March 2007 Market Activity

by Mark Miller, Lake Oswego, Oregon Realtor®

Lake Oswego - West Linn Market Area
From RMLS published data

For the Month of March

Active Listings: 704
New Listings: 348
Pending Sales: 141
Pending Sales 2007 vs. 2006: -10.8%
Closed Sales: 138
Average Sales Price: $523,900

Year to Date
Closed Sales: 313
Average Sales Price: $518,900
Average Appreciation: 13.1%*

*comparing the last 12 months (4/1/06 - 3/31/07) with the 12 months before (4/1/05 - 3/31/06)