good time.  Prices are still increasing and in fact have increased by 3.6%.

Granted the appreciation level has slowed down.  Lake Oswego saw only 2.8% price appreciation within the last 12 months and pending sales in Lake Oswego/West Linn are down by -15.6% ytd. All in all, still a good time to buy and still a good time to sell. If you are waiting to do either, don’t wait too long!bettyjung.com

However, some agents are sweating low appraisals on listings and are receiving them, but there are still multiple offers in some areas and in certain price ranges.  Right now houses under $500,000 seem to be “hot”.  Investors buying multi-family properties are also facing multiple offers and well over list price offers are being accepted.

While listings are increasing, we still are not at a normal real estate market.  5-6 months of inventory is needed to be at what is considered “normal”.  Lake Oswego/West Linn currently has 2.9 months of inventory, a higher level than the Portland metro area at 2.2 months, but well below a normal market too. Again, if inventory of houses for sale does not increase, prices will continue to increase too as we have seen; albeit, not at a high level of appreciation as in the past however.  But summer is coming, and while most think that is a busy time, it is not.  There are weddings, graduations, vacations, etc etc which does slow down the market specifically in June. So if you are a buyer, June might reward you with making a good purchase.

bettyjung.com

April Residential Highlights

The Portland metro area saw mostly gains this April, with new listings leading the way.

There were 4,210 new listings, a 5.5% increase over April 2018 (3,990) and a 20.1% increase over the 3,504 offered last month in March 2019. This was the strongest April for new listings in the area since 2010, when 4,713 were offered.

Pending Sales

Pending sales, at 3,102 in April, increased 3.1% over April 2018 (3,008) and 13.3% over March 201 (2,738).

Closed Sales

There were 2,409 closings in the region in April, a 10.4% increase over March 2019 (2,183) but a decrease of 4.5% from the 2,523 closings recorded last year in April 2018.

Days On The Market

Total market time decreased in April to 53 days, with inventory holding steady at 2.2 months. There were 5,400 active residential listings in the Portland metro area in April.

Average And Median Sale Prices

Comparing 2019 to 2018 through April, the average sale price has increased 0.3% from $444,600 to
$445,900. In the same comparison, the median sale price has increased 1.2% from $395,000 to $399,600.

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  Or check out my 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.

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! 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 2008-2019. 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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It has been some time since I have posted “This Week Stats”.  For previous posts, you can view them here.

Here are the stats for Lake Oswego Zip Code 97035.  If you are interested in another zip code, neighborhood or area, please let me know and I would be happy to provide you that information.

Lake Oswego This Week Stats Zip Code 97035

bettyjung.com bettyjung.com bettyjung.com

Summary:

It is still a sellers’ market throughout Lake Oswego but days on the market have increased.  The higher the price, the longer the market time.

The median list price is at $799,950 and 39% of those properties currently on the market have had a price reduction.  In addition, 18% of those that were on the market relisted their homes when it did not sell.

By the way, the most expensive home currently on the market in zip code 97035 is $5,495,000.  If you want to view it, give me a call.

Source: First American Title Company and Altos Research

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  Or check out my 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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Lake Oswego Real Estate RMLS™ Market Action Report March 2019

“Yes Virginia” there is a sellers’ market in the Portland metro area.  And, we have had a sellers’ market going back several years now. Here is what happened in our Portland metro real estate market from our RMLS™ ending the first quarter of 2019!

March Residential Highlights

March brought some gains to the Portland metro area, but all measures were cooler than last year in March 2018.

Listings

There were 3,504 new listings, a 43.4% increase over February 2019 (2,444) but new listings fell 3.9% short of the 3,648 new listings offered last year in March 2018.

Pending Sales

Pending sales (2,738) ended 5.4% below the 2,894 offers accepted last year in March 2018 but rose 24.0% over the 2,208 offers accepted last month in February 2019.

Closed Sales

Closed sales, at 2,183 in March, fared similarly, ending 7.9% below the 2,371 closings recorded in March
2018 but rising 26.5% from last month in February 2019 when 1,726 closings were recorded.

Inventory of Houses for Salebettyjung.com

Inventory decreased to 2.2 months in March, with total market time decreasing to 68 days. There were 4,808 active residential listings on the market in the Portland metro area this March.

Average and Median Sale Prices

Comparing the average price of homes sold in the twelve months ending March 31st of this year ($452,700) with the average price of homes in the twelve months ending March 2018 ($434,800) shows an increase of 4.1%. In the same comparison, the median has increased 3.9% from $385,000 to
$400,000.

