Lake Oswego, Oregon - Market Trend 4/27/10

By
Managing Real Estate Broker with Alta Realty Company, LLC RB 21961

Lake Oswego, Oregon

Lake Oswego Map

City of Lake Oswego City Website Link

Lake Oswego

Location:
Located in the northwestern corner of Clackamas County, Lake Oswego is ideally situated close to Oregon's major metropolitan areas--just eight miles south of downtown Portland and 45 minutes north of the state capitol in Salem.

City

Demographics:
Estimated Population in July 2008: 36,926.
Estimated median household income in 2008: $90,901
Dec. 2009 cost of living index in Lake Oswego: 105.7 (more than average, U.S. average is 100)

Rowing

Market Trend Report:
There were 433 detached residential homes sold in the last 12 months.
The average sales price was $596,634.
The average days on market was 193.

There are currently 472 detached residential homes listed for sale.
Based on the absorption rate of the last 12 months there is approximately 13.08 months of inventory.

See the chart below of my research results for additional details:

Lake Oswego Chart 

For more information about Lake Oswego, Oregon or any of the other local markets I provide help in, feel free to contact me.

Best Regards,

Donn Rasch
Real Estate Broker, CDPE
State Licensed Appraiser
RE/MAX Equity Group, Inc.
9200 SE Sunnybrook Blvd., #100
Clackamas, Oregon 97015 
503-658-5000
http://equitygroup.com/drasch
Donn's Real Estate Blog

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