December 2007 Market Activity

by Mark Miller, Lake Oswego, Oregon Realtor®

Lake Oswego - West Linn Market Area
From RMLS published data

For the Month of December 2007
Active Listings: 762
New Listings: 100
Pending Sales: 71
Pending Sales 2007 vs. 2006: -5.3%
Closed Sales: 84
Average Sales Price: $667,000

Year to Date
Closed Sales: 1,434
Average Sales Price: $567,900
Average Appreciation: 7.8%*

*comparing the last 12 months (01/1/07 – 12/31/07) with the 12 months before (01/1/06 – 12/31/06)