Lake Oswego Real Estate Market

Our Lake Oswego Real Estate market had low appreciation this quarter and only increased slightly. The average price % change for Lake Oswego/West Linn was only 2.2%. There were other areas in our local Portland real estate market that saw similar appreciation rates and even lower, and one area in particular, had no appreciation during this First Quarter 2019.

I will write a different blog post just about the appreciation rates for our Portland metro area, first quarter 2019, at another time soon.

However, things are certainly not negative as we are STILL seeing multiple offers, prices are still increasing, and we still have low interest rates. The multiple offers are not as wide-spread as in year’s past, but please buyers, get pre approved.  Know that you will be in competition with other offers and you really, really need to come up in price considerably if you want that property.

Get Pre-Approved

After all this time, I have written about it constantly, and you see it in the media, get pre approved!!  If you saw the property of your dreams today, you could not purchase it without being pre approved and having a pre approval letter in your hand BEFORE you make an offer.  As agents, we are not presenting offers if you do not have a pre approval letter.  Sellers don’t even want us to show their homes unless you are pre approved, and rightfully so.  We are very serious when we request you go through the pre approval process.

Lake Oswego Highlights

It took 94 days to sell a home during the First Quarter 2019 in West Linn/Lake Oswego.  Much higher than for the over-all Portland metro real estate market, which was 68 days.  The West Linn/Lake Oswego had more houses on the market for sale too and the inventory level was 3 months for the end of the first quarter.  Portland as noted above has 2.2 months’ inventory.

However, even at that level of inventory, the West Linn/Lake Oswego market is still also a sellers’ real estate market. When you look at the number of homes currently for sale in West Linn/Lake Oswego, there are only 326 active listings for sale, a relatively low number for both areas.

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  Or check out my 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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

The latest stats were published yesterday from RMLS™ for February 2019.  We had some crazy weather this past month, and I don’t know how much that affected our Portland metro real estate market, but it usually does.

Instead of inventory increasing going into the busy Spring buying/selling real estate season, it is once again trending downward.  Inventory dropped, prices increased and days on the market is hovering around 75 days to sell a home.  The 75 days on the market is a clear sign that real estate continues its slow-down. Last year, the days on the market were 69 days as a comparison to this year.

Houses in some areas are still selling quickly and once again there are still multiple offers being seen.  This is not the trend throughout the entire Portland metro area, however. We are still in a sellers’ real estate market and nowhere near a balanced market, favoring both buyers and sellers.  If you are still waiting for a drop in prices, you may be waiting for quite a while, and they may never drop to levels where you hope they will.  Rates are historically low, and now is still a great time to purchase a home.

If you are wanting to sell, you most likely have seen a lot of equity in your home by now and this is a great opportunity for you to purchase a new home.

February Residential Highlights

Activity in Portland was mixed this February, but some gains were seen compared with last month.bettyjung.com

Closed Sales

Closed sales, at 1,726, rose 19.0% ahead of the 1,451 closings recorded last month in January 2019, but fell 4.4% short of the 1,806 closings recorded last year in February 2018.

Pending Sales

Pending sales (2,208) fared similarly, ending 5.5% under the 2,337 offers accepted in February 2018 but rising 8.0% over the 2,045 pending sales from January 2019.

New Listingsbettyjung.com

New listings, at 2,444, fell 3.4% short of February 2018 (2,530) and 19.8% short of January 2019 (3,048).
This was the coolest February for new listings in the Portland metro area since 2014, when 2,354 were put on the market.

Days on the Market

Total market time decreased by one day in February to end at 75 days. During the same period, inventory decreased to 2.7 months. There were 4,579 active residential listings in the Portland metro area
in February.

Average and Median Sale Pricesbettyjung.com

Comparing the average price of homes sold in the twelve months ending February 28th of this year ($452,100) with the average price of homes in the twelve months ending February 2018 ($432,200) shows an increase of 4.6%. In the same comparison, the median has increased 4.4% from $383,000 to
$400,000.

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  Or check out my 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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

RMLS™ MARKET ACTION REPORT JANUARY 2019

January Residential Highlights

New Listings

The Portland area saw an uptick of new listings to begin the year this January. There were 3,048 new listings, a 22.6% increase over January 2018 (2,486) and more than double the 1,255 new listings offered
last month in December 2018. The prior January that had more listings was in 2011, when 3,128 were
offered. There are reports indicating we have not had this many houses for sale in 7 years. Inventory is definitely creeping up, and Spring is just around the corner when Sellers really start putting their homes on the market for sale.bettyjung.com

Pending Sales

Pending sales, at 2,045, decreased 11.5% from January 2018 (2,311) but surged 27.9% ahead of the 1,599 offers that were accepted last month in December 2018..  Fewer and fewer multiple offers are being seen.  However, will Spring have a resurgence of those kind of offers.

