first addition condos

Lake Oswego Condominium Market Update for September 2015.first addition condos

The Lake Oswego condo market has been pretty active.  Lake Oswego condos for sale are a great way to get into a community of neighborhoods, but also have the lower maintenance of a condo.  There are 26 Lake Oswego condo listings marked as active in the RMLS currently. They range in price from $129,900 to $1,995,000 with an average list price of $406,342 and a median list price of $232,000. The average dollar per square foot on these is $250.

There are 32 Pending Lake Oswego condo listings in the MLS – these are the ones that are for sale, but have offers and are in escrow waiting to close. These range in price from $89,900 to $489,000 with an average list price of $203,566 and a median list price of $189,950.  The average dollar per square foot on these is $167.

Lake Oswego lakefront condosIn the last 30 days, 21 Lake Oswego condominiums for sale in the MLS have closed in escrow and are now marked as sold properties. These range in price from $92,836 to $647,000 with an average sold price of $208,518 and a median sold price of $169,000.

One of the more interesting properties that sold was a pretty great Lake Oswego waterfront condo in the complex of Edgewater Garden Court.

55 Northshore Rd. #11. This is a 2 bedroom 1910 square foot waterfront condo has amazing views across Lakeview Bay. It has a private patio which is different than other units in this complex built in 1954. It is a great place right on the water, but interestingly actually has no rights to use the private Oswego Lake. It was listed in May for $749,000 and sold for cash this month (9/1/2015) at $647,000. Units in Edgewater Garden Court don’t come up very often so it was a real treat to see this one.

For full details of all Lake Oswego condos that have sold in the last 30 days, this is a great handout:

Lake Oswego Condos that have sold 09152015

Dollar per square foot overall – The average dollar per square foot of the final sales prices of these condos is $189. The overall dollar per square foot for active Lake Oswego condo listings plus the pending, and sold units is $207.  All properties are different, but having this number is handy just as a reasonable test as to price when you are thinking about buying or selling your LO condo.

For more condo real estate details on the above info, here is a handy sheet:

Lake Oswego Condo Market


Are you interested in buying or selling a Lake Oswego Condo? Lake Oswego realtors

We are Lake Oswego Realtors and residents and look forward to showing you our favorites.  Please contact

Brian Olsen at 503-853-5506  Lake Oswego Realtors

Brian@CooperJacobsPDX.com

© 2015 Cooper Jacobs Real Estate