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