November 2006 Market Activity

by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego / West Linn Area
from RMLS published data

For the Month of November
Active Listings: 715
New Listings: 190
Pending Sales: 97
Pending Sales 2006 vs. 2005: -4.0%
Closed Sales: 115
Average Sales Price: $480,400

Year to Date
Closed Sales: 1,534
Average Sales Price: $533,000
Appreciation: 18.2%*

*comparing the "average sales price" of the recent 12 months (12/1/05 – 11/30/06) with the 12 months before (12/1/04 – 11/30/05)