Monthly update on the Lake Oswego Oregon real estate market for March 2011

The real estate market in Lake Oswego Oregon finished February with 40 closed sales, which is down from from the 47 & 44 closed sales recorded during January and last December respectively.  Of the 40 closed sales in February, 19 were distressed properties (foreclosures/short sales) representing 48% of the closed sales for the month.  There were 12 closed sales of homes valued at $500K or more during February and a total of 44 over the three month period of December – February.

To see the remainder of this market update along with an accompanying chart, click on the above link back to our Zillow profile page and then click on the link for our blog.  We welcome your questions or comments!

  • March 30 2011 - Lake Oswego
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