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.
In 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:
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:
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