Closed Sales

Closed sales, at 1,451, ended 10.9% cooler than last year in January 2018 (1,628) and 21.4% cooler than last month in December 2018 (1,846).

Inventory & Days On Market

Inventory rose to 3.3 months in January, with total market time rising to 76 days.  Days on the market has increased.  The days of hitting the market and selling instantly are over.  Hopefully, sellers are now in step with what is happening in our local real estate market in the Portland metro area.

Average and Median Sale Pricesbettyjung.com

Comparing the average price of homes sold in the twelve months ending January 31st of this year ($452,200) with the average price of homes in the twelve months ending January 2018 ($430,000)
shows an increase of 5.2%.

In the same comparison, the median has increased 5.3% from $380,000 to $400,000.

Lockbox Activity Decreases

I don’t normally post this statistic regarding lockbox activity – ie lockboxes that were opened for bettyjung.comshowings.  But, it indicates how weather affects selling real estate in the Pacific NW, particularly in the Portland metro area.  We had a false snowmageddon and I guess everyone decided to stay home and eat their kale (inside joke for Portlanders!).  They decided to stay home and not look at houses.  We get this stat weekly. This one covers February 4-10 and in fact, the following week was when we were expecting the worst of the snow.  Will post that stat next time to see if it was an even slower time.

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Here is another post for sold stats in one of Lake Oswego’s elementary schools.

These are the real estate stats for single-family, detached homes in the Westridge Elementary school district for 2017 vs. 2018.

If you are new to Lake Oswego, here is the link to Westridge Elementary School. This elementary school is bettyjung.comlocated at: 3400 Royce Way, Lake Oswego, OR 97034

Westridge Elementary School Sold Stats

Stats for 2017

# Houses Sold = 127

Average Sq. Ft. Sold = 3304 sq.  ft.

Average # of Days On The Market = 67 Days

Average Sold Price = $927,208

% of Original List Price to Sales Price = 96.74%

Stats for 2018

# Houses Sold = 157

Average Sq. Ft. Sold = 3403 sq. ft.

Average # Days On The Market = 91

Average Sold Sq. Ft. $ = $290.

Average Sold Price: $985,206.

% of Original List Price to Sales Price = 91.52%

Summary:

Definitely a popular elementary school.  More homes sold in 2018, at a higher prices, but days on the market increased from 2017.  In addition, it appears that buyers got offers accepted lower than their original list price, compared to 2017, as houses sold at 91.52% of their original list price in 2018.

Are you currently looking for a home in the Westridge Elementary School District? There are currently 35 houses for sale in the Westridge Elementary School District.  You can view them here.

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

This is my third post about the stats for an elementary school within the Lake Oswego School District. Today, I am posting/comparing stats for 2017 vs. 2018 for Hallinan Elementary School.

If you are new to Lake Oswego, here is the link to Hallinan Elementary School. This elementary school is bettyjung.comlocated at: 16800 Hawthorne Dr., Lake Oswego, OR. 97034

Hallinan Elementary School Stats

Stats for 2017

# Houses Sold = 119

Average Sq. Ft. Sold = 3089 sq. ft.

Average # of Days On The Market = 96

Average Sold Sq. Ft. $ = $269

Avg. Sold Price = $830,327

% of Original List Price to Sales Price = 96.3%

Stats for 2018

# Houses Sold = 142

Average Sq. Ft. Sold = 2916 sq. ft.

Average # Days On The Market = 59

Average Sold Sq. Ft. $ = $269

Average Sold Price = $785,446.

% of Original List Price to Sales Price = 95.86%

Summary:

More houses in this school district were sold in 2018 vs. 2017.  Houses took quite a bit less time on the market to sell in 2018, sales price dropped in 2018, but pretty much all the other stats are similar for both years.

Are you currently looking for a home in the Hallinan School District?  There are currently 29 houses for sale in the Hallinan School District and you can view them here (limited # of views). 

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Every year I say that I will post stats for each of the elementary schools in Lake Oswego, and each year I get side-tracked. Therefore, I am trying to start the year off fulfilling my promise.  I will do a different elementary school each week.

This is now the second elementary school highlighted.  The first was Forest Hills Elementary School. Here are the real estate stats for single-family, detached homes in the Oak Creek Elementary school district for 2017 vs. 2018.

If you are new to Lake Oswego, here is the link to Oak Creek Elementary . This elementary school is bettyjung.comlocated at: 55 Kingsgate Road, Lake Oswego 97035. 

