June 2008 Market Activity

by Mark Miller, Lake Oswego, Oregon Realtor®

Lake Oswego - West Linn Market Area
From RMLS published data

For the Month of June 2008
Active Listings: 1,222
New Listings: 333
Pending Sales: 90
Pending Sales 2008 vs. 2007: -38.8%
Closed Sales: 77
Average Sales Price: $590,800

Year to Date
Closed Sales: 445
Average Sales Price: $553,800
Percent Change: 4.3%*

*% Change is based on a comparison of the rolling average sale price for the last 12 months (7/1/07-6/30/08) with 12 months before (7/1/06-6/30/07).