August 2007 Market Activity

by Mark Miller, Lake Oswego, Oregon Realtor®

Lake Oswego - West Linn Market Area
From RMLS published data

For the Month of August

Active Listings: 1037
New Listings: 326
Pending Sales: 103
Pending Sales 2007 vs. 2006: -34.4%
Closed Sales: 128
Average Sales Price: $559,100

Year to Date
Closed Sales: 1048
Average Sales Price: $559,200
Average Appreciation: 6.3%*

*comparing the last 12 months (9/1/06 - 8/31/07) with the 12 months before (9/1/05 - 8/31/06)