Oak Creek Elementary School Stats for 2017

Stats for 2017

# Houses Sold = 99

Average Sq. Ft. Sold = 2882 sq.  ft.

Average # of Days On The Market = 45

Average Sold Price = $684,218

Average Sold Sq. Ft. $ = $237

% of Original List Price to Sales Price = 96.2%

Stats for 2018

# Houses Sold = 84

Average Sq. Ft. Sold = 2940

Average # Days On The Market = 74

Average Sold Price = $724,872

Average Sold Sq. Ft. $ = $247

% of Original List Price to Sales Price = 97.24%

Summary:

What a difference a year makes.  There were far fewer houses that sold in the Oak Creek elementary school district in 2018 than in 2017.  In addition, the # of days on the market increased = a slower market. Houses also sold closer to the original asking price in 2018 than they did in 2017. Prices were higher and continued to increase in 2018 as well.  All this has been very typical to what we have been seeing across the board in our Portland metro real estate market.

Are you currently looking for a home in the Oak Creek Elementary School District?  There are currently 10 houses for sale and you can view them here (limited # of views). 

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Every year I say that I will post stats for each of the elementary schools in Lake Oswego, and each year I get side-tracked. Therefore, I am trying to start the year off fulfilling my promise.  I will do a different elementary school each week.

To start, here are the real estate stats for single-family, detached homes in Forest Hills Elementary School district for 2017 vs. 2018.

If you are new to the Lake Oswego area, here is the link to Forest Hills Elementary School.  This elementary school is located at: 1133 Andrews RoadLake Oswego, OR 97034

Forest Hills Elementary School Real Estate Stats 2017 vs. 2018

Stats for 2017

# Houses Sold = 135

Average Sq. Ft. Sold = 3348 sq.  ft.

Average # of Days On The Market = 89

Average Sold Price = $1,251,813.

Average Sold Sq. Ft. $ = $363.

% of Original List Price to Sales Price = 94.2%

Stats for 2018

bettyjung.com

# Houses Sold = 136

Average Sq. Ft. Sold = 3329 sq. ft.

Average # of Days On The Market = 96

Average Sold Price = $1,133,092

Average Sold Sq. Ft. $ = $350.

% of Original List Price to Sales Price = 96.13%

Summary:

As noted in other posts, prices are still increasing due to our low inventory of houses for sale and days on the market are also increasing.  Houses are taking longer to sell.  Surprisingly, when the market was “hotter” last year, offers in the Forest Hills Elementary school area that were accepted, were 94.2% of the original list price.  Those buyers in 2017, made lowers offers and purchased their homes for less than in 2018. Also, almost the same # of houses sold in 2017 than did in 2018.

Want more information about Forest Hills Elementary School or the area?  I would be happy to provide any information for you.

Houses For Sale Forest Hills Elementary School District

Are you looking for a home in the Forest Hills Elementary School District?  There are currently 39 houses for sale and you can view them here. (Limited # of views).

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

The year-end stats were published this week along with our December 2018 RMLS Market Action Report.

Portland Metro Average Price Changes Year To Date 2018

Here are the year-to-date average prices and % of increase for each Portland metro area in 2018:

  • North Portland = $419,900 = 4.3%
  • NE Portland = $469,300 = 4%
  • SE Portland = $419,100 = 5.9%
  • Gresham/Troutdale = $353,200 = 7.7%
  • Milwaukie/Clackamas = $428,800 = 4.6%
  • Oregon City/Canby = $420,900 = 7.1%
  • Lake Oswego/West Linn = $676,200 = 0.6%
  • West Portland = $612,700 = 3.8%
  • NW Washington County = $539,200 = 2.5%
  • Beaverton/Aloha = $393,900 = 8.6%
  • Tigard/Wilsonville = $462,500 = 6.3%
  • Hillsboro/Forest Grove = $394,700 = 5.9%
  • Mt. Hood = $321,000 = 5.2%
  • Columbia County = $297,000 = 7.8%
  • Yamhill County = $366,500 = 10.1%

I will be posting more stats for different school districts Lake Oswego in upcoming posts. Check back.

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are are still low and there is still 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.

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.

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! 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 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

 

 

Contact Betty Jung

Betty Jung, Broker
REALTOR®
CRS, GRI, ABR, SRES, CNHSS

MORE Realty, Inc.
14945 SW Sequoia Parkway, #150
Portland, OR. 97224

503-804-9685 Cell

or email:betty@bettyjung.com

"Selling Real Estate Since 1978. There Is No Substitute For Experience!"

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(c) Betty Jung 2008-2019.

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