Your Local Market Report
Lake Oswego, OR
Single-Family Homes
WFG National Title Company | oregon.wfgnationaltitle.com
Lake Oswego, OR
Thu Apr 18 2024
This week the median list price for Lake Oswego, OR is $1,690,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 113.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $1,690,000 | |
| Median Price of New Listings | $1,050,000 | |
| Per Square Foot | $488 | |
| Average Days on Market | 117 | |
| Median Days on Market | 42 | |
| Price Decreased | 30% | |
| Price Increased | 2% | |
| Relisted | 15% | |
| Inventory | 113 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,948,950 | 4,929 | 0.5 - 1 acre | 4 | 4.5 | 19 | 2 | 1 | 49 |
| $2,390,000 | 4,090 | 0.25 - 0.5 acre | 4 | 3.5 | 7 | 2 | 0 | 87 |
| $1,299,450 | 3,230 | 0.25 - 0.5 acre | 4 | 3 | 47 | 7 | 2 | 21 |
| $829,900 | 2,445 | 0.25 - 0.5 acre | 4 | 2.5 | 53 | 9 | 4 | 28 |