December 2006 Market Activity

by Mark Miller, Lake Oswego, Oregon Realtor®

Lake Oswego / West Linn Area
From RMLS published data

For the Month of December
Active Listings: 623
New Listings: 110
Pending Sales: 75
Pending Sales 2006 vs. 2005: -21.9%
Closed Sales: 85
Average Sales Price: $454,100

Year to Date
Closed Sales: 1,560
Average Sales Price: $528,100
Average Appreciation: 16.7%*

*comparing the last 12 months (01/1/06 – 12/31/06) with the 12 months before (01/1/05 – 12/31/05)