Oswego Lake Waterfront Property update: Lake Oswego Real Estate activity is increasing as the winter freeze wears off and buyers look around at 2014 market conditions. We certainly had more snow here at the lake then last year and the most snowfall over Christmas in a decade. Lake Oswego Lakefront property is almost always the most desirable, unless one is afraid of water or increased taxes, and the sale prices certainly reflect the appeal of living on or near Oswego Lake.
Here are details on Lake Oswego waterfront HOMES SOLD in the last month (last 30 days).
4153 Westbay Road SOLD for $1,240,000 just $109,000 less then asking.
112 Northshore Circle SOLD for $1,475,000 only $75,000 below original list price!
1100 Northshore Road SOLD for $2,550,000 just $100,000 less then asking.
All of these Lake Oswego waterfront properties are wonderful and certainly a sound investment. The median Sold price is $1,475,000…not too shabby. This works out to be an average price per square foot to be $430. The homes are predicted to appreciate at around 4.8% annually and that’s relatively conservative. The numbers look good! There are 21 active Lake Oswego waterfront listings currently on the multiple listing service and 9 Lake Oswego waterfront properties for sale are pending.
This data is compiled from the RMLS and includes only Lake Oswego waterfront homes that are lakefront.
Size of the waterfront homes currently listed FOR SALE is luxurious and large. Most have relaxing outdoor living spaces that make great use of patio space. Some Lake Oswego homes have outdoor fire pits. Why end the evening with smoars when you can start with pizza. Many landscapes have fireplaces with BBQ’s built into them. I would certainly work in an outdoor pizza oven. Homeowners can get plenty of exercise at the house with the average square footage of these fancy homes a spacious 4,856 feet.
Let’s move out of hibernation and into the great outdoors! Let us know if we can help. 503-899-2968 LO@CooperJacobs.com