I’ve been working my way through the Lake Oswego neighborhoods with stats for the past three years. I will keep adding information until all the neighborhoods have been posted.
Lake Oswego Real Estate Neighborhood Stats First Addition
First Addition Neighborhood Stats
Single-family houses in the First Addition neighborhood fared better as far as % of original list price to the sold price and length of time on the Lake Oswego real estate market to sell.
Condos struggled not just in Lake Oswego but around the Portland metro area due to high inventory, foreclosures and short sales, etc. The length of time to sell a Lake Oswego condo was 338 days in 2011.
Throughout much of 2011, Lake Oswego consistently had the highest number of homes for sale compared to any other Portland real estate markets. However, at year’s end, as noted in a post the other day, inventory levels fell to what is considered a balanced real estate market favoring both buyers and sellers.
I will break down foreclosures vs. short sales in an upcoming post.
Want To Know About Your Neighborhood?
Interested in purchasing Lake Oswego real estate in First Addition or would you like to know the values in your neighborhood? Give me a call at 503-804-9685 or email me at betty(at)bettyjung.com.
ALL ABOUT…..Lake Oswego Real Estate. © Copyright 2008-2011. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of federal copyright laws.










