375% SLOWER than Last Year: LAKE OSWEGO Homes Selling in 38 DAYS🏡📉

Lake Oswego homes are selling at a median speed of 38 days, which is 375% slower than the 8 days of December 2022. This is positive housing market news for Lake Oswego home buyers. Additionally, the 38 days of December 2023 are 533% slower than the 6 days of December 2021, which was the fastest housing market in December over the last four years.
Here's an excellent tip if you're buying a home or selling a home: Days-on-Market (DOM) is a critically important market trend because it instantly tells you the housing market's speed and the speed of the housing market tells you everything you need to know as a home buyer or home seller. If the location has a consistent DOM under 10 days, it's a fast-moving housing market with bidding wars and rising prices, also known as a seller's market. As the DOM increases above the 10-day mark towards the 20s or 30s, you can expect a slower housing market with less competition and the ability to negotiate prices, also known as a buyer's market.
I'm passionate about homeownership and helping home buyers navigate the real estate market and homeowners understand the elements that make up a home's value. For additional Housing Market trends, the hottest listings by location & price, Open Houses, personalized monthly Market Reports, and more, see the links below:
Get Your FREE Monthly Home Value Report 🏡📈
👉 www.homemadeportland.com/mast...
See Homes for Sale by Location - No need to search. Results ready-to-go! 🏡
👉 www.homemadeportland.com/home...
See Homes for Sale by Price - No need to search. Results ready-to-go! 🏡🙋‍♀️
👉 www.homemadeportland.com/home...
List of Open Houses by Location 🏡🙋‍♀️
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Real Estate 101 - Market Trends, Analysis & more! 🏡
👉 www.homemadeportland.com/real...
See DIY/Home Improvement Videos: 🤪🛠🪚
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Real Estate Done Right - Real estate is all about you! 🏡🙋‍♀️
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I hope you find this information helpful. Feel free to contact me with any questions.🙋‍♀️Have a great day!
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