Monthly Archives: April 2011

Lake Oswego Real Estate | Easter Events in Lake Oswego

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Easter events you just shouldn’t miss:

Golf Course Egg Blast
Where: Public Golf Course, 17525 Stafford Road
Sunday, April 24, 2011

Hunting for eggs isn’t just for kids! Play the course and look for the eggs containing special prizes. The hunt begins at noon, and tee times are on a first come, first serve basis. Call up to seven days ahead to reserve a tee time for Sunday, April 24.

For information, contact the Lake Oswego Public Golf Course at 503-636-8228

Lake Oswego Easter Egg Hunt   - Saturday, April 23, 2011 at 9 am sharp – rain or shine.
Kids Egg Hunt, West end Building, Lake Oswego, OR. Phone: 503-675-2549. Come for a delightful morning of fun and surprises! Bring your favorite basket and race for treats hidden inside plastic eggs. There may even be a special appearance from a big bunny!. This fantastic event is guaranteed fun. Children 8 and under only please. For more information on this calendar Jane McGarvin, Dept. City Recorder, 503-635-0236

Lake Oswego Real Estate | Portland Metro March 2011 Market Action Report

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While sales activity was down in March 2011 compared with March 2010, activity increased compared to the previous month of February 2011. Additionally, inventory in the Portland metro region was 0.7 months lower than March 2010, reaching the lowest inventory level for the area since May 2010. Closed sales were down 10.2% in March 2011 compared to March 2010. Pending sales were down 16.2%, and new listings dropped 38.7%. See residential highlights table below. Comparing February 2011 with March 2011, closed sales jumped from 1,074 to 1,615 (50.4%). Pending sales also increased from 1,592 to 2,014 (26.5%). New listings grew from 2,883 to 3,056 (6%). At the month’s rate of sales, the 11,458 active residential listings would last about 7.1 months.

Sale Prices

Average sale price for March 2011 declined 6.8% compared to March 2010. Median sale price also fell 10%. See residential highlights table below. Month to month, comparing February 2011 to March 2011, sale prices increased. Average sale price went up from $244,500 to $261,100 (6.8%) while median sale price also increased from $213,700 to $215,000 (0.6%).

First Quarter Report

Comparing the first quarter of Additionally, the average sale price fell 9.2% ($252,800 v. $278,300), and the median sale price dropped 9.5% ($215,000 v. $237,500).

2011 with the same period in 2010, sales activity was down. Closed sales decreased by 1.5% (3,834 v. 3,892). Pending sales went down by 11.9% (4,915 v. 5,576), and new listings fell 29.8% (9,172 v. 13,072).

Source: RMLS

 

 

 

 

Lake Oswego Real Estate | Portland Monthly: Neighborhood by the Numbers

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Lake Oswego has one of the best real estate markets for its population size. Portland Monthly issued its annual Neighborhood by the Numbers report that shows updates in the real estate market throughout the Portland Metro area. It shows real estate measurements such as average sales price, median home price change, and average days on the market. The report also shows information on schools, crime rates, demographics, and community information.

Check the report out, and find that Lake Oswego was one of a few neighborhoods with lowest median home price change.

http://www.portlandmonthlymag.com/real-estate/articles/neighborhoods-by-the-numbers/