Photo from Microsoft Office

Here are MLS stats for the First Quarter of 2007 vs. the First Quarter of 2008 in Lake Oswego (ML 147), Tigard (ML 151), and SW Portland (ML 148). This information does not include condos, townhouses or attached homes but only single-family residential data.

There were some dips in some spots and some increases in others.  It will be interesting to see what the differences will be in the 2nd Quarter of 2008.  I will be reporting on that quarter as soon as the data is available.

LAKE OSWEGO (147) 2007 vs. 2008 Stats:

• # of houses sold = 116 (2007) vs. 88 (2008)

• Houses sold at 94.76% (2007) vs. 92.39% (2008) of the original list price at time of sale

• Highest price house sold = $2,320,000 (2007) vs. $3,150,000 (2008)

• Lowest price house sold = $290,000 (2007) vs. $280,000 (2008)

• Average price of all houses sold = $762,386 (2007) vs. $727,981(2008)

• Average days on the market = 81 days (2007) vs. 82 (2008)

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TIGARD (151) 2007 vs. 2008 Stats:

• # of houses sold = 196 (2007) vs. 114 (2008)

• Houses sold at 96.46% (2007) vs. 95.21% (2008) of the original list price at time of sale.

• Highest price house sold = $875,000 (2007) vs. $807,500 (2008)

• Lowest price house sold = $230,000 (2007) vs. $222,659 (2008)

• Average price of all houses sold = $389,7560 (2007) vs. $391,393 (2008)

• Average days on the market = 75 (2007) vs. 82 (2008)

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SW PORTLAND (148) 2007 vs. 2008 Stats:

• # of houses sold = 328 (2007) vs. 265 (2008)

• Houses sold at 94.85% (2007) vs. 92.32% (2008) of the original list price at time of sale.

• Highest price house sold = $3,125,000 (2007) vs. $2,710,000 (2008)

• Lowest price house sold = $204,500 (2007) vs. $210,000 (2008)

• Average price of all houses sold = $552,282 (2007) vs. $530,386 (2008)

• Average days on the market = 61 (2007) vs. 84 (2008)

 

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