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Steve Thoele's Blog

By Steve Thoele | Broker in Lake Oswego, OR

Monthly update on the West Linn real estate market for May 2012

The West Linn real estate market finished April with 47 closed sales which is up from the 34 & 27 closed sales in the prior months of March and February respectively. Of the 47 closed sales in April, 13 were distressed properties (foreclosures/short sales) representing 28% of the closed sales for the month. As of the end of April, distressed properties accounted for 21% of the active listing inventory. There were 6 closed sales of homes valued over $500K during April and a total of 14 over the three month period of February – April. 

You can check out the remainder of this market update and an accompanying chart in my latest blog post by clicking here: West Linn real estate market update.  I welcome your questions or comments!

Steve Thoele, Principal Broker
Keller Williams Realty-Portland Premiere
503-680-2065 (cell)
Portland Oregon Real Estate Blog
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